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Thanks, ToldYaSo! I did google the grey sheet market and got nothing definitive. Thanks again.
Jude: Can you please post a link to the grey sheet market so me and others can see what's happening? Thanks!
ToldYaSo: Please post the link to the grey sheet market so I and others can see what's happening for ourselves. Thanks.
btexpress: This is an example of the kind a letter a RESPONSIBLE company sends its shareholders! Having said that, where is Toland's letter to us? Is he hiding something? I'm grown, I can handle the truth...just give it to me either way!!!!
Jude: I agree with you that with billions at stake there are many competitors and others who don't want to see SGLI succeed! But, again, you keep hinting there is something coming down the road that will overturn the SEC decision and SGLI will come off the grey sheets and go back on the OTC. Wadda ya know, guy? Inquiring minds want to know!
Luke30: Can you be more forthcoming following that statement?
I see that UTOG is alive and functioning:
http://finance.yahoo.com/q?s=utog
Might this happen with SGLN if certain steps are taken including Toland coming clean with the SEC and us shareholders?
WELLLLLLLLLLLLLLL!
Welllllllll!
Wellllllll!
I hear that same train, Jude! Gonna shock a lotta of folks!
Thank you, Zboricua, for your correct assessment! GO SGLN!
Thank you CallmeBull for your enlightenment!
TEACH, ALGEBRA1!
A clear sign for anyone who has any sense that SGLN is good and has a future is exactly the fact that none of the major owners have sold their shares! I'm not selling either...staying long! GO SGLN!
Thanks algebra1. WILL DO!
Thanks for the update, mm107
Zboricua: WELL!!!!
I see what you see! That's exactly my plan! Thanks.
Teach, Jjdiddy, TEACH!
Outstanding!
Well hello dear fellow investors.
Am back after divorce and a movie drama.
Just wanted to say that the reason I've held on to SGLN is because this stock is about to blow!
Nice to be back!
Mr. Wowza: YOU WERE RIGHT ABOUT CNVU! They've gone big and have plenty of room to get even way larger!:
China Nuvo Solar Completes Acquisition of SurgLine
Medical and surgical products company poised to participate in healthcare cost containment initiatives in multibillion dollar industry
Press Release Source: China Nuvo Solar Energy, Inc. On Tuesday September 6, 2011, 9:15 am EDT
WEST PALM BEACH, Fla., Sept. 6, 2011 /PRNewswire/ -- China Nuvo Solar Energy, Inc. (OTCQB: CNUV) today announced that it has completed the acquisition of 100% of the common stock of SurgLine, Inc. ("SurgLine"). Pursuant to the terms of the Share Exchange Agreement SurgLine will become a wholly owned subsidiary of China Nuvo. The Company will continue to trade under the symbol CNUV. At the appropriate time the Company will seek to change its name and symbol to reflect the business of SurgLine. SurgLine's product lines include trauma, orthopedic, spine and ENT medical and surgical products selling into hospitals and surgery centers. SurgLine, formed earlier this year and in business for a few months already is generating revenues and orders as previously reported.
Mr. Tom Toland, CEO of SurgLine was quoted as saying, "I speak for the entire SurgLine executive team in that we are looking forward to a highly successful business platform with China Nuvo. We appreciate their commitment to assisting in getting this transaction closed in an expeditious manner. We are focused on telling the SurgLine story, of 'More Value for Your Healthcare Dollar' and positioning the company for great success for the future."
Toland continued, "As a company we are committed to reduce healthcare costs while maintaining the quality products that the hospital or surgical center has provided in the past in servicing their patients. We have been extremely satisfied with the response we are getting throughout the healthcare industry as we introduce our medical and surgical products and the impact we can have in containing costs while maintaining quality."
Henry Fong, Chairman of China Nuvo, stated, "We are very pleased to have concluded this transaction. We believe this acquisition made the most sense for our shareholders, as SurgLine is already a revenue generating company. They have assembled a talented management team that has had success in their pasts and built supplier and distributor relationships over their combined 100 years of healthcare industry experience "
About SurgLine, Inc.
SurgLine (www.surgline.com) sources and distributes high quality FDA approved medical and surgical products at discount prices, thereby reducing or eliminating the historical brand premium paid by healthcare providers including acute care hospitals, surgery centers, surgical hospitals, self insured employers and insurance companies. SurgLine offers high quality medical and surgical supplies and products at substantial savings utilizing stocking distributors and institutional buyers by sourcing products globally without the historical brand premium and industry markup.
About China Nuvo Solar Energy
China Nuvo Solar Energy, Inc. is a development stage company that owns unique patent pending solar and photovoltaic related technology. The Company is also seeking other business opportunities.
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:
Henry Fong, President
(561) 514-9042
Hey Money and El Jefe: Also keep your eye on CNUV, which El Jefe predicted would go big. THEY HAVE:
China Nuvo Solar Completes Acquisition of SurgLine
Medical and surgical products company poised to participate in healthcare cost containment initiatives in multibillion dollar industry
Press Release Source: China Nuvo Solar Energy, Inc. On Tuesday September 6, 2011, 9:15 am EDT
WEST PALM BEACH, Fla., Sept. 6, 2011 /PRNewswire/ -- China Nuvo Solar Energy, Inc. (OTCQB: CNUV) today announced that it has completed the acquisition of 100% of the common stock of SurgLine, Inc. ("SurgLine"). Pursuant to the terms of the Share Exchange Agreement SurgLine will become a wholly owned subsidiary of China Nuvo. The Company will continue to trade under the symbol CNUV. At the appropriate time the Company will seek to change its name and symbol to reflect the business of SurgLine. SurgLine's product lines include trauma, orthopedic, spine and ENT medical and surgical products selling into hospitals and surgery centers. SurgLine, formed earlier this year and in business for a few months already is generating revenues and orders as previously reported.
Mr. Tom Toland, CEO of SurgLine was quoted as saying, "I speak for the entire SurgLine executive team in that we are looking forward to a highly successful business platform with China Nuvo. We appreciate their commitment to assisting in getting this transaction closed in an expeditious manner. We are focused on telling the SurgLine story, of 'More Value for Your Healthcare Dollar' and positioning the company for great success for the future."
Toland continued, "As a company we are committed to reduce healthcare costs while maintaining the quality products that the hospital or surgical center has provided in the past in servicing their patients. We have been extremely satisfied with the response we are getting throughout the healthcare industry as we introduce our medical and surgical products and the impact we can have in containing costs while maintaining quality."
Henry Fong, Chairman of China Nuvo, stated, "We are very pleased to have concluded this transaction. We believe this acquisition made the most sense for our shareholders, as SurgLine is already a revenue generating company. They have assembled a talented management team that has had success in their pasts and built supplier and distributor relationships over their combined 100 years of healthcare industry experience "
About SurgLine, Inc.
SurgLine (www.surgline.com) sources and distributes high quality FDA approved medical and surgical products at discount prices, thereby reducing or eliminating the historical brand premium paid by healthcare providers including acute care hospitals, surgery centers, surgical hospitals, self insured employers and insurance companies. SurgLine offers high quality medical and surgical supplies and products at substantial savings utilizing stocking distributors and institutional buyers by sourcing products globally without the historical brand premium and industry markup.
About China Nuvo Solar Energy
China Nuvo Solar Energy, Inc. is a development stage company that owns unique patent pending solar and photovoltaic related technology. The Company is also seeking other business opportunities.
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:
Henry Fong, President
(561) 514-9042
Yes, we west coasters are now INDEED up, Jude, and feeling very vindicated: Despite all the whining and bellyaching, it was clear, at least to this long-time shareholder, that this deal, would hit. I didn't need to - like other shareholders who kill me stating they "own the company" and have a right to put Mr. Fong's feet to the fire for instant answers about company business - call him/bother him because I just rationally figured this deal made sense and Fong knew it!. As a veteran who uses the VA hospital system, I know now the SurgLine is in, this is going to be a longterm financially rewarding relationship.
The reason, BTW, the PPS is not where it should be, is that simply this is a horrible day in the general market. We're UP, and most stocks are down, some way down. So that speaks volumes.
Strap in, folks, remember what we invested in, keep your eyes on the prize, and let's make some money!!!!! GO CNUV
RoDET: Are you suggesting that now that our beloved CNUV has opened a door to the VA with the SurgLine acquisition, that the next step is to push the solar aspect of the company also to the VA? Guy, I'm scare of you!!!!!!!!!! GO CNUV!!
Luke30: I'm 64, so I'm in the boomers group and I concur with everything you say [which is why I own stock in CVS, etc.], however, why did the market not see it your way and went 37% south today?
Luke: This was an excellent move by Fong? OKKKKKKKKK! Explain why to me and to others. When I heard about this I couldn't see the connection, and by the way Wall Street acted today, neither did the market. I lost a lot of cash today as CNUV's pps dropped 37.14%!
I can appreciate that Fong put Freya in the wind because among other things I understand they wanted to dilute the stock. Thank you, Mr. Fong for that.
I also understand Surgline http://www.surgline.com/ is a profitable company [unlike dealing with a company that has or is not making revenue], but what does this have to do with the primary business of CNUV?
Does this mean CNUV will be buying other businesses not related to its primary business to fatten up its portfolio? Inquiring minds want to know.
I'm not planning on divesting...but will just wait and watch the coming days to see where this takes us. Where do you think this is going? Is Wall Street wrong? Is Mr. Fong right? Just asking!
So Fidelity is the way to go? Thanks. GO SFIO!
I tried to transfer my SFIO shares to TD Ameritrade after seeing on this board that they would accept them, however when I went to the TD Ameritrade broker here in Sin City, I was told "NO!". Can you someone clarify which broker will let me take my SFIO share out of ST and move to them? Thanks. GO SFIO!
Hey fink: Since you insisted I check things out, I took a leisurely drive down Sahara Avenue today, to 2300 W. Sahara Avenue, Suite 800. Big tall, elegant building, even houses a major bank on the entire first floor.
Suite 800 is what one would call a post office box office. This company rents their address to a number of businesses who like to have a Vegas address or like the kind corporation laws we have here Nevada. So there is a receptionist, and a number of offices. Yes, of course, they know SFIO or better yet SmokeFree-Innotec. They answer the company's phones, collect the mail, and take messages, like mine for ole George to give me a holler.
That's it, Fink, no factory, no employees stuffing boxes with the latest product, just a mailing address. Oh yes, George doesn't come in there.
Now, before you go off the deep end, I know of other companies, that I have invested in that use this same address. It's just a way of doing legitimate business....factory or production center one place, this mailing address here in Sin City.
Now, how are you going to compensate for the gas I burned? I've been there before, and made this same report to the board. You must have missed it! But, I did it for you ole guy! Now, can I get back in the pool now? It's about 100 degrees today, mild by some standards, but warm enough for a dip. Look me up when you get here, OK? GO SFIO!
OK, jerlegg, you sharing Wong's message or what?
rama1: Yes, I like AFP* too, but my heart is really into CNUV! Go CNUV!
Thanks very much DeadCellShadix!
Yoda - Who's your broker? Since I'm stuck at ST and Fielity don't strike my fancy, always looking for a working broker.
ATOM53: Went to ST today, told of course about the lock, and even though I have no intent of selling [am interested in buying more], was told NO buying or selling, nor could I get my shares in certificate form, nor could I transfer them to another broker because it's a "penny stock" and no one will do that. Also, while the lock is on, my shares are in limbo, neither gaining nor losing in value since Friday. I'll sit tight for this week and see what happens, but to say the least, I am not a happy camper!
subglottic: tell it like it "T-I-S". I have every intention of doing as you suggested. As the Bible says: "This too shall pass." GO SFIO!
Thanks, kcheng.
Lowman: Thanks for your answer. Be advised, I have no intention of selling my SFIO shares tomorrow or anytime soon. I just to be sure that they hold their value while under ST's hold and/or increase in value in normal trade action depending on what happens in the market. Again, thanks. GO SFIO!!!!!!!!!!!!
ELITEYODA: As usual, you answer and teach. Thanks very much. I'll let you know what happens with me and ST tomorrow depending on what happens. Have a 5th on the 4th for me [smile]. GO SFIO!
Thank you, Yoda. If ST won't let my shares be traded - and I have no intention of selling - I will take your advice and on Tuesday demand they give me my certificates for SFIO and I will transfer them to a new brokerage. Another minor question: While ST is holding the shares on block, if the value goes up, will my shares go up or be in limbo and remain at the current price?
Again, thanks very much for the advice.