Shares of the Viagra copycat maker Nouveau Life Pharmaceuticals Inc. (PinkSheets: NOUV) could see high volumes on its penny stock again on Thursday. NOUV stock price gained 3.66% to close under a penny at 0.0085 on extremely low volume in the last trading session. The Company announced minutes after the market close on Wednesday the release of its Azul Instant™ supplement. Nouveau Life Pharmaceuticals, a provider of all-natural dietary supplements, has seen its penny shares drop from as high as 0.14 in February since changing its name from Hybrid Fuels Inc. (HRID).
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NOUV Stock Chart
Market Cap: 7.65M
June 20, 2012 Stats
Avg Trade Size: 21,450
Avg Trade Size: $190.91
a/o Mar 31, 2012
Shares Outstanding: 900M
Nouveau Life’s new release, Azul Instant™, is a virtually instant acting, all-natural, male enhancement supplement for erectile dysfunction which can last up to 48 hours. The Company claims that the product is a doctor-recommended pharmaceutical grade supplement that produces no side effects and promotes a healthy sexual lifestyle. A dose of Azul Instant™ is one capsule. Azul Instant™ is offered on the Nouveau Life online store in a 5-pack and 24-pack for $24.99 or $74.99 respectively. That trip you were planning to Vegas just became $75 more expensive.
About NOUV Stock
Nouveau Life Pharmaceuticals Inc., formerly known as Hybrid Fuels Inc., was incorporated in the state of Nevada in 1998 as Polo Equities. It has been a development stage company ever since with management focused on developing innovative methods to dilute stock, business opportunities and further advancing technologies.
Bottom Line: This penny stock is such a POS, but day traders love it. NOUV has seen trading activity as high as 20million shares traded in recent weeks with the same end result: 5, 10 and 20 Day Percent Change of -10.53%, -39.29% and -81.28%. NOUV stock should be no where near your trading screen tomorrow, Friday, or ever.
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