1. Novation had 20 Million dollars CASH on their balance sheet as of 9/30/2012, and as of 12/31/2012
if stll has more than 11.5 Million, thats more than they had as of December 31, 2011.
2. The best quarters in the last two years for Streetlinks and Advent showed 2.3M net income to NFI from Streetlinks in Q3 of 2011, and 1.9M for Advent in Q1 of 2011. Combined that would be 4.2M, that "if" they were able to generate that every quarter they would make over 16 Million a year. Now that I know they did it once,
I'll leave it up to you to determine if they can do it again.
3 Novation has invested a lot of money buying companies and in technology. Are these companies toys or investments?
4. Some of us who have been following our investment here closely have learned a lot about Novation and its subsidiaries Streetlinks, Advent, Mango Moving , Corvias and most recently Corvisa Cloud and I can tell you that they're NOT figments of someones wild imagination. They're FOR REAL, despite what some would likefor investors to believe.