Oxford, MS 8/16/2011 (PennyPayDay) – China Nuvo Solar Energy, Inc. (PINK: CNUV) today announced, in a press release, that SurgLine, Inc. and one of its previously announced stocking distributors, OptiMedical Corp. is in the final stages of completing a multi-million dollar order and as a result has revised its forecast to be in excess of $10 million by the end of 2012. CNUV is one of the volume leaders from the smallcap space today with already more than 12 million shares traded and a slight gain.Additionally, the Company is negotiating with other stocking distributors and channel sales agreements with third parties regarding additional sales and distribution of the Company's product line.
Tom Toland, CEO of SurgLine stated, "The stocking distributorship agreement we have in place with OptiMedical Corp. is just one example of how we plan to penetrate the marketplace. They happen to specialize as a trauma product distributor, and we are confident their sales can reach the $10 million plateau. When you combine the upwardly revised OptiMedical forecasted revenues with our other previously announced agreements we believe we are building the foundation for the future of our Company."
SurgLine sources and distributes high quality FDA approved medical and surgical products at discount prices, thereby reducing or eliminating the historical brand premium paid by healthcare providers including acute care hospitals, surgery centers, surgical hospital, self insured employers and insurance companies. SurgLine offers high quality medical and surgical supplies and products at substantial savings utilizing stocking distributors and institutional buyers by sourcing products globally without the historical brand premium and industry markup.
China Nuvo Solar Energy, Inc. is a development stage company that owns unique patent pending solar and photovoltaic related technology.
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