Latest Allezoe Medical Hldg (NOHO) Headlines
Novation Holdings (NOHO) Completes Acquisition of FGLD; Initiates Roll-Up Plan
Marketwire - Tue Dec 17, 8:39AM CST
Novation Holdings (OTCQB: NOHO) today announced that it completed the acquisition of a controlling interest in Focus Gold Corporation (OTCQB: FGLD) the purchase of Series A Convertible Preferred Stock in FGLD with voting power equal to 55 percent of all voting stock of FGLD, for a cash subscription price. With the funds from this acquisition, FGLD has begun to implement its roll-up of accounts receivable management companies and has formed two wholly-owned subsidiaries, Focus Gold Financial Corp., which will focus on the retail collections market, and Focus Gold Commercial Resolution, which will focus on the commercial recovery market. According to Michael Gelmon, CEO of Novation Holdings and the new interim CEO of FGLD: "This acquisition will provide us with the opportunity to expand our market activities through FGLD into a new, high volume cash flow business which currently operates through many small local collection offices and which is ripe for a roll-up strategy. By providing back-office administrative and financial management through our administrative subsidiary, Novation Consulting Services, Inc., we believe we will be able to create an efficient, profitable operation in this large market segment."
Novation Holdings (NOHO) Announces Acquisition of Controlling Interest in FGLD
Marketwire - Tue Nov 19, 11:48AM CST
Novation Holdings (OTCQB: NOHO) today announced that it has agreed to acquire a controlling interest in Focus Gold Corporation (OTCQB: FGLD). NOHO will acquire a convertible preferred stock in FGLD with voting power equal to 55 percent of all voting stock of FGLD for a cash subscription price. According to Michael Gelmon, CEO of Novation Holdings: "This acquisition will continue our acquisition plan to identify growing, profitable businesses which we can acquire and then transfer to existing public companies controlled by us."
Novation Holdings' StarPoint USA subsidiary opens new office in North Carolina
M2 - Wed Oct 30, 5:22AM CDT
StarPoint USA Inc, a vehicle distribution company and a controlled subsidiary of Novation Holdings Inc (OTCQB: NOHO), announced on Tuesday the establishment of an office in Fletcher, North Carolina.
Novation Holdings Subsidiary Establishes Office in North Carolina
Marketwire - Tue Oct 29, 8:28AM CDT
StarPoint USA, Inc., a controlled subsidiary of Novation Holdings, Inc. (OTCQB: NOHO), today announced that it has established an office in North Carolina which will strategically position it to develop vehicle sales opportunities within the State of North Carolina. "Because our company headquarters is located in the Los Angeles area, our new office in Fletcher, North Carolina will give us a great location and access not only to new business opportunities within North Carolina for our portfolio of alternative fuel vehicles, but also to the entire East Coast, including Washington, D.C.," said Ben Rainwater, President of StarPoint USA.
Novation Holdings' Subsidiary Signs Factory Direct Representative Agreement
Marketwire - Wed Oct 23, 7:45AM CDT
Novation Holdings, Inc. (OTCQB: NOHO), today announced that StarPoint USA, Inc., a wholly owned subsidiary of Crown City Pictures, Inc. which is in turn controlled 60 percent by NOHO, has executed a Factory Direct Representative Agreement with GP GreenPower Industries ("GPI"). The Agreement also appoints StarPoint USA as GP GreenPower's Exclusive Authorized Factory Direct Representative for the sale of GP GreenPower's EV350 and EV350-MC buses and other future models, currently for the States of Texas, Oklahoma, New Mexico, Louisiana, Mississippi and Puerto Rico. Additionally, StarPoint USA plans to obtain approval from the U.S. Government Services Administration ("GSA") to sell GPI buses to a wide range of GSA accounts. GPI's EV350-MC is an all-electric 48 passenger bus. GPI's EV350 is an all-electric transit bus incorporating lightweight battery packs providing for a range in excess of 250 kilometers (155 miles). "We are very excited to be working with GP GreenPower in the transit bus space where our vehicle sales and distribution expertise will align closely with their alternative fuel, eco-friendly transit buses, luxury motor coaches and other alternative fuel models we are cooperating on to have available in the future," said Ben Rainwater, President & CEO of StarPoint USA.
Novation Holdings (NOHO) Announces Acquisition of Controlling Interest in SNRY
ACCESSWIRE - Tue Jul 02, 8:33AM CDT
Boca Raton, FL, July 2, 2013 - (eTeligis via Accesswire) - Novation Holdings (OTCQB: NOHO) today announced that it has acquired a controlling interest in Solar Energy Initiatives, Inc. (OTCQB: SNRY) in exchange for the stock of HB&G, Inc., parent of HB&G Temecula, Inc., which operates a local-themed, entertainment focused, bar and restaurant in Temecula California. The parent, HB&G, Inc. plans to start additional, local themed entertainment restaurants in Southern California, Arizona, Texas and possibly Florida over the next three years. The acquisition was in exchange for a combination of SNRY common stock and a convertible preferred stock with voting power equal to 51 percent of all voting stock of SNRY. Although originally announced in April, 2013, the final closing and transfer could not be completed until certain open issues with the restaurant's landlord were resolved, which has just been done. According to Michael Gelmon, CEO of Novation Holdings, "This acquisition will allow us to continue our acqui
Novation Holdings (NOHO) Acquires Independent US Auto Distribution Network
ACCESSWIRE - Thu Jun 27, 2:18PM CDT
Boca Raton, FL, June 27, 2013 - (Eteligis via Accesswire) -- Novation Holdings (OTCQB: NOHO) today announced that it has the acquisition of the operating assets of StarPoint U.S.A., Inc. (StarPoint), a Delaware corporation, through its wholly-owned subsidiary, SAC Acquisition Corp. (SAC), a Florida corporation formed for the acquisition. The ownership of SAC has been transferred to Crown City Pictures, Inc. (OTC Pink: CCPI) in exchange for Series A preferred stock having voting power equal to 51 percent of the total voting power of all classes of stock, and is convertible at the election of the holder into 51 percent of the resulting outstanding common stock. Crown City Pictures, Inc., a Delaware corporation whose common shares trade on the OTC Pink markets under the symbol CCPI, is now a controlled subsidiary of NOHO.
Novation Holdings (NOHO) Announces Agreement to Acquire Assets of Independent US Auto Distributor
PR Newswire - Wed May 22, 3:16PM CDT
Novation Holdings (OTCQB: NOHO) today announced that it has entered into an agreement to acquire substantially all of the operating assets of StarPoint U.S.A., Inc. (StarPoint), a Delaware corporation, through its wholly-owned subsidiary, StarPoint Acquisition Corp. (SAC), a Florida corporation formed for the acquisition. The ownership of SAC then will be transferred to Crown City Pictures, Inc. (OTC Pink: CCPI), a controlled subsidiary of NOHO. CCPI is a publicly-traded company with its common shares listed on the Pink Sheets.
Novation Holdings (NOHO) Announces Acquisition of Restaurant Operating Group
PR Newswire - Thu Apr 18, 10:49AM CDT
Novation Holdings (OTCQB:NOHO) today announced that it has acquired the operating assets and business of a California-based restaurant development and operating group. The acquired business operates a local-themed, entertainment focused bar and restaurant in Temecula California and plans to start additional, local themed entertainment restaurants in Southern California, Arizona, Texas and possibly Florida over the next three years. The acquisition was in exchange for a combination of NOHO stock, debt and assumption of notes. According to Michael Gelmon, CEO of Novation Holdings, "This acquisition will allow us to continue our acquisition plan to identify growing, profitable businesses which we can acquire and then transfer to existing public companies for a controlling interest. We anticipate having NOHO as the controlling parent of 4 or 5 separate public companies which it will manage through its administrative support division, and the acquisition of this restaurant development operation will lead to
Novation Holdings Announces Sale of Subsidiary
PR Newswire - Wed Feb 06, 9:30AM CST
Novation Holdings (OTCQB:NOHO) today announced that it has sold its controlling interest in SureScreen Medical, Inc., its wholly-owned medical device development subsidiary, to AVM Licensing Corp., the licensor of the HPV virus treatment technology being developed by SureScreen. SureScreen is the holder of the recently granted European patent rights to the technology, although the US Patent application has recently been denied. According to Michael Gelmon, Chairman and CEO of NOHO: "While the technology shows promise for the detection and treatment of the HPV virus, the uncertain patent status in the U.S., the lack of a working prototype and the considerable cost and time anticipated for any further development of this technology, has lead us to the conclusion that we can better use our resources for the acquisition of other operations that are already producing revenues and cash flow, and for the development of our other existing subsidiaries."
Novation Holdings acquires administrative support company
M2 - Tue Feb 05, 8:14AM CST
Biomedical company Novation Holdings (OTCBB:NOHO) announced on Monday the acquisition of the operating assets and business of the administrative support company previously retained by it to provide it with financial, administrative, legal, and other 'back-office' support on a consulting basis.
Novation Holdings (NOHO) Announces Acquisition of Administrative Support Operations
PR Newswire - Mon Feb 04, 11:03AM CST
Novation Holdings (OTCQB: NOHO) today announced that it has acquired the operating assets and business of the administrative support company previously retained by the Company to provide it with financial, administrative, legal, and other "back-office" support on a consulting basis. The asset acquisition was for a combination of stock, debt and notes. The administrative support operations will now be managed through a newly-formed subsidiary of the Company, Novation Services, Inc. According to Michael Gelmon, CEO of Novation Holdings: "This acquisition will allow us to fully manage our own administrative operations, as well as to make the same services available on a contract consulting basis to other companies, much as Novation itself did formerly. With our recent acquisition of a controlling interest in Alternative Energy Partners, Inc. (OTCQB: AEGY) and its several operating subsidiaries, as well as our own operating subsidiaries and our planned acquisitions, this new support operation will help to re
Novation Holdings acquires controlling interest in AEGY
M2 - Tue Jan 29, 7:44AM CST
Novation Holdings (OTCBB: NOHO) announced on Monday the acquisition of a controlling interest in Alternative Energy Partners Inc (AEGY) (OTCBB: AEGY), a mining and energy holding company.
Novation Holdings (ALZM) Announces Acquisition of Controlling Interest in AEGY
Marketwire - Mon Jan 28, 9:42AM CST
Novation Holdings (OTCBB: NOHO) today announced that it has acquired a controlling interest in Alternative Energy Partners, Inc., a mining and energy holding company whose common shares are traded on the OTC BB under the symbol AEGY. As a result of the acquisition, Novation now holds 40 million shares of common stock, representing approximately 19 percent of the common shares issued and outstanding, and 1 million shares of Series A Convertible Preferred stock holding voting power equal to 51 percent of the total vote of all shares entitled to vote. AEGY currently has 2 wholly-owned subsidiaries, Clarrix Energy, LLC and SAC Acquisition Corp., and anticipates acquiring a third operating subsidiary shortly, all as previously announced by AEGY.
Novation Holdings (NOHO) Completes Acquisition of FGLD; Initiates Roll-Up Plan
Marketwire - Tue Dec 17, 8:39AM CST
Novation Holdings (OTCQB: NOHO) today announced that it completed the acquisition of a controlling interest in Focus Gold Corporation (OTCQB: FGLD) the purchase of Series A Convertible Preferred Stock in FGLD with voting power equal to 55 percent of all voting stock of FGLD, for a cash subscription price. With the funds from this acquisition, FGLD has begun to implement its roll-up of accounts receivable management companies and has formed two wholly-owned subsidiaries, Focus Gold Financial Corp., which will focus on the retail collections market, and Focus Gold Commercial Resolution, which will focus on the commercial recovery market. According to Michael Gelmon, CEO of Novation Holdings and the new interim CEO of FGLD: "This acquisition will provide us with the opportunity to expand our market activities through FGLD into a new, high volume cash flow business which currently operates through many small local collection offices and which is ripe for a roll-up strategy. By providing back-office administrative and financial management through our administrative subsidiary, Novation Consulting Services, Inc., we believe we will be able to create an efficient, profitable operation in this large market segment."
Novation Holdings (NOHO) Announces Acquisition of Controlling Interest in FGLD
Marketwire - Tue Nov 19, 11:48AM CST
Novation Holdings (OTCQB: NOHO) today announced that it has agreed to acquire a controlling interest in Focus Gold Corporation (OTCQB: FGLD). NOHO will acquire a convertible preferred stock in FGLD with voting power equal to 55 percent of all voting stock of FGLD for a cash subscription price. According to Michael Gelmon, CEO of Novation Holdings: "This acquisition will continue our acquisition plan to identify growing, profitable businesses which we can acquire and then transfer to existing public companies controlled by us."
Novation Holdings' StarPoint USA subsidiary opens new office in North Carolina
M2 - Wed Oct 30, 5:22AM CDT
StarPoint USA Inc, a vehicle distribution company and a controlled subsidiary of Novation Holdings Inc (OTCQB: NOHO), announced on Tuesday the establishment of an office in Fletcher, North Carolina.
Novation Holdings Subsidiary Establishes Office in North Carolina
Marketwire - Tue Oct 29, 8:28AM CDT
StarPoint USA, Inc., a controlled subsidiary of Novation Holdings, Inc. (OTCQB: NOHO), today announced that it has established an office in North Carolina which will strategically position it to develop vehicle sales opportunities within the State of North Carolina. "Because our company headquarters is located in the Los Angeles area, our new office in Fletcher, North Carolina will give us a great location and access not only to new business opportunities within North Carolina for our portfolio of alternative fuel vehicles, but also to the entire East Coast, including Washington, D.C.," said Ben Rainwater, President of StarPoint USA.
Novation Holdings' Subsidiary Signs Factory Direct Representative Agreement
Marketwire - Wed Oct 23, 7:45AM CDT
Novation Holdings, Inc. (OTCQB: NOHO), today announced that StarPoint USA, Inc., a wholly owned subsidiary of Crown City Pictures, Inc. which is in turn controlled 60 percent by NOHO, has executed a Factory Direct Representative Agreement with GP GreenPower Industries ("GPI"). The Agreement also appoints StarPoint USA as GP GreenPower's Exclusive Authorized Factory Direct Representative for the sale of GP GreenPower's EV350 and EV350-MC buses and other future models, currently for the States of Texas, Oklahoma, New Mexico, Louisiana, Mississippi and Puerto Rico. Additionally, StarPoint USA plans to obtain approval from the U.S. Government Services Administration ("GSA") to sell GPI buses to a wide range of GSA accounts. GPI's EV350-MC is an all-electric 48 passenger bus. GPI's EV350 is an all-electric transit bus incorporating lightweight battery packs providing for a range in excess of 250 kilometers (155 miles). "We are very excited to be working with GP GreenPower in the transit bus space where our vehicle sales and distribution expertise will align closely with their alternative fuel, eco-friendly transit buses, luxury motor coaches and other alternative fuel models we are cooperating on to have available in the future," said Ben Rainwater, President & CEO of StarPoint USA.
Novation Holdings (NOHO) Announces Acquisition of Controlling Interest in SNRY
ACCESSWIRE - Tue Jul 02, 8:33AM CDT
Boca Raton, FL, July 2, 2013 - (eTeligis via Accesswire) - Novation Holdings (OTCQB: NOHO) today announced that it has acquired a controlling interest in Solar Energy Initiatives, Inc. (OTCQB: SNRY) in exchange for the stock of HB&G, Inc., parent of HB&G Temecula, Inc., which operates a local-themed, entertainment focused, bar and restaurant in Temecula California. The parent, HB&G, Inc. plans to start additional, local themed entertainment restaurants in Southern California, Arizona, Texas and possibly Florida over the next three years. The acquisition was in exchange for a combination of SNRY common stock and a convertible preferred stock with voting power equal to 51 percent of all voting stock of SNRY. Although originally announced in April, 2013, the final closing and transfer could not be completed until certain open issues with the restaurant's landlord were resolved, which has just been done. According to Michael Gelmon, CEO of Novation Holdings, "This acquisition will allow us to continue our acqui
Novation Holdings (NOHO) Acquires Independent US Auto Distribution Network
ACCESSWIRE - Thu Jun 27, 2:18PM CDT
Boca Raton, FL, June 27, 2013 - (Eteligis via Accesswire) -- Novation Holdings (OTCQB: NOHO) today announced that it has the acquisition of the operating assets of StarPoint U.S.A., Inc. (StarPoint), a Delaware corporation, through its wholly-owned subsidiary, SAC Acquisition Corp. (SAC), a Florida corporation formed for the acquisition. The ownership of SAC has been transferred to Crown City Pictures, Inc. (OTC Pink: CCPI) in exchange for Series A preferred stock having voting power equal to 51 percent of the total voting power of all classes of stock, and is convertible at the election of the holder into 51 percent of the resulting outstanding common stock. Crown City Pictures, Inc., a Delaware corporation whose common shares trade on the OTC Pink markets under the symbol CCPI, is now a controlled subsidiary of NOHO.
Novation Holdings (NOHO) Announces Agreement to Acquire Assets of Independent US Auto Distributor
PR Newswire - Wed May 22, 3:16PM CDT
Novation Holdings (OTCQB: NOHO) today announced that it has entered into an agreement to acquire substantially all of the operating assets of StarPoint U.S.A., Inc. (StarPoint), a Delaware corporation, through its wholly-owned subsidiary, StarPoint Acquisition Corp. (SAC), a Florida corporation formed for the acquisition. The ownership of SAC then will be transferred to Crown City Pictures, Inc. (OTC Pink: CCPI), a controlled subsidiary of NOHO. CCPI is a publicly-traded company with its common shares listed on the Pink Sheets.
Novation Holdings (NOHO) Announces Acquisition of Restaurant Operating Group
PR Newswire - Thu Apr 18, 10:49AM CDT
Novation Holdings (OTCQB:NOHO) today announced that it has acquired the operating assets and business of a California-based restaurant development and operating group. The acquired business operates a local-themed, entertainment focused bar and restaurant in Temecula California and plans to start additional, local themed entertainment restaurants in Southern California, Arizona, Texas and possibly Florida over the next three years. The acquisition was in exchange for a combination of NOHO stock, debt and assumption of notes. According to Michael Gelmon, CEO of Novation Holdings, "This acquisition will allow us to continue our acquisition plan to identify growing, profitable businesses which we can acquire and then transfer to existing public companies for a controlling interest. We anticipate having NOHO as the controlling parent of 4 or 5 separate public companies which it will manage through its administrative support division, and the acquisition of this restaurant development operation will lead to
Novation Holdings Announces Sale of Subsidiary
PR Newswire - Wed Feb 06, 9:30AM CST
Novation Holdings (OTCQB:NOHO) today announced that it has sold its controlling interest in SureScreen Medical, Inc., its wholly-owned medical device development subsidiary, to AVM Licensing Corp., the licensor of the HPV virus treatment technology being developed by SureScreen. SureScreen is the holder of the recently granted European patent rights to the technology, although the US Patent application has recently been denied. According to Michael Gelmon, Chairman and CEO of NOHO: "While the technology shows promise for the detection and treatment of the HPV virus, the uncertain patent status in the U.S., the lack of a working prototype and the considerable cost and time anticipated for any further development of this technology, has lead us to the conclusion that we can better use our resources for the acquisition of other operations that are already producing revenues and cash flow, and for the development of our other existing subsidiaries."
Novation Holdings acquires administrative support company
M2 - Tue Feb 05, 8:14AM CST
Biomedical company Novation Holdings (OTCBB:NOHO) announced on Monday the acquisition of the operating assets and business of the administrative support company previously retained by it to provide it with financial, administrative, legal, and other 'back-office' support on a consulting basis.
Novation Holdings (NOHO) Announces Acquisition of Administrative Support Operations
PR Newswire - Mon Feb 04, 11:03AM CST
Novation Holdings (OTCQB: NOHO) today announced that it has acquired the operating assets and business of the administrative support company previously retained by the Company to provide it with financial, administrative, legal, and other "back-office" support on a consulting basis. The asset acquisition was for a combination of stock, debt and notes. The administrative support operations will now be managed through a newly-formed subsidiary of the Company, Novation Services, Inc. According to Michael Gelmon, CEO of Novation Holdings: "This acquisition will allow us to fully manage our own administrative operations, as well as to make the same services available on a contract consulting basis to other companies, much as Novation itself did formerly. With our recent acquisition of a controlling interest in Alternative Energy Partners, Inc. (OTCQB: AEGY) and its several operating subsidiaries, as well as our own operating subsidiaries and our planned acquisitions, this new support operation will help to re
Novation Holdings acquires controlling interest in AEGY
M2 - Tue Jan 29, 7:44AM CST
Novation Holdings (OTCBB: NOHO) announced on Monday the acquisition of a controlling interest in Alternative Energy Partners Inc (AEGY) (OTCBB: AEGY), a mining and energy holding company.
Novation Holdings (ALZM) Announces Acquisition of Controlling Interest in AEGY
Marketwire - Mon Jan 28, 9:42AM CST
Novation Holdings (OTCBB: NOHO) today announced that it has acquired a controlling interest in Alternative Energy Partners, Inc., a mining and energy holding company whose common shares are traded on the OTC BB under the symbol AEGY. As a result of the acquisition, Novation now holds 40 million shares of common stock, representing approximately 19 percent of the common shares issued and outstanding, and 1 million shares of Series A Convertible Preferred stock holding voting power equal to 51 percent of the total vote of all shares entitled to vote. AEGY currently has 2 wholly-owned subsidiaries, Clarrix Energy, LLC and SAC Acquisition Corp., and anticipates acquiring a third operating subsidiary shortly, all as previously announced by AEGY.
