![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Wednesday, April 07, 2021 8:43:06 AM
Although they could change the articles of incorporation AGAIN, there is a recent change that blocks an RS for 5 years. But, the way to reduce the shares is to buy them back with profit. There SHOULD be some profit coming to NSAV with all these 'deals' that are on the horizon, and if that happens, the buy back should be highly desirable for NSAV, not just for shareholders, but to move up tiers as well hopefully to QX.
The previously mentioned buyback was to reduce OS by 80% if memory serves. That would drop it to around 1 B shares. If you take 4 B shares out of the float, the remaining shares will float up, just as in an RS.
One reason I have so many shares is that the buyback was announced in 2017, and I wanted to be part of that. His plan was to put the bought-back shares into some sort of an organization that would generate profit off the rising price of the remaining shares. We were supposed to get some of that profit, as NSAV shareholders.
It is instructive to go back and read all the 2017 filings and news releases. That will get everyone on board with how we got where we are today. What is happening today is much like 2017...it all sounded rosy, but none of it ever happened.
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM