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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1417663	Sanuwave Health Inc.	SNWV	Surgical & Medical Instruments & Apparatus (3841)	201176000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1503199	Jr. Nephi David Nemelka	2662 Stonebury Loop Rd. Springville UT 84663		No	No	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, $0.001 Par	Acquisiton	2012-11-27	4,000,000	$0.25	4,839,259	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock, $0.001 Par	605,000	Indirect	By McKinley Capital Inc. Roth 401(k) Plan
Common Stock, $0.001 Par	46,264	Indirect	By Tradeco Corp.
Common Stock, $0.001 Par	24,000	Indirect	By McKinley Enterprises, Inc. Profit Sharing Plan

Footnotes

The subject securities were acquired under a subscription agreement with the issuer which provides for the payment of the purchase price in installments with the final installment due on or before May 27, 2014. Following the payment of each installment the securities paid for with such installment will be issued to the reporting person.
These securities are owned by the Roth 401(k) Plan of McKinley Capital, Inc., a Utah corporation controlled by the reporting person.
These securities are owned by Tradeco Corp., a Utah corporation controlled by the reporting person.
These securities are owned by the Profit Sharing Plan of McKinley Enterprises, Inc., a Utah corporation controlled by the reporting person.