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Tuesday, September 08, 2020 11:52:04 PM
Relaxing on the couch I suddenly had a worrisome feeling. It pertained to the following, posted elsewhere, concerning "Sneaky J" Tilton and his shenanigans:
Okay, first off. Here I was thinking the court case was about the use of the word "Tiger" in the "Tiger Hemp Beer" name. It might just be that "Notice of Opposition" was actually about the "Mark":"Get The Eye of The Tiger" instead. Or both. I'm actually confused but Heineken certainly seems to NOT want Tilton using the word "Tiger". (Do the DD yourself, I'm done even though I believe the court case is important).
Anyhow, with that out of the way, it suddenly dawned on me that NSAV isn't mentioned anywhere in the court case. Well, that I could find. And then I worried about what if "Hemp Beer, Inc." isn't really associated with NSAV? I'm thinking that because Tilton actually said he was going to spin-off HEMP BEER, INC. from NSAV.
https://www.nsavholdinginc.com/tiger-hemp-beer/
and,
Has ANYONE heard anything about the spin-off? Which makes me wonder if the court case has NOTHING to do with NSAV and EVERYTHING to do with HEMP BEER, INC. a different company(CONpany?). Meaning if HEMP BEER, INC. has already spun off from NSAV (no dividends yet) then I don't see how NSAV will benefit from ANYTHING that happens with that Heineken v Hemp Beer, Inc. court case. Well, other than the dividends. Which I think is BS seeing how we were given dividends over three years ago and to the best of my knowledge, they are still not tradable.
https://www.globenewswire.com/news-release/2017/03/31/1252637/0/en/NSAV-Announces-10-Dividend-To-Shareholders.html
Wow, it's been over THREE YEARS!
So what's another 20% in dividends if we can't ever trade them?
https://www.nsavholdinginc.com/nsav-announces-change-to-record-date-for-shareholder-dividend-from-hemp-beer-spin-off/
My point is, seeing how things work, couldn't "Sneaky J" just walk away from NSAV, then announce the Hemp Beer, Inc. spin-off, do the legal paperwork (if it hasn't been done already), authorize some SIX BILLION SHARES and then start selling them? We'd be screwed. (PESSIMISM sinking in ). Time will tell.
good luck
P.S. Wondering if it could be possible for "Sneaky J" Tilton to get listed in the GUINNESS BOOK OF WORLD RECORDS for "The CEO With The Most Worthless OTC Spin-Offs Ever" Record?
"Sneaky J" Tilton might actually be the KING at it.
My posts are JMOs and musings at the time of posting them.
WARNING: Buying my shares might be hazardous to your finances.
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