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Re: carlson post# 150364

Saturday, 05/29/2021 7:21:03 AM

Saturday, May 29, 2021 7:21:03 AM

Post# of 221122
As if they had a cash stash...haven't you read the fins? Seriously in debt.
As of March 31 2021, company has accumulated a deficit of $3,294,561 and a working capital deficit of $1,011,070. That's over $4M total.
The last 80M shares remaining in the 6B authorized shares, if sold at today's price, would bring in $1.2M. That would still leave them in debt $2M+.
The ONLY thing that is going to help fix that problem is to start making money, lots of it. That will only happen if the companies it is holding an interest in begin to turn a profit themselves. NSAV will then get a cut of the profit. We don't know the financial conditions of any of those companies, because they are private companies.
So, we can hope, and that is about it.