CNUV taking SURGLINE is already a 7 figure revenue company, this is good! Those who are in, get ready for the rocketship...
SGLN - SurgLine International Inc (old CNUV) - Page 6
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What is really exciting is that it has been holding decently, anytime CNUV dips a little there are people waiting buying it up in big chunks (millions).
Friday might be a low day unless there is a good PR but, I'm thinking we'll hold mid to high .003's next week, maybe hold at 4's until the end of August as more people find out about CNUV's end of August probable reverse merger completion.
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Stocking Distributor OptiMedical's initial shipment delivered, anticipates additional customers orders for fall delivery for multibillion dollar medical and surgical product industry
WEST PALM BEACH, Fla., Aug. 8, 2011 /PRNewswire/ -- China Nuvo Solar Energy, Inc. (OTCQB: CNUV) today announced that SurgLine, Inc. has delivered their first orders to one of their stocking distributers, OptiMedical Corp. ("OptiMedical") of Simi Valley, California. OptiMedical is a distributor of orthopedic, spine and ENT products selling into hospitals and surgery centers.
Mr. Michael Todd, CEO of OptiMedical stated, "Our customer was very pleased with the whole process from order to delivery. The quality was as promised and approximately 30% less than what they were paying for similar products from other suppliers. OptiMedical is currently at a seven figure annual run rate with this customer and we look forward to finalizing orders with additional end users in the near future for Fall 2011 delivery."
Mr. Tom Toland, CEO of SurgLine was quoted as saying, "As we previously stated, having a relationship with OptiMedical is a tremendous, in the door opportunity, to showcase our products. We believe they will have continued success by transitioning more of their customers and taking advantage of our value-based pricing that does not compromise quality to the end user."
"SurgLine's delivery of these first orders is an important milestone for the Company. We are very appreciative that OptiMedical and their customers for having the confidence in the SurgLine management team to execute this order from start to finish. We look forward to more customers as they begin to learn about the significant financial impact that SurgLine can have on their businesses through our core value proposition of 'More Value for Your Healthcare Dollar™,'" stated Henry Fong, CEO of China Nuvo Solar Energy, Inc.
About SurgLine, Inc.
SurgLine (www.surgline.com) sources and distributes high quality FDA approved medical and surgical products at discount prices, thereby reducing or eliminating the historical brand premium paid by healthcare providers including acute care hospitals, surgery centers, surgical hospitals, self insured employers and insurance companies. SurgLine offers high quality medical and surgical supplies and products at substantial savings utilizing stocking distributors and institutional buyers by sourcing products globally without the historical brand premium and industry markup.
About OptiMedical Corp.
OptiMedical (www.optimedicalcorp.com) is an orthopedic surgical implant supplier for local and regional medical and surgical providers, dealers, brokers and distributors. Their product line includes FDA approved orthopedic surgical implants and devices for orthopedic, spine, and ENT procedures, constituting a broad range of surgical implants, instruments, power surgical tools, and operating room equipment. OptiMedical and their distributors provide precision German engineered products that meet the highest quality standards in the medical industry as well as the required local service to hospitals and surgical centers.
About China Nuvo Solar Energy
China Nuvo Solar Energy, Inc. is a development stage company that owns unique patent pending solar and photovoltaic related technology. The Company is also seeking other business opportunities.
This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company's current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements.
For Further Information Contact:
Henry Fong, President
(561)514-9042
SOURCE China Nuvo Solar Energy, Inc.
MERGER: China Nuvo Solar Completes Acquisition of SurgLine
China Nuvo Solar Energy, Inc. (OTCQB: CNUV) today announced that it has completed the acquisition of 100% of the common stock of SurgLine, Inc. ("SurgLine"). Pursuant to the terms of the Share Exchange Agreement SurgLine will become a wholly owned subsidiary of China Nuvo. The Company will continue to trade under the symbol CNUV. At the appropriate time the Company will seek to change its name and symbol to reflect the business of SurgLine. SurgLine's product lines include trauma, orthopedic, spine and ENT medical and surgical products selling into hospitals and surgery centers. SurgLine, formed earlier this year and in business for a few months already is generating revenues and orders as previously reported.
Mr. Tom Toland, CEO of SurgLine was quoted as saying, "I speak for the entire SurgLine executive team in that we are looking forward to a highly successful business platform with China Nuvo. We appreciate their commitment to assisting in getting this transaction closed in an expeditious manner. We are focused on telling the SurgLine story, of 'More Value for Your Healthcare Dollar' and positioning the company for great success for the future."
Toland continued, "As a company we are committed to reduce healthcare costs while maintaining the quality products that the hospital or surgical center has provided in the past in servicing their patients. We have been extremely satisfied with the response we are getting throughout the healthcare industry as we introduce our medical and surgical products and the impact we can have in containing costs while maintaining quality."
Henry Fong, Chairman of China Nuvo, stated, "We are very pleased to have concluded this transaction. We believe this acquisition made the most sense for our shareholders, as SurgLine is already a revenue generating company. They have assembled a talented management team that has had success in their pasts and built supplier and distributor relationships over their combined 100 years of healthcare industry experience "
About SurgLine, Inc.
SurgLine (www.surgline.com) sources and distributes high quality FDA approved medical and surgical products at discount prices, thereby reducing or eliminating the historical brand premium paid by healthcare providers including acute care hospitals, surgery centers, surgical hospitals, self insured employers and insurance companies. SurgLine offers high quality medical and surgical supplies and products at substantial savings utilizing stocking distributors and institutional buyers by sourcing products globally without the historical brand premium and industry markup.
About China Nuvo Solar Energy
China Nuvo Solar Energy, Inc. is a development stage company that owns unique patent pending solar and photovoltaic related technology. The Company is also seeking other business opportunities.
For Further Information Contact:
Henry Fong, President(561) 514-9042
SOURCE China Nuvo Solar Energy, Inc
CNUV's Extensive Leadership.
CNUV is not being ran by typical penny stock players. This is the start of something much larger. With these type of players that have extensive SUCCESS in the medical industry with other MEDICAL ENDEAVORS, this is not their first ball game.
These people also own a great deal of CNUV stock and i imagine have a very good idea of the success they are capable of.
14.3% Ownership
Thomas Toland, CEO, President and Director and 14.3% shareholder
Mr. Toland started his healthcare career with American Medical International until he resigned in 1986 and entered the accounting and financial management and business development positions with Summit Health Corporation, OrNda Health, and Tenet Healthcare.
http://www.summithealth.com/about_leadership.html
http://www.tenethealth.com/pages/home.aspx
Richard Dutch COO, and 6.1% owner
Formerly, he was the President of Sterling Medical Products, one the nations fasted growing healthcare distributors. Entails 25 years managing over $55m within the acute and non-acute markets, National accounts, GPO's, VISN's (government), Medicare/Medicaid and numerous new product launches. I also have intimate knowledge and experience with 3 healthcare "start-ups," securing venture capital with successful launches, as well as, completing SEC filings to allow public trading. Also 7 years as the President of Sterling Medical Products and 17 years with the 3M Company (Fortune 100, Dow 30)
http://www.sterlingmedicalproducts.com/
MAJOR CONNECTION: (its about who you know!)
My wife, of 25 years, and I enjoy spending time with our son & daughter, as well as, serving on the Board of Directors for Orangewood Children's Foundation.
BOARD MEMBER: Richard W. Perkins.
Mr. Perkins has over 50 years experience in the investment business, has been President and Investment Manager for Perkins Capital Management since October 1994. Perkins Capital Management, with assets under management exceeding $248 million, is a registered investment advisor with significant experience in individual and institutional capital management including working directly with the public markets emphasizing the micro-cap sector. Mr. Perkins is also a director of several public companies including: Synovis Life Technologies, Inc. since 1984, Nortech Systems, Inc. since 1993, Lifecore Biomedical, Inc. since 1972, and Vital Images, Inc. since 1985.
Other Boards Mr. Perkins Sits on PER FILING:
Synovis Life Technologies, Inc. - NASDAQ: SYNO - $16.64 (as of Feb 22, 2011)
Nortech Systems, Inc. - NASDAQ: NSYS - $4.16 (as of Feb 22, 2011)
Vital Images, Inc. - NASDAQ: VTAL $5.15 - (as of Feb 22, 2011)
Beneficial Owner Per 8k - 19.1%
Eric Sui is a health care thought leader in China. He was instrumental in introducing MIS (minimally invasive surgery) best practices into the PRC, and sold China’s first laparscope tower to China’s leadership healthcare unit, PLA Hospital 301. Eric also organized over 200 CME programs in conjunction with the Chinese Ministry of Health and international medical device manufacturers for Chinese surgeons. He is a medical consultant and director of two leading hospitals in China, and in 2009, one of Eric’s companies was voted 7th most trusted medical company in China and one of the top 20 medical brands in China*. Eric’s medical optics manufacturing company is one of the world’s leading manufacturers of specialty surgical optics, and he has an exclusive partnership agreement with the world’s largest radiotherapy company, Varian Medical Systems, to market its Proton System in China.
Eric also has extensive technology, operations and product development with German-based companies. Eric’s German company works with over 100 medical manufacturing customers
ERIC ALSO OWNS A COMPANY CALLED ASIA WEST CAPITAL PARTNERS WHO JUST ON AUG 19TH SIGNED A STRATEGIC ALLIANCE WITH OUR OTHER 19.1% PARTNER MD CAPITAL ADVISORS
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China Nuvo Solar Energy, Inc. Signs Letter of Intent to Acquire Regional Surgical Implant Distributor |
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China Nuvo Solar Energy, Inc. (OTCQB: CNUV) today announced that it has signed a Non-Binding Letter of Intent ("LOI") to acquire a distributor of surgical implants. Pursuant to the terms of the LOI, the Company has contemplated that upon the anticipated closing of the transaction that the target distribution company would become a new wholly owned subsidiary of CNUV. Mr. Thomas Toland, CEO of SurgLine was quoted as saying, "This target acquisition makes tremendous sense for our Company as we continue to identify distributors with complimentary business strategies which may allow us to further expand our distributorship network while enabling SurgLine to utilize their established relationships with hospitals, surgical centers and physicians. We will continue to identify and search for similar opportunities that fit this criteria and that makes sense for our Company and shareholders." Mr. Toland went on to add, "In addition to the approximately $9 million annual run rate of revenues, this targeted distributor has tremendous market knowledge and experience and this potential acquisition would allow SurgLine to add critical expertise and depth to our management team." Closing of the transaction is subject to customary conditions including, among other things, due diligence, the negotiation and execution of definitive agreements as well as the approval of both company's boards of directors and any necessary stockholder or regulatory approval. About SurgLine, Inc. SurgLine (www.surgline.com) is focused on sourcing and distributing high quality FDA approved surgical product for spine, trauma and sports medicine with anticipated savings that can range from 30% to 50% in real dollars when compared to the competition. Our clients include acute care hospitals, surgery centers and physician owned surgical hospitals. SurgLine's business strategy continues to be focused on reducing or eliminating the historical brand premium. SurgLine offers high quality medical and surgical products at substantial savings utilizing stocking distributors and institutional buyers by sourcing products globally without the historical brand premium and industry markup while passing the savings on to the end user. About China Nuvo Solar Energy, Inc. China Nuvo Solar Energy, Inc. is a holding company that in addition to SurgLine, wholly owns Nuvo Solar Energy, Inc., a development stage company that owns unique patent pending solar and photovoltaic related technology. The Company is also seeking other business opportunities. On October 18, 2011 China Nuvo Solar Energy, Inc., amended its articles of incorporation and changed its name to SurgLine International, Inc. The Company is in the process of working with the regulatory bodies to reflect the new name, symbol and Cusip number for quotation on the OTCQB. This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company's current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements. For Further Information Contact:Tom Toland949-698-8485 SOURCE China Nuvo Solar Energy, Inc. |
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SurgLine International, Inc. Chief Executive Officer, Thomas Toland, Exclusive Interview on Stock Traders Talk Radio
SurgLine International, Inc. (SGLN.PK) (the "Company") will be a featured guest in an exclusive live interview tonight, Monday at 8 pm EDT.
The Stock Traders Talk Radio ("STT") exclusive interview will be held on Monday, May 14, 2012 at 8:00pm EDT, and can be heard live at the IHub Auditorium http://www.************.advfn.com/boards/auditorium.aspx. Additionally, our show can be heard live directly from our STT Live Page at http://www.stocktraderstalk.com/live (refresh when show starts). An archived recorded version of the interview can be found and heard on the homepage of STT athttp://www.stocktraderstalk.com indefinitely following the live interview.
This interview will discuss the Company's and its wholly owned subsidiary, SurgLine, Inc. ("SurgLine") achievements to date and its future business plans.
About Stock Traders Talk:
Stock Traders Talk Radio is a centralized portal for investors. We specialize in LIVE radio interviews, and believe that when CEOs have the ability to demonstrate their passion and talking points about their company it serves as the ultimate delivery platform. Press Releases have value; however, they lack the ability for a CEO to connect with shareholders and potential shareholders.
Stock Traders Talk Radio is a comprehensive uncensored approach to analyzing OTC stocks, with additional focuses on penny stocks in play, world markets, SEC and Regulations and interesting ROI opportunities.
Listeners can interact with the show via our main chat room at http://www.stocktraderstalk.com
About SurgLine, Inc.
SurgLine (www.surgline.com) sources and distributes high quality FDA approved medical and surgical products at discount prices, thereby reducing or eliminating the historical brand premium paid by healthcare providers including acute care hospitals, surgery centers, surgical hospital, self-insured employers and insurance companies. SurgLine offers high quality medical and surgical supplies and products at substantial savings utilizing stocking distributors and institutional buyers by sourcing products globally without the historical brand premium and industry markup.
About SurgLine International, Inc.
SurgLine International, Inc. is a holding company that in addition to SurgLine, wholly owns Nuvo Solar Energy, Inc., a development stage company that owns unique patent pending solar and photovoltaic related technology. The Company is also seeking other business opportunities.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Stock Traders TalkMichael Johnson Director of MarketingTel#: 352-586-2524www.stocktraderstalk.com admin@stocktraderstalk.com
For Further information Contact:Thomas Toland949-698-8485
SOURCE SurgLine International, Inc.
- SGLN - SurgLine International Inc (old CNUV)
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