Why I Brought this $tock?

With skyrocketing energy prices, and the worldwide march for green energy moves forward, solar cell technology is gaining popularity as homeowners and business look for ways to save both mother-nature and a little cash. China Nuvo Solar Energy, Inc. (OTCBB: CNUV) focuses on the development and manufacturing of solar cell technology products, and holds the rights to a technology relating to a multiple stacked solar cell using wave guide transfers.
The company recently announced it has finalized a Collaboration and Development Agreement with Pioneer Materials, Inc. (PMI). Per the agreement, PMI will build equip, operate and manage the product development, testing and manufacturing prototypes of solar energy products for China Nuvo. To carry this out, PMI will use China Nuvo’s equipment and technology which it obtained under a license agreement entitled “Photovoltaic cell with integral light transmitting waveguide in a ceramic sleeve.”
It’s quite a mouthful, but what it means is that China Nuvo will pay PMI monthly to provide the facilities, staffing and other support for one year. According to terms of the agreement, PMI may receive up to 4 million shares of China Nuvo common stock as certain goals and cornerstones are met.