InvestorsHub Logo
Followers 43
Posts 4611
Boards Moderated 0
Alias Born 02/09/2021

Re: None

Wednesday, 08/02/2023 10:01:41 AM

Wednesday, August 02, 2023 10:01:41 AM

Post# of 219399
So, TruSafe would be a wholly owned NSAV publically traded company and NSAV would be the majority shareholder. If TruSafe stock were to go way up, then that value would be reflected in NSAV's stock because it's assets would have increased. This is different from other companies NSAV owns a fraction of. With those, they are not publicly traded companies and we get a part of profits, which so far are zilch, it seems. With TruSafe stock, we would have instant value. So, say TruSafe stock is worth $100 million (It may not be worth nearly that), then you could add that to NSAV's assets and the share price would reflect that as soon as the IPO concluded.
Bullish
Bullish