Innovus Pharmaceuticals, Inc. (NORHD)

[LogicalGains]

some DD:

NORH RM with http://www.fastrackpharma.com/ news yesterday moved from .05 to .50 so far.
1 for 10 small RS.
Small float after RM - 16,564,063

FasTrack Pharmaceuticals, Inc has agreement with APRI - NASDAQ company
"In March 2010, FasTrack sold the worldwide rights of PrevOnco to Apricus Biosciences, Inc. (“Apricus Bio”). Under the terms of the agreement, FasTrack and Apricus Bio will share equally in any future revenues from PrevOnco, including payments received from potential licensing partners"

Insiders owned more than 50% of the OS before RM. IMO, they went with this merger knowing that the share prize will rise to dollar(s) level once things evolves.

8k
"ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.

(a) On July 13, 2011, we entered into a Merger Agreement and Plan of Merger ("Agreement")with FasTrack Pharmaceuticals, Inc., a Delaware corporation. FasTrack was organized in October 2008. FasTrack is engaged in the business of the development of innovative pharmaceutical products. The company has unique delivery platforms and know-how which provide a basis for the therapeutic drugs under development. The Agreement is attached as an exhibit to this Form 8-K. There is no material relationship between North Horizon and its affiliates and any of the other parties, other than the Agreement.

A brief summary of the terms and conditions of the Agreement follows. FasTrack will merge with a subsidiary of North Horizon whereby FasTrack will become a subsidiary of North Horizon. The shareholders, convertible note holder, and warrant holder of FasTrack will receive in the transaction the number of shares comprising ninety-two per cent (92%) of the fully-diluted shares of the Company as of the Closing which shares will shares will be issued after the reverse split. This summary incorporates by reference the complete Merger Agreement and Plan of Merger which is an Exhibit to this report.

Prior to the Closing North Horizon will amend its Articles of Incorporation to change its name and to increase its authorized capital to 150,000,000 shares of common stock, par value of $.001 per share and North Horizon shall adopt a recapitalization by a reverse stock split on the basis of ten shares into one share for the issued and outstanding shares North Horizon common stock. Pursuant to the terms of the Agreement the current directors will resign and appoint three new directors, Vivian Liu; Henry Esber, Ph.D.; and Ziad Mirza, M.D. The appointment of the new directors will become effective upon their acceptance and the closing. It is anticipated that our principal shareholder who owns approximately sixty-three per cent (63%) of the issued and outstanding shares of common stock will approve by written consent the foregoing proposals to amend the Company's Article of incorporation.

The closing will cause a change in control of the Company. There will be new officers and directors, and the present shareholders will become minor shareholders of the Company. Presently the Company has 13,251,250 shares of common stock issued and outstanding. The effect of the reverse split will be to reduce that number to 1,325,125. To acquire the shares of FasTrack the Company will issue to the FasTrack shareholders, convertible note holder, and warrant holder, on a fully-diluted basis, approximately 15,238,938 shares (post reverse split). When these shares are issued, the Company will then have outstanding approximately 16,564,063 shares of common stock."

[Cakeman28]

hmm i have a small buy at the ask and has not went through....

[Cakeman28]

yess!!!! hmm i seen news .10 then 14. hmm who knows what tomorrow will bring...at the moment their is a HUGE spread...unless it gets closer in the am...i will not buy...GLTA

[Mr. Bill]

Sweet, bet those .10s go quick as well

[LogicalGains]

Any body here Merger closed... http://fastrackpharma.com/

[Mr. Bill]

Trading by MM History

http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=NORH&SortBy=volume&Month=11-1-2009&IMAGE1.x=13&IMAGE1.y=5

[AliAngel]

Mr bill I am looking to buy in here. You always beat me to the good ones. LOL

[Mr. Bill]

Insider / Large holders - 81% of shares 10.7M+

Name and Address
of Beneficial Owner Amount and Nature of
Beneficial Owership Percent of Class (1)

Wallace Boyack 8,405,788 63%

Willard Kjates 2,339,600 18%

8,405,788 63%

[Mr. Bill]

Why is NITE offering shares at .02 when their average is .077?

[Mr. Bill]

NITE offering shares below their average

.01 x .05 - only MM on NORH

[Mr. Bill]

DOMS .0125 Average: Aug(1378) July(6000) June(800)
NITE .077 Average: Apr(2000) March(12000) Feb(20000)
HILL .05 on Feb 20th: Feb(1000)

NITE: 15K@.05 5K@.25 Feb. 12K@.05 Mar. 2K@.01 Apr
DOMS: 878@.01 500@.05 Aug. 6K@.01 July. 800@.01 June

Trading History:
9/14/2009 0.02 0.02 0.02 0.02 9,900
9/11/2009 0.01 0.01 0.01 0.01 5,000
8/17/2009 0.05 0.05 0.05 0.05 500
8/14/2009 0.01 0.01 0.01 0.01 878
7/17/2009 0.01 0.01 0.01 0.01 6,000
6/23/2009 0.01 0.01 0.01 0.01 800
4/23/2009 0.01 0.01 0.01 0.01 2,000
3/30/2009 0.05 0.05 0.05 0.05 6,000
3/27/2009 0.05 0.05 0.05 0.05 6,000
2/20/2009 0.05 0.05 0.05 0.05 1,000
2/5/2009 0.25 0.25 0.05 0.05 20,000

Monthly MM Volume - Began trading Feb 2009 after 10 year sleep

DOMS Aug(1378) July(6000) June(800)
NITE Apr(2000) March(12000) Feb(20000)
HILL Feb(1000)

http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=norh&SortBy=volume&Month=8-1-2009

Time & Sales
Price Size Exch Time
0.02 9900 OBB 09/14
0.01 5000 OBB 09/11
0.05 500 OBB 08/17
0.01 878 OBB 08/14
0.01 6000 OBB 07/17
0.01 800 OBB 06/23
0.05 5000 OBB 03/30
0.05 1000 OBB 03/30
0.05 6000 OBB 03/27
0.05 1000 OBB 02/20
0.05 1000 OBB 02/20
0.05 15000 OBB 02/05
0.25 5000 OBB 02/05

[Mr. Bill]

Trading History

9/14/2009 0.02 0.02 0.02 0.02 9,900
9/11/2009 0.01 0.01 0.01 0.01 5,000
8/17/2009 0.05 0.05 0.05 0.05 500
8/14/2009 0.01 0.01 0.01 0.01 878
7/17/2009 0.01 0.01 0.01 0.01 6,000
6/23/2009 0.01 0.01 0.01 0.01 800
4/23/2009 0.01 0.01 0.01 0.01 2,000
3/30/2009 0.05 0.05 0.05 0.05 6,000
3/27/2009 0.05 0.05 0.05 0.05 6,000
2/20/2009 0.05 0.05 0.05 0.05 1,000
2/5/2009 0.25 0.25 0.05 0.05 20,000

[Mr. Bill]

Monthly MM Volume on NORH - Began trading Feb 2009 after 10 year sleep

DOMS Aug(1378) July(6000) June(800)
NITE Apr(2000) March(12000) Feb(20000)
HILL Feb(1000)

http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=norh&SortBy=volume&Month=8-1-2009

[Mr. Bill]

10K filed Dec 2008 - not traded for 10 years until now

Our shares have not traded in the public market for more than ten years. Any trading of our shares in the near term will be on the electronic bulletin board of the NASD or in the over the counter market on the “pink sheets” provided by the National Quotations Bureau. Section 15g-2 of the regulations under the Exchange Act requires broker-dealers transacting trades in penny stock to provide potential investors with a disclosure statement detailing the risks of investing in penny stocks and to have the investor sign a receipt of the disclosure statement before any transactions may occur in the investor’s account. Also, broker-dealers must approve the account of an investor purchasing penny stocks. After we make any acquisition, most likely our shares of common stock will still be classified as a “penny stock.”

[Mr. Bill]

Recent trading history

Stock History Next
Date Open Day High Day Low Close Volume
9/14/2009 0.02 0.02 0.02 0.02 9,900
9/11/2009 0.01 0.01 0.01 0.01 5,000
8/17/2009 0.05 0.05 0.05 0.05 500
8/14/2009 0.01 0.01 0.01 0.01 878
7/17/2009 0.01 0.01 0.01 0.01 6,000
6/23/2009 0.01 0.01 0.01 0.01 800
4/23/2009 0.01 0.01 0.01 0.01 2,000
3/30/2009 0.05 0.05 0.05 0.05 6,000
3/27/2009 0.05 0.05 0.05 0.05 6,000
2/20/2009 0.05 0.05 0.05 0.05 1,000
2/5/2009 0.25 0.25 0.05 0.05 20,000

[Mr. Bill]

Waited for 20 minutes for a fill - no fill - AT had shown .05 x .20 since 9/11 even though NITE was at .001 x .02

Called AT and they called down to NITE - NITE said they would fill me shortly - finally got just under 10K shares at .02 5 minutes later.

25 minute fill and had to have the broker contact the MM

[Mr. Bill]

NITE was at .001 x .02 then went to .0123 x .02 then to .0123 x .10 then to .001 x .10