Novation Holdings Inc. (NOHO)

[Hi_Lo]

All I can say is read the articles posted carefully. Read them twice if necessary - especially the US Trustee's objection to NOHO's deal.

They are complex cases. The US Trustee has objected twice. Once for NOHO's deal and once for NOHO's parent company - Novation Companies' bankruptcy for what their executives are trying to do and trying to do it free of liability.

http://bankruptcompanynews.com/novation-companies-objection-filed-04-26-17/

http://bankruptcompanynews.com/novation-companies-objection-filed-04-25-17/

Also note that Novation Companies (NOHO's parent company) was involved in the 2008 mortgage meltdown and scandal (they got sued left and right) as NovStar Mortgage (look them up).

Novation Companies executives are lucky they didn't go to jail for what they did during the mortgage crisis.

Their past behavior continues today with NOHO's deal and its parents company's bankruptcy.

The compromise mentioned in one of the articles posted was for when they got sued by people who suffered through their dealing with them during the mortgage crisis.

I'm not touching the stock until all this gets resolved and the deadline for NOHO's deal becoming null and void is fast approaching (June 30th).

I do like the deal and hope everything gets resolved but until them, like I said before, I'm not buying NOHO stock. There's a reason why it's at .0001 - 0002. It's a VERY risky play.