NOVT Corporation Announces New Website Address
May 10 2013 - 11:09AM
Business Wire
NOVT Corporation (Pink Sheets: NVTP) today announced that it has
established a new address for its website: www.novtcorp.net.
The new site hosts all of the information previously available
on the former NOVT website, and serves as the location for current
public information about the Company.
About NOVT Corporation
On March 9, 2006, NOVT completed the sale of substantially all
the assets of its vascular brachytherapy business. NOVT's strategic
plan is to redeploy its existing resources to identify and acquire
new business operations. This strategy may allow NOVT to realize
the benefits of its net operating loss carry-forwards ("NOLs"). At
this time, no candidates have been identified and no assurance can
be given that NOVT will find suitable candidates, and if it does,
that it will be able to utilize its existing NOLs.
NOVT's Certificate of Incorporation limits the ability of any
person or group to acquire 4.75% or more of NOVT's common stock
(subject to certain exceptions as provided in the Certificate of
Incorporation) in order to protect NOVT's ability to utilize its
NOLs and renders inapplicable to NOVT the limitations of Section
203 of the Delaware General Corporation.