Novation Holdings Inc. (NOHO)

[Hi_Lo]

NOHO FACTS

Five recent press releases haven't raised the price.

No future news will raise the price.

Pumper post one liners and have no links besides NOHO press releases of NOHO "plans" that it has no assets to implement.

Here are some links from verifiable sources:

Michael Gelmon is guilty of since he has lost a civil lawsuit for fraud, breach of contract, breach of fiduciary duty and unjust enrichment (among other things) in the past.

http://www.djcl.org/wp-content/uploads/2014/08/Unreported-Cases-Vol.2411.pdf

On November 26, 1996, Leon G. Cairns, Gerald A. Cairns, and Stanley K. Mabbott (the "plaintiffs" or the "Cairns Group") filed this action against Michael J. Gelmon, Lewis Gelmon, Cory Gelmon, and Alvin D. Gelmon (the "Individual defendants" or the "Gelmon Group"). The plaintiffs claim that the Gelmon Group wrongfully caused the Cairns Group to lose their equity in the corporate defendant Instant Vision, Inc. ("Instant Vision"), a Delaware corporation formed by the Gelmon Group.

The Complaint alleges five Counts: (i) breach of contract; (ii) unjust enrichment; (iii) breach of fiduciary duties; (iv) fraud; and (v) violation of 8 Del. C. § 242.1


10 billion shares means a reverse split is most likely and will wipe out shareholders unless NOHO gets suspended first. Plus 10 bollion shares won't allow the price to rise. However, it will allow insiders to dump tens (possibly hundreds) of millions of shares into the hype on this board.

NOHO was deregistered on February 13, 2017 so there will be no quarterly reports coming.

https://www.otcmarkets.com/stock/NOHO/profile

Financial Reporting/Disclosure
Reporting Status
Alternative Reporting Standard
Deregistered a/o Feb 13, 2017

NOHO is a "dilution scam" according to InvestorsHub's own Fraud Research Team.

Posted on April 17, 2017:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=130522827

"Today ALZM still trades as NOHO and is still getting used as a dilution scam"


Other Gelmon scam companies:

CEO Michael J. Gelmon's Epicus Communications Group, Inc. (EPCG) was revoked.

Safeguard Security Holdings, Inc.
Michael J. Gelmon Chairman and President
$0.0001; No Information, Skull & Crossbones

Solar Energy Initiatives, Inc
Michael J. Gelmon CEO
0.0001 x .0002; Stop Sign (No trades since 08/07/2014)
Jan 16, 2014 Alberta Securities Commission - Cease Trade Order

Golden Patriot Corp
Michael J. Gelmon President, Secretary, Treasurer, Director
0.0007; No Information, Skull & Crossbones (No trades since 08/05/2014)
Feb 20, 2014 Alberta Securities Commission - Cease Trade Order

Banyan Corp.
Michael J. Gelmon President, Secretary, Treasurer, Director
0.0001; No Information, Skull & Crossbones
Feb 20, 2014 Alberta Securities Commission - Cease Trade Order

Novation Holdings, Inc. f/k/a Allezoe Medical Holdings, Inc (ALZM)
Michael J. Gelmon CEO
Michael Choo, director
Michael B. Holder, director
No bid x 0.0001
Net loss $3,782,009; past nine months
Jan 15, 2014 Alberta Securities Commission - Cease Trade Order

Focus Gold Corporation
Chairman, CEO, President and Secretary
John F. Burke CFO
0.0001 x 0.0002
Feb 3, 2014 Alberta Securities Commission - Cease Trade Order
Accumulated deficit $23,345,886