Novo Integrated Sciences Inc (NVOS)

[cm0819]

Downward Stock Pressure Opinion For Consideration...

In the 2011 10k (pp. 51) and in the 1Q12 10Q (pp. 9) under the paragraph titled "Derivative Liability" is a reference to a $42,500 convertible promissory note issued Nov 11, 2011 which matures (principal & interest) August 9, 2012.

Per the 10k and 10q, the "conversion option price associated with the note has a 41 percent discount to the market price of the stock. The market price is based on the average of the three lowest trading prices during a ten day period prior to conversion."

The action of TTEG stock price the last couple weeks has all the earmarks of the note holder manipulating the price down (primarily thru crossing shares or with a market maker in their pocket) so as to be able to convert at the lowest possible price.

From previous experience with these type notes, the conversion is eligible to occur anytime the note holder chooses (after 3 - 6 months) from the date the convertible note is issued.

If I am on target, once the shenanigans are over, the note is completely converted or paid in full and the company announces some sort of better quality funding, then in most all cases this superficial downward pressure usually ricochets back up rapidly.