NSAV Holding Inc (NSAV)

[MNK3240]

A couple of months before, JT mentioned in a tweet that there are hundreds of projects in the works referring to a question whether NSAV and CHIF will have contradictions. At the time, i thought seriously hundreds of projects, i thought he was joking. Now i see it was not a joke. They’re going for stakes like we buy shares in 50 different companies.

Don’t know about others but i don’t like this business model, ultimately it will not do any good for NSAV. Buying stakes in private companies which are not listed, don’t pay dividends, can’t sell their shares in open market, not sure what NSAV will get out of all these investments.

Wish JT would go for one full crypto company like VirtuaBroker or something else that would be our own and would rise and fall with that. But small stakes will fade over time because NSAV will not be any part of management or profitability anytime soon.