Novation Holdings Inc. (NOHO)

[Hi_Lo]

NOHO has 10 billion shares. A CEO with a long history of running penny stock scams, NOHO being deregistered in February 13,2017 and 5 recent press releases which all failed to raise NOHO's price as insiders dumped hundreds of millions of shares over and over again (check press release history with price and volume).

Plenty of links and DD has been shared outlining why NOHO is a scam and Michael Gelmon's shady history - including court judgements made against him for fraud, unjust enrichment, breach of fiduciary duty, breach of contract and negligence.

If the price hasn't budged with five press releases in two weeks, it never will.

Not only that but NOHO has 10 billion shares so a reverse split is almost inevitable (unless it gets suspended first). NOHO has no assets or revenue and all these pie in the sky Gelmon BS "plans" will never happen. And if anything is done to further the so called "attempt" "when and if" Gelmon decides to, they will just be a part to further the scam.

That's Michael Gelmon's MO with his long list of penny stock scams.

NOHO was deregistered on February 13, 2017 so there will be no quarterly reports coming.

https://www.otcmarkets.com/stock/NOHO/profile

Financial Reporting/Disclosure
Reporting Status
Alternative Reporting Standard
Deregistered a/o Feb 13, 2017

People are buying blindly into this dilution scam.

NOHO is a "dilution scam" according to InvestorsHub's own Fraud Research Team.

Posted on April 17, 2017:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=130522827

"Today ALZM still trades as NOHO and is still getting used as a dilution scam"

Other Gelmon scam companies:

CEO Michael J. Gelmon's Epicus Communications Group, Inc. (EPCG) was revoked.

Safeguard Security Holdings, Inc.
Michael J. Gelmon Chairman and President
$0.0001; No Information, Skull & Crossbones

Solar Energy Initiatives, Inc
Michael J. Gelmon CEO
0.0001 x .0002; Stop Sign (No trades since 08/07/2014)
Jan 16, 2014 Alberta Securities Commission - Cease Trade Order

Golden Patriot Corp
Michael J. Gelmon President, Secretary, Treasurer, Director
0.0007; No Information, Skull & Crossbones (No trades since 08/05/2014)
Feb 20, 2014 Alberta Securities Commission - Cease Trade Order

Banyan Corp.
Michael J. Gelmon President, Secretary, Treasurer, Director
0.0001; No Information, Skull & Crossbones
Feb 20, 2014 Alberta Securities Commission - Cease Trade Order

Novation Holdings, Inc. f/k/a Allezoe Medical Holdings, Inc (ALZM)
Michael J. Gelmon CEO
Michael Choo, director
Michael B. Holder, director
No bid x 0.0001
Net loss $3,782,009; past nine months
Jan 15, 2014 Alberta Securities Commission - Cease Trade Order

Focus Gold Corporation
Chairman, CEO, President and Secretary
John F. Burke CFO
0.0001 x 0.0002
Feb 3, 2014 Alberta Securities Commission - Cease Trade Order
Accumulated deficit $23,345,886