“I want every NSAV shareholder to imagine what the Company could do with $20 million and how many acquisitions it could make with that. If by issuing 1 share for an acquisition, the value returned is equal to 5 shares, that is not dilution, but enhancement of shareholder value.”
“That is why we did the Reg A offering. To build the Company. There is nothing wrong with that. The SEC allows companies to raise up to $20 million per year with a Reg A offering. NSAV can do great things with $20 million.”
“Many of NSAV's investments and acquisitions will require common stock and not preferred stock. That is reality. Generally, the common stock, like the preferred B stock. will be restricted for 2 years. This is also great for all loyal NSAV shareholders.”
“Now, many of you ask, why did NSAV have to do a Reg A offering? The answer is simple. Not every deal can be had by paying with Restricted Preferred B shares. It just isn't possible. VirtuaBroker virtuabroker.com was an all cash deal. There will be many more all cash deals.”
Not sure why JT posted 80-mil were being registered,
Perhaps he mis-tweeted or he's just dyslexic and not that it matters much in any way in any count, they registered 90,173,706 shares.
And I'm still curious when he's planning on issuing all those Series B Preferred he's been tweeting about being issued as payment for all his acquisitions.
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