Amazing message from Kevin, CEO!
As many of you have noticed, our stock has experienced a significant decline over the past few days. I want to assure you that the entire team and I are working diligently to address the current challenges and resolve any issues that have contributed to this situation.
The fundamentals of our company remain outstanding. Our revenue and asset base are at an all-time high. Unfortunately, the cleanup process is lengthy and requires resilience in the face of market volatility. Previous funders, marketers, acquisitions, and minority investments have eroded the company's cap table, and we are working diligently to rectify this.
On Tuesday, our team met with Colorado counsel, who is now preparing to file Temporary Restraining Orders (TROs) against parties attempting to cause further damage. These are individuals who either never paid for their stock or violated the terms of their agreements with the company. We have ordered the most recent NOBO (Non-Objecting Beneficial Owners) list to validate which parties are acting in good faith and which ones have violated their agreements by selling their shares. According to counsel, this could potentially block between 1 billion and 3 billion NSAV shares.
We strongly believe in the NSAV vision. Despite these significant challenges, we are committed to making this project an enormous success. We understand that this journey requires patience and trust in the process. If you share our belief in the project's future, we ask for your continued support during this time.
I personally want to thank you for standing by NSAV during this very trying period. Your understanding and continued support are greatly appreciated.
Best regards,
Kevin Simon
CEO, NSAV
