NSAV Announces No Reverse Split of Its Shares and No

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
120
NSAV Announces No Reverse Split of Its Shares and No Dilution

CRESCO, PA--(Marketwired - Jul 6, 2017) -  NSAV Holding, Inc. ( OTC : NSAV ), announced today that the Company is categorically not planning or even considering a reverse split of its shares and no dilution of the public float has taken place. The new management of NSAV has imposed a strategy of building the Company from the ground up and wants to assure all shareholders that a reverse stock split will not be enacted. In recent months, the Company has taken numerous steps to enhance shareholder value, including a 40% or 4 billion share decrease of its authorized shares. NSAV is committed to taking additional measures in the coming weeks and months to further enhance shareholder value.

NSAV also announced that next week it will unveil which of its divisions will be the first in a series of spin offs into a publicly traded company. The Company has previously stated that spin offs of its divisions into publicly traded companies is a major segment of its business model and long term strategy.

James Tilton, president of NSAV stated, "I once again reiterate that the Company will not be doing a reverse split as long as I am the CEO and I sincerely hope that we have put our shareholders' minds at ease. I have been in the public markets for 22 years and I have never seen a reverse split benefit shareholders. Our only objective is to conduct activities and take corporate actions that benefit all NSAV shareholders."

Mr. Tilton went on to state, "I am pleased and honored that NSAV is ready to spin off one of its divisions. I have personally been in charge of many spin offs in my long career and they have all been a huge success and greatly benefitted the shareholders.

NSAV's vision is the establishment of a fully integrated technology company that provides turnkey technological solutions to the legal medical cannabis and hemp industries, as well as other areas of the medical industry. Over time, the Company plans to provide a wide range of services such as software solutions, e-commerce, advisory services, financial services, patents and trademarks and information technology.

The NSAV corporate website can be accessed at http://nsavholdinginc.com

The NSAV Twitter account can be accessed at  https://twitter.com/NSAV_MJTechCo

The NSAV Facebook account can be accessed at  https://www.facebook.com/NSAVHolding/

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of NSAV Holding, Inc. to accomplish its stated plan of business. NSAV Holding, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward- looking statements included herein, the inclusion of such information should not be regarded as a representation by NSAV Holding, Inc. or any other person.

For further information please contact: NSAV 1 (570- 595-2432) info@nsavholdinginc.com

Scroll down for more posts ▼

Top 10 Most Recent News Articles

AI Proving Grounds: Preemptive Security's Rise

Updated Category News Views 115

Pushing Security to the Forefront The AI Proving Grounds Consortium (AIPGC) ain't just talking shop—they're tossing down the gauntlet. As cyber threats accelerate faster than my ticker can twitch, these experts are hollering for preemptive security measures. On September 24, the big wigs gathered to hash out why AI-fueled attacks demand we hit the gas on our defense...

Continue Reading
Nuix Names Lori Cornmesser to Head Global Partnerships

Updated Category News Views 137

Nuix Shakes Things Up with New Leadership Nuix, a notable player in the investigative analytics and intelligence software space, just leveled up its game by bringing in Lori Cornmesser as the Global Vice President, Partner Ecosystems. This ain't your average hire. Cornmesser's been around the block—over 25 years, in fact—building and leading partner ecosystems...

Continue Reading
AI Stocks Surge Despite Boardroom Woes and Security Probe

Updated Category News Views 41

The Boardroom Drama Versus Business Reality Who knew that board stuff could stir up as much interest as a blockbuster earnings report? But here we are, with NVIDIA Corporation (NASDAQ: NVDA) at the center of a boardroom spectacle that's enough to make some investors sweat bullets. Turns out, CEO Jensen Huang is reportedly tangled up in a foreign intelligence effort...

Continue Reading
Golden State Dermatology Expands with Sparks Clinic Launch

Updated Category News Views 30

Northern Nevada's New Name in Dermatology Take a stroll down Ion Drive in Sparks, and you'll find a fresh face in town—and we're not talking about a new coffee shop. Nope, it's something with a lot more skin in the game. Golden State Dermatology (GSD) is setting up shop at 5070 Ion Drive, Suite 201, and the doors are wide open for locals seeking dermatological care. A...

Continue Reading
Data Centers: More Power-Hungry Than Thirsty

Updated Category News Views 96

Data Centers: Not Quite the Water Guzzlers We Feared Hold onto your hats, because the latest intel on data centers is changing the game, or at least forcing a closer look at what seems like a done deal. The big reveal? It's not the water, folks—it’s the juice. While everyone frets about water, electricity is the silent giant you’ve got to wrangle. Water vs....

Continue Reading
Sunbeam 1000hp's Historic Return Ignites Daytona Celebration

Updated Category News Views 58

The Sunbeam 1000hp: A Roaring Legacy Reborn There's something downright electric about seeing a slice of the past roar back into life. Now, gearheads and history buffs alike have a reason to celebrate: the Sunbeam 1000hp is coming back to the sands of Daytona Beach in 2027. It's been a mighty long 100 years since Sir Henry Segrave tore across those very sands, clocking in...

Continue Reading
Smart Radon Monitoring Expands: X-Sense at Lowe's

Updated Category News Views 82

X-Sense Gains Ground in Home Safety Well, here it is, folks. The shift towards smart radon detection just took a gigantic leap forward—right into your everyday trip to Lowe's. X-Sense's XR0A-iR is putting radon monitoring on the map, available now across U.S. Lowe's stores at a cool $99.99. Think of it: radon detection moving as common as your bulk bag of mulch. Why...

Continue Reading
Willamette Valley's Q3 Struggle: Revenue Gains Amid Losses

Updated Category News Views 28

Navigating the Q3 Highs and Lows When you look at Willamette Valley Vineyards, it feels like they're stuck on a tricky grapevine. Their Q3 results for 2026 dropped like a brick, showing a $0.33 loss per share. It's a carbon copy of last year's blues, without any sweet surprise. Now don't get me wrong, the 6.6% revenue bump is a peach, but all we got was a slightly rosier...

Continue Reading
Kia's Double Win: Telluride and K4 Grab Buzz Awards

Updated Category News Views 25

Kia's Major Scoops in the Automotive Scene If you've been hawking the auto industry lately, Kia's latest accolades probably caught your eye. In what seems like a feather in their cap, the 2027 Kia Telluride and the 2026 K4 Hatchback nabbed victories at the Second Annual Buzz Awards. CarBuzz, HotCars, and TopSpeed—the trio of car gurus who know a thing or two about...

Continue Reading
Second Lawsuit Filed Against Virginia Oyster Company

Updated Category News Views 36

Outbreak Strikes Again: Legal Actions Escalate In the world of food safety, calamities tend to cluster, and this latest case is another striking example. The Little Wicomico River oyster incident is spiraling into a classic courtroom drama with the filing of a second lawsuit. A Maryland man, Jonathan Rucker, has added fuel to the fire with his federal court filing after...

Continue Reading

Top 5 Most Recently Viewed Articles

Exploring Growth Opportunities in Online Airline Booking Sector

Updated Category News Views 212

Prospects of the Online Airline Booking Market The Online Airline Booking Market is experiencing significant growth, with projections indicating a revenue potential reaching USD 521.40 billion by 2031, according to recent findings. This robust increase underscores a projected CAGR of 8% from 2024 to 2031, reflecting the market's ongoing transformation. Current Trends...

Continue Reading
Leadership Changes Set to Propel S&P Global Forward

Updated Category News Views 197

S&P Global Names Ian P. Livingston as New Board Chairman S&P Global, a leader in providing essential intelligence, has confirmed Ian P. Livingston as the newly elected Non-Executive Chairman of the Board of Directors. This significant leadership shift is set to bring fresh perspectives to the company as it continues to thrive in an evolving marketplace. A Transition in...

Continue Reading
Stock Market Insights: Relay Therapeutics and Economy Trends

Updated Category News Views 245

Overview of Stock Market Movements Recently, the U.S. stock market has experienced a positive shift, highlighted by the S&P 500's increase of approximately 1% during a significant trading session. This upward movement is not only enhancing investor confidence but also suggesting a potential revival in market activity. Sector Performance Highlights Leading Sectors In terms...

Continue Reading
South Korea's Early November Exports Show Positive Growth

Updated Category News Views 100

South Korea's Early November Exports Show Positive Growth In recent reports, South Korea's exports for the first 20 days of November have demonstrated a notable increase of 5.8% compared to the same period last year, according to data released by the country's customs agency. This encouraging trend indicates a strengthening of trade dynamics, highlighting resilience in...

Continue Reading
Forecasting Growth of Pharmacy Benefit Management Market

Updated Category News Views 272

Understanding the Pharmacy Benefit Management Market The Pharmacy Benefit Management (PBM) market is experiencing impressive growth, expected to hit an astonishing USD 934.9 billion by 2032. Back in 2023, this market was valued at USD 553.4 billion, and it's projected to grow at a steady compound annual growth rate (CAGR) of 6.0% from 2024 to 2032. This shift is largely...

Continue Reading