NSAV Holding Inc (NSAV)

[Until2020, formerly Until2017]

$NSAV Why you can't buy VRSI with its own revenue


( I don't have time for these lengthy posts, but this is
a good board with good people, so here goes. I work )


Posit a convenience store, or a DD ( Dunkin Donuts )
ora Mickey Dees in your neighborhood. OK ? ? ?


It's worth a million or a million-five. OK. And you want
BUY IT to pay for the acquisition with ITS OWN REVE-
NUE ? Still OK ! ! !


How do you do it ?


You go to the bank and get a commercial loan, for
about 70% of the value of the business. YOU MUST
PAY THE 30% DOWN PAYMENT YOURSELF.


ONCE YOU OWN THE CONVENIENCE STORE,
OR THE D.D. or the McD's, AND ONLY ONCE
YOU OWN IT -- CAN YOU USE THE STORE'S
REVENUE TO PAY OFF THE LOAN for the store.


( This is the same for buying a multi-unit dwelling.
You must qualify for the loan -- AND THEN PASS
PAPERS FIRST -- before you have access to the
rents from the other units to pay for the mortgage. )



This is Commercial Lending 101 -- or Business
School 101 or whatever you want to call it.


CLEARLY TILTON DOES NOT HAVE THE MONEY
TO BUY VRSI -- as he keeps insisting he will use
VRSI's own revenue to pay for the Company.


YES HE CAN, if and only if :

(1) He pays cash in full for VRSI ( but he cannot do that ,
as he says )
(2) He gets a commercial loan for VRSI, 30% down,
70% loan from a commercial lender ( but he says NO
DEBT )
(3) He issues umpteen billion NSAV shares ( equity
financing ) to the VRSI owners


Mr Tilton has ruled out the three options above, one
way or another. In his many tweets or other com-
munications.


He is either a Liar or a FooL, because, he must follow
the protocols I have outlined above.


This is simple stuff -- and anyone with an under-grad-
uate business degree gets it.


Either Mr. Tilton is a FooL and does not understand
basic business financing rules, or he is a Liar.


In the end I will be proven correct, because there is
no way around the financing protocols as I have des-
cribed them ( in somewhat simplified form ) above.


I am done for today, I have real work to do.


Please google commercial loans, commercial
finance and lending for business acquisition.


And then teach Mr. Tilton what you have learned.


I hope this helps


Until2017