Followers | 329 |
Posts | 10470 |
Boards Moderated | 1 |
Alias Born | 06/11/2010 |
![](https://investorshub.advfn.com/uicon/207033.png?cb=1494451946)
Monday, May 08, 2017 12:01:26 PM
CRESCO, PA -- (Marketwired) -- 03/24/17 -- Net Savings Link, Inc. (OTC: NSAV) announced today that the Company has approved a 2.5 billion reduction of its authorized shares. The Company took this action after lengthy consultation with its attorneys, investment bankers and advisers, in order to ensure that the amount of the share reduction benefits all NSAV shareholders, while still allowing the Company to grow and make acquisitions. The Company wants to reassure all of its shareholders that no substantial dilution of its shares has taken place or will take place and that NSAV is not planning or even considering a reverse split of its shares.
The Company also announced that an additional 2.5 billion of its authorized shares have been placed on hold for possible cancellation. The Company wants to ensure that the amount of authorized shares will enable NSAV to fulfill its business plan and, in time, pay a substantial share dividend to its shareholders.
Below we see that he did not promise to make all acquisitions with profits as obviously anyone with a brain can figure out he said....
Further, although the Company's business model is growth by acquisition, the desire of NSAV is not to dilute its shareholders when making acquisitions. The Company's vision is to pay for its acquisitions out of the earnings of the companies it acquires.
I bet we see it soon in an up coming 8-k.
Price is what you pay. Value is what you get.
Warren Buffett
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM