UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT PURSUANT

TO SECTION 13 OR 15(D) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): ~~December~~ June 2118, 2007 ~~2006~~

NewGen Technologies, Inc (Exact Name of Registrant as Specified in Its Charter)

Nevada (~~Exact Name~~State ofor ~~Registrant~~Other asJurisdiction ~~Specified~~of inIncorporation ~~Its~~or ~~Charter~~Organization)

Nevada

(State or Other Jurisdiction of Incorporation or Organization)

000-23365	33-0840184
(Commission File Number)	(IRS Employer Identification No.)

6000 Fairview Road, 12^th Floor, Charlotte, NC 28210

(Address of Principal Executive Offices, Including Zip Code)

(704) 552-3590 (Registrant’s Telephone Number, Including Area Code) (Former Name or Former Address, if Changed Since Last Report)

(Registrant’s Telephone Number, Including Area Code)

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 41.0102 ~~Changes~~Termination inof ~~Registrant's~~a ~~Certifying~~Material ~~Accountant.~~Definitive Agreement

~~(a) On~~As ~~December~~previously 21reported, ~~2006~~NewGen, ~~the~~Appalachian ~~Board~~Oil ofCompany, ~~Directors~~Inc. (~~the~~ “~~Board~~Appco”) and the stockholders of ~~NewGen~~ ~~Technologies,~~Appco ~~Inc.~~ (the “~~NewGen~~Sellers”) entered into a Stock Purchase Agreement, or dated January 16, 2007, as amended (the “~~Company~~Stock Purchase Agreement”). Pursuant to ~~approved,~~a ~~effective~~series ~~immediately,~~of addenda to the ~~dismissal~~Stock ofPurchase Agreement, NewGen, Appco and the Sellers ~~Company’s~~agreed ~~then-current~~that neither party could unilaterally terminate the Stock ~~principal~~Purchase ~~independent~~Agreement ~~accountant~~prior to 5:00 PM Eastern Time on June 7, ~~Weinberg~~2007 &due ~~Company~~to Pthe failure to close the Appco acquisition prior to such time.~~A.,~~ ofOn ~~Boca~~June ~~Raton~~18, 2007, ~~Florida~~Appco (and the ~~“Outgoing~~Sellers provided written notice of and exercised their right ~~Auditor”).~~to ~~The replacement~~terminate ofthe Stock Purchase Agreement pursuant to the ~~Outgoing~~Stock ~~Auditor~~Purchase ~~with~~Agreement. Subsequently, Appco communicated to NewGen’s ~~new~~through ~~principal~~their ~~independent~~respective counsel ~~accountant~~that the ~~will~~Sellers ~~take~~and ~~effect~~Appco ~~prior~~were unwilling to extend the ~~audit~~termination ofdate ~~NewGen’s~~for ~~financial statements~~the ~~for~~Stock Purchase Agreement, but that the ~~fiscal~~Sellers ~~year~~and ~~ending~~Appco ~~December~~would ~~31,~~be ~~2006~~willing to re-open negotiations immediately regarding a new definitive agreement for the acquisition of Appco.

The Outgoing Auditor served as NewGen’s principal independent accountant from June 2005 until the effective date of its dismissal. During such period of time, the Outgoing Auditor’s reports on the Company’s financial statements did not contain an adverse opinion or disclaimer of opinion and were not modified as to uncertainty, audit scope or accounting principles. Furthermore, during such period of the Outgoing Auditor’s service, there were no disagreements between the Company and the Outgoing Auditor on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure, which, if not resolved to the Outgoing Auditor’s satisfaction, would have caused the Outgoing Auditor to make reference to the subject matter of any such disagreement in connection with its reports on the Company’s financial statements.

In accordance with the requirements of Item 304(c) of Regulation S-B, the Company has provided the Outgoing Auditor with a copy of the disclosures contained herein and has requested that the Outgoing Auditor furnish it with a letter addressed to the Securities and Exchange Commission (the “SEC”) stating whether or not the Outgoing Auditor agrees with such disclosures and, if not, stating the respects in which the Outgoing Auditor does not agree. A copy of the Outgoing Auditor’s letter to the SEC, dated December 26, 2006, is filed as an exhibit to this Current Report on Form 8-K.

(b) On December 21, 2006, the Company’s Board approved, effective immediately, the engagement of Skoda Minotti & Co. of Mayfield Village, Ohio, a registered public accounting firm (the “New Auditor”), as the Company’s new principal independent accountant. Such engagement shall take effect prior to the audit of NewGen’s financial statements for the fiscal year ending December 31, 2006. Prior to its engagement of the New Auditor, the Company did not consult with the New Auditor regarding any of the matters described in Items 304(a)(2)(i) or 304(a)(2)(ii) of Regulation S−B.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

No. Description

4.1 Letter from Weinberg & Company P.A. to the Securities and Exchange Commission, dated December 26, 2006.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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EXHIBIT INDEX

No. Description

4.1 Letter from Weinberg & Company P.A. to the Securities and Exchange Commission, dated December 26, 2006.

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~~NewGen Technologies, Inc.~~

NewGen Technologies, Inc.

December 26, 2006

/s/ S. Bruce Wunner

June 22, 2007

/s/ S. Bruce Wunner

~~Name: S. Bruce Wunner~~

Name: S. Bruce Wunner

~~Title: Chief Executive Officer~~

Title: Chief Executive Officer

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