NSAV Holding Inc (NSAV)

[DCorleone]

Important to Understand HOW NSAV DOES BUSINESS. Using same MO with NSAV. Take away NSAV CEO Twitter account and what do you really have...

Same Story, a decade LATER by NSAV CEO

Dear James:

You proposed that Tianrong acquire two Canadian companies,
International Construction Technology Canada and API Canada, and suggested that
we act quickly and close on these entities as soon as possible, preferably by
the end of this week or early next week. However, you have failed to respond in
a meaningful way to my repeated requests for information and due diligence,
including audited financial statements and business plans on those companies.

On the basis of the limited information available to me, API and its
daughter company in China are not active in pre-engineered buildings, but are
instead presently involved in the food industry, hardly an obvious match with
Tianrong. Moreover, while International Construction Technology Canada is active
in the building materials industry in Canada, in my opinion their technology has
not been properly evaluated. Therefore, I don't see how the board of directors
of Tianrong, if it is to act in a responsible manner, can proceed with these
acquisitions, which we have barely had the opportunity to discuss, let alone
evaluate.

I now understand that your urgency in wanting to close these
acquisitions so quickly stems from the fact that you and Ed Williamson wish to
persuade the Belgium broker Nedee and various investors in Tianrong that
Tianrong's stock price will likely rise as a result of public announcements of
these acquisitions, which would in turn allow them to liquidate their shares. Of
course, you must realize that I believe this is irresponsible and not in the
best interests of Tianrong and its shareholders. I further believe that this
suggests manipulation and may be in violation of securities laws. I will have no
part of such a scheme.

Moreover, I hesitate to place any trust in your representations in
light of the fact that a three-year business plan was developed and agreed upon
the Board of Directors of Tianrong at the company's inception, and no part of
that plan has since been implemented or accomplished.

Recently, and contrary to our written agreement, you and Williamson,
without my consent, have promoted both Tianrong and Omap through press releases,
using information that I believe is factually incorrect and misleading, and
should be corrected by prompt public statements and SEC filings, including a
reference to a possible shutdown or bankruptcy or Kohl if the funding repeatedly
promised by you and Williamson is not delivered immediately.

In light of these, and other actions taken by you, my colleagues and I
are sending you our resignations as officers and/or directors of Tianrong, a
company in which the ADS Group is still a major shareholder and into which I
have invested a tremendous amount of time as well as capital.