Anyone heard of NACs? Natural Asset Companies, looking to be fast tracked by the SEC for listing on the NYSE.
“Nobody can really explain how they’re going to make money,” said Margaret Byfield, executive director of the Texas-based American Stewards of Liberty.
“Our society depends on consumers buying or not buying something. That sets the prices and needs. These companies are not going to operate that way,” she said. “I don’t think making money is the purpose. Getting control of the land and its assets is the purpose.”