Novation Holdings Inc. (NOHO)

[I-Glow]

it is absurd to think a merger with ACX - in which I couldn't find any patents would trade in the $1 range.

When you say a lot less shares - yes all of the shares that are now NOHO will represent 10% of the ACX shares - the 2.5 Billion NOHO shares will become 250,000 shares of ACX - and that will be 10% of the ACX shares.

Present shareholders will be reverse mergered into nothing of significance.

The 8-K states that ACX will have 250,000,000 total common shares and the NOHO 2,500,000,000 shares - will become 250,000 shares and that will be 10%.

So if someone owned 100,000,000 shares of NOHO - that would become 10,000 shares of ACX.

The 100,000,000 shares used to represent 4% of the total A/S of NOHO.

Now those 10,000 shares represent 0.004% of the A/S for ACX.

Shareholders have been screwed if there is a deal to do a reverse merger with the NOHO shell.

At the NOHO PPS of 0.0001 a 100 million shares is worth $10,000 - if you could find a buyer.

So, the 100,000,000 shares of NOHO would be worth $10 for the new company.

IG