Here it is...NSAV..."Hello friends and shareholders,
First and foremost, I am handing you my hat in hand, with an apology for delays and let you know things are looking great. Fortunately being we are full SEC reporting we have to make sure all paperwork is fully compliant with Finra filings requirements.
We are working overtime to insure this is done properly the first time. We have learned from the past how paperwork can affect everything, like the DTC/CEDE transfer issues because of paperwork not being a filed in late 2012.
Yes this is the basic root cause for the brokerage clearing issue we have experienced.
We have found a great new partner in our relationship with Pacific Stock Transfer and their various assets of the well informed staff they employ.
Between Susanne, Brooks and Matt, we have located the source and solution to our DTC issues.
We are correcting those issues right now.
With Suzy's knowledge and skills, we now are filing all the correct paperwork and corporate actions with Finra, the SEC, DTC/CEDE and having Pacific file a form after that. This is a process that was just a matter of one or two forms not filed almost two years ago.
At the same time we are preparing a corporate action for Finra and Sec approval. This will move us toward news.
We are taking the extra time to insure that the news coming by midweek, all is correctly filed and vetted.
Between our great new partners and the boards great experience, we are insuring everything is filed correctly the first time.
I do know this is pushing the patience level, but all filings we make are audited.
We have to be audit compliant for the companies future and all filings brought on also have to be audited.
This vetting process is almost complete at this time and this us the last step for the two boards to move the LOI to a new company.
I have been promised and I am promising we will have news to share by Wednesday 1/28 or sooner.
I can tell you, I am so ready to share but, I can not till all is legal.
Below is an earlier email I wrote one frustrated night and I had to resend it tonight.
Thank you from Steven Baritz, Leonardo Genovese and myself for enduring this painfully seeming long process toward building long term revenues for equity."
David Pecoraro
NSAV Net Savings and Global Distribution
814-418-6648
