NSAV Holding Inc (NSAV)

[Major Profits]

Yeah. But the sale of Naomi Village is going to be a hard pill for some to swallow. As it states in the plan itself:

Naomi Village (the "Company") provides property management services for the burgeoning medical marijuana industry in the United States. The Company plans to build a 20,000 square foot cultivation facility Crespo, PA in the next 6 months where medical cannabis has been deemed lawfully both State and Federal authorities.

The Company plans to enter into agreements with patients, caregivers and collectives in the Northern Pennsylvania region for the production of medical cannabis on behalf of these parties."

The Company's Business Plan calls for the initial construction of a state of the art cultivation center encompassing 20,000 square feet of cultivation and over 7,500 square feet for processing and research and development,."

But my fear is that if the new owners of Naomi Village have no such plans, marijuana related, NASV's "Grow Operation" is seriously in jeopardy. Well, at least the way it is stated in the "Grow Operation" Plan.

Until we find out more about the new owners this is all very much up in the air methinks. Don't even know if the new owners are working with them or, potentially, against them. In cahoots with them, or not? Eviction or not? rent to them or not? Maybe the new owners have their OWN plans for marijuana cultivation?

Then there is this that I came across during my DD.

http://www.philly.com/philly/blogs/real-time/Pot-jobs-may-be-coming-to-the-Poconos.html

Legal pot grower looks to the Poconos for growing facility
Updated: January 17, 2017 — 7:18 PM EST

A California company hopes to grow medical marijuana in Pocono Township.

The company, CannaMed of Thousand Oaks, has asked the Monroe County township's Board of Supervisors to clarify its zoning definitions to allow it to start up a processing operation, The Morning Call reported.

A company representative recently told supervisors the building, would be about 45,000 square feet and would grow the marijuana and process it into forms including pills and oils.

The company expects to employ between 30 to 50 people.

Medical marijuana became legal in Pennsylvania in April and state health department officials have been building regulations in anticipation of the industry's start up.

The Pennsylvania law does not allow the sale of marijuna in smokeable leaf form, and only permits prescriptions for cannabis-infused pills, oils, topical ointments, tinctures or liquids.

The state deadline for grow applications is in March. Growers are required to submit a non-refundable $10,000 application fee, a permit fee of $200,000, which is refundable if the permit is not granted; and proof of $2 million in capital with $500,000 that must be on deposit with a financial institution, PennLive.com said.

Twelve operations will be awarded licenses throughout the state.

JMOs

GLTA