NSAV Holding Inc (NSAV)

[familyguy6]

It's the $20 million equity purchase agreement with Southridge Partners II LP from March, Saltrelli is basically driving his own stock into the ground because it looks like this attempt to drive the stock price up before the promo failed and he's trying his damnedest to get the discounted 9% shares over to Southridge to get as much money lined in his pockets so he can walk away!

You think he's going to use the money to build the company? LOL


On March 9, 2012 NSL entered into an Equity Purchase Agreement with Southridge Partners II, LP, a Delaware Limited Partnership (“Southridge”) whereas, the parties desire that, based upon the terms and subject to the conditions contained, to which the Parties have agreed, the Company shall issue and sell to Southridge, from time to time as provided herein, and Southridge shall purchase up to Twenty Million Dollars ($20,000,000) of its Common Stock at a purchase price of 91% (that represent a discount of 9%) of the Market Price on such date on which the Purchase Price is calculated in accordance with the terms and conditions of the agreement. Net Savings Link is not obligated to take down the entire $20,000,000