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EXCEL - IDEA: XBRL DOCUMENT - Inova Technology Inc.Financial_Report.xls
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EX-32.1 - EXHIBIT 32.1 - Inova Technology Inc.ex32_1.htm
EX-31.1 - EXHIBIT 31.1 - Inova Technology Inc.ex31_1.htm
EX-32.2 - EXHIBIT 32.2 - Inova Technology Inc.ex32_2.htm
10-Q/A - FOR THE QUARTERLY PERIOD ENDED JULY 31, 2012 - Inova Technology Inc.m91212010q.htm
EX-31.2 - EXHIBIT 31.2 - Inova Technology Inc.ex31_2.htm
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RELATED PARTY TRANSACTIONS
3 Months Ended
Jul. 31, 2012
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS

Note Payable to Southbase, LLC

Loans payable from Southbase, LLC consists of advances from existing shareholders. These notes are unsecured, bear interest at 7%, and are due in May 21, 2017. The amount due to Southbase, LLC, a company related to Adam Radly, was $142,532 as of July 31, 2012.

Desert Sellers

Seller notes with a balance of $1,389,107 relate to the Desert Communications, Inc. (“Desert”) purchase in December of 2007. They have interest rates of 18%, are secured by all of the common stock of Desert Communications, Inc. and were due in December of 2010. The notes are now in default.

Trakkers President

Seller notes with a balance of $300,581, to the president of Trakkers, relate to the Trakkers purchase in 2008. They have interest rates of 7-10%, are secured by all of the member units of Trakkers and were due in 2011. The notes are now in default.