NSAV DD Going Current/ Pending 8k/ NO DEBT/ NO DIL
Post# of 72710
NSAV also announced that it is considering several acquisition opportunities and will be filing an 8-K with a complete shareholder update in the coming week.
https://www.otcmarkets.com/stock/NSAV/news
http://www.pr.com/press-release/707931
//www.youtube.com/watch?v=7WxCNor9kBM
//www.youtube.com/watch?v=A_yWZghD1us
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https://www.sos.state.co.us/biz/BusinessEntit...0171168922
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$CHIF is connected to NSAV. HUGE MMJ connection coming for NSAV. we are talking Pennies. AS . OS maxed out for a major run to 005+ WE ARE LOOKING AT GROUND FLOOR OPPORTUNITY HERE
https://www.otcmarkets.com/stock/CHIF/news/CH...97&b=y
China Food and Beverage Company (OTC:CHIF) announced today that it is offering an exclusive look at its next possible acquisition target, a sprawling 30 acre resort and spa, located in the world renowned Poconos region of Pennsylvania.
Naomi Village Resort and Spa, only a two hour drive from New York City and Tri State Area, in the heart of the Northeast, and home to tens of millions, is a spa and wellness center that attracts visitors from all over the U.S. Shareholders and potential investors can learn about Naomi Village at http://www.naomivillage.com .
James Tilton, President of CHIF stated "Naomi Village would be the perfect acquisition for us at this time. Medical Cannabis operators from all over the country are trying to set up operations in the Poconos. We believe that CHIF can be the first Medical Cannabis Company in the Poconos."
********* CALVIN HOBBES DUE DILLIGENCE BELOW ON DEBT PAID OFF****
http://www.otcmarkets.com/stock/CHIF/news/CHI...97&b=y
James Tilton, President of CHIF stated "Naomi Village would be the perfect acquisition for us at this time. Medical Cannabis operators from all over the country are trying to set up operations in the Poconos. We believe that CHIF can be the first Medical Cannabis Company in the Poconos."
Looks like this is finally going to pay off now. New owners IMO payed off debt looks like as per the agreement from filing http://www.otcmarkets.com/edgar/GetFilingHtml...D=11448819
I now understand why there was no RS as ALL DEBT MUST HAVE BEEN PAYED. Also it had to be submitted to the SEC by July of 2016. I also believe this is part of the reason they have now decided to incorporate into COLORADO. Look at the parent company. They are into MJ. Those are our two hints as far as I am concerned. I love the FACT that no Change is SS in over 2 years here. Except they decided to drop AS from 10 billion to 3 billion. Always nice. The last 8k gives a few clues as well to the new owners abilities to make this company a success. Their ability to pay off all their previous debts
Quote:
CHIF agrees to assume the estimated $40,000.00 of payables in NSAV and pay them off promptly . CHIF will have the right and authority to negotiate with each of these creditors.
CHIF agrees to purchase or locate a non - affiliated investor to purchase the convertible debt held by KBM Worldwide for $180,000.00 cash.
CHIF agrees and warrantees that the KBM debt will be paid off only by means of cash or cash equivalent (subject to the approval of KBM) and under no circumstances will the KBM debt be paid off by debt of NSAV.
CHIF will have the right and authority to renegotiate any of the above referenced terms directly with KBM and will retain ownership of the above referenced Series A Preferred sharesupon receiving an unconditional release from KBM regarding the above referenced KBM debentures. This clause is included solely with the intention of protecting all parties in the event of circumstances that may arise that are unforeseen and not under the control of any of the parties named in this agreement.
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