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Re: mfaphoto post# 143325

Wednesday, 04/07/2021 8:43:06 AM

Wednesday, April 07, 2021 8:43:06 AM

Post# of 221122
A reverse split is out of the question.
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.