Replies to post #36776 on Novation Holdings Inc. (NOHO)

[mudcat61820]

https://www.otcmarkets.com/stock/NOHO/news/Novation-Holdings-Inc-Changes-Name-to-Dragon-Life-Science-Holdings-Group-Inc-Files-for-Symbol-Change-with-FINRA?id=169831
Novation Holdings, Inc. Changes Name to
Dragon Life Science Holdings Group, Inc.;
Files for Symbol Change with FINRA
September 14, 2017
OTC Disclosure & News Service
CALGARY, ALBERTA, CANADA, September 14, 2017 -- Novation Holdings, Inc. (OTCPK:NOHO) (“Novation”
or the “Company”) is pleased to announce that it has filed with the Secretary of State of Florida to officially
change its name to Dragon Life Science Holdings Group, Inc. to reflect a recent change in direction of the
Company’s business model. As such, the Company submitted an Issuer Related Action Notification application
with FINRA to notify them of the name change and to request a new symbol that better suits the new name of
the Company. The Company also included within the application notification for a reverse stock split in which
management believes will generate better liquidity and attract additional investors to the Company.
Novation moved on this corporate action as a response to entering into a new business relationship with Yaoliu
Health Technology (Shenzhen) Co., Ltd., a Chinese Company with business focused in US real estate
development & finance, health care, agriculture, nutritional and pharmaceutical distribution, and commercial
training. As a result of the change in the Company’s direction and business model, the financial technology
platform and business operation that was in the process of being developed and intended for launch has been
placed on hold until further notice.
“We are very excited about how things have been progressing over the past few months,” commented Michael
Gelmon, CEO of Novation Holdings, Inc. “It has been a pleasure to have been working closely with the fine
people at Yaoliu Health Technology (Shenzhen) Co., Ltd., and am confident that this new business relationship
will add great value to the Company and its shareholders in the near future.”
The Company intends to commence with an initial six projects which include:
• Plans to acquire and develop real estate properties in the United Stated with emphasis in Assisted
Living and Elderly Care;
• Support a project poised to establish 15,000 Home Care Centers in China;
• Investments in Research & Development for Life Science Nutritional Products;
• Investments in the development of modern agriculture in China;
• Investments in information technology (IT) systems to support global distribution and logistics
platforms of consumer products for industries such as Multilevel Network Marketing and e-Commerce;
and
• Development of an International Business Curriculum to bridge Chinese and American cultural &
business practices.