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Re: bluefish1 post# 170271

Thursday, 08/12/2021 3:21:06 PM

Thursday, August 12, 2021 3:21:06 PM

Post# of 220334
It's not bull but I can see why some HOPE it is.

For starters, is a lawyer really needed? I ask because Tilton/NSAV/CHIF apparently didn't have one the FIRST time Jake sued them as Tilton/NSAV/CHIF defaulted. But why default and not fight Jake in court? Well, I have my own theory about that and it's based on this:

Net Savings Link, Inc. / China Food & Beverage Co.
@NSAV_MJTechCo·
Feb 22
$NSAV $CHIF I have just sent the following Email regarding my concerns of potential security fraud & requesting the resignations of company offers & directors immediately named in the email pending an investigation of potential securities fraud

https://investorshub.advfn.com/uimage/uploads/2020/5/1/okzfdJake_demands_resignations_photo.jpg


Jake was in a unique position, as new NSAV CEO, where he could actually see the records that were kept by Tilton. And it seems to me that Jake didn't like what he saw. I mean, why else tweet the above? And there's also this:

Net Savings Link, Inc. / China Food & Beverage Co.
@NSAV_MJTechCo·
Feb 22
$NSAV $CHIF Hello Sir, It is much more then Firing, I currently have Suspicions of Insider trading, Material misstatement or omission in a company's public filings or financial statements, or a failure to file, Manipulation of a security, & Fraudulent investment scheme, + more


So NSAV defaults, and IMO, defaults because Tilton is afraid of discovery. That is, his records possibly become made public. (Again, JUST MY THEORY!!) and after the default Jake settles with Tilton/NSAV/CHIF for a tad over $2 1/2 million. But instead of cash they work out a settlement and Jake is given a ton of shares instead (I forgot how many and it really doesn't matter here). I guess a lawyer might be needed, or desired, to work out the settlement.

So, that lawsuit was settled and everyone moved on. Well, until Jake tried to sell some and couldn't as the shares that were given to him were, apparently, restricted! frown (And not unlike the 2017 NSAV dividends given to shareholders!) So that Jake couldn't trade them must have pissed him off. "HAHAHAHAHA!!!" according to some, perhaps even Tilton. But I do believe that is the basis of THIS lawsuit. And there was this in one of Jake's recent tweets:

Jake P. Noch
@Jake_P_Noch
“Keep that same energy” in Court, if you don’t resign from $NSAV by Thursday. Again $NSAV Does Not Have Errors & Omissions insurance. [underlining mine for emphasis].
https://pbs.twimg.com/media/E8esEUFWEAQ8tfF?format=jpg&name=small
8:24 PM · Aug 10, 2021·Twitter for iPhone


What? "Again $NSAV Does Not Have Errors & Omissions insurance." That might be the key here, agains just speculating! But, indeed, did Tilton tell Jake he couldn't trade the shares he received in the settlement? Did Tilton screw up by OMITTING that fact? Anyhow, it appears that Jake's lawsuit has STILL not been answered and that Tilton/NSAV/Posner retained a lawyer to just put things off. Well, if this is anything to go by:

Jake P. Noch
@Jake_P_Noch
$NSAV Still hasn't replied - They asked for another Delay - September 3, 2021
3:00 PM · Aug 11, 2021·Twitter Web App


So gawd only knows what will happen on or around Sept. 3. But the thing is this. I don't think Jake will accept shares as a settlement THIS time as he did the last time. You know, "Once bitten, twice shy". wink So, if Tilton/NSAV/Posner default (or lose at trial) and if Jake won't settle for SHARES again might not this lawsuit, POSSIBLY, put NSAV out of business?? Well, I dunno, but it seems plausible to me.

gl2u!

P.S. I have no idea about those "80 something million shares".

My posts are just my OPINION(S) and MUSINGS at the time of posting them and are subject to change.