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#84106 RE: Calvin Hobbes #84104

You do not know what the lawyers told him.


He might have done it over and above their objections.
It happens.


THE LAW IS CLEAR, transferring debt to a bankrupt
subsidiary ( with no business operations, ever ) for
the express purpose of removing the debt from the
parent's books -- will be judged to be fraud.


((( There is no jail for such a fraudulent act as this,
The fraudulent conveyance of the debt will just be
canceled - - or
disallowed . )))




BTW, it is sad that one cannot comment on Mr. Tilton's
COMPLETE LACK OF VERIFIABLE ACCOMPLISHMENT
without people saying this, "good luck getting cheap
shares
."


I am honest, and I truthfully assess Mr. Tilton's failings.


I am not buying more shares, I have too many already.



Until2017


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#84118 RE: Calvin Hobbes #84104

$NSAV LAWYERs OPINION on the DEBT-SHUFFLE to Subsidiary


If someone out there ( there, not their, LOL ) has the
courage send Mr. Tilton this email, as written below :

===============================================

Mr. Tilton,

Would you please ask your lawyers to issue a public
advisory that the transfer of all debt to a bankrupt
and insolvent NSAV subsidiary
-- you know, the sub-
sidiary
WITH NO BUSINESS OPERATIONS AT ALL --
. . . . will the Lawyers issue a signed & public state-
ment that they advise this move and stand behind
it with the full faith of their Law Office
, 100% ?

Signed,
Concerned ShareHolder


===============================================

They won't issue such a statement because this is
right at the edge of legality ( the wrong side ) & will
FAIL A LEGAL CHALLENGE BY THE CREDITORS !


You can't just bury debt and move it from the debtor - -
to another party, hiding it from the note-holder/owner.
.. Which defrauds the creditors.


The Lawyers/ Law Firm will not issue a public state-
ment saying that they are behind this FRAUDULENT
DEBT-CONVEYANCE to the SUBSIDIARY, 100%.


NO THEY WON'T ! ! !



Until2017