CNUV - WKN:A0MY40 - China Nuvo Solar Energy - Aktie

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China Nuvo Solar Energy - Aktie
WKN: A0MY40 | ISIN: US16942T1034 | TZS
US-Wert auf China getrimmt, Solar $

China Nuvo Solar Energy, Inc. (“CNUV”) is a development-stage company that is designing, with a view toward manufacturing, solar photovoltaic (PV) cell technology products. We own a unique patent pending solar cell technology based on photovoltaic cells with integral light-transmitting wave guides in a ceramic sleeve. The advantage of this technology is that less exposed surface area is required to generate electricity. The light-transmitting particles act as wave guides and allow the sun-exposed conversion area of the solar cell to be shifted readily from horizontal to vertical to capture more sunlight. The ceramic sleeve eliminates the need for expensive vacuum chambers, thereby allowing less expensive materials to be used in solar cell production.

We are developing, with plans to eventually manufacture and market, innovative solar cells and solar power products for a wide range of applications based on our technology that increases light-trapping while enabling a variety of materials to be used. Our technology employs multiple stacked solar cells in a ceramic sleeve that uses nano-particles and crystal wave guides to carry light from the opening down to the last junction in the solar cell. Competitors’ processes that use vacuum chambers (instead of a ceramic sleeve) generally don’t allow for material substitution because of contamination issues. We believe our technology also will allow manufacturers to quickly and economically shift to new materials if a shortage of any one type of material occurs. We believe our technology will offer a flexible, cost-effective solution for increased light-trapping and therefore increased efficiency.

In June 2006, we acquired the exclusive worldwide licensing rights to this solar cell technology from Photovoltaics.com, Inc. and in January 2008 purchased that technology. The technology consists of multi-layer photovoltaic cells incorporating integral light-transmitting materials that act as wave guides in directing light to targeted areas.

To minimize the start-up costs of solar cell manufacturing, we signed an agreement with Pioneer Materials, Inc. (PMI) to establish a pilot production line by building out and modifying PMI’s existing manufacturing facility located in the Chengdu West High Tech Development Zone in Chengdu, Sichuan, China. PMI is a supplier of advanced materials for thin-film photovoltaic processing serving the optical recording market segment. Headquartered in Torrance, California, PMI has manufacturing operations in China and Taiwan.

Per the terms of this agreement, PMI will build, equip, operate and manage this facility, which will develop, test and manufacture prototype photovoltaic cells and related products and equipment based on our technology.

Our business plan is focused on developing cost-effective, highly-efficient, environmentally-friendly solar energy products. We plan to enter into strategic partnerships with companies that can help advance our technology and may also acquire technologies and businesses that will help us implement our business strategy in certain circumstances.

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CNUV - WKN: A0MY40 - China Nuvo Solar Provides Update on Freya Acquisition

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RECENT ACQUISITION ANNOUNCEMENT!
China Nuvo Solar Announces Plans to Acquire Lithium Ion Battery Manufacturer Freya Energy Inc.Business Wire (Wed, Mar 9)
WEST PALM BEACH, Fla.--(BUSINESS WIRE)-- China Nuvo Solar Energy, Inc. (OTCBB: CNUV) today announced plans to acquire lithium ion battery company Freya Energy Inc. (“Freya”). The parties have executed a non-binding Letter of Intent (“LOI”) and are moving toward the signing of a definitive agreement over the next sixty days. Pursuant to the terms of the LOI, China Nuvo Solar would acquire one hundred percent of the outstanding common stock of Freya. Further details of the agreement will be released in the near future. The Company will continue to trade under the stock ticker “CNUV” with Freya becoming a wholly owned subsidiary of the alternative energy parent.
WHO IS FREYA ENERGY?
Freya is a producer of safe large format lithium ion cells and batteries for demanding applications. Freya believes its proprietary separator provides greater safety than competitive products and provides a higher energy density than others on the market.

Freya's technology is protected by patent filings, ready for manufacture and requires no additional research and development. Freya has developed a commercialization plan for rapid market entry. Its personal relationships with known and established customers, positions the company for timely sales in the United States and Europe. Subject to initial funding and satisfactory prototypes, Freya has several million dollars in letters of intent that can be converted to purchase orders.
FREYA ALREADY HAS MILLIONS OF DOLLARS IN ORDERS READY FOR FINAL PROTOTYPES!
"We are very encouraged about the commercialization of our technology, as evidenced by the multi-million dollars in order commitments we have received, subject to the delivery of satisfactory prototypes.”

China Nuvo Solar Energy Aktie ISIN: US16942T1034 | WKN: A0MY40 | Symbol: TZS

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Low Fl.oater - Very Tight and Very explosives Great Stock - My personally Target: 1+ U$ +++
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China Nuvo Solar Engy (QB) (USOTC:CNUV)
Historical Stock Chart
1 Month : June 2011 to July 2011
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China Nuvo Solar Energy, Inc. (OTCQB:CNUV) updated today its progress with the previously announced Freya Energy, Inc. acquisition. Although the current Letter of Intent has expired, the parties are continuing the negotiations for a stock purchase agreement regarding a number of issues, but have not reached agreement on the issues under discussion. In addition, the company has not been able to finalize a term sheet to meet the financing conditions for closing. None of the term sheets presented in final analysis met the previously announced criteria that they be substantially non-dilutive and non-toxic to existing shareholders. The Company continues to seek financing alternatives that would meet these requirements, but can make no assurance that it will be successful in doing so.
About Freya Energy
Freya is a producer of safe large format lithium ion cells and batteries for demanding applications. Freya believes its proprietary separator provides greater safety than competitive products and provides a higher energy density than others on the market.
Freya's technology is protected by patent filings, ready for manufacture without the need for additional research and development. Freya has developed a commercialization plan for rapid market entry. Its personal relationships with known and established customers position the company for timely sales in the United States and Europe. Subject to initial funding and satisfactory prototypes, Freya has millions of dollars in letters of intent that can be converted to purchase orders.
Freya has an experienced management and technical team led by well respected innovators in battery technology.
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's business model includes a roll-up strategy of clean energy companies and intellectual property within the renewable energy sector.
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.


- Current report filing (8-K)
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report Pursuant to Section 13 or
15(d) of the Securities Act of 1934
Date of Report (Date of earliest event reported):
June 28, 2011
CHINA NUVO SOLAR ENERGY, INC.
(Exact Name of Registrant as Specified in Charter)


Nevada 333-48746 87-0567853
(State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.)
319 Clematis Street, Suite 703
West Palm Beach, Florida 33401
(Address of Principal Executive Offices, Zip Code)
Registrant’s telephone number, including area code: (561) 514-9042
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
. Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
. Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
. Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
. Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))



Item 3.03. Material Modification to Rights of Security Holders.
On June 28, 2011, the Company filed a Certificate of Amendment to Certificate of Designations for its Series A Preferred Stock whereby the Company and the holders of the Series A Preferred stock agreed to extend the Mandatory Conversion date for the Series A Preferred Stock to June 28, 2014. Additionally, the Company and the holders of the Series A Preferred Stock amended the Conversion formula, whereby the shares of preferred stock convert to an amount of shares of common stock that are equal to (i) 100% of the Stated Value divided by (ii) 50% of the average of the three lowest day closing bid prices of the Company’s common stock for the 10 trading days immediately preceding the Mandatory Conversion Date (the “Conversion Shares”).
A copy of the Certificate of Amendment to Certificate of Designation of Series A Preferred Stock is attached hereto as Exhibit 3.1, and are incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(a)
Not applicable.
(b)
Not applicable.
(c)
Not applicable.
(d)
Exhibits.


Exhibit Description
3.1 Certificate of Amendment to Designation of Series A Preferred Stock ( filed herewith )
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


CHINA NUVO SOLAR ENERGY, INC.
Date: July 1, 2011 By: /s/ Barry S. Hollander
Barry S. Hollander, Principal Accounting Officer



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DEFINITIVE AGREEMENT SIGNED


China Nuvo Solar Announces Definitive Agreement Signed to Acquire Medical Products company SurgLine, Inc.



RECENT BIG NEWS!!!


China Nuvo Solar Target Acquisition SurgLine Signs Agreement for Sales to U.S. Department of Veterans Affairs (VA)


China Nuvo Solar Target Acquisition SurgLine Announces Third-Party Distribution Agreement With OptiMedical, Corp.

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DEFINITIVE AGREEMENT SIGNED


China Nuvo Solar Announces Definitive Agreement Signed to Acquire Medical Products company SurgLine, Inc.



RECENT BIG NEWS!!!


China Nuvo Solar Target Acquisition SurgLine Signs Agreement for Sales to U.S. Department of Veterans Affairs (VA)


China Nuvo Solar Target Acquisition SurgLine Announces Third-Party Distribution Agreement With OptiMedical, Corp.

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China Nuvo Solar Target Acquisition SurgLine Delivers First Orders to OptiMedical Corp.
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China Nuvo Solar Engy (QB) (USOTC:CNUV)
Intraday Stock Chart
Today : Tuesday 9 August 2011
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.

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CNUV - News $$$$ China Nuvo Solar Target Acquisition SurgLine Updates OptiMedical Corp.'s Sales Forecast in Excess of $10,000,000
China Nuvo Solar Engy (QB) (USOTC:CNUV)
Intraday Stock Chart
Today : Tuesday 16 August 2011
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China Nuvo Solar Energy, Inc. (OTCQB: CNUV) today announced that SurgLine, Inc. ("SurgLine") and one of its previously announced stocking distributors, OptiMedical Corp. ("OptiMedical") is in the final stages of completing a multi-million dollar order and as a result has revised its forecast to be in excess of $10 million by the end of 2012. Additionally, the Company is negotiating with other stocking distributors and channel sales agreements with third parties regarding additional sales and distribution of the Company's product line.
Tom Toland, CEO of SurgLine stated, "The stocking distributorship agreement we have in place with OptiMedical Corp. is just one example of how we plan to penetrate the marketplace. They happen to specialize as a trauma product distributor, and we are confident their sales can reach the $10 million plateau. When you combine the upwardly revised OptiMedical forecasted revenues with our other previously announced agreements we believe we are building the foundation for the future of our Company."
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 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.