Tuesday, April 04, 2017 4:16:30 PM
In 22 years in the public arena, that was the only issue I ever had with the SEC. It was strictly a civil matter and nothing more. The Globus Group and Mr. DeMarco were introduced to me by one of CHIF's board of directors, who resigned immediately after the story broke. He claimed to be an investor relations expert and acquisition specialist. As you can see, he was neither and he not only conned CHIF, but numerous other companies. Mr. DeMarco, not I, issued a couple of press releases, which spoke of funding by his group. He did the same to numerous other companies. Again and repeat, neither myself or CHIF was ever implicated in a criminal matter. CHIF never stopped trading and was a REAL $ 20 million brewery at the time. Now it owns the resort and spa. I was never banned or barred for being an officer and director of any public company. I have never also been deemed a "Bad Boy", a status that the SEC and FINRA gives to fraudsters and criminals.
Therefore, the concern that you an the other shareholders is nothing to be worried about. In addition, that matter was 17 years ago. This issue will also not affect NSAV and its growth in any way. I have the full confidence of the entire investment community, including broker dealers, investment bankers, major investor relations firms and investment groups/funds.
Thank you.
Kind Regards,
James A. Tilton
President
Net Savings Link, Inc.
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