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by Stockwatch Business Reporter

The TSX Venture Exchange lost 4.27 points to 651.91 Monday. Chris Dobbin's capital pool shell, Nova Leap Health Corp. (NLH), has listed on the TSX-V and will begin trading tomorrow. Richardson GMP Ltd. sold Nova Leap's $350,000 initial public offering of 3.5 million shares at 10 cents. The shell also has another 10 million escrowed shares, which it sold at five cents between November, 2015, and January, 2016. We discussed Nova Leap's escrow shareholders in the Shell Summary for Feb. 9, 2016.

First-time shell-maker Mr. Dobbin is an accountant in Nova Scotia. He is also a director of Earth Angels Living Assistance Inc., a provider of caregiving services for seniors, veterans, chronically ill or housebound patients, and infants. (Unfortunately, the name, Visiting Angels, was already in use, as anybody with a TV knows only too well.) Nova Leap's filings do not specify the industry that it is eyeing for a qualifying transaction, but Mr. Dobbin says the shell is seeking a QT in the home-based health care sector. If Nova Leap is considering Earth Angels Living as a potential QT target, then it might not take long for the shell to graduate. As is the standard for capital pool shells, Nova Leap has 24 months to announce a QT plan. Beyond 24 months, the TSX-V may impose penalties.

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