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YOUR RIGHT IGNORING THE REGULATORY BODIES DATA IS HARD:
http://www.otcmarkets.com/marketActivity/reg-sho-otc
http://www.otcmarkets.com/stock/CNUV/short-sales
tc
IF YOU KNEW WHAT REG SHO WAS YOU WOULD REALIZE IT DEALS WITH NAKED SHORTING.
WONDER WHY NOBODY ARGUES ABOUT 200 MILLION NEW SHARES ISSUED AT HUGE DISCOUNTS AT THAT TIME. SO FUNNY IN HERE.
I guess i would say short interest too if i knew the company was issuing new shares all the time at large discounts. 200 mILION IN THE 9THIRD QUARTER RIGHT BEFORE THE STOCK WENT UP WHEN THE STOCK WENT DOWN AGAIN. HMMM
Common Stock Issuances
In November 2011, the Company issued $100,000 in convertible notes to seven investors. The notes convert at a discount equal to 50% of the average of the lowest three trading prices per share of the CompanyÂ’s common stock for the ten (10) trading days immediately preceding the date of conversion. Accordingly, in November 2011, upon the Company receiving Conversion Notices on the $100,000 convertible notes from the noteholders, the Company issued 146,853,147 shares of restricted common stock.
In November 2011, the Company issued 31,044,776 shares of common stock upon the conversion of $20,000 of the 2011 Convertible Notes and $800 of accrued and unpaid interest.
On November 15, 2011 the Company issued 40,000,000 shares of common stock upon the conversion of $30,000 of the 2007 Debentures. The shares were issued at an average conversion price of $0.00075 per share.
Management performed an evaluation of the CompanyÂ’s activity through the date these financials were issued to determine if they must be reported. The Management of the Company determined that there were no other reportable subsequent events to be disclosed
MORE 50% DISCOUNTED SHARES AT THE TIME OF SHARES. i WAS RIGHT. SHOULD HAVE LISTENED.
------
ORIGINAL:
Shares issued for conversion of subordinated debentures and accrued interest
From September 2, 2011 through October 31, 2011 the Company issued 124,320,512 shares of common stock upon the conversion of $88,000 of debentures and $10,336 of unpaid interest on the debentures. The shares were issued at approximately $0.0008 per share.
Shares issued for conversion of Series A Preferred Stock
On September 6, 2011 the Company issued 32,894,167 shares of common stock upon the conversion of $39,473 shares of Series A Preferred Stock. Pursuant to the Certificate of Designation of the Preferred Stock, as amended, the shares were issued at approximately $0.0012 per share.
Other issuance of shares of common stock
On October 20, 2011, the Company issued 76,677,667 shares of common stock pursuant to Debt Settlement and Release Agreements in exchange for the cancellation of $43,007 of accounts payable. The shares were issued at approximately $0.0006 per share.
YOu see what you are saying makes no sense because that what regulation SHO is there to show.
Look there are no REG SHO for CNUV look it up:
http://www.otcmarkets.com/marketActivity/reg-sho-otc
----------------
Regulation SHO defines threshold securities as any equity security of an issuer that is registered under Section 12, or that is required to file reports pursuant to Section 15(d) and where, for five consecutive settlement days:
there are aggregate fails to deliver at a registered clearing agency of 10,000 shares or more per security; AND
the level of fails is equal to at least one-half of one percent of the issuer's total shares outstanding
Common Stock Issuances
In November 2011, the Company issued $100,000 in convertible notes to seven investors. The notes convert at a discount equal to 50% of the average of the lowest three trading prices per share of the CompanyÂ’s common stock for the ten (10) trading days immediately preceding the date of conversion. Accordingly, in November 2011, upon the Company receiving Conversion Notices on the $100,000 convertible notes from the noteholders, the Company issued 146,853,147 shares of restricted common stock.
In November 2011, the Company issued 31,044,776 shares of common stock upon the conversion of $20,000 of the 2011 Convertible Notes and $800 of accrued and unpaid interest.
On November 15, 2011 the Company issued 40,000,000 shares of common stock upon the conversion of $30,000 of the 2007 Debentures. The shares were issued at an average conversion price of $0.00075 per share.
Management performed an evaluation of the CompanyÂ’s activity through the date these financials were issued to determine if they must be reported. The Management of the Company determined that there were no other reportable subsequent events to be disclosed
MORE 50% DISCOUNTED SHARES AT THE TIME OF SHARES. i WAS RIGHT. SHOULD HAVE LISTENED.
------
ORIGINAL:
Shares issued for conversion of subordinated debentures and accrued interest
From September 2, 2011 through October 31, 2011 the Company issued 124,320,512 shares of common stock upon the conversion of $88,000 of debentures and $10,336 of unpaid interest on the debentures. The shares were issued at approximately $0.0008 per share.
Shares issued for conversion of Series A Preferred Stock
On September 6, 2011 the Company issued 32,894,167 shares of common stock upon the conversion of $39,473 shares of Series A Preferred Stock. Pursuant to the Certificate of Designation of the Preferred Stock, as amended, the shares were issued at approximately $0.0012 per share.
Other issuance of shares of common stock
On October 20, 2011, the Company issued 76,677,667 shares of common stock pursuant to Debt Settlement and Release Agreements in exchange for the cancellation of $43,007 of accounts payable. The shares were issued at approximately $0.0006 per share.
Sorry Hardly any short interest:
http://www.otcmarkets.com/stock/CNUV/short-sales
No reg sho: (look up CNUV no where to be found)
http://www.otcmarkets.com/marketActivity/reg-sho-otc
too funny. the items are numbers and specific information related to this compnay in the most recent 10Q. I never new recent 10Q was old news. LMAO. I guess we should just ignore the fact that they have not been disclosing information like they should per 10Q and that they diluted the O/S by adding about 200 Million new shares in third quarter alone ust before we had the pop and wave of new posters on the board. GLTU
show me where it counts (the 10Q) PRs dont mean anything.
Also the restrictions they do have now according to an SEC documnet (10Q) says only six months from around sept so that is coming due now. Also if you read that section those shares can become unrestricted before six months.
THanks
please show me the exact words in the 10Q that say that or in the PR.
It doesnt say they would it said they would discuss it in PR but nothing in the 10Q, which is what matters, about it. That's it.
I still havent seen any 19M in revenue or any talk of that in the 10Q. So keep dreaming. You think they would say something about projected 19M in revenue in 10Q but nope but they actually have went into debt by almost two million between march or so when surgline was formed to end of the third quarter per 10Q. Good luck with that. SEC is looking into what i sent them yesterday and seem very interested in it.
So are you saying the 10Q, which shows that they have diluted, wrong?
Also no they dont care about adding new shares because they give themselves plenty of shares at discounted pps to make up for the dilution or an r/s then they sell.
All these people saying O/S is restricted, that was in sept for up to six months, which ends soon and they never agreed to extend it. Also just to make it clear the 10Q about that restriction says that they can do it before 6 months depending on the agreements. Also just because 80% of shares are "so called" restricted until around Feb or March 2012, doesnt mean that they cant issue new shares into the O/S, which they have done at least during third quarter (10Q data). Any time you issue new shares into the O/S it is called dilution. The A/S is around 6.2 or 6.5 Billion and they have about 5.8B O/S as of last 10Q so plenty of room to add.
i always get a good laugh in here.
Please explain "not at all". Dates coincide with the charts.
other discounted shares they gave out in orignal 10Q: right after most or all of these discounted shares came the rally came in nov. then more discounted shares and price popped again right after then dead. Surprise surprise.
Common Stock Issuances
In November 2011, the Company issued $100,000 in convertible notes to seven investors. The notes convert at a discount equal to 50% of the average of the lowest three trading prices per share of the CompanyÂ’s common stock for the ten (10) trading days immediately preceding the date of conversion. Accordingly, in November 2011, upon the Company receiving Conversion Notices on the $100,000 convertible notes from the noteholders, the Company issued 146,853,147 shares of restricted common stock.
In November 2011, the Company issued 31,044,776 shares of common stock upon the conversion of $20,000 of the 2011 Convertible Notes and $800 of accrued and unpaid interest.
On November 15, 2011 the Company issued 40,000,000 shares of common stock upon the conversion of $30,000 of the 2007 Debentures. The shares were issued at an average conversion price of $0.00075 per share.
Management performed an evaluation of the CompanyÂ’s activity through the date these financials were issued to determine if they must be reported. The Management of the Company determined that there were no other reportable subsequent events to be disclosed
MORE 50% DISCOUNTED SHARES AT THE TIME OF SHARES. i WAS RIGHT. SHOULD HAVE LISTENED.
------
ORIGINAL:
Shares issued for conversion of subordinated debentures and accrued interest
From September 2, 2011 through October 31, 2011 the Company issued 124,320,512 shares of common stock upon the conversion of $88,000 of debentures and $10,336 of unpaid interest on the debentures. The shares were issued at approximately $0.0008 per share.
Shares issued for conversion of Series A Preferred Stock
On September 6, 2011 the Company issued 32,894,167 shares of common stock upon the conversion of $39,473 shares of Series A Preferred Stock. Pursuant to the Certificate of Designation of the Preferred Stock, as amended, the shares were issued at approximately $0.0012 per share.
Other issuance of shares of common stock
On October 20, 2011, the Company issued 76,677,667 shares of common stock pursuant to Debt Settlement and Release Agreements in exchange for the cancellation of $43,007 of accounts payable. The shares were issued at approximately $0.0006 per share.
one part you ignored
ii) is accumulated and communicated to our management, including our chief executive officer and chief financial officer, as appropriate to allow timely decisions regarding required disclosure
this means the communication in house between CFO and CEO were not good so disclosure of transactions were not being released when appropriate. To me that is very important when making an investment. LMAO.
Never knew so many invested on bubble gum dreams and fairy dust. and thinking timely disclosures that effect investors are not important. LMAO
Look at the chart in nov when we had the rally and the data i provided about the discounted shares. Coincides with the rally dont you think.
Make your own judgements why disclosing is important before and not after the fact. How all of a sudden just when all these discounted shares where given (per 10Q) we ralled on it with losts of posters etc. Hmmm. Dont worry move along nothing to see here.
After putting this together i have sent this to the SEC for review because it is a little funny that it rallied at same time for no reason with the discounted shares.
ITEM 4T. DISCLOSURE CONTROLS AND PROCEDURES
A review and evaluation was performed by the Company's management, including the Company's Chief Executive Officer (the "CEO") and Chief Financial Officer (the “CFO”), of the effectiveness of the design and operation of the Company's disclosure controls and procedures as of the end of the period covered by this report. Based on that review and evaluation, the CEO and CFO have concluded that as of October 31, 2011 disclosure controls and procedures, were not effective to ensure that information relating to us required to be disclosed in our Securities and Exchange Commission (“SEC”) reports (i) is recorded, processed, summarized and reported within the time periods specified in SEC rules and forms, and (ii) is accumulated and communicated to our management, including our chief executive officer and chief financial officer, as appropriate to allow timely decisions regarding required disclosure. The Company first intends to focus its’ efforts on stabilizing the business as a going concern, and secondly, designing and installing effective controls as soon as cash flow, and funding to do so become available.
Our management is responsible for establishing and maintaining adequate internal control over financial reporting. Internal control over financial reporting is a set of processes designed by, or under the supervision of, a companyÂ’s principal executive and principal financial officers, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with GAAP and includes those policies and procedures that:
Pertain to the maintenance of records that in reasonable detail accurately and fairly reflect our transactions and dispositions of our assets;
·
Provide reasonable assurance our transactions are recorded as necessary to permit preparation of our financial statements in accordance with GAAP, and that receipts and expenditures are being made only in accordance with authorizations of our management and directors; and
Provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of our assets that could have a material effect on the financial statement.
Our management, including our CEO and CFO, does not expect that our disclosure controls and internal controls will prevent all errors and all fraud. A control system, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives of the control system are met. Further, the design of a control system must reflect the fact that there are resource constraints, and the benefits of controls must be considered relative to their costs. Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. It should be noted that any system of internal control, however well designed and operated, can provide only reasonable and not absolute assurance that the objectives of the system will be met. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.
The design of any system of controls also is based in part upon certain assumptions about the likelihood of future events, and there can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions; over time, controls may become inadequate because of changes in conditions, or the degree of compliance with the policies or procedures may deteriorate. Because of the inherent limitations in a cost-effective control system, misstatements due to error or fraud may still occur.
There have been no changes in the CompanyÂ’s internal controls over financial reporting that have materially affected, or are reasonably likely to materially affect, the CompanyÂ’s internal controls over financial reporting.
something I overlooked the first time on 10Q: other discounted shares they gave out in orignal 10Q
Common Stock Issuances
In November 2011, the Company issued $100,000 in convertible notes to seven investors. The notes convert at a discount equal to 50% of the average of the lowest three trading prices per share of the CompanyÂ’s common stock for the ten (10) trading days immediately preceding the date of conversion. Accordingly, in November 2011, upon the Company receiving Conversion Notices on the $100,000 convertible notes from the noteholders, the Company issued 146,853,147 shares of restricted common stock.
In November 2011, the Company issued 31,044,776 shares of common stock upon the conversion of $20,000 of the 2011 Convertible Notes and $800 of accrued and unpaid interest.
On November 15, 2011 the Company issued 40,000,000 shares of common stock upon the conversion of $30,000 of the 2007 Debentures. The shares were issued at an average conversion price of $0.00075 per share.
Management performed an evaluation of the CompanyÂ’s activity through the date these financials were issued to determine if they must be reported. The Management of the Company determined that there were no other reportable subsequent events to be disclosed
MORE 50% DISCOUNTED SHARES AT THE TIME OF SHARES. i WAS RIGHT. SHOULD HAVE LISTENED.
------
ORIGINAL:
Shares issued for conversion of subordinated debentures and accrued interest
From September 2, 2011 through October 31, 2011 the Company issued 124,320,512 shares of common stock upon the conversion of $88,000 of debentures and $10,336 of unpaid interest on the debentures. The shares were issued at approximately $0.0008 per share.
Shares issued for conversion of Series A Preferred Stock
On September 6, 2011 the Company issued 32,894,167 shares of common stock upon the conversion of $39,473 shares of Series A Preferred Stock. Pursuant to the Certificate of Designation of the Preferred Stock, as amended, the shares were issued at approximately $0.0012 per share.
Other issuance of shares of common stock
On October 20, 2011, the Company issued 76,677,667 shares of common stock pursuant to Debt Settlement and Release Agreements in exchange for the cancellation of $43,007 of accounts payable. The shares were issued at approximately $0.0006 per share.
it's the last one revised and not a new one.
Ask if they have had to pay people with discounted new shares in the fourth quarter and now into the O/S to try and pay off there almost 2 Million in debt since March 2011. No 19 Million in revenues in last 10Q only 2 Million in losses.
i warned this board a long time ago. oh well!
Or company dumping more shares into the O/S. Which is what has been going on before to bring the PPS to the levels it has been at for the past month
Laughable! They also didnt have any where near, i mean even close, i mean in the same solar system of 5.8 Billion Common Shares Outstanding then either.
was that in the accounts receivable? I cant find it in the financials
The Company had a working capital deficit of approximately $1,492,000 at October 31, 2011. Additionally, the Company to date has generated minimal revenues. Accordingly, the Company has no ready source of working capital. These factors raise substantial doubt about the Company's ability to continue as a going concern. The consolidated financial statements do not include any adjustments relating to the recoverability and classification of assets or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. While management believes the Company may be able to raise funds through the issuance of debt or equity instruments, there is no assurance the Company will be able to raise sufficient funds to operate in the future. The debt financing may include loans from our officers and directors. Although our balance sheet includes current liabilities of approximately $1,605,000, a portion of this amount are in the form of a derivative liability of $269,849 and convertible notes and debentures of $497,347. These amounts, plus other related party loans of approximately $106,000 and accrued and unpaid interest may be converted to common stock (ie dilution), thereby reducing considerably our debt service obligations. Nevertheless, we will be required to raise funds in order to fund our operations and costs associated with being a public company.
On September 1, 2011 the Company completed the acquisition of 100% of the common stock of SurgLine. Pursuant to the terms of the Share Exchange Agreement (see above) SurgLine became a wholly owned subsidiary of China Nuvo. We will require additional capital for general corporate working capital to fund our day-to-day operations of SurgLine. We presently believe the source of funds will primarily consist of debt financing, which may include debt instruments that may include loans from our officers or directors, or the sale of our equity securities in private placements or other equity offerings or instruments.
10Q, Dec 2011
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facts dont matter here! LMAO
From September 2, 2011 through October 31, 2011 the Company issued 124,320,512 shares of common stock upon the conversion of $88,000 of debentures and $10,336 of unpaid interest on the debentures. The shares were issued at approximately $0.0008 per share.
---
Shares issued for conversion of Series A Preferred Stock
On September 6, 2011 the Company issued 32,894,167 shares of common stock upon the conversion of $39,473 shares of Series A Preferred Stock. Pursuant to the Certificate of Designation of the Preferred Stock, as amended, the shares were issued at approximately $0.0012 per share.
--
Other issuance of shares of common stock
On October 20, 2011, the Company issued 76,677,667 shares of common stock pursuant to Debt Settlement and Release Agreements in exchange for the cancellation of $43,007 of accounts payable. The shares were issued at approximately $0.0006 per share.
From 10Q, Dec 20, 2011
--------------------------------------
Look at the PPS they got the stock at above. LMAO
Number of shares of common stock outstanding at December 20, 2011 is 5,881,427,060
Balances, October 31, 2011
5,623,528,697
That's 257,898,363 Shares issued in about a 1-1/2 months. That seems pretty significant to me. I tried to tell you guys. That is plenty to keep the share price in the dumpster.
The figures above are from the 10Q
yes, entire O/S
haha O/S is 5.8 Billion. Look at 10Q
i didnt see any revenues in the 10Q. Please show me the revenues and or accounts receivable
that they are! Sounds familiar doesnt it KLee?
That is what i was trying to point out yesterday. If they paid off debt at reasonable level it may have made some sense. But with all this spending you have to see progress as well otherwise all you have is debt. right now since march they have a debt of 2 Million dollars (from 10Q)
Those are facts that have to be disclosed. Good Grief.
nope it is to continue the game. They change ticker and name and off to the races once again. Look at the history.
yep its always the next filing will be the one until you are left holding the bag. LMAO. ouch my side hurts.
Look at the 10Q. It says no full time employees. LMAO.
Doesnt matter who owns it just the fact that shares are added and you never know when they will release all those shares. 6 months from Sept for most. Getting here.
Definition of 'Dilution'
A reduction in earnings per share of common stock that occurs through the issuance of additional shares or the conversion of convertible securities.
Investopedia explains 'Dilution'
Adding to the number of shares outstanding reduces the value of holdings of existing shareholders.
Read more: http://www.investopedia.com/terms/d/dilution.asp#ixzz1hCQ8vq00
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Definition of 'Outstanding Shares'
Stock currently held by investors, including restricted shares owned by the company's officers and insiders, as well as those held by the public. Shares that have been repurchased by the company are not considered outstanding stock.
Also referred to as "issued and outstanding" if all repurchased shares have been retired.
Investopedia explains 'Outstanding Shares'
This number is shown on a company's balance sheet under the heading "Capital Stock" and is more important than the authorized shares or float. It is used to calculate many metrics, including market capitalization and earnings per share (EPS).
Read more: http://www.investopedia.com/terms/o/outstandingshares.asp#ixzz1hCQJJnGe
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Concentrated ownership of our common stock creates a risk of sudden changes in our common stock price.
The sale by any shareholder of a significant portion of their holdings could have a material adverse effect on the market price of our common stock.
Sales of our currently issued and outstanding stock may become freely tradable pursuant to Rule 144 and may dilute the market for your shares and have a depressive effect on the price of the shares of our common stock.
A substantial majority of the outstanding shares of common stock are “restricted securities” within the meaning of Rule 144 under the Securities Act of 1933, as amended (the “Securities Act”) (“Rule 144”). As restricted shares, these shares may be resold only pursuant to an effective registration statement or under the requirements of Rule 144 or other applicable exemptions from registration under the Securities Act and as required under applicable state securities laws. Rule 144 provides in essence that a non-affiliate who has held restricted securities for a period of at least six months may sell their shares of common stock. Under Rule 144, affiliates who have held restricted securities for a period of at least six months may, under certain conditions, sell every three months, in brokerage transactions, a number of shares that does not exceed the greater of 1% of a company’s outstanding shares of common stock or the average weekly trading volume during the four calendar weeks prior to the sale (the four calendar week rule does not apply to companies quoted on the OTCQB). A sale under Rule 144 or under any other exemption from the Securities Act, if available, or pursuant to subsequent registrations of our shares of common stock, may have a depressive effect upon the price of our shares of common stock in any active market that may develop.
The securities issued in connection with the Share Exchange are restricted securities and may not be transferred in the absence of registration or the availability of a resale exemption.
The shares of common stock being issued in connection with the Share Exchange are being issued in reliance on an exemption from the registration requirements under Section 4(2) of the Securities Act and Regulation D promulgated thereunder or Regulation S. Consequently, these securities will be subject to restrictions on transfer under the Securities Act and may not be transferred in the absence of registration or the availability of a resale exemption. In particular, in the absence of registration, such securities cannot be resold to the public until certain requirements under Rule 144 promulgated under the Securities Act have been satisfied, including certain holding period requirements. As a result, a purchaser who receives any such securities issued in connection with the Share Exchange may be unable to sell such securities at the time or at the price or upon such other terms and conditions as the purchaser desires, and the terms of such sale may be less favorable to the purchaser than might be obtainable in the absence of such limitations and restrictions.
If we issue additional shares or derivative securities in the future, it will result in the dilution of our existing stockholders.
8k , Dec 14, 2011
---------------------------
No full time employees either i believe. LMAO