UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington D.C. 20549

Amendment No. 1
to

FORM 10-QSB

☒	QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.

For the quarterly period ended: February 28, 2007

☐	TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.

For the transition period from __________ to __________.

Commission File Number

001-33090

NOVATION HOLDINGS, INC.

(Exact Name of Registrant as Specified in its Charter)

Florida

46-1420443

(State or Other Jurisdiction of

Incorporation or Organization)

(I.R.S. Employer

Identification Number)

5005 Elbow Drive, Southwest Calgary, Alberta T2S2T6 Canada

(Address of Principal Executive Offices)

(403) 988-2005

(Registrant’s Telephone Number, Including Area Code)

STANFORD MANAGEMENT LTD

(Former name, former address and former fiscal year, if changed since last report)

Check whether the Issuer (1) filed all reports required to be filed by section 13 or 15 (d) of the Exchange Act during the past 12 months (or for a shorter period that Stanford was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. (1) Yes ☒ No ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act) Yes ☐ No ☒

(ISSUER INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE LAST FIVE YEARS)

Not applicable

APPLICABLE ONLY TO CORPORATE ISSUERS

There were 7,469,919,540 shares of the Registrant’s $.001 par value common stock outstanding as of March 24, 2017.

Transitional Small Business Disclosure format (Check one): Yes [ ] No [X]

EXPLANATORY NOTE

Novation Holdings. Inc., a Florida corporation, f/k/a Stanford Management, LTD (the "Company"), is making this Amendment No. 1 to its Quarterly Report Form 10-QSB ("Amendment No. 1 to Form 10-QSB") for the quarterly period ended February 28, 2007, solely to correct a typographical error the Company made when the Company erroneously checked the "Yes" box on the cover of its Quarterly Report on Form 10-QSB for the quarter ended February 28, 2007 (filed with the Securities and Exchange Commission on March 26, 2007), erroneously indicating that the Company was a shell company. In checking the box that the Company is not a shell company in this Amendment No. 1 to Form 10-QSB, the Company confirms that it has not, nor has ever been, a shell company (as defined in Rule 405 of the Securities Act of 1933, as amended, and in Rule 12b-2 of the Securities Exchange Act of 1934, as amended).

This Amendment No. 1 to Form 10-QSB does not reflect events that may have occurred subsequent to the original filing date and does not modify or update in any way disclosures made in the original Form 10-QSB.

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) 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.

	NOVATION Holdings, INC.

Dated March 24, 2017	By:		/s/ Michael Gelmon
			Chief Executive Officer, Chief Financial Officer and Chairman of the Board (Principal Executive and Financial Officer)

/s/ Michael Gelmon		March 24, 2017
Michael Gelmon, Sole Director

Novation Holdings Inc 10-Q/A