China Nuvo Solar Energy Begins Debt Restructuring

China Nuvo Solar Energy (OTCBB:CNUV)
Today : Monday 10 January 2011
China Nuvo Solar Energy, Inc. (OTCBB: CNUV) announced today that it has begun a restructuring of its debt. At this time, over $500,000 of debt has been converted to common equity. The Company is taking this action to de-leverage the balance sheet in preparation to pursue other business opportunities.

The Company is presently reviewing several potential new business opportunities and is in preliminary discussions, however no agreements have been reached.

China Nuvo Solar Energy, Inc. is a development stage company that owns unique patent pending solar and photovoltaic related technology.

China Nuvo Solar Energy to Seek Other Business Opportunities in Effort to Enhance Stockholder Value

WEST PALM BEACH, Fla.--(BUSINESS WIRE)-- China Nuvo Solar Energy, Inc. (OTCBB: CNUV) announced today that it is exploring new business opportunities and evaluating other strategic options with a view toward increasing shareholder value.
While no contracts or agreements have been signed, the Company intends to investigate any opportunities that may arise with respect to new business ventures either within or without the Company’s current business operations.
China Nuvo Solar Energy, Inc. is a development stage company that owns unique patent pending solar and photovoltaic related technology

New 10Q out Today.

Interesting Paragraph:  Over the next twelve months management will be re-examining its business plan. We do not intend to enter into any additional direct development of our technology. Rather, we plan to become an incubator of the solar technology we currently own and technology that we may acquire in the future. We currently do not have any agreements to acquire any additional technology. In order to acquire additional technology we would either have to raise additional money through equity or debt financing or in the alternative issue shares of our common stock. We intend to study the feasibility of sub-licensing or entering into other types of agreements with third parties, whereby the third party will compensate us by paying a license fee and subsequent royalties. The compensation may be in the form of cash or in the licensee's common stock. Through our established relationships we plan to focus on the identification, acquisition and potential license or resale of renewable and alternative energy technologies.

Licensing fees are Good, Very Good!

Interesting Excerpts from the 10K Filed on 12-15-2009.

We are working to develop, with plans to eventually manufacture and market in conjunction with strategic partners, 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 primary 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 primary 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.

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. In order to do so, we must develop working prototypes that can be readily adapted to larger scale production and manufacturing.

Currently, the Company has begun searching for a U.S.-based technology advisor or chief technology officer to assist the Company with the development of its photovoltaic intellectual property. The Company believes that if the technology can be proven effective utilizing a production ready prototype, it will be able to attract a strategic partner to assist in the development of production and manufacturing activities.

We have identified the solar energy category as extremely promising because of its worldwide commercialization efforts to date. Solar power is a distributed energy technology that uses solar cells to convert the sun's energy to electricity. The major advantage of solar is its abundance for all purposes. Today, the cost of solar power substantially exceeds the cost of power furnished by the electric utility grid. As a result, federal, state and local governmental bodies in many countries, most notably the United States, Japan and Germany, have provided subsidies in the form of cost reductions, tax write-offs and other incentives to end users, distributors, systems integrators and manufacturers of solar power products to promote the use of solar energy in on-grid applications and to reduce dependency on other forms of energy. Nuvo intends to locate and utilize such incentives in the development of its technology, if and when available.

Read more: http://www.faqs.org/sec-filings/091215/CHINA-NUVO-SOLAR-ENERGY-INC_10-K/#ixzz0aFMSONU8

CHINA NUVO SOLAR ENERGY INC Files SEC form 10-K, Annual Report

Link- http://biz.yahoo.com/e/091215/cnuve.ob10-k.html

China Nuvo Solar Energy represents one of the most exciting opportunities trading on the over the counter exchange today. As of now, completely undiscovered by the investment community, this company has revolutionary Green technologies that could bring them potentially millions in revenues. Most small cap investors do not know about this company but this is fast changing, at the beginning of a major run up there is a major publicity campaign in the works and as more and more investors become aware of this hugely undervalued stock the price will skyrocket!CNUV.OB is in the high demand Clean Alternative Energy Sector .Large blocks of this stock are owned by the CEO and several large shareholders, there is very, very little stock available in the public domain.Let’s Recap:China Nuvo Solar Energy has Professional Management, New Patented solar technology and low stock price that can be purchased before the big run-up in price by those in the know.

Invest in CNUV.OB Today!

Awesome Week for the Company’s Shareholders!

It was a very good week for the company with approximately 25 million shares trading hands. For a small cap company this is huge. If you ever wanted to own stock in a company but were afraid of losing your money, you may want to buy this companies stock. Right now you can get shares for pennies without risking much money and your return could be incredible.

Special Thank You to- JanuskieZ, rubo, harold, jan, jaques and all those who have stopped by the nexgensolar blog and left comments.