The price is collapsing because of heavy dilution. In fact, NVLX recently issued 17.6 MILLION shares for less than .09/share.
Why would anyone buy or hold at current market when NVLX is diluting like crazy?
Don't take my word for it, see the information below from the NVLX the recent filing with the SEC.
During the quarter ended July 31, 2014, 17,628,000 shares of common stock were issued to fully satisfy all stock payables due in the amount of $1,574,860........