Replies to post #141778 on NSAV Holding Inc (NSAV)

[Major Profits]

Totally agree. But I think this is about something NEW. Like a BREACH perhaps? I dunno what Posner (who IS he?) and Tilton could have done for a threaten lawsuit by Jake holding them liable. Liable for what?

I dunno.

[stervc]

scoobydooby0001, regarding that lawsuit thought...

That is how I was seeing things too. I'm not understanding the panic from investors with CHIF or NSAV. Even though CHIF and NSAV had acquired the rights (or options) to acquire a 20% stake in Sosa Entertainment, LLC. and a 20% stake in Pro Music Rights Distribution as indicated within the CHIF and NSAV PRs below, neither CHIF nor NSAV followed through on executing the deal:
https://www.otcmarkets.com/stock/CHIF/news/CHIF-ANNOUNCES-ACQUISITION?id=281698
https://www.otcmarkets.com/stock/NSAV/news/NSAV-ANNOUNCES-ACQUISITION?id=281699

Neither CHIF nor NSAV never completed or exercised those options to acquire a 20% stake in Sosa Entertainment, LLC. and a 20% stake in Pro Music Rights Distribution. Then those options expired.

I'm going to trust these guys:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=162485259
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=162485271

Unless I'm misinterpreting something wrong, it sounds like Jake Noch is pissed because he had some verbal commitment that some huge exercising of those options were going to take place, but Tilton had a change of heart for whatever reason and simply allowed them to expire. I'm sticking to what was released within the PR below in favor of CHIF and NSAV:

https://www.otcmarkets.com/stock/NSAV/news/NSAV-ANNOUNCES-SETTLEMENT-AGREEMENTS-WITH-PRO-MUSIC-RIGHTS-INC-AND-ITS-CEO?id=293676

NSAV ANNOUNCES SETTLEMENT AGREEMENTS WITH PRO MUSIC RIGHTS, INC. AND ITS CEO
Press Release | 03/15/2021

Net Savings Link, Inc. (OTC: NSAV), a cryptocurrency, blockchain and digital asset technology company, today announced that the Company has entered into settlement agreements with Pro Music Rights, Inc. (PMR) and its CEO, Jake P. Noch, in regards to a promissory note with the principal sum in the amount of $486,540,000.00, which was issued to PMR as part of a previous settlement agreement between the parties on November 20, 2020. The previous settlement agreement also gave NSAV the right to purchase options in two other companies affiliated with Mr. Noch. These options have since expired. Under the current settlement agreement, Mr. Noch was issued 56,363,107 restricted shares of NSAV common stock and acknowledged that the above referenced promissory note is deemed irrevocably cancelled.

v/r
Sterling