Friday, August 25, 2017 4:16:19 PM
or ANYTHING... so ACCRUED doesn't count. lmao
NSAV Holding, Inc.? @NSAV_MJTechCo Jul 25
More
As long as NSAV has a stop sign, I can't buy a share, sell a share, take a salary or anything. It makes no sense.
Knew that Statement was coming. It's the NSAV CEO's BIOGRAPHY.
3. Related Party Transactions
The Company accrued wages for its current President and CEO at a rate of $120,000 per year. As of
February 28, 2017 and November 30, 2016, the Company owed a total of $287,153 and $257,564,
respectively, to the current and predecessor President and CEO of the Company for back due wages.
Upon his taking over of the Company in January 2016, the Company began accruing $1,000 per month for
office rental and supplies from its President and CEO. As of February 28, 2017 and November 30, 2016,
there is $12,000 and $9,000 due under this arrangement, respectively.
The Problem: FAILURE by a CEO in PENNYLAND, is not only an Acceptable Practice, it REWARDS a CEO... It's much EASIER for CEO to make money selling Company shares, than Build a Company.
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