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#11
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WEST PALM BEACH, Fla., Oct. 20, 2011 /PRNewswire/ -- China Nuvo Solar Energy, Inc. (OTCQB: CNUV) today announced that The State of Nevada has approved the Company's requested corporate name change to SurgLine International, Inc. ("SI" or "Parent"). Majority shareholders recently approved and authorized the Board of Directors to change the Company's name. SurgLine, Inc. will remain as a wholly owned subsidiary of the Parent. As a result of the Nevada approval, the Company will file with the appropriate regulatory bodies the name change as well as a new ticker symbol to better reflect the Company's core business. We will announce further details as the process and timing for the new name to be reflected in the markets as well as the new symbol as we go thru the regulatory process. Until then the Company will continue to trade under the symbol CNUV. Mr. Tom Toland, CEO of SurgLine was quoted as saying "This was the logical next step in our corporate development. Changing the parent name to SurgLine International and having SurgLine, Inc. be the wholly owned operating subsidiary, paves the way for other business opportunities and reflects our current strategic plans to build long term shareholder value." |
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#12
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China Nuvo Solar Energy, Inc. Signs Letter of Intent to Acquire Regional Surgical Implant Distributor Distributor has approximately $9 million in annual revenues prnewswire Press Release Source: China Nuvo Solar Energy, Inc. On Thursday November 3, 2011, 7:00 am EDT WEST PALM BEACH, Fla., Nov. 3, 2011 /PRNewswire/ -- China Nuvo Solar Energy, Inc. (OTCQB: CNUV) today announced that it has signed a Non-Binding Letter of Intent ("LOI") to acquire a distributor of surgical implants. Pursuant to the terms of the LOI, the Company has contemplated that upon the anticipated closing of the transaction that the target distribution company would become a new wholly owned subsidiary of CNUV. Mr. Thomas Toland, CEO of SurgLine was quoted as saying, "This target acquisition makes tremendous sense for our Company as we continue to identify distributors with complimentary business strategies which may allow us to further expand our distributorship network while enabling SurgLine to utilize their established relationships with hospitals, surgical centers and physicians. We will continue to identify and search for similar opportunities that fit this criteria and that makes sense for our Company and shareholders." Mr. Toland went on to add, "In addition to the approximately $9 million annual run rate of revenues, this targeted distributor has tremendous market knowledge and experience and this potential acquisition would allow SurgLine to add critical expertise and depth to our management team." Closing of the transaction is subject to customary conditions including, among other things, due diligence, the negotiation and execution of definitive agreements as well as the approval of both company's boards of directors and any necessary stockholder or regulatory approval. About SurgLine, Inc. SurgLine (www.surgline.com) is focused on sourcing and distributing high quality FDA approved surgical product for spine, trauma and sports medicine with anticipated savings that can range from 30% to 50% in real dollars when compared to the competition. Our clients include acute care hospitals, surgery centers and physician owned surgical hospitals. SurgLine's business strategy continues to be focused on reducing or eliminating the historical brand premium. SurgLine offers high quality medical and surgical products at substantial savings utilizing stocking distributors and institutional buyers by sourcing products globally without the historical brand premium and industry markup while passing the savings on to the end user.
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#13
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China Nuvo Solar Energy, Inc. Announces Third-Party Distribution Agreement With Bluewater Surgical, Inc. Stocking Distributor Bluewater Surgical to offer SurgLine's complete product line to end users as alternative to high cost surgical and medical products Press Release Source: China Nuvo Solar Energy, Inc. On Friday November 4, 2011, 7:01 am EDT WEST PALM BEACH, Fla., Nov. 4, 2011 /PRNewswire/ -- China Nuvo Solar Energy, Inc. (OTCQB: CNUV) today announced that SurgLine, Inc. has signed an agreement with Bluewater Surgical, Inc. to a western distributorship. Bluewater surgical plans to offer SurgLine products for spine surgery, sports medicine, trauma surgery and more to acute care hospitals and physician owned surgery centers as an alternative to the high priced medical device providers in the marketplace. Thomas Toland, CEO of SurgLine stated, "Christopher Duey, CEO of Bluewater Surgical has more than 20 years of hospital system related experience. Christopher is focused on providing his clients with high quality, lower cost product offerings that make a real economic impact on the healthcare system. As we see the downward pricing pressures continuing to mount on the hospital sector, we will seek out resellers like Bluewater to offer our value based product offering." Christopher Duey, President of Bluewater, stated, "I have been involved with emerging companies like SurgLine for more than a decade. It has been my experience that SurgLine is poised to bring significant change to the medical device marketplace. Hospitals, Surgery Centers, the Federal Government and commercial insurance payers can no longer tolerate the high prices of implantable devices that have historically been offered to the marketplace that are used every day in operating rooms across the country. Change is coming and we are pleased to be a part of that change process with SurgLine leading the way."
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#14
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China Nuvo Solar Energy, Inc. Subsidiary, SurgLine to Make First Delivery of Surgical Instrument Trays to Denver, Colorado Hospital System Hospital System comprising over 10 facilities is one of Denver, Colorado's largest; Company also addresses shareholder concerns regarding share ownership and dilution Press Release Source: China Nuvo Solar Energy, Inc. On Monday November 7, 2011, 7:01 am EST WEST PALM BEACH, Fla., Nov. 7, 2011 /PRNewswire/ -- China Nuvo Solar Energy, Inc. (OTCQB: CNUV) today announced that its wholly owned subsidiary, SurgLine will deliver its first surgical instrumentation products to one of Denver's largest acute care hospital systems for use by one of its outpatient surgery centers. Mr. Thomas Toland, CEO of SurgLine, was quoted as saying "We are very pleased to be working with Tandem Receivable Solutions and its first hospital client in the Denver marketplace. We believe that this delivery of surgical instruments and implantable products will be a great opportunity for us to showcase our high quality, value priced products in the Denver marketplace. We are confident that this not only will lead to future orders with this particular customer, but gives our Company additional credibility to take advantage of further opportunities in the Midwest." During the past few days the Company has received numerous shareholder inquiries regarding share ownership and dilution. As discussed in the 8K filed on September 8, 2011 all of the shares of common stock issued pursuant to the SurgLine acquisition (equal then to 80% of total shares outstanding) were restricted shares, which are not eligible for sale for six months under Rule 144 and are also subject to 1% volume limitations. The Board of Directors and major shareholders are meeting today to consider a lock-up agreement for an additional period of time as well as other restrictions. The Company believes these measures will align shareholder and management interests in creating the confidence in management's objective of building long term value.
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#15
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.. China Nuvo Solar Energy, Inc. Subsidiary Focused on Building Long-Term Brand Equity in the U.S. Marketplace Management Team Returns From the 26th Annual NASS Meeting. Press Release: China Nuvo Solar Energy, Inc. – 1 hour 14 minutes ago.. . WEST PALM BEACH, Fla. , Nov. 15, 2011 /PRNewswire/ -- China Nuvo Solar Energy, Inc. (OTCQB: CNUV.PK - News) -- The Senior Management Team has returned from the 26th Annual North American Surgical Spine (NASS) Convention in Chicago and reports on its findings. Mr. Thomas Toland , CEO of SurgLine was quoted as saying, "Our Senior Team just returned from attending the 26th Annual NASS convention ( November 2 to November 4 ) and has concluded and affirmed that the traditional surgical spine industry provider is under intense pressure to reduce costs across the board." "SurgLine is well positioned to take advantage of the current market conditions and is in discussions with multiple constituents in the marketplace including third party stocking distributors, insurance company payers and others to leverage the distinct advantages that SurgLine's strategy brings to the savings proposition." Mr. Toland continues, "There is little room in the future for hospitals and surgery centers to pay a premium for brand name products when they can purchase high quality products from us. We are positioning SurgLine to be the product of choice to cost conscious hospitals and surgery centers seeking to reduce their exposure to overpriced product offerings from our competitors." "We are focused on delivering both brand equity while delivering long-term shareholder. Our core company offering is simple. Product, Price and Education, ('PPE') which equates to delivering quality products at affordable pricing and educating Hospitals, Surgery Centers and decision makers on our value proposition in the Operating Rooms for real dollar savings."
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#16
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China Nuvo Solar Energy, Inc./SurgLine Announces New Mobile Marketing Campaign Company receives positive feedback on unique approach to showcase product offerings and double-digit price savings WEST PALM BEACH, Fla. , Dec. 15, 2011 /PRNewswire/ -- China Nuvo Solar Energy, Inc. (OTCQB: CNUV.PK - News) today announced that SurgLine, Inc. has recently conducted its first mobile product fair demonstration day showcasing the Company's medical and surgical instrumentation and products. The product fair was recently held and the Company has received positive feedback from the hospital system and the Third-Party Consulting Company that has been contracted by the hospital System to assist in the hospital's cost savings initiatives. Thomas Toland , CEO of SurgLine stated, "Based on the tremendous response and feedback that we have received from our initial product fair, we plan to immediately implement a mobile product fair demonstration team. The team will be composed of members of our executive management team including our product development personnel accompanied by our supply partners. The emphasis of these product showcases will be to introduce our products including showcasing our PPE Program (Product, Price & Education). "During these product fairs SurgLine will showcase our products to both key opinion leading (KOL's) surgeons and administrative staffs to our surgical spine, trauma, orthopedic surgical instruments and other products while demonstrating the substantial cost savings available to the surgery centers and acute care hospitals. The education aspect of this program is paramount, as it will allow surgery center and hospital staffs to have their own personnel in the operating room, compared to third parties that inevitably results in increased costs to the end-users."
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#17
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.. China Nuvo Solar Energy, Inc. Completes Name Change to SurgLine International, Inc. Company's new ticker symbol SGLN effective January 27, 2012 Press Release: China Nuvo Solar Energy, Inc.; SurgLine International, Inc. WEST PALM BEACH, Fla., Jan. 26, 2012 /PRNewswire/ -- China Nuvo Solar Energy, Inc., (OTCQB: SGLN.PK - News) today announced the company's official name change to SurgLine International, Inc. has been completed and approved by FINRA. The Company will commence trading under the new OTC ticker symbol: SGLN, effective tomorrow, January 27, 2012. SurgLine, Inc. ("SurgLine") remains the wholly owned operating subsidiary of SGLN. Thomas Toland, CEO of SGLN and SurgLine, stated, "We are very pleased that we have concluded being able to change the name of our public entity to SurgLine International, Inc., as it more accurately describes our core business of SurgLine. We also believe that it gives us the proper organizational structure to carry out not only our current plans, but our long term corporate strategy of building shareholder value." 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 SurgLine International, Inc. SurgLine International, Inc. is a holding company that in addition to SurgLine, wholly owns Nuvo Solar Energy, Inc., 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: Thomas Toland 949-698-8485
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#18
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SurgLine International, Inc. First Spinal Implants Used Successfully in Medical Procedure Press Release: SurgLine International, Inc. WEST PALM BEACH, Fla., Feb. 3, 2012 /PRNewswire/ -- SurgLine International, Inc. (OTCQB: SGLN.PK) today announced that its wholly owned subsidiary, SurgLine, Inc. ("SurgLine") supplied its first spinal implants for a spine surgery at the end of January. SurgLine selected Spine and Joint Solutions, Inc. ("SJS") as its distributor for the procedure. SJS is a distributor of spinal implants in the greater Los Angeles healthcare market and currently provides products and services to four healthcare providers in Southern California, working closely with six neurosurgeons and orthopedic surgeons to offer their patients the highest quality medical devices at the lowest possible cost. SJS and the Company are presently working together for it to become a stocking distributor of SurgLine in order to expand their customer base throughout Southern California to all those healthcare providers in need of the highest quality spinal and orthopedic implants at the lowest possible cost. Tristan Tagnipez, President of SJS, stated, "We are very pleased to be able to offer the very highest quality surgical implants available from SurgLine to our network of surgeons and healthcare providers at the lowest possible cost. Everyone involved respected the quality of implants from SurgLine during the very first surgery using SurgLine products. Using SurgLine we can offer a lower cost to our customers when they need competitive pricing because of SurgLine's effort to drive cost from the distribution of medical products. "We believe that working with SurgLine is the key to rapid near term revenue growth for Spine and Joint Solutions as all healthcare providers are seeking to slash their costs of providing care to their patients without sacrificing quality of care. I look forward to becoming a stocking distributor of SurgLine's full spinal implant line of products." Mr. Tom Toland, CEO of SurgLine was quoted as saying, "We are very excited that we can work with distributors such as Spine and Joint Solutions who are concerned with helping surgeons and healthcare providers deliver positive patient outcomes at the lowest possible cost for patient. The future of quality healthcare at the lowest possible cost to the patient depends on distributors working closely with surgeons and providers to lower costs without reducing quality of care. We believe that Spine and Joint Solutions will represent SurgLine in the best possible manner while rapidly growing their base of business due to their key surgeon and provider relationships throughout Southern California."
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