NSAV Holding Inc (NSAV)

[Major Profits]

Apparently, penny stock "Forward-Looking Statement/Safe Harbor" disclaimers are worthless.

http://www.sec.gov/Archives/edgar/data/1161582/000000000013069805/filename1.pdf

Form 10-K for the Year Ended December 31, 2012

Forward-Looking Statements, page 3

1. We note disclosure that certain statements are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These safe harbor provisions do not apply to statements made by penny stock issuers. In future filings, please remove the reference to the safe harbor provisions for the Private Securities Litigation Reform Act of 1995, as you appear to be an issuer of penny stock. See Section 27A(b)(1)(C) of the Securities Act, as amended and Section 21E(b)(1)(C) of the Exchange Act, as amended

And this, more recently:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=147575525

Replies:

Yes, that is correct.

Penny stocks are specifically excluded from the provisions of Safe Harbor. Whenever I see a penny stock issuer claiming safe harbor, especially in their PR's, I KNOW they either have no clue about securities regulations, or are intentionally trying to fool investors.

Either way, it is a MASSIVE red flag and demonstrates the company is almost certainly not worthy of investment.

https://www.law.cornell.edu/uscode/text/15/77z%E2%80%932

Go to (b)(1)(C)...

(C) issues penny stock