It was also great that Singapore business magnate and Senior Vice President of NSAV, made his first public statement on behalf of the Company. Many of you posted links to the huge Malaysian project that he is the founder of, World Glove City. worldglovescity.com https://twitter.com/nsavtech/status/1402218436323954688?s=21
Mr. Desmond Dato' Sri Lim, Senior Vice President of NSAV and a partner at Silverbear Capital stated, “We believe communication between the investors and the regulators are an important aspect going forward within the blockchain industry."https://twitter.com/nsavtech/status/1402219358298980352?s=21
Desmond went on to state, "Being a regulated Asset Management company is an important step to be successful in this business and I am confident that this will be become the major trend for this industry within the coming months.”https://twitter.com/nsavtech/status/1402219788898799620?s=21
On Friday, when Eric Ma, our new Vice President of Decentralized Finance (DeFi) were Tweeting, it was stated that the manager of the Virtual Asset Management company would be disclosed yesterday and that they would be familiar to NSAV shareholders. https://twitter.com/nsavtech/status/1402221567585701888?s=21
We had assumed that most of you would suspect that the manager of the Virtual Asset Management company that I was referring to was Silverbear Capital Inc. and that would please everyone, as they are highly qualified for the position. https://twitter.com/nsavtech/status/1402222405230153731?s=21
As was confirmed in yesterday's press release, Silverbear Capital will be in charge of the Virtual Asset Management company, but tecnically and legally, they cannot be called manager, as the manager must be a person and not a company and a licensed person as well. https://twitter.com/nsavtech/status/1402223033792839682?s=21
As was also stated in yesterday's press release, Silverbear Capital will be appointing the manager of the Virtual Asset Management Company by the end of the month. This person will be licensed by the Hong Kong Securities and Futures Commission, as per Hong Kong law. https://twitter.com/nsavtech/status/1402223762989371394?s=21
It is very likely that the manager of NSAV's Virtual Asset Management company will come from Silverbear Capital's already great team of partners and senior executives. sbcfinancialgroup.com.hk/meet-our-team/https://twitter.com/nsavtech/status/1402224641633103873?s=21
However, it is also possible that Silverbear Capital will go outside of their Investment Banking firm to find the most qualified person for the Virtual Asset Management company. Either way, great news for all NSAV shareholders. https://twitter.com/nsavtech/status/1402225306803621891?s=21
Just two additional items for this morning. The teams at NSAV and Silverbear capital have just approved the final Mockup for NSAV's new corporate website and personally, I believe it's amazing and as good or better than anything you will see on the OTC Market. https://twitter.com/nsavtech/status/1402226551018639361?s=21
Finally, when it comes to business development, acquisitions, partnerships, joint-ventures and strategic investments, there is not a moment's rest or a minute to waste at the NEW NSAV. We will have material news on our next acquisition later this week. https://twitter.com/nsavtech/status/1402228044274753538?s=21
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