This is the most recent statement released by NVLX in their financial filings.
Why is this stock going up so rapidly?
According to their own report, the stock is virtually worthless.
2 - GOING CONCERN
The Company has not yet established an regular source of revenue sufficient to maintain its operating costs and allow it to continue as a going concern. As of January 31, 2013, the Company had an accumulated deficit of $41,118,934 , incurred a net loss for the period ended January 31, 2013 of $1,270,929 and had negative working capital of $2,186,107 .