NSAV Holding Inc (NSAV)

[Major Profits]

Methinks the share price is far more important, to some, than the possibility that some investors may have been scammed. SMH

To sum up, here's the latest from Vik on this:

Vik Grover
@vikpgrover
$NSAV mgt must stop blame game & look in mirror, there will be no settlement w/worthless stock, R parade is in order, resign-restate-restructure-refinance-reposition, settlement talks since Feb 2024 terminated, any fraudulent conveyance of assets to successors to be challenged.
10:38 AM · Dec 5, 2024

From the Receivers report:

In addition to his personal review, the common conclusion is that the $11 billion valuation is not based upon any actual market, and—with the exception of the AWH principal—all have indicated that the tokens themselves have red flags suggesting the possibility of fraud.

The only verifiable asset that the Temporary Receiver has been able to find is $43 in an NSAV business checking account.

...but the financial information in the Q2 Report is so unreliable and potentially fictitious that any issuance of shares would create a substantial risk of violations of federal and state securities laws.7 Although suspending current trading in NSAV is outside the authority of the Temporary Receiver, he will serve a copy of this publicly filed Initial Report on OTC Markets, Pacific, and the Securities and Exchange Commission (“SEC”).

...7 Whether any of the prior acts of NSAV, Tilton, Silverbear, or others constitute securities fraud or other violations of the securities laws of any jurisdiction, is beyond the scope of this Initial Report.

Afaic, I'd find it very disheartening if none of the three-letter agencies aren't already looking into matters here (the posted videos are enough by themselves to warrant a closer look into things, imo).

GLTS

$NSAV / James Tilton