The companies James Tilton is associated with:
Net Savings Link - NSAV
China Food and Beverage - CHIF
Lvyuan Green Building Material Technology - LVYN
Tianrong Internet Products and Services, Inc. - TIPS Last Filing - 9/2022
Tianrong Med Group, Inc. - TNMD
At one time, JT was CEO of each of these companies. Now he is CEO of only TIPS and TNMD.
All use the same accounting firm, and the same lawyer, and have the same address. Most use SBC and Tg Equity, and Wong is involved in some of them. These companies are predominantly Chinese, but are OTC stocks.
JT (NSAV and CHIF) is being sued by Vik Grover. JT has been actively extricating himself from CHIF and NSAV. Now we know why.
"On December 2, 2021, Vikram P. Grover, an alleged former employee and consultant of an affiliated company, Net
Savings Link, Inc. (NSAV), filed a lawsuit against the Company in the United States District Court, Northern District of
Illinois. Mr. Grover alleges lost wages, compensation, damages and accrued interest. The Company denies the
allegations and intends to mount a vigorous defense against Mr. Grover's claims. None of the Company’s current officers
and directors were involved in the alleged hiring of Mr. Grover. The Company and Mr. Grover are presently in settlement
negotiations through their respective attorneys." (Actually, Vik is no longer settling.)
"I've instructed counsel to cease settlement talks w/all defendants on my case & demand the books & control of the company or companies incl. $CHIF; audit firm Wilton also a defendant and CEO trying to leave a shell in the UK in his wake; **NOT GOING AWAY**"
It appears to me that NSAV has a rocky future ahead.
