Novation Holdings Inc. (NOHO)

[Penny Masters]

Both Michael and Corey Gelmon are SCAM artists. Just know who you get in bed with is all I am saying. History is a good tell-tell sometimes of the future. These guys have a ton of history in penny scams is all I am saying.

Michael J. Gelmon has his own ugly past when it comes to penny stocks.

Michael J. Gelmon and his brother, Cory Gelmon, have been connected to some real scammy shells.

But I know you like LINKS , so here's the proof:

Protocall Technologies, Inc (PCLI)

http://investorshub.advfn.com/boards/board.aspx?board_id=8977

Avitar, Inc (AVTI)

http://investorshub.advfn.com/boards/board.aspx?board_id=7644

Epicus Communications Group Inc. (EPCG)

http://investorshub.advfn.com/boards/board.aspx?board_id=6138

Safeguard Security Holdings, Inc (SSHS)

http://investorshub.advfn.com/boards/board.aspx?board_id=1455

PaperFree Medical Solutions, Inc (PFMS)

http://investorshub.advfn.com/boards/board.aspx?board_id=3390

ALL major stinkers trading at almost worthless.

PCLI was another John Jarvis/Claude Eldridge connected shell.

AVTI and PFMS both had a very dirty connection to Corey Ribotsky.

Michael Gelmon and Cory Gelmon are both very close to Corey Ribotsky. Together the three of them formed the NIR Group.

Together in June of 2010, Michael Gelmon, Cory Gelmon, Corey Ribotsky, and Eagle Ridge Capital Corp (an entity controlled by Michael and Cory Gelmon) formed a Cayman Islands based entity called Haverstock Offshore Manager, LLC to use for the type of toxic financing deals that kill publicly traded companies.

http://www.sec.gov/Archives/edgar/data/1450748/000114036110030099/xslFormDX01/primary_doc.xml

The same type of financing that the group did using New Millennium Capital Partners II, LLC, AJW Qualified Partners, LLC, AJW Offshore, Ltd. and AJW Partners, LLC - collectively known as NIR Group.

More on the Gelmon / Ribotsky connections:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59591483

http://investorshub.advfn.com/boards/board.aspx?board_id=11792

Ribotsky is now having to deal with the Feds for his role in NIR Group fraud:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=61365089


Eagle Ridge Capital Corp, an entity controlled by Michael and Cory Gelmon, was named in OSC litigation along with NIR Group in December of 2009 for their role in the stock manipulation of the TSX ticker, ELOC:

http://www.osc.gov.on.ca/en/26565.htm


http://investorshub.advfn.com/boards/read_msg.aspx?message_id=69953015


None of these companies seem to be trading any longer. This was a simple search on Michael Gelmon. Seems he has a history of making every company go bust that he touches in pennyland.