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Re: saladbar post# 46268

Friday, 03/20/2015 10:23:21 PM

Friday, March 20, 2015 10:23:21 PM

Post# of 222846
Great post, I like your approach and thinking. I like #1.

For #3 and 10 you are correct, but they are paying the CEO $150K/year and $68K has been accrued as owing to the CEO at year-end. I told IR this is too high given the current lack of cash and revenues at NSAV.

For #4 that was good to see and as long as the new notes with KBM Worldwide hold off, we should be okay.

For #9 and 12, I agree strongly as there are a lot of worse tickers out there that don't inspire confidence. This will take a bit longer but NSAV will build solid gains going forward.

#11 is what keeps my confidence high, I like their approach and the fact that they are going to encounter resistance and challenges because they are building value the right way through hard work and determination.

Nice post! Go NSAV!

Buy cautiously and sell reluctantly.