Novus Acquisition and Development Corp (NDEV)

[MIKE18181]

NDEV- Read 100 million letter of credit.

Novus to write policies if I read this correctly

" says in order to write policies Lloyds of London approval

will give funding to Novus..

NDEV said this will enhance the balance sheet giving novus a
Book value of 2.78 per share.

They can now be able to write policies as they are approved.

* They are waiting on the LETTER OF CREDIT..

I have several lawyers looking into this.. And to turn over every stone as
this will be DD to the MAX....