WWA Group, Inc. was engaged in the medical device business. On August 8, 2003, the Company acquired World Wide Auctioneers Ltd., an international equipment auction company based in the United Arab Emirates that holds unreserved auctions for the sale of construction, industrial and transportation equipment on a consignment basis. The name of the Company was subsequently changed from NovaMed, Inc. to WWA Group, Inc. to reflect the acquisition and the new business focus. The Company operates in Jebel Ali, Dubai, United Arab Emirates under a trade license from the Jebel Ali Free Zone Authority. Its operations primarily consist of the auctioning of used and new heavy construction equipment, transportation equipment and marine equipment, the majority of which is on a consignment basis.