Inova Technology Inc.(fka INVA)

[MarqueeGemFinder]

Vital must see DD available on INVA- with respect to healthy revenues and backlogged awarded contracts totally $42 mil. More backlogged contracts and increased sales revenues in 4th quarter announced and forthcoming.
Please take note of their increasing backlog with government contracts and the fact that these revenues and sales are NOT inclusive of the recently sold off Trakkers division making this stock EVEN MORE attractive at current stock fundamentals.
Based on revenues, announced backlogged contracts, stock fundamentals and chart indicators - We could easily see a two-three day run up to .007. Thats still no where near current pps valuation. Close strong through power hour to .0045-.005.
Please read this important press release below to stockholders below. Please note- the company's sale of Trakkers makes this stock even more attractive at these extremely depressed pps entry.

All the best
-M

Inova Revenue Increased 90% to $7.6 Million for Quarter
6:00a ET September 19, 2013 (GlobeNewswire)

Inova Technology (OTCBB:INVA), announced that its revenue increased by $3.6 million from $4 million for the preceding quarter to $7.6 million in the quarter ending July 2013 representing an increase of 90%.

Inova CEO, Adam Radly, said, "$7.6 million of revenue in one quarter is obviously an excellent result for us. We were close to full capacity for the entire quarter and our team did a great job of getting projects completed on time and on budget for our customers."

The Company previously announced that it has as a backlog of awarded contracts worth $42 million. More information regarding the backlog can be found in the press release dated July 2, 2013. Inova CEO, Adam Radly, said, "We will commence the new sales season in October and will look to add to the current backlog. The Company's current contract backlog is very healthy and gives us and our stakeholders a lot of visibility into our future revenue."

Mr. Radly also said, "We will continue to provide updates regarding the commencement and completion of the major projects that we have previously announced over time as they occur."

The majority of the projects in the current backlog are network solutions projects for government customers in the Texas area. The backlog includes more than 15 customers and consists of a combination of both new and previous customers. The larger projects are network solutions projects for Ft Worth and Dallas School Districts. These projects do not represent all of Inova's revenue for any given period. They only reflect a portion of the revenue generated by Desert Communications and exclude revenue from its other subsidiary, Trakkers.



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