Shareholder Update From Novus' CEO
20 Giugno 2013 - 1:30PM
Novus Acquisition & Development Corp (OTC Market:NDEV) Novus'
CEO Frank Labrozzi updates shareholders and the investment
community regarding their portfolio companies' performance.
"Labrozzi states that Baroma, Inc. continues to gather interest and
grow."
Baroma an Accountable Care Organizations Now Serve 14% of
Americans: The estimate comes from a 2/13 analysis by the
consulting firm Oliver Wyman, based on the Department of Health and
Human Services' announcement of the latest class of Accountable
Care Organizations (ACOs) approved to participate in Medicare's ACO
programs. The analysis also notes that more than half
of the U.S. population now live in localities served by Accountable
Care Organizations and almost 30 percent live in areas served by
two or more. Oliver Wyman estimates there had been an increase
of 40% since 8/12.
428 total ACOs now existing in 49 states: According to a
blog by David Muhlestein at HealthAffairs.org, the growth has
been substantial, particularly among physicians and hospitals, as
evidenced by the blog's adjacent graphic. At this stage the
company will increase its beneficiary base by 10% per month.
About Novus
Is a merger and acquisition company where its works with newly
acquired companies in branding their products and or services,
advertise and market through all media forums, build distribution
by funding their efforts through investment and organically. We
give our operating companies the resources, services, skills and
experience necessary for success in the public market as well as
growing their business. Novus selects successful companies then
assists these companies with business development and creates
profitability and value for our shareholders. The Company's niche
is small to medium cap companies that seek to enter the equity
markets and want the necessary marketability and deployment of its
capitalization structure and its business model.
Radio Interview;
An interview was held on May 5, 2013; an archived recorded
version can be found on the homepage of Stock Traders Talk at
www.stocktraderstalk.com
Safe Harbor Statement
This release includes forward-looking statements, which are
based on certain assumptions and reflects management's current
expectations. These forward-looking statements are subject to a
number of risks and uncertainties that could cause actual results
or events to differ materially from current expectations. Also any
future declaration of stock dividends either stock or cash is
the sole discretion of management, however any disclosure of stock
dividend in this statement is for the purpose of management
business model, however approval from the Securities Exchange
Commission will made prior to any commitment or delivery of any
dividends. Some of these factors include: general global economic
conditions; general industry and market conditions and growth
rates; uncertainty as to whether our strategies and business plans
will yield the expected benefits; increasing competition;
availability and cost of capital; the ability to identify and
develop and achieve commercial success; the level of expenditures
necessary to maintain and improve the quality of services; changes
in the economy; changes in laws and regulations, includes codes and
standards, intellectual property rights, and tax matters; or other
matters not anticipated; our ability to secure and maintain
strategic relationships and distribution agreements. This includes
performance of Novus' portfolio companies. The Company disclaims
any intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise.
CONTACT: Frank Labrozzi, CEO
Novus Acquisition & Development Corp
14707 S Dixie Highway
Miami, FL 33158
Voice: 305-467-6699
Email: Frank@ndev.biz
Website: www.ndev.biz
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