Tuesday, September 27, 2022 8:10:21 AM
Good Morning NSAV shareholders. Just a brief update for you. https://twitter.com/nsavtech/status/1574700863716982784?s=46&t=ijgD-G4wLNe_JBOmNVgd0g
But first, it appears that there were some tweets yesterday regarding NSAV's stake in cryptocurrency trading broker, Virtua Broker Ltd. virtuabroker.com . To clarify, NSAV owns a 10% stake in Virtua Broker, for which we paid $60,000. cash in early 2021. https://twitter.com/nsavtech/status/1574702482730930177?s=46&t=ijgD-G4wLNe_JBOmNVgd0g
https://virtuabroker.com/
NSAV's purchase of a 10% stake in Virtua Broker is disclosed in our current OTC Markets filings and all previous filings since the transaction occurred. https://twitter.com/nsavtech/status/1574703357184221185?s=46&t=ijgD-G4wLNe_JBOmNVgd0g
Now for an update on NSAV's proposed purchase of a Centralized Cryptocurrency Exchange (CEX). Yesterday, we had a one hour conference call with the CEX management, SRAX and our investment banker, MD Global Partners. The call went very well. https://twitter.com/nsavtech/status/1574704813597954048?s=46&t=ijgD-G4wLNe_JBOmNVgd0g
All of the terms of the acquisition of the CEX by NSAV have been agreed to by both parties and we expect the formal term sheet to be signed today. This will be followed by the definitive acquisition agreement shortly thereafter. https://twitter.com/nsavtech/status/1574705951097212928?s=46&t=ijgD-G4wLNe_JBOmNVgd0g
NSAV will update shareholders on the status of the CEX acquisition later today. https://twitter.com/nsavtech/status/1574706388156051457?s=46&t=ijgD-G4wLNe_JBOmNVgd0g
Finally, we will be meeting with the SRAX social media team later today. As previously stated, SRAX will be taking over all social media for NSAV, including Twitter. We anticipate this transition to occur next week, at the latest. Thank you. https://twitter.com/nsavtech/status/1574707322592821248?s=46&t=ijgD-G4wLNe_JBOmNVgd0g
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