NSAV Holding Inc (NSAV)

[Myth]

As of Sept 8th....SCHEDULE 14 C - REVISED

As of September 8, 2014, we have 723,851,218 shares of common stock issued and outstanding and 1,500,000 shares of Series A preferred stock outstanding. Each share of Series A preferred stock had 1,000 votes. How many are left ? No worries, they won't run out....lolol

http://www.sec.gov/Archives/edgar/data/1432176/000100201414000502/nsavsch14ca1-pre.htm


I don't know why this was included in the revised filing..

Effect of the Increase in Authorized Shares of Common Stock

Following the increase in authorized shares of common stock, we will have the corporate authority to issue 4,276,148,782 additional shares of common stock. 50,000,000 of these shares have been designated to be issued under our 2012 Non-Qualified Stock Option Plan thereby leaving 4,226,148,782 shares of common stock available for issuance. These shares may be issued without stockholder approval at any time, in the sole discretion of our board of directors. The authorized and unissued shares may be issued for cash, to acquire property or for any other purpose that is deemed in the best interests of our company. Any decision to issue additional shares will reduce the percentage of our stockholders' equity held by our current stockholders and could dilute our net tangible book value. We have no immediate plans, proposals or arrangements, written or otherwise, to use these authorized and unissued shares of common stock other than to issue the same upon the conversion of certain outstanding promissory to shares of common stock.