Nouveau Life Pharmaceuticals Inc (NOUV)

[Hybrid_Vet]

Thanks for the analysis.

The Pharmaceuticals Generic & Specialty industry consists of companies engaged in the manufacturing and marketing of over the counter and prescription drugs.

As per their press releases, Hybrid Fuels (Nouveau Life Pharmaceuticals) is a manufacturer, developer, marketer and distributor of these types of products. There are other OTC-traded companies under this category which satisfy even less of this criteria.

As for the additional shares left out of the calculations, when and if those shares are ever converted, the current share price generally reflects what’s in the hands of shareholders today. The conservative calculations also include 130 million shares that are still on the shelf.

Scale back the revenue expectations and lower the P/S multiple, if you will, and the current share price is still 15 cents below where it should be.

If in doubt……don’t buy any.