Disclosure Statement Pursuant to the Pink Basic Disclosure Guidelines
NOVATION HOLDINGS, INC
12 Park Mirage Lane
Rancho Mirage, CA 92270
1 (403) 988-2005
mgelmon@telusplanet.net
8200
QuarterlyReport
For the Period Ending: November 30, 2021
(the "Reporting Period")
As of November 30, 2021, the number of shares outstanding of our Common Stock was: 13,254,766,540
As of August 31, 2021, the number of shares outstanding of our Common Stock was: 10,874,145,740
As of August 31, 2021, the number of shares outstanding of our Common Stock was: 10,874,145,740
Indicate by check mark whether the company is a shell company (as defined in Rule 405 of the Securities Act of 1933 and Rule 12b-2 of the Exchange Act of 1934):
Yes: ☒ No: ☐
Indicate by check mark whether the company's shell status has changed since the previous reporting period:
Yes: ☒ No: ☐
Indicate by check mark whether a Change in Control1 of the company has occurred over this reporting period:
Yes: ☐ | No: ☒ |
1 "Change in Control" shall mean any events resulting in:
- Any "person" (as such term is used in Sections 13(d) and 14(d) of the Exchange Act) becoming the "beneficial owner" (as defined in Rule 13d-3 of the Exchange Act), directly or indirectly, of securities of the Company representing fifty percent (50%) or more of the total voting power represented by the Company's then outstanding voting securities;
- The consummation of the sale or disposition by the Company of all or substantially all of the Company's assets;
- A change in the composition of the Board occurring within a two (2)-year period, as a result of which fewer than a majority of the directors are directors immediately prior to such change; or
- The consummation of a merger or consolidation of the Company with any other corporation, other than a merger or consolidation which would result in the voting securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving entity or its parent) at least fifty percent (50%) of the total voting power represented by the voting securities of the Company or such surviving entity or its parent outstanding immediately after such merger or consolidation.
OTC Markets Group Inc. | |
OTC Pink Basic Disclosure Guidelines (v3 February 2021) | Page 1 of 15 |
- Name and address(es) of the issuer and its predecessors (if any)
In answering this item, provide the current name of the issuer any names used by predecessor entities, along with the dates of the name changes.
NOVATION HOLDINGS, INC.
Formerly=Dragon Life Science Holdings, Inc. until 08-2021
Formerly=Novation Holdings, Inc. until 08-2017
Formerly=Allezoe Medical Holdings, Inc. until 11-2012
Formerly=Stanford Management, Ltd. until 2-2011
The state of incorporation or registration of the issuer and of each of its predecessors (if any) during the past five years; Please also include the issuer's current standing in its state of incorporation (e.g. active, default, inactive):
The Company was organized originally under the laws of the State of Delaware as Stanford Management Ltd., on September 24, 1998, and, effective on October 25, 2012, transferred our place of incorporation from Delaware to Florida and changed our corporate name to Novation Holdings, Inc.
Describe any trading suspension orders issued by the SEC concerning the issuer or its predecessors since inception:
None
List any stock split, stock dividend, recapitalization, merger, acquisition, spin-off, or reorganization either currently anticipated or that occurred within the past 12 months:
None
The address(es) of the issuer's principal executive office:
12 Park Mirage Lane
Rancho Mirage, CA 92270
The address(es) of the issuer's principal place of business:
Check box if principal executive office and principal place of business are the same address: ☒
Has the issuer or any of its predecessors been in bankruptcy, receivership, or any similar proceeding in the past five years?
Yes: ☐ | No: ☒ |
If this issuer or any of its predecessors have been the subject of such proceedings, please provide additional details in the space below:
OTC Markets Group Inc. | |
OTC Pink Basic Disclosure Guidelines (v3 February 2021) | Page 2 of 15 |
2) | Security Information | ||
Trading symbol: | NOHO | ||
Exact title and class of securities outstanding: | Common | ||
CUSIP: | 66989U 10 9 | ||
Par or stated value: | .001 | ||
Total shares authorized: | 35,000,000,000as of date: November 30, 2021 | ||
Total shares outstanding: | 13,254,766,540as of date: November 30, 2021 | ||
Number of shares in the Public Float 2: | 7,397,801,784 | as of date: November 30, 2021 | |
Total number of shareholders of record: | 69 | as of date: November 30, 2021 |
All additional class(es) of publicly traded securities (if any):
Trading symbol: | ||||||
Exact title and class of securities outstanding: | Preferred | |||||
CUSIP: | ||||||
Par or stated value: | .001 | |||||
Total shares authorized: | 5,000,000 | as of date: November 30, 2021 | ||||
Total shares outstanding: | 1,000,000 | as of date: November 30, 2021 | ||||
Transfer Agent | ||||||
Name: | Pacific Stock Transfer Company | |||||
Phone: | (702) 361-3033 | |||||
Email: | Paul Bednar <_paul40_pacificstocktransfer.com> | |||||
Address: 6725 Via Austi Pkwy, Suite 300 | ||||||
Las Vegas, NV 89119 | ||||||
Is the Transfer Agent registered under the Exchange Act?3 | Yes: ☒ | No: ☐ |
- Issuance History
The goal of this section is to provide disclosure with respect to each event that resulted in any direct changes to the total shares outstanding of any class of the issuer's securities in the past two completed fiscal years and any subsequent interim period.
Disclosure under this item shall include, in chronological order, all offerings and issuances of securities, including debt convertible into equity securities, whether private or public, and all shares, or any other securities or options to acquire such securities, issued for services. Using the tabular format below, please describe these events.
A. Changes to the Number of Outstanding Shares
Check this box to indicate there were no changes to the number of outstanding shares within the past two completed fiscal years and any subsequent periods: ☐
- "Public Float" shall mean the total number of unrestricted shares not held directly or indirectly by an officer, director, any person who is the beneficial owner of more than 10 percent of the total shares outstanding (a "control person"), or any affiliates thereof, or any immediate family members of officers, directors and control persons.
- To be included in the Pink Current Information tier, the transfer agent must be registered under the Exchange Act.
OTC Markets Group Inc. | |
OTC Pink Basic Disclosure Guidelines (v3 February 2021) | Page 3 of 15 |
Shares Outstanding as of Second Most Recent | |
Fiscal Year End: | *Right-click the rows below and select "Insert" to add rows as needed. |
Opening Balance |
Date 08.31.17 | Common: 8,474,145,740 | |||||||||||
Preferred: 1,000,000 | ||||||||||||
Date of | Transaction | Number of | Class of | Value of | Were the | Individual/ Entity | Reason for | Restricted or | Exemption | |||
Transaction | type (e.g. | Shares Issued | Securities | shares | shares | Shares were issued | share | Unrestricted | or | |||
new | (or cancelled) | issued | issued at | to (entities must | issuance | as of this | Registration | |||||
issuance, | ($/per | a discount | have individual with | (e.g. for cash | filing. | Type. | ||||||
cancellation | share) at | to market | voting / investment | or debt | ||||||||
, shares | Issuance | price at | control disclosed). | conversion) | ||||||||
returned to | the time | -OR- | ||||||||||
treasury) | of | Nature of | ||||||||||
issuance? | Services | |||||||||||
(Yes/No) | Provided | |||||||||||
11.09.17 | New | 100,000,000 | Common | .001 | No | TBCF Partners LLC | Debt | Restricted | 144 | |||
Caragol, William | Conversion | |||||||||||
03.02.21 | New | 500,000,000 | Common | .001 | No | Sojourn | Debt | Restricted | 144 | |||
Investments | Conversion | |||||||||||
Casey Jensen | ||||||||||||
04.14.21 | New | 900,000,000 | Common | .001 | No | Sojourn | Debt | Restricted | 144 | |||
Investments | Conversion | |||||||||||
Casey Jensen | ||||||||||||
08.16.23 | New | 900,000,000 | Common | .001 | No | Sojourn | Debt | Restricted | 144 | |||
Investments | Conversion | |||||||||||
Casey Jensen | ||||||||||||
09.03.21 | New | 500,000,000 | Common | .001 | No | Luis Rodriguez | Settlement | Restricted | 144 | |||
Agent for Yaoliu | and Release | |||||||||||
Agreement / | ||||||||||||
Health Technology | Cancelation | |||||||||||
Shenzhen Co. LTD | of Series A | |||||||||||
Preferred | ||||||||||||
09.10.21 | New | 980,620,800 | Common | .0005 | yes | Solar Advisors | Debt | Restricted | 144 | |||
Limited | Conversion | |||||||||||
Andrew Byers | ||||||||||||
10.11.2021 | New | 900,000,000 | Common | .001 | No | Sojourn | Debt | Restricted | 144 | |||
Investments | Conversion | |||||||||||
Casey Jensen | ||||||||||||
Shares Outstanding | on Date of This Report: | |||||||||||
Ending Balance: | Ending | Balance | ||||||||||
Date 11.30.21 | Common: 13,254,766,540 | |||||||||||
Preferred: | 1,000,000 | |||||||||||
OTC Markets Group Inc. | ||||||||||||
OTC Pink Basic Disclosure Guidelines (v3 February 2021) | Page 4 of 15 |
Example: A company with a fiscal year end of December 31st, in addressing this item for its quarter ended September 30, 2020, would include any events that resulted in changes to any class of its outstanding shares from the period beginning on January 1, 2018 through September 30, 2020 pursuant to the tabular format above.
Use the space below to provide any additional details, including footnotes to the table above:
B. Debt Securities, Including Promissory and Convertible Notes
Use the chart and additional space below to list and describe all outstanding promissory notes, convertible notes, convertible debentures, or any other debt instruments that may be converted into a class of the issuer's equity securities.
Check this box if there are no outstanding promissory, convertible notes or debt arrangements: ☐
Date of | Outstanding | Principal | Interest | Maturity | Conversion Terms (e.g. | Name of Noteholder | Reason for |
Note | Balance ($) | Amount | Accrued | Date | pricing mechanism for | (entities must have | Issuance (e.g. |
Issuance | at | ($) | determining conversion of | individual with voting | Loan, Services, | ||
Issuance | instrument to shares) | / investment control | etc.) | ||||
($) | disclosed). | ||||||
08.01.14 | 135,087.15 | 135,087.15 | 78,402 | 08.01.15 | 50% of the lowest closing bid price | Michael Gelmon | Loan |
for the previous twenty (20) | |||||||
consecutive trading days. | |||||||
03.01.16 | 14,000 | 147,500 | 77,466 | 03.01.17 | Lowest of a) 50% of 20 day lowest | Sojourn Investments | Loan |
trading price or b) in the event the | Casey Jensen | ||||||
stock price trades at or below | |||||||
$.0001, conversion price is fixed at | |||||||
$.00005 per share of Common | |||||||
Stock. | |||||||
03.01.17 | 147,500 | 147,500 | 62,716 | 03.01.18 | Lowest of a) 50% of 20 day lowest | Sojourn Investments | Loan |
trading price or b) in the event the | Casey Jensen | ||||||
stock price trades at or below | |||||||
$.0001, conversion price is fixed at | |||||||
$.00005 per share of Common | |||||||
Stock. | |||||||
11.06.17 | 30,000 | 35,000 | 8,561 | 11.06.18 | Lowest of a) 50% of 20 day lowest | TBCF PARTNERS LLC | Loan |
trading price or b) in the event the | CARAGOL, WILLIAM J, JR | ||||||
stock price trades at or below | |||||||
$.0001, conversion price is fixed at | |||||||
$.00005 per share of Common | |||||||
Stock. | |||||||
Use the space below to provide any additional details, including footnotes to the table above:
4) | Financial Statements | |
A. The following financial statements were prepared in accordance with: | ||
☒ U.S. GAAP | ||
☐ IFRS | ||
OTC Markets Group Inc. | ||
OTC Pink Basic Disclosure Guidelines (v3 February 2021) | Page 5 of 15 |
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Novation Holdings Inc. published this content on 14 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 January 2022 01:31:05 UTC.