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SNVHQ Synova Healthcare Group, Inc. featured news, full reports, and detailed charts

Synova Healthcare Group, Inc. (SNVHQ/SNVHQ.PK) Wrap Up:

Synova Healthcare Group, Inc., through its subsidiaries, engages in the development, distribution, marketing, and sale of women?s healthcare products. It offers contraception, vaginal health, menopause management, fertility planning, obstetrics, and personal care products. The company?s products include Today Sponge, a non-hormonal contraceptive device that combines barrier and spermicidal methods to prevent conception; Fem-V, a non-invasive diagnostic test designed to assist women in detecting and diagnosing the presence of elevated vaginal acidity, often indicating a vaginal infection; and MenoCheck and MenocheckPro that are in-home and in-office non-invasive diagnostic tests used to detect and diagnose the onset of menopause. It distributes and sells its products to retail customers through drug stores, grocery stores, and other retail outlets, as well as through medical supply companies. Synova Healthcare Group, Inc. was incorporated in 2003 and is based in Media, Pennsylvania. On December 28, 2007, the voluntary petition of Synova Healthcare Group Inc. for reorganization under Chapter 11 was converted to Chapter 7. It had filed for Chapter 11 on December 18, 2007.
www.synovahealthcare.com
Founded in 2003

Synova Healthcare Group, Inc. (SNVHQ:OTC)

SNVHQ Top Compensated Officers

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Key developments for Synova Healthcare Group, Inc. (SNVHQ)

Synova Healthcare Group Deleted From OTCBB

Synova Healthcare Group, Inc’s Common Stock has been deleted from OTC Bulletin Board effective May 6, 2008, on account of its failure to comply with NASD 6530. The company has been added to Other OTC.

Synova Healthcare Group Inc. will Change its Ticker to SNVHE from SNVH

Effective April 04, 2008, Synova Healthcare Group Inc. will change its OTCBB stock ticker symbol to SNVHE from SNVH.

Synova Healthcare Group Signs Distribution Agreement with Hind Wing

Synova Healthcare Group announced that it would begin distributing and selling its Sponge non-hormonal contraceptive product in Hong Kong and Macau through Hind Wing. Synova expects to begin shipping to Hind Wing before the end of the year.

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SYNOVA HEALTHCARE GROUP INC Financials

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Hiding Money Carries Risks

Billionaire Igor Olenicoff appears to have much in common with less wealthy Americans who have discovered that hiding money overseas can entail risks--beyond the obvious one of discovery by the Internal Revenue Service.The Orange County, Calif., real estate developer is a convicted felon, having pleaded guilty to lying on his federal tax returns when he failed to disclose huge foreign accounts. Olenicoff paid the feds $52 million in back taxes, interest and civil fraud penalties but avoided prison thanks to good lawyering. Now he is cooperating in the criminal investigation of Swiss banking giant UBS AG's (nyse: UBS - news - people ) role in helping thousands of U.S. taxpayers conceal $20 billion in assets in foreign accounts.But if allegations in the amended civil lawsuit he filed this month are to be believed, Olenicoff was not well served by the personal finance professionals engaged to help him. Among the claims in the 74-page complaint, lodged in federal court in Santa Ana, Calif.: Olenicoff's money handlers, led by ex-UBS banker Bradley Birkenfeld, violated conservative investing instructions, bought dodgy stocks that have since collapsed and hid the positions. The suit also charges those around him secretly collected money at his expense, including a $1.4 million finders fee from a tiny public company that ended up with $5 million of Olenicoff's stash. Finally, the filing says some of the defe...
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