NSAV Holding Inc (NSAV)

[Major Profits]

Sorry, but it doesn't add up! And I really hope that James clarifies the whole issue and doesn't leave his explanation open to interpretation. .

Look, imo, you do NOT "own" a house or property until it is paid off. If CHIF, or anyone else, actually OWNED it they would not have had to make payments to a lender on it would they? No!! And it is because of the missed (mortgage?) payments, PLUS interest, that SOMEBODY now has some $1,900,000 in debt concerning that property.

Hey, I like that place. It looked great. But, Naomi Village Resort seems to me to be in the process of being sold. That is what a foreclosure sale is. And I'm fairly certain it's getting close to that.

Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower, who has stopped making payments to the lender, by forcing the sale of the asset used as the collateral for the loan.

And, yes, this is still DD!!

$NSAV