UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): September 5, 2008
INOVA TECHNOLOGY, INC.
(Exact name of registrant as specified in its charter)
NEVADA | | 000-27397 | | 98-0204280 |
(STATE OF | | (COMMISSION FILE | | (IRS EMPLOYER |
INCORPORATION) | | NUMBER) | | IDENTIFICATION NO.) |
233 Wilshire Boulevard, Suite 400, Santa Monica, California 90401
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: 800 757 9808
On September 5, 2008, Inova’s Board of Directors resolved to divide the Company’s preferred shares into two series, Series A and Series B. The resolution provides that the number of authorized shares of Preferred Stock, Series B is 1,5000,000 shares and that the Company must redeem the shares within three years of their issuance. The method of redemption is at the Company’s discretion.
The terms of the Preferred Stock, Series B will be filed as a certificate of designation with the Nevada Secretary of State.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
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| Inova Technology, Inc. |
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Date: September 9, 2008 | By: | /s/ Adam Radly |
| Adam Radly |
| Chairman and Chief Executive Officer |