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shotsky

06/13/24 10:21 AM

#219988 RE: mfaphoto #219968

Back when JT first took over NSAV, in 2017, he gave every existing shareholder a 'dividend', which was a gift of one share of nsav for every 10 shares you owned. I bought my first 5M shares then, and got the 500K share dividend. It turns out that those shares were never registered with Finra, and they were and still are restricted. If you pay NSAV's attorney (who lives about 30 miles from me) about $500, he will arrange to get those shares registered, and the restriction removed, upon which you can sell them.
That was a 10% increase in the OS when it was done. I don't remember what the OS was then, but it could be found by looking at the fins in 2017. At some point, the OS increased by 10%. Hard telling what the new CEO was talking about without more details. I still have my 500K shares.