Replies to post #169125 on NSAV Holding Inc (NSAV)

[MonstaGains]

#1 on Ihub most read. Congrats folks :-)

[stervc]

The Lawsuit Settlement per the NSAV Filing...

Keep in mind, before reading these thoughts, understand that I am not a judge and I am not the court of law to hear both sides to issue a ruling. I am just a little small time shareholder hoping for some kind of a positive resolution. This is only my opinion based on what I have read in the filing and some older news and some thoughts from others. Keep in mind too that none of this is personal with me as I don't personally know James A. Tilton nor Jake P. Noch.

First, read this post that I made a while back:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=162921249

Next, read this "settlement" from the last NSAV Quarterly Report filed on 05/21/2021:

https://backend.otcmarkets.com/otcapi/company/financial-report/284455/content
On November 20, 2020, the Company issued a promissory note in the amount of $486,540,000 for the right to purchase a 20% interest in Sosa Entertainment, LLC, and a right to purchase a 20% interest in Pro Music Rights Distribution, LLC. The promissory note and Agreement were not considered final at that time and were subject to later modification by the parties. During the course of negotiations, the parties eventually agreed to resolve all outstanding issues by a settlement in which NSAV issued 56,363,107 restricted shares of its stock to Jake Noch, CEO of Sosa Entertainment, LLC, and Pro Music Rights Distribution, LLC, in return for the voidance of the promissory notes and expiration of the purchase options.

Here are some other posts courtesy of AdamS007 regarding the lawsuit that some thought were interesting:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=162877502
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=162877765
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=162878063
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=162878367

Personally, if I was Jake, I would just wish them well and move on since the 56,363,107 shares he was given for a settlement are likely to be worth more than what he was originally asking for by the time they mature. Besides, why would he want to hang around and try to cause hurt and harm to shareholders and a management team that had nothing to do with that of the past. Also, especially since James is now gone. Only my opinion. The judge might rule that the settlement in the filing was fair for both sides.

v/r
Sterling