Thursday, December 27, 2018 7:57:25 AM
Shareholders post the TA share counts almost everyday. The last free trading shares to be issued were in December 2017 to KBM, due to the convertible notes ($240K) issued by the former CEO and long before my time. I tried a Delaware 251g reorganization to wipe out KBM's debt, which is legal, but the TA wouldn't accept it and froze the account. After I exhausted all legal means for almost a year, I allowed KBM to convert. To be fair, KBM did pay the $240K to NSAV in 2014.
Except for conversions caused by the former CEO, I have never issued or allowed to be issued a single free trading share or caused a single free trading share to hit the float since I took over in January 2016. This can be seen in the TA share counts and our OTC filings. This is full transparency.
I agree on the 8-K.
I have issued restricted shares with two year holding periods, such as the 10% NSAV restricted stock dividend on June 1, 2017. All restricted stock issuance's can be found in the current NSAV company information statement on the OTC market website.
I (we) are very lucky to have the singer, his agent, the record label, the brewery and the rest of the team in Louisiana and for MJCoin, to work for restricted shares (at market value for the most part) with the 2 year holding period. Very few would do that. They do it because they believe in my vision, as do I.
I will release and 8-K when the 700 million or so shares are back in our treasury. Hopefully soon. I am trying to make the best deal I can for NSAV and use preferred shares to do it, as cash is tight.
All of this I have previously tweeted and PR'd.
Thanks.
James
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