NSAV, the Golden Ticket. You may be asking yourself, why would a successful business make a deal with little NSAV? Potential for the future? Not exactly. You see, a set of very unique events came together to position NSAV perfectly to benefit from them.
1. The former CEO's and Tilton registered NSAV as a US company. Tilton said his family happenes to own a small piece of land in Mountain Home. PA. He used that piece of land to domicile NSAV. So, NSAV is a US Company. That is very important.
2. Tilton set NSAV up as a Holding Company. This is very important too. It means NSAV can own or invest in virtully an unlimited number of companies, US or foreign based.
3. Under US immigration law, foreigners with high net wealth who invest in US businesses receive priority. It is called the EB-5 Green Card program. Under it, a person, and his family, are eligible if they invest a minimum of $1.8 million US. That has benefits for the US economy and unemployment.
4. Chinese Crypto companies are about to go bust! China recently enacted a policy banning all crypto except their own government crypto. There will be no crypto mining, no crypto tokens, no crypto exchanges. They will all cease to exist in China very soon.
5. Chinese crypto businesses and investors scrambling. This set up a situation whereby hundred, if not thousands of successful Chinese crypto investors are scrambling to save their businesses and wealth.
6. Along comes NSAV. NSAV, with it's domicile in the US offers the perfect solution. The businessmen and investors must give up majority ownership, but in return, they will receive permanent US residency status, and any children born in the US will be US citizens. Additionally, they will preserve, much if not all of their wealth. Call Tilton a scammer, a liar, or what have you, he set NSAV up as a holding company in the US which in the long term made this possible.
7. However, it wouldn't have happened without SBC. It appears they were looking for a dead US ticker that was also a holding company. It had to be both. And they could not set it up. It had to exist, be a company with American roots, and be ready to go. Probably no other company and ticker satisfied the requirements like NSAV. A year ago though, SBC could not know China was going to ban all crypto but their own. They wanted a way onto the US stock exchanges. NSAV was already there, be it practically worthless. No matter. SBC would fill it full of crypto businesses, thereby cashing in on the nascent US market. Peter Chun, President of SBC, and his executives picked right. As Yuen Wong, NSAV Director said, "they plan to build a sizable company", but not even he knew what China was going to do.
So, NSAV is the GOLDEN TICKET for any who invested early, those with large numbers of shares, Chinese crypto business owners and investors. It is the perfect place to be at this time. IMO
(The above is my interpretation of the situation. It was derived from a number of sources, such as news reports and knowledge of the US immigration system. They are strictly my own ideas. Use it for investment purposes at your own risk!
