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I've been holding since the trip 0s in 2016. On and off the board mostly to read. Went through the earlier runs and held strong. Thank you and the other die hards on here for keeping us informed on news and updates!
This one looking like it might be the one we have all been waiting for. Be free NSAV go baby go!
Well said laker fan!
I’m not the one claiming to have answers and sounding like a dolt. You literally just stated you are talking out your ass.
Yeah, so... how many have you setup, run, brought to market? Let me guess.... 0?
Don't try the pumper "lecture" thing, here. The basics don't compute, $204M of revenue and $63 in the bank don't compute. And...... a company with $204M in revenue plunking around and selling stock on the OTC doesn't compute.
How many crypto business have you setup, run, brought to market? Let me guess…0? So you have no idea what your are talking about.
"For the sake of argument," this is a scam. Credibility is lost, completely, when a company claims $204M in "crypto" revenue with no accounting of what it is and has only $63 in cash in the bank and an accumulation of $9M of wages. And, not only that, in the last 3 months, another 450M shares issued. Why on earth would a company with that much "revenue" be issuing stock for money? You'd think they'd cash in a few of those coins and pay some stuff off with cash.
Let us know when you do and your experience. That goes for anyone who is using or planning to use the NSAVx crypto exchange.
One more thing. Do any of you have accounts on the new CEX. What are your reasons for opening an account? Thanks
Much sooner! Q2 in August will get us over $1 easy
0.32 by october
This is going to blow so far past 14 cents
Lol! The Crypto expert pointed that out too, Maybe that's why he sold at .003...... now .0164. Bottom line is the Net gain of $204mill, NSAV is making money and that is rare in OTC.....Real Company, Real Crypto Exchange, Real Revenue, Real net gain, Real shareholders making Real money!!! Nothing stopping this run to .06 min
This posted on Telegram:
“I have had several people reach to me today to question Kevin's age and his pubco experience.
Here is DiVinciPays official stance on this matter:
Kevin Simon is young and is in the CEO role of NSAV for a reason......He has earned it. Nobody needs a middle aged management team to run an emerging crypto company with no revenue. Kevin is young but is seasoned in his skill set. Like I said, he has earned this opportunity and he has our 100% support. His hands on marketing plans rocketed MyAirDropAlert to over 9 million users in less than six months. That innovation has been to catalyst to Net Savings Link surpassing over a million users in less than a month, from the joint venture market campaign that he designed. He was instramnetal in the DiVinciPay rollout with Vendasta and our POS partners. With out his intuition, DiVinciPay would not be where it is today. People are saying that he doesnt have pubco experience or that he has never been involved in a OTC company. Our response to this is simply.....GOOD. Very few of the CEO's in the OTC world know how to generate revenue, all they know how to do is issue toxic debt. Kevin's primary focus is branding the company's products and increasing the company's revenue, which is something that has not happened up until this point. If people want the same old or the status quo then this is probably not the place to be, however, if you are looking to be apart of something that is great and competing with the top 5 in the crypto space, then stick around because we are confident that Kevin can take us there.
Remember, DiVinciay will continue to operate in Kevin's corner. We will assist him, guide him and develop tech for him, as he rolls out the strategy for NSAV's future.
Stick around as its going to get fun. We are really proud of you Kev.”
https://www.otcmarkets.com/otcapi/company/financial-report/403099/content
$63 in cash???
Current Assets
Cash on Hand, in Bank 63 10
Accounts Receivable 191,388 173,888
Share Issuance Receivable 4,000 4,000
Equity Interest 1,000,000 1,000,000
Total Current Assets 1,195,451 1,177,898
No but thinking about trying it out soon
Even with crypto assets thing we are still in good hands.
Cryptocurrency is an intangible asset that lacks physical substance, but companies can indeed use them to support their operations and growth, thank you for clarifying that.
It is normal for crypto-exchanges to report their revenue as “intangible”. In the accounting world, cryptocurrencies are generally treated as intangible assets. This classification is due to their lack of physical substance and the fact that they do not fall within the scope of other asset classes.
According to the US Generally Accepted Accounting Principles (GAAP), many common digital assets like Bitcoin, Ether, Solana, and Cardano are accounted for as intangible assets under the newly-codified ASC 350-60. This standard requires all crypto intangible assets within its scope to be measured at fair value after acquisition and includes new presentation and disclosure requirements.
The professional consensus is that cryptocurrencies should be accounted for at cost less impairment, following the guidance in ASC 350, which pertains to Intangibles – Goodwill and Other. This approach is consistent across entities that are not broker-dealers or investment companies.
For more detailed information, entities are encouraged to discuss their specific facts and circumstances with their auditors or other accounting advisors, especially as the landscape of digital asset use and offerings continues to evolve.
It is possible for a company to survive and potentially thrive by using the cryptocurrencies it holds. Cryptocurrencies can offer several benefits for businesses, including access to new demographic groups, reduced transaction fees, and avoidance of certain types of fraud. Companies can use cryptocurrencies for a variety of purposes, such as investment, operational costs, and transactional activities.
For instance, companies have been known to use Bitcoin and other digital assets for investment purposes, holding them on their balance sheets as an alternative asset class. Some have even made highly publicized investments worth millions of dollars in Bitcoin. Additionally, businesses are increasingly accepting cryptocurrencies as payment, which can help them tap into a tech-savvy customer base with disposable income.
However, it’s important to note that while there are opportunities, there are also risks involved. The volatile nature of cryptocurrencies means that their value can fluctuate widely, which can impact a company’s financial stability if not managed properly. Companies considering using cryptocurrencies should have a clear understanding of why they are doing so and prepare to engage in a thoughtful manner, considering both the incentives and the potential dangers.
Moreover, the adoption of cryptocurrencies for business transactions is becoming more common, with platforms like Shopify enabling merchants to accept crypto payments. This trend suggests that the use of digital currencies in business operations is expanding and may continue to do so in the future.
In summary, while there are challenges and risks associated with using cryptocurrencies, companies can indeed use them to support their operations and growth, provided they approach the venture with careful planning and risk management strategies.
3 closes over .02 means .06 comes, and 3 closes over .06 means .25-.30 comes, all from the rear view mirror chart...and my Funnymental analysis post said $2.27 is fair market value
TD Ameritrade has merged with Charles Schwab and I just put an order in for Monday... $NSAV
Okay if that is the case then we are in good hands I think early next week will hear from the company if everything is clear and stays that way through the summer we should get to 0.32 by october.
I am very bullish on this stock but basically no information on davinci pay or people who used it. The new ceo is a joke, he is nothing more than a self taught social media influencer .Their website is also outdated. You can’t find any information on the new ceo or Divincipay……fingers crossed that we aren’t being misled again.
What do you mean by "approved to be real revenue"? The revenue is real. Not sure what people don't understand.
If you make revenue in crypto, it has to be put in Intangible Assets until it's converted. Read up on it. Crypto revenue is real just like cash revenue is real. Just like if you sold a product or service and people paid you in BTC, or ETH. Just because you got paid in crypto, that means you would say the revenue wasn't real? Doubt it.
It will not have to be approved to be real revenue. When they convert crypto to cash, then there will be a dollar value and booked.
This much weekend NSAV board activity containing much useful information bodes well for the future. GLTA!
I believe I have these shares still - as certs. I forgot about them really. I didn’t pay Vic either as it seemed like bs but idk. Gotta find those certs !
We do. I have 500K of them. They were given out as dividends, in 2017, but they never registered them, and kept them restricted. Some people have paid NSAV's attorney, Vic, about $500 to get their dividend shares. I will continue to wait for them to clean up their mess. They will damn sure not uplist with that mess hanging around their neck. Nor will they become DTC eligible.
Amended Company Information and Disclosure Statement and Financial Statements
https://www.otcmarkets.com/stock/NSAV/disclosure
I honestly don't know since I trade mainly on technical analysis. I'm just wondering if you noticed what happened to the sp immediately after my "major breakout call" (post 216498 on May 10 at 3:44 PACIFIC TIME, when we were at .0086)
When the 204 million is approved to be a real revenues then yes it will keep going up 0.32 by Oct that would be nice.
I was told to do my own DD. So, beware with comments.
Why do they have 470,930,061 Restricted shares? Who owns them?
All great points and worth reiterating...."AVOID THE FUD"....ha ha ha
Thanks Tally Ho. People needed to hear that. As far as I can tell, NSAV has been truthful since the rug pull debacle in 21. Before that, I think it was being controlled by JT and that is why he was taken out of the captains chair. Things have not alway panned out, but I think they were truthful. Now, they finally got their CEX, the money is coming in, and there is no reason to lie. This could go on forever, like any legit company. Does anyone worry about Google, Apple, Facebook, Amazon etc. lying? No they have money up the wazoo and don't have to.
Absolutely, I've tried tweaking my algos a bit and still can't find an upside range on how high this can go, I have a felling this is gonna be one hell of an exciting ride!
Yup, and price is unleashed! The chart indicators are trying to keep up with PPS. price is like a mean dog trying to break it's chart leash!
Exactly, I write computer coded algos (mainly to trade options) and my charts usually show a near-term to mid-term up side range but when scaling out my formulas I literally cannot find a "cap" on how high this can go.....of course anything can change based on the substance and legitimacy of their press releases but, as of now, this is about as exciting as it could possibly get....$$$$
Some day in the future, people will be talking about the people who were in NSAV early and made millions. If you can't see that based on doing simple math with the subscriptions and membership fees, your brain has been corrupted and should be replaced.
165 is top of the range, but now we broke thru so 165 becomes support! We backed off .02 like dipping your toe in the pool checking the water....just b4 we DIVE IN!!!
Buy fear, sell euphoria!!! When we see the bashers turn bullish and start to pump, it'll be time to sell, but for now we have lots of fear and no euphoria
A long time ago, NSAV said they were not going to charge gas fees. I had no idea how they would make money. Now I do. It is the same way Amazon does, by charging a monthly membership fee. Some will trade, some won't. In the end, they get their money. But, the $10 you quoted is for friends and family. Most will pay $25, but some will pay higher fees, such as corporate, which pays $250. per month. I just quoted the $25 number to keep it simple. I see the monthly membership yield to be at least $25 mil per month. And they will get a lot more people than the 1 mil. They just started. By year end, they could be raking in $100 mil a month from memberships. It's insane. Then, with all that money, I see them buying back and retiring a lot of the 7 bil that they have. They will not do a reverse split. Anyway, that is my take. Time will tell if I am right. By the way, do you have any idea how many people have any idea of the anything? Like almost nobody. It takes time to permeated far and wide and into the brains of even the shareholders. I think I have it now. Do not sell a share. With all the crypto that just needs to be converted to cash, they could be doing a buyback sooner than later. IMO. News should be coming out on all kinds of fronts very frequently. They say they want to be a leader in the crypto/digital finance space. At this rate, they will be. I hope you have a lot of shares! I have 1.333 mil that I paid $16K for. I wish I had more, but at the time, I couldn't justify another penny. In any case, that number should set me up well.
This crypto stuff isn't rocket science. I know it's hard for some to grasp. Also, the numbers posted are from 6 weeks ago. As of March 30, 2024, not as of May 15. Reading is fundamental. Some posters here to need to learn how to read. (not talking about you, MFA.)
If some can't read and understand the financials or the model the NSAV is using, ask questions, but don't assume that it's BS because you don't understand it.
That's not how it works. Tired of seeing the BS posts about "it's made up" or "there's no way". NSAV already stated they would start converting crypto to cash to fund operations. They already are, most likely. They aren't keeping it a secret or anything.
Hopefully, everyone holding shares will make bank on this thing.
Those were my thoughts exactly. I think everyone here should ignore the fudsters, do their own DD and make up their own minds moving forward.
That said, no one here can deny that the upside looks limitless and incredibly promising....$$$$$
I find it funny the only bashers on this board actually own shares! The downtrend since 2021 has left shareholders bitter and full of hate for their own positions! Lol! A good sign of a major bottom!!! See you all at .06 soon!
Wait, you are saying that all of these 1 million user accounts that they just had sign up minimally require a $10 monthly membership?
That means NSAV minimally is making $10 million a month in membership fees, outside of every other revenue stream?
I'm not currently trading crypto, but have loved the idea behind this company since 2021. So I don't know all the fees they collect. This makes the number of signups over the last month more lucrative than I thought. I thought $ only made from crypo purchase/exchange, gas fees etc.
If you go to the updated financials about 3 lines down, you can bring up a PDF of the updated report. On one of the latter pages, it lists revenues and breaks out each one. Yes, they should be convertible to cash. It's like the person with no cash in their wallet but has a pile of crypto sitting at home in the dresser. Thinking of dollars when reviewing the balance sheet of a crypto/digital finance company is a mistake. IMO. Instead of just dollars, they have 38 currencies, each of which is changing constantly, but at any time can be converted to one currency, such as dollars. People who see that 63 dollar number do not understand the balance sheet.
They said they will be using digital assets to operate. I believe their revenues are crypto, that can be converted to cash at any time. No doubt they were paid when the 38 coins they list paid their fees to get onto the exchange. The revenues were reported as undetermined, or some similar word, because the values of cryptos change daily. No, they have much more than $63 and will be taking in about $25 mil a month in dollars from membership fees from their 1 mil. recent sign ups. There will be many more. If you think the e-mail campaign for sign ups will now stop, think again. They want as many as they can get and they got a mil in ONE FREAKIN MONTH! How many more by the end of Dec.? They could buy back all the shares if they wanted. I think, eventually, they will buy back 6 bil. leaving 1 bil. in order to get out of the OTC and onto the Naz. In fact, now that the ball is rolling and the money coming in, I think they will do everything it takes to get there. They are like the rich kid in the a run down school in the bad part of town. They want to be where the other rich kids are.
Shotski, Shouldn't the crypto be convertible to cash ??
New filings.https://www.otcmarkets.com/stock/NSAV/disclosure
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Net Savings Link, Inc. (OTC: NSAV), a cryptocurrency, blockchain and digital asset technology company, today announced an NFT collaboration with Plastiks.io https://plastiks.io/ to provide a smart contract approach to a marketplace where single-use package producers, waste recovery and recycling companies can come together to acquire and sell plastic disposal guarantees according to the type of single-use packaging. The role of the Plastiks.io platform is to be a blockchain-powered marketplace to bridge the gap between single-use packaging producers, waste recovery, and recycling companies in addition to consumers. The NFT pricing will be backed by real-world data for each NFT.
Plastiks.io is launching the worlds first real-world asset-backed NFT marketplace for plastic recovered and recycled. Users can utilize the NFT Marketplace to buy, sell and invest in single-use packaging recovered and recycled guarantees. One of the primary features of the platform is the ability to use cryptocurrencies or traditional payment methods to buy and sell plastic recovered guarantees to ensure that the plastic will not end up in the environment. Plastiks.io will work with its extensive global network of recycling companies and plastic producers to eliminate counterfeit guarantees while minting NFTs on a multi-chain blockchain network, providing accurate NFT pricing backed by real-world data for each NFT on the platform.
Andr Vanyi-Robin, Founder and CEO of Plastiks.io, stated, Our mission is to track all single-use packaging being recovered and recycled across the globe to provide recyclers and plastic producers with a connection that can be verified so that revenues can be .,generated for the recyclers to incentivize them to collect all plastic and convert this into valuable data that can enable producers of plastic to offset their production to achieve a Plastic Free world.
London, England, Oct. 27, 2021 (GLOBE NEWSWIRE) -- Net Savings Link, Inc. (OTC Pink: NSAV), a cryptocurrency, blockchain and digital asset technology company, today announced the launch its Decentralized Cryptocurrency Exchange (DEX) https://nsavdex.org/#/home , further expanding the Company’s presence in the $2 trillion global cryptocurrency market. The NSAVDEX marks a major milestone for the NSAV ECOsystem and will provide our users with a colony range of DEX services. The NSAVDEX will have among the highest technical specifications and standards in the DEX industry and provide users with an unparalleled experience.
NSAVDEX is a permissionless fully decentralized exchange (DEX) platform . With NSAVDEX you can Swap, Mining Pool, Liquidity, and trading. NSAVDEX has 1 second finality and can support up to 10,000 transactions per second (TPS) through Tendermint. The NSAVDEX decentralized exchange will be governed by the community (governance details to be announced) and users are able to trade digital market assets with a 100% gas fee refund with the NSBC token (zero gas fees), subject to our terms and conditions (please inquire via our DEX Telegram). NSAVDEX is scalable and individuals can access unlimited markets with the NSAVDEX exchange. The NSAVDEX has Inter-Blockchain Technology (IBC) in its protocol.
The combined total of all DEXes is surging at the moment, as the demand for DeFi has remained resilient. September’s volume alone exceeded $78 billion. The management of NSAV and its partners are pioneers in the Digital Asset and Blockchain industry and believe the Company can compete in the global DeFi arena.
Dato’ Sri Desmond Lim, Interim CEO and Senior Vice President of Cryptocurrency Operations for NSAV and Silverbear Capital partner stated, “Today marks another important milestone for NSAV. The new management has been extremely busy with the task of building the NSAV ECOsystem and today we celebrate the completion of our NSAVDEX Exchange and demonstrating, once again, our dynamic strategy. The Company would like to thank everyone who assisted in completing this project in a timely manner and, of course, our loyal shareholders for their continued patience and support. Finally, we would like to thank the digital asset team at Silverbear Capital for their strategic perspective and advice.”
NSAV's vision is the establishment of a fully integrated technology company, which provides turnkey technological solutions to the cryptocurrency, blockchain and digital asset industries. Over time, the Company plans to provide a wide range of services such as software solutions, e-commerce, financial services, advisory services and information technology.
For further information, please contact NSAV at info@nsavholdinginc.com
The NSAV Twitter account can be accessed at https://twitter.com/nsavtech
The NSAV corporate website can be accessed at http://nsavholdinginc.com
The NSAVDEX Exchange website can be accessed at https://nsavdex.org/#/home
The NSAV Premium OTC Crypto Trading Desk website can be accessed at https://nsavholdinginc.com/otc-desk/
The NSAV Hong Kong OTC Crypto Trading Desk website can be accessed at https://hkotc.co/
The NSAVDEX Exchange Telegram account can be accessed at https://t.me/NSAVDEXorg
Silverbear Capital Inc. https://www.sbcfinancialgroup.com.hk/, a leading, global investment banking firm, will be advising NSAV on strategic matters relating to the Company’s cryptocurrency exchanges and OTC Crypto Trading Desks. Silverbear will also help guide NSAV in ensuring that its exchanges and OTC Desks are continually in compliance, given the rapidly increasing regulatory environment in the cryptocurrency industry.
Silverbear Capital Inc. (SBC) has a dynamic of disciplines on a broad commercial level and practice. SBC has a strong group of Partners in a wide range of disciplines with seasoned experience in finance, management, and professional practice. https://www.sbcfinancialgroup.com.hk/meet-our-team/.
Disclaimer: Silverbear Capital Inc. does not constitute investment advice, or an offer or solicitation to sell, or a solicitation to buy, or any other investment product (nor shall any such shares or product be offered or sold to any person) in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities law of that jurisdiction.
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