UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                              Washington D.C. 20549

                                    FORM 10-K


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

                   For the Fiscal year ended December 31, 2008

                         Commission File number 0-15078

                       NOVA NATURAL RESOURCES CORPORATION
                    -----------------------------------------
                 (Name of Small Business Issuer in its charter)





                    Colorado                      84-1227328
                (State or other              (I.R.S. Employer of
          jurisdiction of incorporation         incorporation
              Identification No.)             Identification No.)




             2000 NE 22 nd ST
         Wilton Manors, Fl 33305                         (828) 489-9408
 (Address of principal executive offices)            (issuer' s phone number)


           Securities registered under Section 12(b) of the Act: NONE

                       Securities registered under Section

                               12(g) of the Act:

                          Common Stock, $.10 Par Value



                              --------------------
                                (Title of Class)


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 12months (or for such shorter
period that the registrant was required to file such reports), and (2) has been
subject to such filing requirements for the past 90 days. Yes X No

Check if disclosure of delinquent filers in response to Item 405 of Regulation
S-B is not contained in this form, and no disclosure will be contained, to the
best of Registrant's knowledge, in definitive proxy or information statements
incorporated by reference in Part III of this Form 10-K or any amendment to this
Form 10-K. [X]

Issuer's revenues for its most recent fiscal year totaled: None Documents
Incorporated by Reference: None Transitional Small Business Disclosure Format:
Yes___. No. X

As of December 31, 2008, the Registrant had outstanding no shares of Convertible
Preferred Stock, $1.00 par value issued and outstanding.

Number of Shares of Common Stock Outstanding $.10 par value as of December 31,
2008  5,021,764

Transitional Small Business Disclosure Format YES ___    NO X

<PAGE>


                       NOVA NATURAL RESOURCES CORPORATION

                                TABLE OF CONTENTS

<TABLE>
<CAPTION>
<S>                                                                                                                      <C>

                                                                                                                       Page
                                                                                                                 ---------------

                                                                       PART I

Item 1.               Business                                                                                                 3
-------               --------                                                                                                 -

Item 1A.              Risk Factors                                                                                             7
--------              ------------                                                                                             -

Item 2.               Description of Property                                                                                  7
-------               -----------------------                                                                                  -

Item 3.               Legal Proceedings                                                                                        7
-------               -----------------                                                                                        -

Item 4.               Submission of Matter to a Vote of Security Holders                                                       7
-------               --------------------------------------------------                                                       -

                                                                      PART II

Item 5.               Market for Common Equity and Related Stockholder Matters                                                 7
-------               --------------------------------------------------------                                                 -

Item 6.               Selected Financial Data                                                                                  8
-------               -----------------------                                                                                  -

Item 7.               Management's Discussion and Analysis of Financial Condition and Results of Operations                    8
-------               -------------------------------------------------------------------------------------                    -

Item 7A.              Quantitative and Qualitative Disclosure about Market Risk                                                9
-------               ---------------------------------------------------------                                                -



Item 8.               Financial Statements and Supplementary Data                                                              10
-------               -------------------------------------------                                                              --




Item 9.               Changes in and Disagreements with Accountants on Accounting and Financial Disclosure                     18
-------               ------------------------------------------------------------------------------------                     --

Item 9A(T).           Controls and Procedures                                                                                  18
-----------           -----------------------                                                                                  --


                                                                      PART III
Item 10.              Directors, Executive Officers and Corporate Governance                                                   19
--------              ------------------------------------------------------                                                   --

Item 11.              Executive Compensation                                                                                   21
--------              ----------------------                                                                                   --

Item 12.              Security Ownership of Certain Beneficial Owners and Management and Related shareholder Matters           21
--------              ----------------------------------------------------------------------------------------------           --

Item 13.              Certain Relationships and Related Transactions                                                           21
--------              ----------------------------------------------                                                           --

Item 14.              Principal Accounting Fees and Services                                                                   22
--------              --------------------------------------                                                                   --

                                                                      PART IV

Item 15.              Exhibits, Financial Statement Schedules                                                                  22
--------              ---------------------------------------                                                                  --

                      Signatures                                                                                               23
                      ----------                                                                                               --


</TABLE>

                                                                              2



<PAGE>


                                     PART 1

Item 1.  Description of Business
--------------------------------

Nova has been a business in transition since the divesture of the electronic
business. Management has reviewed many business opportunities but has passed on
those that did not insure the company with free and clear assets and exclusive
protection of the opportunity. The company is evaluating several opportunities
and expects to acquire a new business interest in 2008 and return to the status
of an operating company.

Nova Natural Resources Corporation (the "Registrant", "Company" or "Nova") was
incorporated under Colorado Law on April 1, 1993 and is the surviving company in
a merger, effective February 1, 1995, of the Company and Nova Natural Resources
Corporation, a Delaware corporation. The merger was effected to change the
Company's domicile from Delaware to Colorado and caused no change in the
Company's capitalization. The Delaware Corporation was the successor to Nova
Petroleum Corporation and Power Resources Corporation, which merged in 1986.
Prior to that merger, Nova Petroleum Corporation and Power Resources Corporation
operated since 1979 and 1972, respectively.

Significant changes in the Company business

On February 27, 2001, the Company closed a transaction pursuant to the terms of
an Asset Purchase Agreement dated February 9, 2001 (the "Agreement") with TORITA
DONGHAO LLC ("Torita Delaware"), a Delaware Corporation, by which Torita
Delaware acquired control of the Company.

Torita Delaware manufactures, markets, and sells electronic equipment, including
computer hardware, computer monitors, television sets, internet access devices
for use with TV sets, digital video devices (DVD's) and related equipment.
Torita Delaware's products are marketed in Southeast Asia. Its production
facilities occupy 128,000 square feet in Zhuhai City in the People's Republic of
China ("PRC") and include six manufacturing lines with an annual production
capacity of approximately 1 million PC's, 1 million DVD devices and 200,000 TV
sets. Torita Delaware owns 50% of the former cosmetics arm of Torita Group,
though this business line has not played a significant role in the Company's
operations. The Company wrote off its equity investment of $15,107 in the
cosmetics company in the fourth quarter of the fiscal year, since it is
uncertain whether this investment will be recoverable.

Torita Delaware was formed by the spin-off of the electronics and the cosmetics
divisions of the Torita Group of the PRC. Torita Group ("Torita"), a large,
diversified company with over ten years of operating history in China, was
composed of several divisions with diverse business interests. During calendar
year 2001, Torita went into receivership due to its large portfolio of
non-performing real estate assets. These assets are in the process of
disposition, a process expected to take several years to accomplish. Although
Torita Delaware and Torita are completely separate companies, this event caused
an indirect effect on the Company's ability to do business.

Historically, the Company's electronics manufacturing operations utilized
Torita's credit facilities as its major source of working capital. When the
Company became independent of Torita, it no longer had access to that capital,
but the relationship was retained with Torita's lenders, including the
maintenance of a $7 million line of credit with a local bank. . When Torita
subsequently went into receivership, even though the Company was no longer
affiliated with Torita, this line of credit was withdrawn. In addition, Torita's
bankruptcy filing caused many of the Company's existing suppliers to cut off
their credit terms with the Company, due to the past close association of the
two companies. These events made it much more difficult for the Company to
obtain credit in China.

On March 16, 2003, pursuant to unanimous approval of the board of directors of
Nova, the Company authorized its president to secure a convertible note from
Henan Zhenyuen (Group) Co., LTD, and to appoint three new Directors. The company
appointed Ms. Li Wang, Mr. Yanbo Yin both Chinese Nationals and reappointed Mr.
Chris Tse. Mr. Tse was also appointed the President and CEO of the company upon
the resignation of its former President Mr. Edward Chan. Mr. Chan also resigned
as a Director of the company. Additionally, Mr. Han Zhende of the Torita group
resigned as a Director. The note from Zhenyuen (Group) was never secured. The
company secured funding from a company called Good Creative Limited a BVI. This
information was communicated in an 8K filing and press release by the current
management.


                                                                              3

<PAGE>



On 11 November 2003 Nova entered into an agreement to divest of the core
business, the electronic assets the company had idled at 2002 year end. The
electronic business unit declined shortly after acquisition due to a slow down
in demand for existing products and a lack of immediate working capital required
for new product introduction. Revenue decreased significantly from 2001 of
$4.8MM to 2002 of $.4MM whereby the company was unable to continue operations.
Previous management was unsuccessful in efforts to raise the necessary working
capital in the time frame in which the business unit had opportunities for its
product. The decrease in demand, consumption of saleable inventory and lack of
working capital resulted in discontinuing the operations at year end 2002. The
business had remained idle while the new management team and board of directors
accessed the market conditions for the company products and production
capabilities. The current board of directors had determined that restarting the
operations created significant risk for its shareholders and determined that
raising funds with equity would be difficult if not impossible. Therefore, the
Directors approached the original owners and reached an agreement for the return
of assets in turn for the return of the Torita Electronic (Hong Kong) Ltd.,
common stock in the amount of 138,612,287 shares. This was the control block
originally issued for the assets but did not include stock issued for services
in connection with facilitation of the deal and payment for services. The
divesture agreement was entered into with Han Zhende, President of Torita
Electronic (Hong Kong) Company Ltd., and provided for the return of the assets
acquired from the original agreement, dated Feb 09 2001 between Torita Donghao,
LLC and Nova Natural Resource Corporation. The agreement provided for the return
of assets, assumption of all liabilities associated with the Chinese operation
in turn for the return to Nova the 138,612,287 shares of common stock originally
issued to Torita Electronic (Hong Kong) Ltd.

On 17 Jun 2004 Nova entered into an agreement to purchase the assets of two Gas
Stations located in Anyang City, Henan Province, China from Great Frame
International Enterprise Limited, a Hong Kong Company. The stations were
equipped with LPG refilling equipment. The stations along with a recently
acquired LPG conversion technology would allow Nova to continue the conversion
of additional vehicles within the Anyang market and expand into other markets
within the region. The stations had the capacity to generate in excess of two
million dollars in combined fuel alternatives, but the primary focus was to
convert and service LPG vehicles. This was due to higher gross margins and the
positive environmental impact. Nova intended to issue 600,000 shares of common
stock at an agreed price of $2.00 per share, for a total purchase price of
$1,200,000. The majority owner and President/Director of Great Frame
International Enterprise Limited was Wang Li; Ms Li was also a director of Nova.
Upon the completion of the proposed agreement Wang Li would have become the
largest shareholder of NOVA with approximately 45% of the issued and outstanding
shares. This acquisition was designed to prove the LPG conversion technology was
a benefit for both Nova and the Chinese market. The average cost to convert a
taxi from gas to LPG was approximately $420 and the conversion cost for a bus
was approximately 25% higher. It was estimated that the average taxi would drive
450KM per day with a monthly fuel saving of $73.00, creating a pay back for the
driver in six months. The pay back for a bus was approximately one and a half
years, but combined with the positive environmental results the local
governments were eager to convert. The company expected the primary growth
revenue generator would be the refilling of the LPG vehicles; the current gross
margin was significantly higher than that of the non converted petrol vehicles.
Given the increasing vehicles entering the Chinese market and vast number of
vehicles that could benefit from the conversion the company worked for over one
year to try and bring this deal to a successful close. The company engaged
several outside parties in both the US and China to develop a successful
structure for the transaction whereby Nova would have full rights privileges and
true ownership of the assets identified in the deal. Although representatives of
Nova visited the sites of these assets, the deal was complicated by a transfer
of the state assets to the Hong Kong Company. This transfer could not be assured
was acceptable under Chinese Law, making the deal risky on the representations
made by Great Frame International and since Wang Li was a director of both
companies Nova consulted with additional resources. The company evaluated
several alternatives in restructuring the deal, but in meeting with Chinese
Accountants and Legal Advisors, it was determined that the transaction could not
be structured in a manner initially negotiated. This information was
communicated in an 8K filing and press release by the current management.

On 1 July 2005 Nova rescinded the agreement entered into on June 17, 2004 to
purchase the assets of two Gas Stations located in Anyang City, Henan Province,
China. The agreement previously entered into with Great Frame International
Enterprise Limited, a Hong Kong Company, provided that Great Frame would provide
written evidence that the agreement was in compliance with Chinese Laws and
procedures and that the assets described in the agreement were not encumbered in
any manner. Failing to comply with this requirement the company cancelled the
agreement. Additionally, Mr. Chris Tse President & CEO and Chairman of the
Board, accepted the resignation of Wang Li and Yin Yanbo as directors of the
company and decided to serve as sole officer and director of the company until
such time as qualified replacements could be selected. This information was
communicated in the form of an 8K filing by the current management.


                                                                               4


<PAGE>



Change in Control

Effective at Closing of the Torita Delaware transaction, all of Nova's officers
and directors, except Brian B. Spillane, resigned, as contemplated by the
Agreement. Edward T. S. Chan, CEO of Torita Delaware, thereupon was named
President, Treasurer and a Director of the Company. Mr. Spillane resigned as
President, but remains a Director of the Company, and was appointed its
Secretary. Mr. Spillane continued his affiliation with the Company and continued
to maintain the Company's corporate office in Denver, Colorado at the request of
Torita Delaware. This request was not a requirement for approval of the
transaction by the Company's former Board of Directors. In September 2001, Han
Zhende and Chris Tse, both based in China, were appointed Directors of the
Company. Mr. Han is the Company's Chief Operating Officer, and is in charge of
the Company's electronics manufacturing operations in Zhuhai City, the People's
Republic of China. Mr. Tse resigned as Vice President and a Director of the
Company in November.

Upon effectuation of the Agreement, Torita Electronic (Hong Kong) Ltd. held
138,612,287 shares of the Registrant's $0.10 par value common stock, 59.5% of
the total common shares issued and outstanding, and therefore became the new
controlling shareholder of the Company. Affiliates of Torita Delaware controlled
an additional 32% of the then-issued and outstanding shares. The consideration
used to obtain such control was the acquisition by the Company of 100% of the
business and operating assets of Torita Delaware.

On March 16 2003 the board of directors accepted the resignation of Mr. Edward
Chan as the President and CEO and appointed Mr. Chris Tse to the position of
President and CEO.

On June 30, 2003, pursuant to majority shareholder consent and affirmed by
199,873,886 votes constituting 71.5% of the 279,551,551 shares issued and
outstanding as of June 28, 2003, the majority shareholders voted and approved
the appointment of Mr. Chris Tse as the Company President and Chief Executive
Officer and appointment to the Board of Directors. Mr. Edward Chan was
terminated as the President and Chief Executive Officer and removed from the
Board of Directors. This action was in response to the failure of Mr. Chan to
place into writing his verbal resignation as the President and from the Board of
Directors. This information was communicated in an 8K filing and press release
by the current management.

On March 15, 2007 the shareholders of Nova Natural Resources Corp., by majority
consent accepted the resignation of the sole Director and Officer of the Company
Mr. Chris Tse, appointed Mr. David Putnam as the President & CEO and Chief
Financial Officer of the Company, and appointed Mr. Nick Laroche as a Company
Director. Mr. Putnam currently resides in Toronto, Ontario; therefore the
Company executive offices are in the process of being relocated to Toronto,
Ontario. This action was taken by the Shareholders of the Corporation by a vote,
or concurrence of the majority of the outstanding shares. This action was
approved in excess of the two third majority as required by Colorado Law and the
Company Articles of Incorporation.

On October 1, 2007 the Board accepted the  resignation of Mr. David Putnam,  the
President & CEO,  additionally  Mr. Putnam resigned from the Board of Directors.
The Board  accepted the appointed of Mr. Wayne A. Doss to serve as the President
and CEO and Director  replacing Mr.  Putnam.  Mr. Doss has been a consultant and
business advisor for the company since 2001.


Employees

At December 31, 2008, Nova had only one employee, its President  & CEO, Mr.
Wayne A. Doss.

Environmental Regulations

The Company is not currently subject to any pending administrative or judicial
enforcement proceedings arising under environmental laws or regulations.
Environmental laws and regulations may be adopted in the future which may have
an impact upon the Company's operations.



                                                                               5

<PAGE>

Other Information
-----------------

Material Events that occurred during 2007/2008

On March 15, 2007 the shareholders of Nova Natural Resources Corp., by majority
consent accepted the resignation of the sole Director and Officer of the Company
Mr. Chris Tse, appointed Mr. David Putnam as the President & CEO and Chief
Financial Officer of the Company, and appointed Mr. Nick Laroche as a Company
Director. Mr. Putnam currently resides in Toronto, Ontario, therefore the
Company executive offices are in the process of being relocated to Toronto,
Ontario. This action was taken by the Shareholders of the Corporation by a vote,
or concurrence of the majority of the outstanding shares. This action was
approved in excess of the two third majority as required by Colorado Law and the
Company Articles of Incorporation.

On March 31, 2007 the newly appointed Board of Directors approved the
appointment of Mr. Putnam as the Company President & CEO and the majority
consent in reference to the appointment of the new Directors, Mr. Putnam and Mr.
Laroche. The New Board of Directors approved the issuance of 2,500,000 shares of
rule144 restricted common stock for each of it new Directors. The Board of
directors authorized the President to proceed with the acquisition of the Lotta
Minutes Prepaid Calling Card transaction after reviewing the Executive Summary.
The Board authorized the President to proceed with securing the rights and
privileges in an asset acquisition structure whereby Nova Natural Resources
would acquire 100% of said rights and privileges. The President was authorized
to issue up to ten million (10,000,000) shares of Nova Natural Resources Rule
144 Restricted Common Shares and up to $500,000.00 (with the condition the funds
would be paid based upon a future funding or once the company has adequate
working capital) to secure rights.

On April 15, 2007 the Board approved the Lotta Minutes Pre-Paid Calling Card
transaction and authorized the President to issue ten million (10,000,000)
shares of Nova Natural Resources Rule 144 Restricted Common Stock to Glen Simon
for 100% of 2133185 Ontario Inc., for all rights and privileges concerning the
Lotta Minutes deal as defined in the Lotta Minutes Executive Summary and
documentation.

On April 30, 2007 the Board approved the consulting contracts with two outside
consultants to assist the company in its new venture. The consultants, Mr.
Aluwahlia and Mr. Wendlegoed will each receive 2,500,000 shares of rule 144
Restricted Common Stock at .01 for said services.

On October 1, 2007 the Company cancelled the Lotta Minutes deal for non
performance of the acquisition agreement terms, ten million (10,000,000) shares
were authorized to be issued in conjunction with the closing of the deal, the
shares were never issued and the board of directors cancelled the authorization
to issue said shares and the five million (5,000,000) shares for the consultants
associated with the Lotta Minutes Deal.

On October 1, 2007 the Board accepted the resignation of Mr. David Putnam, its
President and CEO, additionally Mr. Putnam resigned from the Board of Directors.
The Board accepted the appointed of Mr. Wayne A. Doss to serve as the President
and CEO and Director replacing Mr. Putnam. Mr. Doss has been a consultant and
business advisor for the company since 2001.

On June 20, 2008 the Board of Directors cancelled the authorization for the
issuance of five million (5,000,000) shares to Mr. Laroche and Mr. Putnam which
were authorized March 31, 2007, but were never issued. The Board of Directors
initially approved the issuance of 2,500,000 shares of rule144 restricted common
stock for each Director. The Board felt the shares were not warranted. The Board
approved the issuance of one million (1,000,000) shares of rule 144 restricted
common stock for Mr. Doss the current President and CEO for services to the
company since Mr. Doss has served without salary since the October 1, 2007
appointment.

On July 1, 2008 the Board of Directors approved the conversion of a Convertible
Note Payable in the amount of 19,000.00 to convert at .02 per share for the
issuance of nine hundred fifty thousand shares (950,000) of rule-144 restricted
common stock.


                                                                               6

<PAGE>


Item 1A. Risk Factors
---------------------

Not applicable because we are a smaller reporting company.


Item 2. Description of Properties
---------------------------------

The executive offices of the Company are located at 2000 NE 22 ND Street, Wilton
Manors, Florida, 33305. The space is approximately 500 sq ft. The Company is
currently in the process of relocating its executive offices.

Item 3.  Legal Proceedings
--------------------------

The Company knows of no legal proceedings contemplated or threatened against it.

Item 4. Submission of Matter to a Vote of Security Holders
----------------------------------------------------------

No matters were submitted to a vote of security holders during the fourth
quarter of fiscal 2008.


                                     Part II
                                     -------

Item 5.  Market for Common Equity and Related Shareholder matters
-----------------------------------------------------------------

The Company's Common Stock is quoted on the OTC Bulletin Board under the symbol
"NVNJ" at December 31, 2008 with no trading activity. The company must seek
sponsorship by a market maker to file the 15C211 to return to the OTCBB active
trading and plans to do so in 2009. The number of record holders of the
Company's Common Stock as of December 31, 2008 was approximately 115 in
certificate holders/

As of September 30, 2008 1,553 option shares were outstanding under the
Company's employee stock option plan.

On 13 August 2003 the shareholders of Nova Natural Resources Corp., by majority
consent authorized the Board of Directors to institute a 1 for 3000 reverse
stock split with no fractional shares to be issued. Nova, a Colorado Corporation
required two thirds majority for such action. The majority consent was approved
by two hundred two million one hundred sixth four thousand (202,164,000) votes
and constituted an approval in excess of the two thirds required. The board
approved the reverse and set the effective date for August 22, 2003. Further,
the shareholders authorized the Board of Directors to increase the common stock
authorized and issued to 50,000,000 shares following the implementation of the
reverse.

The Company has not paid any dividends on its Common Stock and does not expect
to do so in the foreseeable future. The Company intends to employ its cash flow
and earnings, if any, for working capital needs.

                                                                               7


<PAGE>


Shareholders

The number of record holders of the Company's Common Stock as of December 31,
2008 was approximately 115.

Dividends

To date, we have not paid any cash dividends on our common stock, nor do we
anticipate that we will pay dividends in the foreseeable future. Payment of
dividends in the future will depend upon the Company's earnings and its cash
requirements at that time.

Securities Authorized for Issuance Under Equity Compensation Plans

As of fiscal 2008, no securities were authorized for issuance under compensation
plans previously approved by security holders. As of fiscal 2008, no securities
were authorized for issuance under compensation plans not previously approved by
security holders.

Equity Securities Issuances During Fiscal 2007/2008

    o     On March 31, 2007 the Company issued two million five hundred thousand
          shares of restricted common stock to each of the new Directors Mr.
          Putnam and Mr. Laroche, for a total of five million (5,000,000)
          shares.

    o     On March 31, 2007 the Company issued 1,250,000 shares of restricted
          common stock to its consultant Mr. Wayne A Doss for services.

    o     On April 15, 2007, the Company was authorized to issue  10,000,000
          shares of restricted  common stock for the  acquisition of the Lotta
          Minutes Calling Card rights.

    o     On April 30, 2007 the Company was authorized to issue 5,000,000 shares
          of restricted  common stock to two consultants  involved in the Lotta
          Minutes Deal.

    o     On October 1, 2007 the Company cancelled the Lotta Minutes deal for
          non performance of the acquisition agreement terms, ten million
          (10,000,000) shares were authorized to be issued in conjunction with
          the closing of the deal, the shares were never issued and the board of
          directors cancelled the authorization to issue said shares and the
          five million (5,000,000) shares for the consultants associated with
          the Lotta Minutes Deal.

          On June 20, 2008 the Board of Directors cancelled the authorization
          for the issuance of five million (5,000,000) shares to Mr. Laroche and
          Mr. Putnam which were authorized March 31, 2007, but were never
          issued. The Board of Directors initially approved the issuance of
          2,500,000 shares of rule144 restricted common stock for each Director.
          The Board felt the shares were not warranted. The Board approved the
          issuance of one million (1,000,000) shares of rule 144 restricted
          common stock for Mr. Doss the current President and CEO for services
          to the company since Mr. Doss has served without salary since the
          October 1, 2007 appointment.

          On July 1, 2008 the Board of Directors approved the conversion of a
          Convertible Note Payable in the amount of 19,000.00 to convert at .02
          per share for the issuance of nine hundred fifty thousand shares
          (950,000) of rule-144 restricted common stock.


Item 6.   Selected Financial Data
---------------------------------

Not Applicable because we are a smaller reporting company.


Item 7.   Management Discussion and Analysis
--------------------------------------------

The following Management's Discussion and Analysis ("MD&A) for the twelve month
period ended December 31, 2008 compared with the twelve month period ended
December 31, 2007 provides readers with an overview of the operations of Nova
Natural Resources Corporation ("Nova"). The MD&A provides information that the
management of Nova believes is important to access and understand the results of
operations and the financial condition of the Company.


                                                                               8

<PAGE>


Our objective is to present readers with a view of Nova through the eyes of
management.
This discussion and analysis should be read in conjunction with Nova's financial
statements and accompanying notes to the financial statements for the twelve
month period ended December 31, 2008.


About Nova Natural Resources Corporation

Nova has been a business in transition since the divesture of the electronic
business. Management has reviewed many business opportunities but has passed on
those that did not insure the company with free and clear assets and exclusive
protection of the opportunity. The company is evaluating several opportunities
and expects to acquire a new business interest in 2008 and return to the status
of an operating company.

The Company has not earned any revenue from limited principal operations since
2002. Accordingly, the Company's activities have been accounted for as those of
a "Development Stage Enterprise" as set forth in Financial Accounting Standards
Board Statement No. 7 (" SFAS 7 ").


Management's discussion of anticipated future operations contains predictions
and projections which may constitute forward looking statements. The Private
Securities Litigation Reform Act of 1995, including provisions contained in
Section 21E of the Securities Exchange Act of 1934, provides a safe harbor for
forward-looking statements. In order to comply with the terms of the safe
harbor, the Company notes that a variety of factors could cause the Company's
actual results and experience to differ materially from the anticipated results
or other expectations expressed in the Company's forward-looking statements. The
risks and uncertainties that may affect the operations, performance, development
and results of the Company's business include, but are not limited to, the
following:


Forward-looking Information

This Form 10-K contains certain forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. For this purpose any
statements contained in this Form 10-K which is not statements of historical
fact may be deemed to be forward-looking statements. Without limiting the
foregoing, words such as "may", "will", "expect", "believe", "anticipate",
"estimate", or "continue" or comparable terminology are intended to identify
forward-looking statements. These statements by their nature involve substantial
risks and uncertainties and actual results may differ materially depending on a
variety of factors, many of which are not within the Company's control.


ITEM 7A.  QUANTITIATIVE AND QUALITATIVE DISCLOUSURES ABOUT MARKET RISK
----------------------------------------------------------------------

Not applicable because we are a smaller reporting company.

                                                                               9

<PAGE>

Item 8. Financial Statements and Supplementary Data
---------------------------------------------------


                       NOVA NATURAL RESOURCES CORPORATION

                              FINANCIAL STATEMENTS

                                       AND

                                AUDITOR'S REPORT

                                DECEMBER 31, 2008






                                TABLE OF CONTENTS




TABLE OF CONTENTS                                                      10
AUDITOR'S REPORT                                                       11
BALANCE SHEETS                                                         12
STATEMENTS OF OPERATIONS AND ACCUMULATED SURPLUS                       13
STATEMENTS OF STOCKHOLDERS' EQUITY                                     14
STATEMENTS OF CASH FLOW                                                15
NOTES TO THE FINANCIAL STATEMENTS                                      16
NOTES TO THE FINANCIAL STATEMENTS                                      17






                                                                              10

<PAGE>


AUDITOR'S REPORT


To the Shareholders of
Nova Natural Resources Corporation

I have audited the accompanying balance sheets of Nova Natural Resources
Corporation as of December 31, 2008 and the related statements of operations,
stockholders' equity and cash flows for each of the three years in the period
ended December 31, 2008. These statements are the responsibility of the
corporation's management. My responsibility is to express an opinion on these
financial statements based on my audit.

I conducted my audit in accordance with the standards of the Public Company
Accounting Oversight Board (United States). Those standards require that I plan
and perform an audit to obtain reasonable assurance about whether the financial
statements are free of material misstatement. An audit also includes examining,
on a test basis, evidence supporting the amounts and disclosures in the
financial statements. An audit also includes assessing the accounting principles
used and significant estimates made by management, as well as evaluating the
overall financial statement presentation. I believe that my audit provides a
reasonable basis for my opinion.

In my opinion, these financial statements referred to above present fairly in
all material respects, the financial position of the corporation for the year
ended December 31, 2008 and the results of its operations and its cash flows for
each of the three years in the period ended December 31, 2008, in conformity
with U.S. generally accepted accounting principles.






Chartered Accountant
Licensed Public Accountant
Thornhill, Ontario, Canada
March 30, 2009



                                                                              11

<PAGE>





                       NOVA NATURAL RESOURCES CORPORATION

                                 BALANCE SHEETS

                             AS AT DECEMBER 31, 2008




<TABLE>
<CAPTION>
<S>                                                                                         <C>                 <C>


                                             ASSETS                                      12/31/08             12/31/07
                                                                                    --------------------  -------------------

Current
Cash on Hand                                                                        $              849    $               -
                                                                                    =========================================

                                           LIABILITIES
Current
Accounts Payable and Accruals                                                                   37,676              48,000

Current
Notes Payable - Note 5                                                                          96,992              50,500
                                                                                    -----------------------------------------
                                                                                               134,668              98,500

                                      STOCKHOLDERS' EQUITY

Common stock, $0.10 par value, 50,000,000 shares authorized 5,021,764 shares
issued and outstanding                                                                      13,400,316          13,421,316

Additional Paid in Capital                                                                  (7,718,434)         (7,718,434)

Accumulated Deficit - Note 5                                                                (5,815,701)         (5,801,382)
                                                                                    -----------------------------------------
                                                                                              (133,819)            (98,500)

                                                                                    $              849    $               -
                                                                                    =========================================


Approved By:

             Director:                                                              Director:
                                 -----------------------------                                         -----------------------------

</TABLE>


       The accompanying summary of significant accounting policies and notes are
                an integral part of these financial statements.

                                                                              12



<PAGE>







                       NOVA NATURAL RESOURCES CORPORATION

                STATEMENTS OF OPERATIONS AND ACCUMULATED SURPLUS

                      FOR THE YEAR ENDED DECEMBER 31, 2008



<TABLE>
<CAPTION>
<S>                                                                                        <C>                 <C>


                                                                                   12 Months Ended
                                                               -----------------------------------------------------------
                                                                  12/31/2008          12/31/2007           12/31/2006
                                                               ------------------   -----------------   ------------------


Revenue                                                        $              -     $             -     $              -

Expenses:
Administrative                                                           14,289              88,500               12,000
                                                               -----------------------------------------------------------
                                                                         14,289              88,500               12,000


Net Income / (Loss) for the year                               $        (14,289)    $       (88,500)   $         (12,000)
                                                               ===========================================================

Basic and diluted net income (loss) per share                  $          (0.00)    $        (0.011)   $          (0.007)
                                                               ===========================================================

Weighted Average Common Shares Outstanding                            5,021,764           8,071,764            1,821,764
                                                               ===========================================================

</TABLE>


       The accompanying summary of significant accounting policies and notes are
                an integral part of these financial statements.

                                                                              13


<PAGE>


                        NOVA NATURAL RESOURCES CORPOATION

                       STATEMENTS OF STOCKHOLDERS' EQUITY

                      FOR THE YEARS ENDED DECEMBER 31, 2008




<TABLE>
<CAPTION>
<S>                                                                                <C>              <C>                    <C>


                                                                                     Additional      Accumulated          Total
                                                                                      Paid-In          Surplus        Stockholders'
                                          Common Stock                                Capital         (Deficit)          Equity
------------------------------------------------------------------------------------------------------------------------------------
                                  Shares before     Shares after        Amount
                                  reverse split     reverse split
                                 -----------------  ---------------  ------------

Balances, December 31, 2007        1,115,291,264      8,071,764   $ 13,421,316      $ (7,718,434)  $  (5,801,382)  $       (98,500)
 adj                                                                                                         (30)              (30)
Consulting Fee                                       (4,000,000)       (40,000)                                            (40,000)
 Convertible note                                       950,000         19,000                                               19,000
Net Income (Loss) for the year                                                                           (14,289)           (14,289)

                                 ---------------------------------------------------------------------------------------------------
Balances, December 31, 2008        1,115,291,264      5,021,764   $ 13,400,316      $ (7,718,434)  $  (5,815,701)  $      (133,819)
                                 ===================================================================================================


</TABLE>

                                                                              14



<PAGE>










                       NOVA NATURAL RESOURCES CORPORATION

                             STATEMENTS OF CASH FLOW

                      FOR THE YEAR ENDED DECEMBER 31, 2008



<TABLE>
<CAPTION>
<S>                                                                        <C>               <C>                 <C>



                                                                                      12 Months Ended
                                                                     12/31/08            12/31/07            12/31/06
Cash Provided by (Used in):

Operating Activities
   Cash from Operations                                          $        (14,289)  $        (88,500)  $        (12,000)
   Cash Provided from non cash items
       Amortization                                                             -                   -                   -
   Net Change in Accounts Payable and Accruals                            (10,354)            26,000              4,000
                                                                 ----------------------------------------------------------
                                                                          (24,643)           (62,500)            (8,000)
Investing Activities
   Reversal of Technology Agreement                                             -                   -                   -
                                                                 ----------------------------------------------------------

Financing Activities
   Issue of Shares                                                        (40,000)            62,500              8,000

     Issue of Note
Payable                                                                    65,492                   -                   -
                                                                 ----------------------------------------------------------
                                                                           25,492             62,500              8,000

Increase (Decrease) in Cash during the year                                                         -

Cash Balance - beginning of year                                                0                   -
                                                                 ----------------------------------------------------------

Cash Balance - end of year                                       $            849    $              -    $              -
                                                                 ==========================================================

</TABLE>

       The accompanying summary of significant accounting policies and notes are
                an integral part of these financial statements.

                                                                              15


<PAGE>


                       NOVA NATURAL RESOURCES CORPORATION

                        NOTES TO THE FINANCIAL STATEMENTS

                      FOR THE YEAR ENDED DECEMBER 31, 2008





1. Nature of Business
--------------------------------------------------------------------------------

   Management has decided that the company would be more valuable and the
   interest of its shareholders would be better served by the sale or reverse
   merger of the company and is actively looking at new business opportunities.

2. Summary of Significant Accounting Policies
--------------------------------------------------------------------------------

a. Basis of Presentation - Development Stage Company

   The Company has not earned any revenue from limited principal operations
   since 2002. Accordingly, the Company's activities have been accounted for as
   those of a "Development Stage Enterprise" as set forth in Financial
   Accounting Standards Board Statement No. 7 ("SFAS 7 ").

b. Use of Estimates

   The preparation of the company's financial statements in conformity with
   generally accepted accounting principles requires management to make
   estimates and assumptions that affect the amounts reported in the financial
   statements and accompanying notes. The actual results could differ from those
   estimates.

c. Cash Equivalents

   The company considers all highly liquid debt instruments purchased with an
   original maturity of three months or less to be cash equivalents.

d. Earnings per Share

   Net loss per share is presented in accordance with the provisions of the
   Statement of Financial Accounting Standards (SFAS) No: 128, Earnings Per
   Share . SFAS No: 128 replaces the presentation of primary and diluted
   earnings per share (EPS), with a presentation of basic EPS and diluted EPS.
   Under SFAS No: 128, basic EPS excludes dilution for potential common shares
   and is computed by dividing the net loss by the weighted average number of
   common shares outstanding for the year. Diluted EPS reflects the potential
   dilution that could occur if securities or other contracts to issue common
   shares were exercised or converted into common stock. Basic and diluted EPS
   are the same in 2006, 2007and 2008 as all potential common shares were
   anti-dilutive.


        The accompanying summary of significant accounting policies and notes
              are an integral part of these financial statements.

                                                                              16

<PAGE>



                       NOVA NATURAL RESOURCES CORPORATION

                        NOTES TO THE FINANCIAL STATEMENTS

                      FOR THE YEAR ENDED DECEMBER 31, 2008



e. Stock-based Compensation

   Effective January 1, 2006 the Company adopted Statement of Financial
   Accounting Standard No. 123R "Share-Based Payment" ("FAS 123R") and Staff
   Accounting Bulletin No. 107 ("SAB 107"), which was issued in March 2005 by
   the Securities and Exchange Commission regarding the SEC's interpretation of
   FAS 123R. FAS 123R addresses the accounting for share-based payment
   transactions in which a company obtains employee services in exchange for (a)
   equity instruments of a company or (b) liabilities that are based on the fair
   value of a company's equity instruments or that may be settled by the
   issuance of such equity instruments.


4. Notes Payable

   The notes payable are non-interest bearing, have no repayment terms and are
   convertible to common shares at the option of the note holder.

5. Accumulated Deficit

   Since the company's fiscal year ended December 31, 2002, the company has not
   generated any revenue but has continued incurring administrative expenses.
   The accumulated deficit since 2002 is $270,222 as at December 31, 2008 (2007
   - $255,903).

<TABLE>
<CAPTION>
<S>                                                                                         <C>              <C>

                                                                                               12 Months Ended
                                                                                          12/31/2008       12/31/2007
                                                                                       ----------------------------------

Accumulated Deficit from inactivity                                                     $      270,222    $     255,903

Accumulated Deficit from business operations                                                 5,545,479        5,545,479
                                                                                       ----------------------------------

Accumulated Deficit - end of year                                                       $    5,815,701    $   5,801,382
                                                                                       ==================================
</TABLE>


                                                                              17


<PAGE>


Item 9. Changes in and Disagreements with Accountants on Accounting and
------  Financial Disclosure


None

Item 9A(T). Controls and Procedures
-----------------------------------

Evaluation of Disclosure Controls and Procedures

We maintain "disclosure controls and procedures," as such term is defined in
Rule 13a-15(e) under the Securities Exchange Act of 1934 (the "Exchange Act"),
that are designed to ensure that information required to be disclosed in our
Exchange Act reports is recorded, processed, summarized and reported within the
time periods specified in the Securities and Exchange Commission rules and
forms, and that such information is accumulated and communicated to our
management, including our Chief Executive Officer and Chief Financial Officer,
as appropriate, to allow timely decisions regarding required disclosure. We
conducted an evaluation (the "Evaluation"), under the supervision and with the
participation of our Chief Executive Officer ("CEO") and Chief Financial Officer
("CFO"), of the effectiveness of the design and operation of our disclosure
controls and procedures ("Disclosure Controls") as of the end of the period
covered by this report pursuant to Rule 13a-15 of the Exchange Act. Based on
this Evaluation, our President has concluded that the Company's disclosure
controls and procedures were effective.

Changes in Internal Controls
----------------------------

We have also evaluated our internal controls for financial reporting, and there
have been no changes in our internal controls that have materially affected, or
are reasonably likely to material affect, the internal control over financial
reporting or in other factors that could affect those controls subsequent to the
date of their last evaluation.

Limitations on the Effectiveness of Controls
--------------------------------------------

Our President and CEO, does not expect that our Disclosure Controls and internal
controls will prevent all errors and all fraud. A control system, no matter how
well conceived and operated, can provide only reasonable, not absolute,
assurance that the objectives of the control system are met. Further, the design
of a control system must reflect the fact that there are resource constraints,
and the benefits of controls must be considered relative to their costs. Because
of the inherent limitations in all control systems, no evaluation of controls
can provide absolute assurance that all control issues and instances of fraud,
if any, within the Company have been detected. These inherent limitations
include the realities that judgments in decision-making can be faulty, and that
breakdowns can occur because of a simple error or mistake. Additionally,
controls can be circumvented by the individual acts of some persons, by
collusion of two or more people, or by management or board override of the
control.

The design of any system of controls also is based in part upon certain
assumptions about the likelihood of future events, and there can be no assurance
that any design will succeed in achieving its stated goals under all potential
future conditions; over time, controls may become inadequate because of changes
in conditions, or the degree of compliance with the policies or procedures may
deteriorate. Because of the inherent limitations in a cost-effective control
system, misstatements due to error or fraud may occur and not be detected.

Management's Report on Internal Control over Financial Reporting
----------------------------------------------------------------

Our management is responsible for establishing and maintaining adequate internal
control over financial reporting, as such term is defined in Exchange Rule
13a-15(f). The Company's internal control over financial reporting is a process
designed to provide reasonable assurance to our management and board of
directors regarding the reliability of financial reporting and the preparation
of the financial statements for external purposes in accordance with accounting
principles generally accepted in the United States of America

Our internal control over financial reporting includes those policies and
procedures that (1) pertain to the maintenance of records that, in reasonable
detail, accurately and fairly reflect the transactions and dispositions of the
assets of the Company; (2) provide reasonable assurance that transactions are
recorded as necessary to permit preparation of financial statements in
accordance with accounting principles generally accepted in the United States of
America, and that receipts and expenditures of the Company are being made only
in accordance with authorizations of management and directors of the Company;
and (3) provide reasonable assurance regarding prevention or timely detection of
unauthorized acquisition, use, or disposition of the Company's assets that could
have a material effect on the financial statements.



                                                                              18

<PAGE>


Because of its inherent limitations, internal controls over financial reporting
may not prevent or detect misstatements. All internal control systems, no matter
how well designed, have inherent limitations, including the possibility of human
error and the circumvention of overriding controls. Accordingly, even effective
internal control over financial reporting can provide only reasonable assurance
with respect to financial statement preparation. Also, projections of any
evaluation of effectiveness to future periods are subject to the risk that
controls may become inadequate because of changes in conditions, or that the
degree of compliance with the policies or procedures may deteriorate.

Our management made an internal assessment of the effectiveness of our internal
control over financial reporting as of 12/31/2007. In making this assessment, it
used the experience of the President and CEO. Based on this evaluation, our
management concluded that the internal control is ineffective since there is a
material weakness in our internal control over financial reporting. A material
weakness is a deficiency, or a combination of control deficiencies, in internal
control over financial reporting such that there is a reasonable possibility
that a material misstatement of the Company's annual or interim financial
statements will not be prevented or detected on a timely basis.

The material weakness relates to the lack of segregation of duties in financial
reporting, as our financial reporting and all accounting functions are performed
by the President and CEO with no oversight by another internal professional with
accounting expertise. Our President does possess accounting expertise but our
company does not have an audit committee. This weakness is due to the company's
lack of working capital to hire additional staff. To remedy this material
weakness, we intend to raise additional capital to engage another internal
accountant to assist with financial reporting as soon as our finances will
allow.

This annual report does not include an attestation report of our registered
public accounting firm regarding internal control over financial reporting.
Management's report was not subject to attestation by our registered public
accounting firm pursuant to temporary rules of the Securities and Exchange
Commission that permit us to provide only management's report in this annual
report.



                                    PART III

Item 10. Directors, Executive Officers, and Corporate Governance
----------------------------------------------------------------

The following table sets forth the names and ages of the member(s) of our Board
of Directors and our executive officers and the positions held by each.
<TABLE>
<CAPTION>
<S>                                                                    <C>

                   Name                                Age                                           Position
--------------------------------------------      ---------------      ------------------------------------------------------------
Wayne A. Doss                                          56              President, chief executive officer and director

</TABLE>

Mr. Doss was elected as president, chief executive officer and director in
October 2007.

Set forth below are descriptions of the background of the executive officer and
director of the Company and principal occupations for the past five years:

Wayne A. Doss was elected as president, chief executive officer and director of
Nova Natural Resources Corporation in October 2007 and has acted in a consultant
capacity since 2003. Before being elected as president, chief executive officer
and director of Nova Mr. Doss was a business consultant for several Public
Companies. Mr. Doss was the President and CEO of Keller Industries and Keller
Ladders from 1989 to 2000, until the unit was sold. Keller was a 250,000,000
building products company with over 4,000 employees.

The President and Chief Executive Officer was appointed by the Board of
Directors and holds office at the discretion of the Board.

None of the officers or Board member(s) has been involved in any bankruptcy
petition filed by or against any business of which they were a general partner
or executive officer, either at the time of the bankruptcy or within two years
prior to that time.

None of the officers or Board member(s) has any conviction in a criminal
proceeding or is subject to a pending criminal proceeding.

None of the officers or Board members is subject to any order, judgment or
decree, not subsequently reversed, suspended or vacated, of any court of
competent jurisdiction, permanently or temporarily enjoining, barring,
suspending or otherwise limiting his involvement in any type of business,
securities or banking activities.

None of the officers or Board members have been found by a court of competent
jurisdiction (in a civil action), the Commission or the Commodity Futures
Trading Commission to have violated a federal or state securities or commodities
law.

Section 16(a) Beneficial Ownership Reporting Compliance

Section 16(a) of the Exchange Act requires our officers and directors and
persons who own more than 10% of a registered class of our equity securities, to
file reports of ownership and changes in ownership of equity securities of Nova
with the SEC. Officers, directors and greater than 10% stockholders are required
by the SEC regulations to furnish us with copies of all Section 16(a) forms that
they file.

 Mr. Wayne Doss has not filed Form 4 Statement of Changes in Beneficial
Ownership but his holdings are reflected in this filing.

                                                                              19


<PAGE>

Code of Ethics

The Board of Directors adopted a Code of Business Conduct and Ethics applicable
to all of our directors, officers and employees, including our CEO and senior
officers. A copy of our Code of Ethics is attached hereto as an Exhibit 14.
Shareholders may also request a copy of the Code of Ethics from:

           Nova Natural Resources Corporation
           Attention:  Investor Relations
           2000 NE 22nd Street
           Wilton Manors, Fl. 33305


Board Meetings and Committees

On March 15, 2007 the shareholders of Nova Natural Resources Corp., by majority
consent accepted the resignation of the sole Director and Officer of the Company
Mr. Chris Tse, appointed Mr. David Putnam as the President & CEO and Chief
Financial Officer of the Company, and appointed Mr. Nick Laroche as a Company
Director. Mr. Putnam currently resides in Toronto, Ontario, therefore the
Company executive offices are in the process of being relocated to Toronto,
Ontario. This action was taken by the Shareholders of the Corporation by a vote,
or concurrence of the majority of the outstanding shares. This action was
approved in excess of the two third majority as required by Colorado Law and the
Company Articles of Incorporation.

On March 31, 2007 the newly appointed Board of Directors approved the
appointment of Mr. Putnam as the Company President & CEO and the majority
consent in reference to the appointment of the new Directors, Mr. Putnam and Mr.
Laroche. The New Board of Directors approved the issuance of 2,500,000 shares of
rule144 restricted common stock for each of it new Directors. The Board of
directors authorized the President to proceed with the acquisition of the Lotta
Minutes Prepaid Calling Card transaction after reviewing the Executive Summary.
The Board authorized the President to proceed with securing the rights and
privileges in an asset acquisition structure whereby Nova Natural Resources
would acquire 100% of said rights and privileges. The President was authorized
to issue up to ten million (10,000,000) shares of Nova Natural Resources Rule
144 Restricted Common Shares and up to $500,000.00 (with the condition the funds
would be paid based upon a future funding or once the company has adequate
working capital) to secure rights.

On April 15, 2007 the Board approved the Lotta Minutes Pre-Paid Calling Card
transaction and authorized the President to issue ten million (10,000,000)
shares of Nova Natural Resources Rule 144 Restricted Common Stock to Glen Simon
for 100% of 2133185 Ontario Inc., for all rights and privileges concerning the
Lotta Minutes deal as defined in the Lotta Minutes Executive Summary and
documentation.

On April 30, 2007 the Board approved the consulting contracts with two outside
consultants to assist the company in its new venture. The consultants, Mr.
Aluwahlia and Mr. Wendlegoed will each receive 2,500,000 shares of rule 144
Restricted Common Stock at .01 for said services.

On October 1, 2007 the Company cancelled the Lotta Minutes deal for non
performance of the acquisition agreement terms, ten million (10,000,000) shares
were authorized to be issued in conjunction with the closing of the deal, the
shares were never issued and the board of directors cancelled the authorization
to issue said shares and the five million (5,000,000) shares for the consultants
associated with the Lotta Minutes Deal.


                                                                              20


<PAGE>


Audit Committee

We currently do not have an Audit Committee, the Board currently handles the
duties of the Audit Committee. The Company does not believe that not having an
Audit Committee will have any adverse effect on its financial statements, based
upon current operations. Management will assess whether an Audit Committee may
be necessary in the future.

Item 11. Executive Compensation
-------------------------------

The President, Chief Executive Officer and Director has not received cash
compensation for our last fiscal year. There have been no annuity, pension or
retirement benefits ever paid to our officers or directors. We currently do not
have an employment agreement with the President, Chief Executive Officer and
Sole Director.

Summary Compensation Table

The following table shows the compensation for the fiscal year ended December
31, 2008 earned by the President, Chief Executive Officer and Director:

<TABLE>
<CAPTION>
<S>                                                                    <C>        <C>    <C>     <C>         <C>            <C>

                              Fiscal                                     Stock                          All Other
Name and Principle Position   Year                                      Awards          Option        Compensation ($)
                              Ended      Salary ($)     Bonus ($)        ($)(1)       Awards ($)\                          Total ($)
------------------------------------------------------------------------------------------------------------------------------------
Wayne A. Doss (as)             2008     $       0      $      0       $  10,000    $       0        $          0         $   10,000
President, Chief Executive
Officer
                               2007     $       0      $      0       $  12,500    $       0        $          0         $   12,500
</TABLE>

Item 12.  Security Ownership of Certain Beneficial Owners and Management and
Related Stockholder Matters.
----------------------------------------------------------------------------

The following table sets forth information regarding the ownership of our common
stock as of December 31, 2008 by: (i) each Director; (ii) each of the Named
Executives Officers in the Summary Compensation Table; (iii) all Executive
Officers and Directors of the Company as a group and (iv) all those known by us
to be beneficial owners of more than five percent of our common stock. As of
December 31, 2008, there are 5,021,764 shares of common stock outstanding.


<TABLE>
<CAPTION>
<S>                                                                              <C>                                    <C>

Title Of Class                      Name and Beneficial Owner          Amount and Nature of Beneficial    Percent of Class
                                                                       Owner
-----------------------------------------------------------------------------------------------------------------------------------
Common Stock                         Wayne Doss                                    2,430,000                             48.4
Common Stock                         Shawn Leon                                     475,000                              9.5
Common Stock                         Ed Blasiak                                     475,000                              9.5
Common Stock                         Robert Salna                                   400,000                               8

</TABLE>


Item 13. Certain Relationships and Related Transactions
-------------------------------------------------------

None


                                                                              21

<PAGE>


Item 14. Principal Accountant Fees and Services
-----------------------------------------------

In January 2002, the Company's Board engaged Eddy S.L. Chin Chartered Accountant
as the independent accountant of the Company.

Fees that we paid to Eddy S.L. Chin Chartered Accountant for the fiscal year
ended December 31, 2008, fees paid for the fiscal year ended December 31, 2007
and December 31, 2006 are set forth below:

<TABLE>
<CAPTION>
<S>                                                                            <C>                  <C>                 <C>
-----------------------------------------------------------------------------------------------------------------------------------
                                                                             2008                2007                2006
Audit fees                                                             $         10,000    $         10,000    $         10,000
Tax fees                                                                                                  0                   0
All other fees                                                                                            0                   0
                                                                     --------------------------------------------------------------
                                                                       $         10,000    $         10,000    $         10,000
                                                                     ==============================================================
</TABLE>

Audit Fees

Audit fees were for professional services rendered for the audit of our annual
financial statements for the years ended December 31, 2008, 2007 and 2006.

Tax Fees

Nil fees were paid to auditors for tax compliance, tax advice or tax compliance
services during the fiscal years ended December 31, 2008, 2007and 2006.

All Other Fees

We did not incur any other fees billed by auditors for services rendered to our
Company, other than the services covered in "Audit Fees" for the fiscal years
ended December 31, 2008, 2007 and 2006.

                                     PART IV
                                     -------

ITEM 15.    EXHIBITS, FINANCIAL STATEMENT SCHEDULES.
---------------------------------------------------

Exhibit No.           Description


Exhibit 14            Code of Ethics
Exhibit 31.1          Section 302 Certification of the Chief Executive Officer

Exhibit 32.1          Certification of the Chief Executive Officer pursuant to
                      18 U.S.C. Section 1350, as adopted pursuant to Section 906
                      of the Sarbanes-Oxley Act of 2003



                                                                              22


Pursuant to the requirements of the Securities and Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.


                                                NOVA NATURAL RESOURCES CORP.
                                                ---------------------------
                                                Registrant

DATE:  March 30, 2009                           By:  /S/ Wayne A. Doss
                                                -------------------------------
                                                Wayne A. Doss
                                                President, CEO and CFO






                                                                              23