Nouveau Life Pharmaceuticals Inc (NOUV)

[friscobound]

MARKET CAP = $132,000,000 at 11.50 cents.

This stock is in dire need of some DD on both the company and on today’s press release. At 11.5 cents a share, the market cap is over $132 million for a company with no revenue and announcing they will be selling a simple nutraceutical supplement. This press release makes it sound so Pharma but all it is saying is they are getting this product formulated and packaged at one on many companies in the US that operates under the standards used by manufacturers of almost everything you would buy in a vitamin store or GNC. There are 152 million common shares O/S and there are 10 million preferred shares O/S that convert to 1 billion common shares. One company owns the preferred shares and 119 million of the common shares.

http://www.otcmarkets.com/financialReportViewer?symbol=HRID&id=67899

<<<<As of September 30, 2011, 10,000,000 Series A shares were authorized. 10,000,000 shares are issued and outstanding>>>>

<<<<Series A Preferred Stock (i) is convertible into one hundred shares of common stock for each share of Series A Preferred Stock converted; (ii) provides the holders with one hundred votes per share held and the right to vote for any purpose that the holders of the Company’s common stock may vote;>>>>

http://www.otcmarkets.com/financialReportViewer?symbol=HRID&id=67900

<<<< AMCT, Inc. owns: 119,000,000 shares of common stock and 10,000,000 share of preferred stock.>>>