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Thursday's PR last Thursday that is: Take a looky!!
China Nuvo Solar Energy, Inc. Signs Letter of Intent to Acquire Regional Surgical Implant Distributor
Date : 11/03/2011 @ 7:00AM
Source : PR Newswire
Stock : China Nuvo Solar Engy (QB) (CNUV)
Quote : 0.0023 -0.0002 (-8.00%) @ 4:03PM
China Nuvo Solar Energy, Inc. Signs Letter of Intent to Acquire Regional Surgical Implant Distributor
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China Nuvo Solar Engy (QB) (USOTC:CNUV)
Historical Stock Chart
1 Month : October 2011 to November 2011
China Nuvo Solar Energy, Inc. (OTCQB: CNUV) today announced that it has signed a Non-Binding Letter of Intent ("LOI") to acquire a distributor of surgical implants. Pursuant to the terms of the LOI, the Company has contemplated that upon the anticipated closing of the transaction that the target distribution company would become a new wholly owned subsidiary of CNUV.
Mr. Thomas Toland, CEO of SurgLine was quoted as saying, "This target acquisition makes tremendous sense for our Company as we continue to identify distributors with complimentary business strategies which may allow us to further expand our distributorship network while enabling SurgLine to utilize their established relationships with hospitals, surgical centers and physicians. We will continue to identify and search for similar opportunities that fit this criteria and that makes sense for our Company and shareholders."
Mr. Toland went on to add, "In addition to the approximately $9 million annual run rate of revenues, this targeted distributor has tremendous market knowledge and experience and this potential acquisition would allow SurgLine to add critical expertise and depth to our management team."
Closing of the transaction is subject to customary conditions including, among other things, due diligence, the negotiation and execution of definitive agreements as well as the approval of both company's boards of directors and any necessary stockholder or regulatory approval.
About SurgLine, Inc.
SurgLine (www.surgline.com) is focused on sourcing and distributing high quality FDA approved surgical product for spine, trauma and sports medicine with anticipated savings that can range from 30% to 50% in real dollars when compared to the competition. Our clients include acute care hospitals, surgery centers and physician owned surgical hospitals. SurgLine's business strategy continues to be focused on reducing or eliminating the historical brand premium. SurgLine offers high quality medical and surgical products at substantial savings utilizing stocking distributors and institutional buyers by sourcing products globally without the historical brand premium and industry markup while passing the savings on to the end user.
About China Nuvo Solar Energy, Inc.
China Nuvo Solar Energy, Inc. is a holding company that in addition to SurgLine, wholly owns Nuvo Solar Energy, Inc., a development stage company that owns unique patent pending solar and photovoltaic related technology. The Company is also seeking other business opportunities. On October 18, 2011 China Nuvo Solar Energy, Inc., amended its articles of incorporation and changed its name to SurgLine International, Inc. The Company is in the process of working with the regulatory bodies to reflect the new name, symbol and Cusip number for quotation on the OTCQB.
This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company's current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements.
For Further Information Contact:Tom Toland949-698-8485
SOURCE China Nuvo Solar Energy, Inc.
Heck I'm fake too. I don't exist. LOL Go CNUV!!
This must be fake too! LMAO Go CNUV aka MOASS!!
How about MOASS!! Seems to fit well with CNUV!!
No scam here do your DD!! Check out the recent news releases too. Go CNUV
Last three days MM's setting CNUV up for run to pennyland especially with possible big news Monday. Glad I'm in this one!! Go CNUV!!!
.0023 close on 82,167,036 share volume for the day
Close big hits at the end to close at .0023
Strong close ready to run Monday!!!
vfin finally moved someone slap .0023
What group are you speaking of?
We will see!! Especially if big news is on the horizon!!
Still got VFIN at .0022 on the ask with his phony 5k lot. Who knows with him?
This has been a mega loading day today. Peeps expecting big things coming!!
If the bidsitters would just pop the ask this would fly into closing.
I agree they are building up to the big one. These are just teaser PRs. Big one coming Monday!!
Close .0025 I'm thinking hopefully higher!!
Peeps better grab the cheapies while they still can today. Not going to see .002s much longer. Monday should see new highs!! Go CNUV!
What is the PR prediction for Monday. So far two of three prs have come true. Go CNUV
Let's close green come on peeps. News Monday will blow the shorts out of the water. Go CNUV!!
VNDM now sitting top on the bid hmmmmmmmmm can you say cover all the shares you just shorted! Go CNUV
Plain and simple shorts are in big trouble due to recent events announced by CNUV and future mind blowing events coming. As early as next Monday. Shorts need to cover so they are manipulating pps so they can cover their millions of naked shares they shorted. Enough said!! Go CNUV!
Thanks for the input!! Go CNUV
Okay I agree good call. Where do you see pps going from here?
Standoff occuring now lol time to turn back north go CNUV
Finally VNDM moved up a tick on the ask now at .0022 with a 500,000 share ask go cnuv
My L2 is still showing VNDM with his crap 5k ask at .0021 and VFIN sitting with his crap 5k ask at .0022
VNDM is relentless today he won't move off the ask no matter what shortin the crap out of CNUV go CNUV
VFIN and VNDM need to move off the ask already too. SEC needs to put these scumbags in jail. Go CNUV
For sure and that is pure rotten MM manipulation something stinks Go CNUV
MM crooks just filled 1 million shares at .0019 under the bid of .002 manipulation at it's finest bs
Bids stacking let's get ready to rumble Go CNUV!!
Holy crap followed by another 7 million what is going on around here wow go CNUV
Shorts are about to get crushed here!! Go CNUV
VFIN MASSIVE BID AT .0024 COME ON VNDM SHORT SOME MORE GO CNUV
You know the saying once one short starts covering they all join in and kill each other!! Go CNUV!! Looks like VFIN covering!
VFIN GOT A BID OF OVER 7 MILLION AT .0024
SMACK THE ASK SQUEEZE IN MOTION GO GO GO CNUV
SQUEEZEEEEEEEEEEEEEEEEEEEEEEE
Looky looky VMDM got 5 million shares on the bid now weeeeeeeeeeeeee