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Last $0.08 USD
Change Today 0.00 / 0.00%
Volume 0.0
NOVZ On Other Exchanges
As of 8:10 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

novagen ingenium inc (NOVZ) Snapshot

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01/23/15 - $0.11
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11/14/14 - $0.03
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novagen ingenium inc (NOVZ) Details

Novagen Ingenium Inc. engages in the development and commercialization of low carbon emission engines and other engineering technology solutions in the United States. The company designs, manufactures, and distributes V-Twin engines, custom motorcycles, and related urban clothing under the Renegade brand name. It also develops Novagen Y Engine, a new design engine configuration that utilizes opposing pistons and three angled cylinders. In addition, the company provides motorcycle engineering services and spares parts. Novagen Ingenium Inc. sells its motorcycle products through shop front and workshop facilities. The company was formerly known as Novagen Solar Inc. and changed its name to Novagen Ingenium Inc. in April 2013. Novagen Ingenium Inc. was founded in 2005 and is headquartered in Reno, Nevada.

novagen ingenium inc (NOVZ) Top Compensated Officers

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Executives, Board Directors

novagen ingenium inc (NOVZ) Key Developments

Novagen Ingenium Inc. Announces Board Changes

On March 8, 2015, the Board of Directors of Novagen Ingenium Inc. appointed Dr. Jon N. Leonard, 75, as a director of the company to hold such office until his successor is duly elected and qualified. Since September 2002, Dr. Leonard has been the Chief Executive Officer of and Chairman of the Board for Click Evidence Inc. From September 2002 through to May 2012, Dr. Leonard was variously employed by Raytheon Missile Systems Company as Senior Director of Programs, Advance Programs, and as Director, Counter Terrorism Technology. On March 8, 2015, the Board of Directors of the company appointed Mr. Kenneth R. Grohs, 64, as a director of the company to hold such office until his successor is duly elected and qualified. Since 1983, Mr. Grohs has served as a Director and Senior Design Engineer of Goldenrod Pty Ltd. On March 8, 2015, the Board of Directors of the company appointed Sonny Nugent, 28, as a director of the company to hold such office until his successor is duly elected and qualified. Sonny Nugent has been a director of Renegade Engine Company Pty Ltd. Since 2014, he has also held directorships with Novagen Finance Pty Ltd. and Novagen Precision Engineering Pty Ltd. Since 2013, Mr. Nugent has been a director of Fire From Ice Films Pty Ltd.

Novagen Ingenium Inc. Auditor Raises 'Going Concern' Doubt

Novagen Ingenium Inc. filed its 10-K on Oct 28, 2014 for the period ending Dec 31, 2013. In this report its auditor, Malone & Bailey, PLLC, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Novagen Ingenium Inc. Announces Management Changes

On December 18, 2013, Michael Norton-Smith resigned as a director of Novagen Ingenium Inc., and as its Chief Financial Officer, Treasurer and Secretary. Mr. Norton-Smith advised the company that he was resigning from the foregoing positions for personal reasons and has not expressed any disagreement with the company on any matter relating to the company's operations, policies or practices. On December 19, 2013, the company's board of directors duly appointed Micheal Nugent, the President and Chief Executive Officer of the company, to act as interim Chief Financial Officer until such time as a qualified Chief Financial Officer has been engaged.


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Valuation NOVZ Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 135.3x
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales 114.7x

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