Replies to post #152457 on NSAV Holding Inc (NSAV)

[Major Profits]

Well, there is this info concerning Rule 144:

https://cleartrustonline.com/restrictions-and-legend-removals

Registered stock is a security that has been listed in a registration statement filed with and declared effective by the Securities and Exchange Commission (SEC). The SEC requires securities to be registered or meet an exemption to registration before it is sold on the open market.

Thankfully I don't have many of the 2017 dividends so others will have to figure that stuff out (or ask YOU. ;-)). I'm done with it.

Also, I don't know where Jake is getting HIS information from. All I know is he's suing again.

Oh well...

[Major Profits]

A link to this was posted by another. Anyhow, Jake responded to that "Rule 144" information you posted and does seem to have a good point:

Jake P. Noch
@ProMusicRights
1h
Replying to
@CMG131111
Just because you read something on a message board doesn’t make it true - if you think the guy with over 54+ lawyers hasn’t gotten an legal advice on Rule 144 then your not the brightest they could’ve just register in them in the in the REG A & Paid DTC they refused $NSAV

Not the best use of English though.

And:

Jake P. Noch
@ProMusicRights
Replying to
@CMG131111
Further more rather than speculating for information on message boards about me - why wouldn’t you just call me and ask? My Phone number hasn’t changed it’s [phone]
11:41 AM · Jun 20, 2021·Twitter for iPhone

Not everyone has a Twitter account and, well, some simply enjoy the banter on a MB.

Obviously we'll simply have to wait to see how this all plays out.

[Major Profits]

I wasn't gonna ask about this and, frankly, the lawsuit stuff is over my head. But what the hell.

You mentioned "Rule 144" and, iyo, what Jake needed to do to get his shares tradable and...

This is also what has to happen with the divi shares to become free trading.

Okay, let's say (for the heck of it), you are incorrect and Jake wins this latest lawsuit. Wouldn't that ALSO mean that those who received those 2017 Dividends (as many are still not tradable) might, likewise, also have a similar legal matter against NSAV/Tilton?

Just wondering.

TIA

[Major Profits]

Had to revisit this. If I read the following correctly, the only way those 2017 dividends (and Jake's shares??) can become tradable is by the Transfer Agent removing the "Legend"? However, the transfer agent must FIRST obtain a letter from a Tilton lawyer saying they can be traded. Until then they CAN'T be traded.

https://www.sec.gov/reportspubs/investor-publications/investorpubsrule144htm.html

Even if you’ve met all the conditions of Rule 144, you still cannot sell your restricted securities to the public until you’ve had the legend removed from the certificate. Only a transfer agent can remove a restrictive legend. But the transfer agent won’t remove the legend unless the issuer consents—usually in the form of an opinion letter from the issuer’s counsel to the transfer agent.

It's been over FOUR YEARS! And the way I read that it is up to TILTON to get them shares tradable by having an attorney contact the TA. (Wonding why hasn't he if HE is the one to do it?)

IS that correct? Or?