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标题: America Stock NVFY [打印本页]

作者: EarnPocketMoney 时间: 2014-3-8 01:53
标题: America Stock NVFY
Nova Lifestyle.
$8.66 on Mar. 7, 2014

作者: EarnPocketMoney 时间: 2014-3-8 02:00
Nova LifeStyle, Inc. Announces Participation at March Conference and Media Event
PR Newswire Nova LifeStyle, Inc.
4 hours ago

LOS ANGELES, March 7, 2014 /PRNewswire/ -- Nova LifeStyle, Inc. (NVFY), a U.S.-based fast growing, innovative designer and manufacturer of modern LifeStyle furniture, today announced that management will be conducting investor meetings as well as participating in the following events on March 10, 2014:

Wall Street Multimedia, Inc. Conference, from 8:00 a.m. – 11:30 a.m. Eastern at the New York Stock Exchange, New York, NY; and
Live interview by FinancialBuzz.com at 12:15 p.m. Eastern on the Floor of the NASDAQ Exchange, New York, NY.
Representing the Company will be Ms. Tawny Lam, President of Nova LifeStyle, Inc., who will discuss results for the first nine months of fiscal 2013, and provide updates on recent initiatives by the Company aimed at continuing its strong growth.

Ms. Lam stated, "We are excited about the opportunities we see before us and remain focused on executing against our strategic initiatives in order to drive growth through product innovation, developing new channels of distribution and further penetration into existing channels, as well as growth via acquisition."

A copy of the Company's Investor Presentation can be found on its investor relations site at: http://novalifestyle.com/investor-relations

About Nova LifeStyle, Inc.

Nova LifeStyle, Inc., a NASDAQ Global Markets Exchange listed company headquartered in California, is a fast growing, innovative designer and manufacturer of modern LifeStyle furniture; primarily sofas, dining rooms, cabinets, office furniture and related components, bedrooms, and various accessories in matching collections. Nova's products are made in the US, Europe, and Asia and include LifeStyle brands such as Diamond Sofa, Colorful World, Giorgio Mobili, Nova QwiK, and Bright Swallow International. Nova's products feature urban contemporary styles that integrate comfort and functionality incorporating upscale luxury designs appealing to LifeStyle-conscious middle and upper middle-income consumers in the U.S., China, Europe, and elsewhere in the world. To learn more about Nova LifeStyle, Inc., please visit our website at www.NovaLifeStyle.com.

Safe Harbor Statement

All statements in this press release that are not historical are forward-looking statements made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. There can be no assurance that actual results will not differ from the company's expectations. You are cautioned not to place undue reliance on any forward-looking statements in this press release as they reflect Nova's current expectations with respect to future events and are subject to risks and uncertainties that may cause actual results to differ materially from those contemplated. Potential risks and uncertainties include, but are not limited to, the risks described in Nova's filings with the Securities and Exchange Commission.

Investor Contact:

ICR, Inc.
Anne Rakunas
Tel: (310) 954-1113
Anne.Rakunas@icrinc.com

作者: EarnPocketMoney 时间: 2014-3-8 05:28
Closed at $8.77, volume 348657 on Mar. 7, 2014
Avg. Vol. (3 Month) 81145

作者: 陈江挺 时间: 2014-3-8 05:52
这类小股票常常有令人惊喜的回报。但风险也比较大。从图上看，走势不错。

作者: EarnPocketMoney 时间: 2014-3-8 06:26

陈江挺发表于 2014-3-8 05:52 AM
这类小股票常常有令人惊喜的回报。但风险也比较大。从图上看，走势不错。 ...

谢谢陈老师点评这个股。
另外一个MEET，你怎样看。
谢谢。

作者: 陈江挺 时间: 2014-3-8 06:55

EarnPocketMoney 发表于 2014-3-8 06:26 AM
谢谢陈老师点评这个股。
另外一个MEET，你怎样看。
谢谢。

meet的走势也相当好。但meet的股价在$5之下，在美国算penny stock，有规模的投资顾问公司通常不愿碰。

作者: EarnPocketMoney 时间: 2014-3-8 07:04

陈江挺发表于 2014-3-8 06:55 AM
meet的走势也相当好。但meet的股价在$5之下，在美国算penny stock，有规模的投资顾问公司通常不愿碰。 ...

谢谢陈老师，

那以后选股，要选5美元以上的了。

作者: EarnPocketMoney 时间: 2014-3-14 00:46
cut it at $7.44
lost 14.3%

作者: 03k 时间: 2014-3-14 08:04

EarnPocketMoney 发表于 2014-3-8 06:26 AM
谢谢陈老师点评这个股。
另外一个MEET，你怎样看。
谢谢。

你会汉语啊

，希望您帖子翻译成汉语的

作者: EarnPocketMoney 时间: 2014-4-16 22:04
bought it back @ $5.14

作者: EarnPocketMoney 时间: 2014-4-17 00:35
买回它，因为有机构要6.78买它。
见下文。

Form 8-K for NOVA LIFESTYLE, INC.

14-Apr-2014

Entry into a Material Definitive Agreement, Other Events, Financial Statemen

Item 1.01 Entry into a Material Definitive Agreement
On April 14, 2014, Nova LifeStyle, Inc. (the "Company") entered into a Securities Purchase Agreement (the "Purchase Agreement") with certain purchasers identified on the signature pages thereto (the "Buyers") pursuant to which the Company will sell to the Buyers, in a registered direct offering, an aggregate of 1,320,059 shares (the "Shares") of common stock, par value $0.001 per share ("Common Stock"), at a negotiated purchase price of $6.78 per share, for aggregate gross proceeds to the Company of $8,950,000.02, before deducting fees to the placement agent and other estimated offering expenses payable by the Company.

As part of the transaction, the Buyers will also receive (i) Series A warrants to purchase up to 660,030 shares of Common Stock in the aggregate at an exercise price of $8.48 per share (the "Series A Warrants"). ; (ii) Series B warrants to purchase up to 633,628 shares of Common Stock in the aggregate at an exercise price of $6.82 per share (the "Series B Warrants"); and (iii) Series C warrants to purchase up to 310,478 shares of Common Stock in the aggregate at an exercise price of $8.53 per share (the "Series C Warrants" and together with the Series A Warrants and the Series B Warrants, the "Warrants"). The Series A Warrants have a term of four years and are exercisable by the holders at any time after the date of issuance. The Series B Warrants have a term of six months and are exercisable by the holders at any time after the date of issuance. The Series C Warrants have a term of four years and are exercisable by the holders at any time after the date of issuance. After the six month anniversary of the issuance date of the Series C Warrants, to the extent that a holder of Series C Warrant exercises less than 70% of such holder's Series B Warrants and the closing sale price of the Common Stock is equal to or greater than $9.81 for a period of ten consecutive trading days, then the Company may purchase the entire then-remaining portion of such holder's Series C Warrants for $1,000.

The exercise prices and the number of shares issuable upon exercise of each of the Warrants are subject to adjustment upon the occurrence of certain events, including, but not limited to, stock splits or dividends, business combinations, sale of assets, similar recapitalization transactions, or other similar transactions. The exercise prices of each of the Warrants are subject to adjustment in the event that the Company issues or is deemed to issue shares of Common Stock for less than the then applicable exercise prices of each of the Warrants.

The exercisability of the Warrants may be limited if, upon exercise, the holder or any of its affiliates would beneficially own more than 4.9% of the Common Stock.

If, at any time Warrants are outstanding, any fundamental transaction occurs, as described in the Warrants and generally including any consolidation or merger into another corporation, the consummation of a transaction whereby another entity acquires more than 50% of our outstanding voting stock, or the sale of all or substantially all of our assets, the successor entity must assume in writing all of our obligations to the Warrant holders.

Additionally, in the event of a fundamental transaction, each Warrant holder will have the right to require us, or our successor, to repurchase its Warrants for an amount of cash equal to the Black-Scholes value of the remaining unexercised portion of such Warrants.

Per the terms of the Purchase Agreement, the Company has agreed with the Buyers to the following: (i) that subject to certain exceptions, the Company will not, within the 61 days immediately following the closing of this offering, enter into any agreement to issue or announce the issuance or proposed issuance of any securities; (ii) that, until the earlier to occur of (x) the 18 month anniversary of the closing of this offering and (y) the date on which none of the warrants are outstanding, the Company will not enter into an agreement to effect a "Variable Rate Transaction," as that term is defined in the Purchase Agreement; (iii) that if the Company issues securities within the 15 months following the closing of this offering, the Buyers shall have the right to purchase up to 40% of the securities on the same terms, conditions and price provided for in the proposed issuance of securities; and (iv) that subject to certain exceptions, the Company will not, within the 61 days immediately following the closing of this offering, file any registration statements under the Securities Act of 1933, as amended.

The Company also agreed to indemnify each of the Buyers against certain losses resulting from its breach of any representations, warranties or covenants under agreements with each of the Buyers, as well as under certain other circumstances described in the Purchase Agreement.

The Shares, the Warrants and the Common Stock issuable upon exercise of the Warrants are being offered by the Company pursuant to an effective shelf registration statement on Form S-3, which was originally filed with the Securities and Exchange Commission on February 4, 2014, amended on February 20, 2014, and was declared effective on March 7, 2014 (File No. 333-193746).

FT Global Capital, Inc. acted as the exclusive placement agent in connection with this offering. A copy of the placement agent agreement between the Company and the placement agent is attached hereto as Exhibit 10.2 and incorporated herein by reference.

The foregoing summaries of the offering, the securities to be issued in connection therewith, the Purchase Agreement, the Placement Agent Agreement and the form of Warrant do not purport to be complete and are qualified in their entirety by reference to the definitive transaction documents. A copy of the Purchase Agreement is attached hereto as Exhibit 10.1 and is incorporated herein by reference, and copies of the forms of Series A Warrants, Series B Warrants and Series C Warrants are attached hereto as Exhibits 4.1, 4.2 and 4.3, respectively, and are incorporated herein by reference.

Item 8.01 Other Events
On April 11, 2014, the Company issued a press release announcing the offering, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits
(d) Exhibits

Exhibit No. Exhibit Title or Description
4.1          Form of Series A Warrant
4.2          Form of Series B Warrant
4.3          Form of Series C Warrant
10.1          Form of Securities Purchase Agreement
10.2          Placement Agent Agreement
99.1          Press Release

作者: EarnPocketMoney 时间: 2014-4-21 21:41
Nova LifeStyle Announces E-Commerce Platform in China Will Be Supported by the Completion of the Registered Direct Offering on April 17, 2014
PR Newswire Nova LifeStyle, Inc.
1 hour ago

LOS ANGELES, April 21, 2014 /PRNewswire/ -- Nova LifeStyle, Inc. (NASDAQ-GM: 'NVFY'), a U.S.-based fast growing, innovative designer, manufacturer and distributor of modern LifeStyle furniture, is pleased to announce the completion of approximately $8.95 million registered direct placement of common stock and warrants with several institutional investors on April 17, 2014.  The Company sold 1,320,059 shares of common stock to the institutional investors at a price of $6.78 per share.

As part of the transaction, the Company issued to the investors: Series A Warrants for the purchase of up to 660,030 shares of common stock in the aggregate at an exercise price of $8.48 per share, which warrants have a term of 48 months from the date of issuance; Series B warrants for the purchase of up to 633,628 shares of common stock in the aggregate at an exercise price of $6.82 per share, which warrants have a term of 6 months from the date of issuance; and Series C warrants for the purchase of up to 310,478 shares of common stock in the aggregate at an exercise price of $ 8.53 per share which warrants have a term of 48 months from the date of issuance.  Should all of the above warrants be exercised in cash, the Company could potentially raise up to an additional $12,566,774.70 in gross proceeds.

FT Global Capital, Inc. acted as the exclusive placement agent for the transaction and Axiom Capital Management, Inc. acted as advisor.

"We are very pleased to have successfully completed this transaction, and believe the institutional investment community's strong support for this offering is a solid endorsement of our business model," stated Tawny Lam, President of Nova LifeStyle, Inc.  "This transaction not only allows us to further expand our investor base, but also provides sufficient capital that will support our key 2014 growth initiatives of expanding our global distribution and increasing our sales of higher-margin branded products, through our supply agreement with IKEA for China, and HOME CENTRE, LLC. in the Middle East, as well as the development of our E-Commerce Platform targeting the China market.  We expect these initiatives to contribute significantly to both our sales and profitability in fiscal 2014 and fiscal 2015."

For further details of this transaction, please see the Form 8-K A filed with the SEC on April 14, 2014.

About Nova LifeStyle, Inc.

Nova LifeStyle, Inc., a NASDAQ Global Markets Exchange listed company headquartered in California, is a fast growing, innovative designer and manufacturer of modern LifeStyle furniture; primarily sofas, dining rooms, cabinets, office furniture and related components, bedrooms, and various accessories in matching collections. Nova's products are made in the US, Europe, and Asia and include LifeStyle brands such as Diamond Sofa, Colorful World, Giorgio Mobili, Nova QwiK, and Bright Swallow International. Nova's products feature urban contemporary styles that integrate comfort and functionality incorporating upscale luxury designs appealing to LifeStyle-conscious middle and upper middle-income consumers in the U.S., China, Europe, and elsewhere in the world. To learn more about Nova LifeStyle, Inc., please visit our website at www.NovaLifeStyle.com.

Safe Harbor Statement

All statements in this press release that are not historical are forward-looking statements made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. There can be no assurance that actual results will not differ from the company's expectations. You are cautioned not to place undue reliance on any forward-looking statements in this press release as they reflect Nova's current expectations with respect to future events and are subject to risks and uncertainties that may cause actual results to differ materially from those contemplated. Potential risks and uncertainties include, but are not limited to, the risks described in Nova's filings with the Securities and Exchange Commission.

Investor Contact:
ICR, Inc.
Anne Rakunas
Tel: (310) 954-1113
Anne.Rakunas@icrinc.com

作者: Emini-K 时间: 2014-4-22 12:10
If u like to trade penny stocks which are under $5, look for Tim Sykes, he is specialize on penny stocks. But jus remember high reward always come with high risk. Juz my two cents , good trading!

作者: EarnPocketMoney 时间: 2014-4-23 03:12

Emini-K 发表于 2014-4-22 12:10 PM
If u like to trade penny stocks which are under $5, look for Tim Sykes, he is specialize on penny st ...

Thank you very much.

I have a question about NVFY for you.

The institutional investors will buy NVFY at a price of $6.78 per share, but market price is $5.01.
Why does not the institution buy it from market with low price? why will they pay $6.78 for it?

Thank you again.

作者: 路人丁 时间: 2014-4-23 08:03
If you want to buy a large amount of shares, you had better to hire some kind of hedge strategy (This is a little complicated and may be illegal in US, I am not sure).
Basically your buying will affect the market price and price will go up.
Same thing happens when you want to sell a large amount of shares, you should not assume the market will consume all your shares with the same price.

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