Alberta Ltd. 1514768, 10% Owner at NOVAGEN SOLAR INC. (NOVZ), sold 15,738,800 shares at $0.01 ($157K) on 2011-12-07, disclosed to the SEC on 2011-12-09.
Open-market sale of $157k NOVZ by 10% Owner. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Negative factors outweigh the positive ones.