NSAV Holding Inc (NSAV)

[Until2020, formerly Until2017]

Yes, and only UNTIL the subsidiary declares bank-
ruptcy or defaults or becomes defunct.

THEN IT FLOWS BACK UP TO THE PARENT.


So the debt is -- IN REALITY -- still on the parent.


Just a JT word game, a play on words.


Designed to obfuscate and bewilder.


Until