Novus Acquisition and Development Corp (NDEV)

[harthay]

NDEV shares outstanding remain flat at approximately 90 million.
This is the biggest tell-tale sign that NDEV is attempting to build a business, not a stock manipulation.
I would fear and do fear stocks that issue lots of shares and take on toxic convertible debt.
Neither is the case here in NDEV, which tells me that insiders, management & Board are aligned with the best interests of the equity shareholders.

From the 3 most recent filings: see for yourself at:
https://www.otcmarkets.com/stock/NDEV/filings

CUSIP: 67011R 205
Par or Stated Value: $.001
Total shares authorized: 200,000,000 as of: September 30, 2016
Total shares outstanding: 92,453,624 as of: September 30, 2016

CUSIP: 67011R 205
Par or Stated Value: $.001
Total shares authorized: 200,000,000 as of: March 31, 2016
Total shares outstanding: 90,953,624 as of: June 30, 2016

CUSIP: 67011R 205
Par or Stated Value: $.001
Total shares authorized: 200,000,000 as of: December 31, 2015
Total shares outstanding: 88,953,624 as of: December 31, 2015