Wednesday, December 08, 2021 5:18:09 PM
1. NSH assets in exchange for 75,000,000 NSI common shares;
2. 75,000,000 undistributable NSI common shares in exchange for 5,000,000 Series A Preferred Shares with right to convert 1:1 to NSI common shares; and
3. Shover sues NSI and the settlement agreement stipulates to the reason for and intent of NSI and NSH shareholders with regards to #'s 1 and 2 above. The ENTIRE COURT CASE was meant to effectuate what #'s 1 and 2 did not do because of applicable securities regulations.
The ONLY implication is that the Judge's order effectuates what was not allowed by the Securiteis laws. Now that Securities laws are inapplicable, the original reason for and intent of NSI and NSH in #'s 1 and 2 above are moot. If the transactions don't legally matter anymore, for purposes of NSH shareholders getting their 1:1 NSI shares, then how can they legally matter for anything else?
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