Wednesday, August 04, 2021 11:25:48 AM
May I provide a different layer of DD for you NSAVers. Learn what you own and who you're dealing with. International clients have taught me to learn their culture, besides having a WESTERN viewpoint.
SBC is mostly Chinese, but this pertains to most Asian cultures. It's to have FACE or in the West, to SAVE FACE = REPUTATION. They already ran a very large NSAV PR campaign as you saw recently in the Asian Markets. They now have Chinese investors with NSAV, so they are going to protect FACE (with their business decisions).
Now that SBC is holding the reins, get to know them. DD helps dissolve what FUD is spread around. The OTC game will continue until uplisting. Remember, SBC is not here for pennies. Relax, Clock out, and check back in later.
“Face” is a term used and represents a metaphor for reputation; similar to the saying, “saving face.” In China, reputation and social standing is extremely important and businessmen are incredibly conscious about face. It is critical to avoid doing something which results in a loss of face."
https://intrepidsourcing.com/trade-wiki/chinese-business-culture-etiquette-for-saving-face/
and one more
https://www.thoughtco.com/face-culture-in-china-687428
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