NDEV Acquires New Unit – projected to add $24m Net Income in Year 5
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Dear valued subscribers,
Because of the volatility, many of you aren’t comfortable trading penny/sub-penny plays and we’ve had requests for a higher priced pick.
And so it is that we have found a good one for you. Today, all eyes should be on…
Novus Acquisition & Development Corp (NDEV)
NDEV closed yesterday at $0.28 on very strong volume and gave investors a 30% gain before pulling back. Given the very strong consolidation yesterday, we think there could be a continuation today.
 Generally, when there is strong consolidation it means that buyers and sellers are in equilibrium. Such is the case that any positive influence, be it news or newsletter coverage, could see buying demand increase and therefore an increase in price.
We expect this is the case with NDEV, and that’s why we love it for today.
Aside from the chart, NDEV announced some big news yesterday. You can read the extract below, but the key takeaway from it is that NDEV expect steady positive net income contributions from the new unit they have acquired, forecasting net income of $24m in year 5.
That is simply huge.
Novus Acquires Patented Technology for Retail Distribution of Consumer WaterMIAMI, May 7, 2013 (GLOBE NEWSWIRE) — Novus Acquisition and Development
Corporation (Pink Sheets:NDEV) announced today that it has acquired, as a solely owned subsidiary, Voda Technologies, Inc. as discussed in a recent radio interview with stocktraderstalk.com. Mr. Labrozzi speaks regarding Voda’s science and technology of enhance beverages focused on new and emerging water based processes that create a number of innovative products for both consumer and commercial application. Heading up this division will be Mr. Frank Chessman, a long time retail and beverage executive. The appointment of Mr. Chessman and the acquisition of Voda makes an excellent fit for Novus’ business model and
Voda’s existing product line .
Full story can be read at http://finance.yahoo.com/news/novus-acquires-patented-technology-retail-120000867.html
This acquisition could be very big for NDEV.
Normal false EN-AU MicrosoftInternetExplorer4 Here is some background information on NDEV
 Novus
Acquisition & Development Corp. is a venture firm specializing in early to mid stage investments.. The firm seeks to invest in small to mid size companies which seek capital for expansion or roll up acquisition. We prefer to fully/ partially acquire or hold membership on boards of directors in our portfolio of companies. We have diverse structure in our investments through senior debt, secured and unsecured subordinated debt, mezzanine debt, and equity. Our primary focus is not to run the company but to make sure that there is fiscal responsibility that leads to growth. NDEV’s key services include:
Funding
In today’s environment companies that trade on
Wall Street are in competition with the blue chip companies for the investment dollar, and now, the United States Government has come to the table needing to raise Trillions of investment dollars. Now more than ever it is difficult to raise funds especially in the private sector. We equip you to overcome these obstacle, by developing Acquisitions
We pay particular attention a
company’s financial situation and analyze its funding or acquisition strategy. Make determinations on what avenue to pursue in funding to enhance the equity of the balance sheet, acquire market share and/or consolidation of competitors. Business Development
Novus goal is to help
grow small companies in various stages their development. Some of the reasons why Novus business model have become popular is that they provide permanent capital to their management, allow investments by the general public and use mezzanine financing opportunities. Reorganizations / Debtor in Possession (Bankruptcy Financing)
Our approach is; Crisis Management,: the development of a
renewed business model the adaptation to weak economic conditions, reduction of operating cost, lack of a competitive assessment, burdensome of debt, lack of accounting controls. Every effort and analyses is on the continued existence of the corporation. It may be management realignment, divestment, re assessing the strategic planning, focus on corporate moral, formation of new distribution and/or sales tactics or focus on a target acquisition(s). DIP Financing: We
structure capital infusion that has priority over the secured debtors giving the cash injection of pull out of bankruptcy and back on the path of growth. Public Company Audits
Novus has integrated
funding mechanism to help companies become reporting. Our accounting alliances are PCAOB registered CPA’s. IRS Tax Representation
The selection of a certified public accounting firm is one of the
most important decisions a business can make. We are here to make that decision easier. With offices in Maryland and Florida, Our firm is dedicated to helping your business save money through proven tax strategies.
We think NDEV has a great setup for trading gains tomorrow. We’ll update you later on any developments and further thoughts, but in the meantime, please continue your due diligence at http://www.ndev.biz/index.html
The Team
PennyStockGeneral.com
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