EXHIBIT 31.2

                      CERTIFICATION PURSUANT TO SECTION 302
                        OF THE SARBANES-OXLEY ACT OF 2002
                         FOR THE CHIEF FINANCIAL OFFICER
                       AND THE PRINCIPAL FINANCIAL OFFICER

I, Robert Scherne, interim chief financial officer, certify that:

1. I have reviewed this annual report on Form 10-QSB of New Generation Holdings,
Inc.;

2. Based on my knowledge, this quarterly report does not contain any untrue
statement of a material fact or omit to state a material fact necessary to make
the statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this quarterly
report;

3. Based on my knowledge, the financial statements, and other financial
information included in this quarterly report, fairly present in all material
respects the financial condition, results of operations and cash flows of the
registrant as of, and for, the periods presented in this quarterly report;

4. The registrant's other certifying officer and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined in
Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant and I have:

      a) designed such disclosure controls and procedures, or caused such
      disclosure controls and procedures to be designed under our supervision,
      to ensure that material information relating to the registrant is made
      known to us by others, particularly during the period in which this
      quarterly report is being prepared;

      b) evaluated the effectiveness of the registrant's disclosure controls and
      procedures and presented in this report our conclusions about the
      effectiveness of the disclosure controls and procedures, as of the end of
      the period covered by this report based on such evaluation; and

      c) disclosed in this report any changes in the registrant's internal
      controls over financial reporting that occurred during the registrant's
      most recent fiscal quarter (the registrant's fourth fiscal quarter) that
      have materially affected, or are reasonably likely to materially affect,
      the registrant's internal controls over financial reporting.

5. The registrant's other certifying officer and I have disclosed, based on our
most recent evaluation, to the registrant's auditors and the audit committee of
registrant's board of directors (or persons performing the equivalent
functions):

      a) all significant deficiencies in the design or operation of internal
      controls which could adversely affect the registrant's ability to record,
      process, summarize and report financial data and have identified for the
      registrant's auditors any material weaknesses in internal controls; and

      b) any fraud, whether or not material, that involves management or other
      employees who have a significant role in the registrant's internal
      controls.


                                       /s/ Robert Scherne
                                       -------------------------------
                                       Robert Scherne
                                       Chief Financial Officer

                                       Date: January 19, 2007