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Re: mfaphoto post# 208667

Tuesday, 10/25/2022 10:06:32 AM

Tuesday, October 25, 2022 10:06:32 AM

Post# of 220402
We'll see. NSAV is a holding company, which means it 'owns' all or a part of the companies it deals with. If each company keeps its own books, and continues to operate as an independent company, then the 'revenue' of each company won't show up as NSAV revenue. Each of those companies must keep its doors open by performing whatever business it is in.
At some point, if there is profit, THAT profit will be shared with NSAV, depending on the percentage of the company 'owned'. It will soon become obvious - I seriously doubt that you will see any of NSAV's 'holdings' revenue show up in NSAV's filings. FY2022, due in March, should tell the tale.