NSAV Holding Inc (NSAV)

[shotsky]

Alternative reporting simply means that the financials are not filed with the SEC. It is an alternative method of filing financials only.
All other public company rules must be followed by any public company, ESPECIALLY with regard to any company action that can result if a share price change, as defined by the SEC in its list of Material Events. Form 8K is used to disclose these items, for every US public company.