Current Report Filing (8-k)
August 04 2017 - 07:56AM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d)
of
the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported) August 3, 2017
NSAV
Holding, Inc.
(Exact
name of registrant as specified in its charter)
Delaware
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000-53346
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82-1742304
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State
or other jurisdiction
of
incorporation or organization)
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(Commission
File
Number)
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(IRS
Employer
Identification
No.)
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2374
Route 390
P.O.
Box 609
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Mountainhome,
PA 18342
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(570)
595-2432
(Registrant’s
telephone number, including area code)
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions (see General Instruction A.2. below):
[ ]
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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[ ]
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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[ ]
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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[ ]
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Section
8 - Other Events
Item
8.01 Other Events.
On
August 3, 2017, the Board of Directors of NSAV Holding, Inc. declared a partial spin-off of its wholly owned subsidiary, Hemp
Beer Inc., a Colorado corporation. Upon completion of the spin-off, Hemp Beer Inc. will file the appropriate documents to become
a separate publicly traded company.
NSAV
will spin-off 20%, which equates to 200 million shares of Hemp Beer Inc. common stock to its shareholders as a dividend, based
upon their holdings of NSAV common stock on the record date. Shareholders will receive approximately one share of Hemp Beer Inc.
common stock for every 17 shares of NSAV common stock that they hold on the record date, which is August 22, 2017. The dividend
will be payable on or around September 5, 2017.
A
copy of the press release announcing the stock dividend is filed as Exhibit 99.1 hereto.
Section
9 - Financial Statements and Exhibits
Item
9.01 Financial Statements and Exhibits.
(d)
Exhibits.
The
following exhibit is filed herewith:
99.1
Press Release dated August 3, 2017
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
Date:
August 4, 2017
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NSAV
Holding, INC.
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/s/ James Tilton
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James Tilton, Chief Executive Officer
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