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shotsky

12/02/21 12:10 AM

#189021 RE: Serpico2005 #189016

Again, you have to understand what a holding company is about. It owns percentages of other companies, and only makes money when the other companies make profit. So far, nothing NSAV has 'invested' in has made a penny of profit. Thus, NSAV has no income, at all.
Understand that we are not in an income making enterprise yet. We are setting the stage to make money at some point in the future.
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Gman3343

12/02/21 12:57 PM

#189073 RE: Serpico2005 #189016

I see you have changed your tune about nsav. I do agree with you, I also think if nsav doesnt deliver this month on the BW exchange, could be lights out.
This company has no money, how is it getting a 51% stake of a company like BW ?
That right there is a big question mark, SBC is not going to put up that kind of money for nsav.
Sbc is simply a holding company.
Not likeing the looks of this .