Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Due dates for NSAV filings:
1st quarter 10-Q quarterly report is due each year on May 15th (or 20th with extension)
2nd quarter 10-Q quarterly report is due each year on August 14th (or 19th with extension)
3rd quarter 10-Q quarterly report is due each year on November 14th (or 19th with extension)
4th quarter 10-K annual report is due in non-leap years on March 31st (or April 15th with extension)
4th quarter 10-K annual report is due in leap years on March 30th (or April 14th with extension)
~~~~~~~~~~~~~~~~
10-Q quarterly reports are due 45 calendar days after the end of the quarter. May file for an optional 5 day extension.
10-K annual reports are due 90 calendar days after the end of the quarter. May file for an optional 15 day extension.
The SEC accepts filings between 6:00 AM and 10:00 PM Eastern time.
Filings received between 5:30 PM and 10:00 PM Eastern Time are dated the following day.
Quarterly and Annual reports must be submitted by 5:30 PM Eastern Time on the due dates.
If a due date falls on a weekend or an SEC market holiday, reports are due by 5:30 PM ET on the first following market day.
Good Friday is a market holiday, but it is not an SEC market holiday. Therefore reports may be due on a Good Friday.
Extensions are calculated in calendar days, not market days.
An extension begins on the first calendar day after the original due date, even if it is filed days prior to the due date.
Companies are required to file three quarterly reports and one annual report each year.
For the quarter for which the annual report is filed, no quarterly report is required.
NSAV files its annual report each year after the fourth quarter.
Thanks for the invitation. Although to paraphrase Groucho Marks, I have serious concerns about joining any board that would invite someone like me. ;0)
I totally agree with you that Campanella was never indicted. No one brought a case against him. You can call him all the names you want, but you cannot say he was convicted of a crime.
Nick Campanella was never formally charged with a crime. You said it yourself. He has no criminal record. He was never indicted. Being "named in an indictment" is not the same thing as being indicted. Many people are named in indictments who are never themselves actually indicted. An indictment is when someone is formally charged with a crime. Nick Campanella was never formally charged with a crime. He was never indicted. You continue to constantly distort the fact.
Yeah, they are quite amazing.
You're welcome!
You're welcome. It was a fun listen, though in some ways it is like a foreign language.
You're welcome! It was a learning experience for me, and I would say that learning is still ongoing. Lol
Yep.
To help clear up any confusion over whether the upcoming Q2 quarterly report will be audited and released early I created a transcript of several passages from the June 20th podcast. To me it appears that the report will be released on time with no extension, and will not be audited. The audit mentioned in the podcast refers to something else. I think this was the source of the misunderstanding. Hope this helps.
At 25:01 into the podcast the moderator is talking with NSAV CEO Kevin Simon:
Moderator: "Do you plan on updating OTC Markets' NSAV page with Kevin replacing Tilton and removing the others that don't have roles in the Company anymore?
Kevin: "Yes. So we are already in the process of doing this, actually. And as a matter of fact, DTC's last question was, 'Please provide us with the resignations of all the officers and directors who are no longer involved with this company.' So this information was supplied to them on Tuesday and today."
At 31:27 into the podcast:
Moderator: "The other question is going back into the DTC thing. People are asking, 'Is DTC happening? When is the expected CertiK audit happening? Both are good stand-alone PR options as we still wait for token project launches.' I think we just addressed the token project launches."
Kevin: "Yeah. So we just addressed this above. But basically to recap, DTC requested on Tuesday the resignations of all the officers and directors who are no longer involved in this company. That information was provided on Tuesday, and we completed that today. We don't expect DTC to have any further questions. The CertiK audit will be finished days before Q2, and the Company constantly has PR because the Company is continuing to grow."
Moderator: "So the CertiK: I know that a lot of you guys, uh... I shouldn't say a lot, but a few of you guys have a pretty good understanding of what's going on with CertiK. And, uh.. for those of you that don't, the CertiK audit is a private audit that audits the smart contracts. In an exchanges version it's going to audit the smart contracts, it's going to audit the tokens, it's going to audit the number of users, it's going to audit the reserve and supply if [inaudible] anyone has any. In this case, as we discussed last week, we don't need to have a reserve because there is no leverage, no margin, and the exchange does not use customer funds for any purpose. The funds are the customer's. They can move them. They can burn them. They can do whatever they want with them. It's theirs. So the CertiK audit is just going to substantiate that and verify that, and it's going to slap a grade on it out of 100, and say 'Okay, these guys that meet the provision of a risk/reward, so that's going to be done."
Then at 40:20 into the podcast:
Moderator: "Will the Q2 financials be released early?"
Kevin: "They will be released on time with no extension."
https://soundcloud.com/the-alley-news/the-alley-cat-podcast-episode-2
Fun, isn't it?
So our report is due on August 14th.
Well, the due date is the easy part. lol. Here is some info on the due dates for filings:
Due dates for NSAV filings:
10-Q quarterly reports are due 45 calendar days after the end of the quarter. May file for an optional 5 day extension.
10-K annual reports are due 90 calendar days after the end of the quarter. May file for an optional 15 day extension.
The SEC accepts filings between 6:00 AM and 10:00 PM Eastern time.
Filings received between 5:30 PM and 10:00 PM Eastern Time are dated the following day.
Quarterly and Annual reports must be submitted by 5:30 PM Eastern Time on the due dates.
If a due date falls on a weekend or an SEC market holiday, reports are due by 5:30 PM ET on the first following market day.
Good Friday is a market holiday, but it is not an SEC market holiday. Therefore reports may be due on a Good Friday.
Extensions are calculated in calendar days, not market days.
An extension begins on the first calendar day after the original due date, even if it is filed days prior to the due date.
Companies are required to file three quarterly reports and one annual report each year.
For the quarter for which the annual report is filed, no quarterly report is required.
NSAV files its annual report each year after the fourth quarter.
1st quarter 10-Q quarterly report is due each year on May 15th (or 20th with extension)
2nd quarter 10-Q quarterly report is due each year on August 14th (or 19th with extension)
3rd quarter 10-Q quarterly report is due each year on November 14th (or 19th with extension)
4th quarter 10-K annual report is due in non-leap years on March 31st (or April 15th with extension)
4th quarter 10-K annual report is due in leap years on March 30th (or April 14th with extension)
https://www.investor.gov/introduction-investing/investing-basics/glossary/form-10-k
https://www.colonialfilings.com/sec-filing-calendar/
https://www.securexfilings.com/sec-deadlines/
Oh, wow. I'm going to go check that out. Thanks. Do you happen to have a link?
We are agreed, except it's August 14th.
I'm sure you understand a heck of a lot more about all this stuff than I do. I wish I had a photo of my expression to share as I listen to the podcast. I mean, the acronyms alone! I would have to pause and go look up each one of them as the guys rattle them off, and then probably still wouldn't get it. When they say something, it's like this is what my brain hears:
"Basically NSAV's bank account acts as the TDG of DML's ACQ. So when FALNEX provides vector MT's, this transposes AHC same-day Dextrade Uniswab module dusting available for live staking airdrops."
Well, that's bizarre. I've listened to the whole podcast again, not once, but twice, god help me. And there is no mention of the next quarter report coming out on July 31, nor of the financials being audited. It's bizarre, because I remember hearing it when I first listened to it several days ago. And there are six posts on the board from other posters who listened and reported what they heard, and they say the same thing. But it's not there now.
Here's what is there at 40:20 into the podcast:
Question: "Will the Q2 financials be released early?"
NSAV CEO Kevin Simon: "They will be released on time with no extension."
I remember him saying the above, but I also remember him saying the other stuff at a different point in the podcast. So either I read the earlier reports and then thought I heard about the audited financials coming out on July 31st, or a number of us experienced a mass delusion, or the podcast was later edited to remove that part. At the very end of the podcast Kevin says that he will now edit the podcast and put it up for everyone to hear. Or as you say, it may be a misunderstanding over what they said about the Certik audit of the crypto holdings. But whatever.
So at least we know that they intend the financials to come out on time. And that would be no later than August 14th, which is 45 calendar days after the end of the quarter.
https://investorshub.advfn.com/boards/read_msgs.aspx?board_id=16357&nextstart=220584&batchsize=50
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174635480
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174635539
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174635988
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174637317
You may be right. Let me go back and listen to the podcast again, and I'll see if I can report exactly what he said.
If anyone is interested, here is a link to the podcast that doesn't require sign-in:
https://soundcloud.com/the-alley-news/the-alley-cat-podcast-episode-2
August 14th is 45 days after the end of the quarter. However the podcast suggests the financials will be out earlier on July 31st, and they will be audited.
Thanks for posting that. You're right. The deadline for Biden to sign or veto the bill had been today, but congress delayed sending over the resolution, changing the deadline to June 3rd.
https://cryptonews.com/news/bitcoin-price-prediction-as-bidens-decision-on-sec-crypto-rules-looms-will-btc-rally.htm
NSAV Announces Intent to Acquire DiVinciPay Corp.
Press Release | 05/28/2024
https://www.otcmarkets.com/stock/NSAV/news/NSAV-Announces-Intent-to-Acquire-DiVinciPay-Corp?id=441921
LONDON, UK / ACCESSWIRE / May 28, 2024 / Net Savings Link, Inc. (OTC Pink:NSAV), a cryptocurrency, blockchain and digital asset technology company, announced today that it has signed a Letter of Intent (LOI) to acquire DiVinciPay Corp. https://www.divincipay.com, an innovator in digital payment technology. This strategic acquisition would signify a major expansion for NSAV, enhancing its capabilities within the digital finance ecosystem by integrating with DiVinciPay Corp.'s state-of-the-art decentralized payment solutions.
Highlights of the Proposed Transaction Include:
Transaction Structure: Subject to specific performance benchmarks pre-closing, Net Savings Link, Inc. will acquire 100% of DiVinciPay Corp., including all assets such as contracts, customers, proprietary code, and equipment. The existing management team at DiVinciPay will be retained to ensure continuity and expertise.
Applications include:
• DiVinciPay.com
• DiVinciGate,com (Cross Chain Gateway)
• DiVinciconnect.com (Domain Only)
• DiVinciChain.com (Domain Only)
• DiVinciAlert.com (Domain Only)
• DiVinciWallet.com (EVM - In BETA)
• DiVinciPayinvoice.com (in BETA)
• DiVinciCouncil.com (DAO)
• DiVinciHotel.com
• DiVinciEats.com
• DiVinciPayNetwork.com
• DiVinciRecords.com
• VerifyIRL.com
• Digitalstmarketwire.com (in BETA)
Exclusivity Period: DiVinciPay Corp. has agreed to a 90-day exclusivity period during which Net Savings Link, Inc. will perform comprehensive due diligence to ensure a seamless integration. Although a 90-day exclusivity period has been granted, it is the goal of the parties to close this acquisition within thirty-days (30) from the execution of the LOI.
Future Collaborations: The acquisition aims to leverage DiVinciPay Corp.'s advanced decentralized technologies in conjunction with Net Savings Link, Inc.'s broad centralized market reach, including its NSAVpay platform, to enhance customer value and expand market presence.
NSAV released the following statement, "We are thrilled to welcome DiVinciPay Corp. into our corporate family. When completed, this acquisition is perfectly aligned with our strategy to innovate and expand within the digital finance arena, and we are excited about the opportunities this partnership will create."
DiVinciPay Corp., added, "Our union with Net Savings Link, Inc. is a transformative step for our operations and reaffirms our commitment to advancing digital payment technologies. We look forward to combining our strengths and exploring new avenues together."
About Net Savings Link, Inc.: 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. The Company drives innovation in the digital currency space by developing advanced blockchain technologies, digital assets, and market solutions that bridge the gap between traditional business frameworks and the future of decentralized technology. 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.
About DiVinciPay Corp.: DiVinciPay Corp. specializes in digital payment solutions designed to simplify transactions worldwide. Their innovative technology facilitates a secure and seamless digital payment experience, enhancing convenience for users globally. To learn more about DiVinciPay, visit, https://www.divincipay.com.
For further information please contact NSAV at info@nsavholdinginc.com
For further information please contact NSAVx.com at hello@nsavxmail.com
The NSAV corporate website can be accessed at https://www.netsavingslinkinc.com
The NSAV CEX website can be accessed at https://nsavx.com/
The AirdropX.co website can be accessed at https://www.airdropx.co/
The Swopx.io website can be accessed at https://www.swopx.io
The NSAV Stock information website can be accessed at https://www.nsavstock.com
The NSAVx Token website can be accessed at https://www.nsavxtoken.com/nsavx-token
The NSAVx Discord Server can be accessed at https://discord.com/invite/7Q2Vv5NmKd
The NSAV Twitter account can be accessed at https://twitter.com/nsav_tech
Right. Tomorrow is the deadline. If it is not vetoed, it becomes law.
Correction. The bill will go into effect on May 28th if no action is taken by the President. Not the 26th as I said earlier. The ten-day waiting period excludes Sundays.
There is also another possibility that I wasn't aware of. The bill kills an SEC rule called SAB 121. But the SEC could withdraw that rule on its own.
The H.J.Res. 109 bill passed Congress on May 16th, sending it to the President's desk for his signature. If the President doesn't sign it within ten days, and Congress is still in session, the law automatically goes into effect. If, however Congress is no longer in session, then the "pocket veto" goes into effect, and the bill is vetoed. Since Congress is still in session, if the President takes no action on the bill it will automatically go into effect on May 26th. So unless he specifically vetoes it, the bill will go into effect either if he signs it or if he takes no action. While the bill was still being considered by Congress he said he intended to veto it. However since it passed he is under pressure to sign it. It remains to be seen what he will do.
Right. There are two bills. One has already been approved by Congress and is sitting on the President's desk awaiting his signature. The other is working its way through Congress.
Okay. It's exactly 2:40 Central Standard time. What now?
Thanks for posting that, Jrsh.
NSAV Appoints Kevin Simon as Chief Executive Officer
Press Release | 05/17/2024
https://www.otcmarkets.com/stock/NSAV/news/NSAV-Appoints-Kevin-Simon-as-Chief-Executive-Officer?id=441055
NSAV Appoints Kevin Simon as Chief Executive Officer
Press Release | 05/17/2024
Net Savings Link, Inc. (OTC: NSAV), a cryptocurrency, blockchain and digital asset technology company, announced today the appointment of Kevin Simon as the new Chief Executive Officer. Mr. Simon brings a wealth of experience from his previous role as Director of Marketing at DiVinciPay Corp, where he played a pivotal role from the companys inception and led significant strategic marketing initiatives.
Professional Background and Contributions:
Leadership at DiVinciPay Corp: Kevin Simon was instrumental in integrating cryptocurrency solutions across major Point of Sale (POS) systems through the development of the DiVinciPay Payment Plugin, which added nine of the largest POS companies to the platform.
Role in NSAV and MyAirDropAlert.com Joint Venture: Mr. Simon also served as the digital architect for the successful joint marketing campaign between Net Savings Link and MyAirDropAlert.com, further highlighting his capability in spearheading complex marketing strategies.
NSAV released the following statement, "We are excited to welcome Kevin to our team. His aggressive approach to marketing and branding is crucial as we steer NSAV towards future opportunities. Kevin's track record with DiVinciPay assures us of his ability to lead our company into new phases of innovation and market leadership,"
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 Centralized Cryptocurrency Exchange (CEX) website can be accessed at https://nsavx.com/
The AirdropX.co website can be accessed at https://www.airdropx.co/
The NSAVx Token website can be accessed at https://www.nsavxtoken.com/nsavx-token
The NSAVx Discord Server can be accessed at https://discord.com/invite/7Q2Vv5NmKd
The NSAV Twitter account can be accessed at https://twitter.com/nsav_tech
The NSAV corporate website can be accessed at http://nsavholdinginc.com
NSAV Reports Strong First Quarter 2024 Financial Results
https://www.nasdaq.com/press-release/nsav-reports-strong-first-quarter-2024-financial-results-2024-05-16
PUBLISHED MAY 16, 2024 8:40AM EDT
LONDON, UK / ACCESSWIRE / May 16, 2024 / Net Savings Link, Inc. (OTC PINK:NSAV), a cryptocurrency, blockchain and digital asset technology company, announced today significant financial and operational achievements for the first quarter ended March 31, 2024, as filed with OTC Markets.
First Quarter 2024 Financial Highlights:
Revenue: Revenue reached $204,800,262 million, marking an increase of 837% compared to the fourth quarter of 2023.
Intangible Assets: Intangible assets rose significantly to $204,800,262 million, or $0.0327 per share.
Operational Highlights:
Product Innovations: Launched Airdropx.co and expanded offerings on https://nsavx.com. Introduced the NSAVx V1 ERC-20 token.
Market Expansion: Began integration of onramp/offramp services for the exchange and credit card onramp capabilities for the platform.
Regulatory Compliance: Successfully registered with FINCEN as well made application with Lithuania, Singapore, Dubai and Ireland. The company also made registration as a Money Transmitter with the State of Colorado. The licenses and Money Transmitter registration are under various stages of the review process and we expect then to be awarded in the second quarter of 2024.
User Growth: The user base of NSAVx.com grew to 618,496 as of May 15, 2024.
Second Quarter 2024 Outlook and Objectives:
Revenue Goals: With the full functionality of the onramp/offramp on the exchange, the company plans to strategically convert a fixed percentage of digital assets monthly to support operations.
Growth in Intangible Assets: Targeting an increase in intangible assets to between $500 million and $750 million.
Technology Development: Plans to launch NSAVPay.com, integrating payment options for consumers and merchants directly from their NSAVx.com wallets.
NSAV released the following statement, "Our impressive performance in the first quarter is a testament to our strategic focus and commitment to establishing a leadership position in the global digital asset market," said NSAV management. "We are poised for continued expansion and innovation in the coming quarters."
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 Centralized Cryptocurrency Exchange (CEX) website can be accessed at https://nsavx.com/
The AirdropX.co website can be accessed at https://www.airdropx.co/
The NSAVx Token website can be accessed at https://www.nsavxtoken.com/nsavx-token
The NSAVx Discord Server can be accessed at https://discord.com/invite/7Q2Vv5NmKd
The NSAV Twitter account can be accessed at https://twitter.com/nsav_tech
The NSAV corporate website can be accessed at http://nsavholdinginc.com
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 Net Savings Link, Inc. to accomplish its stated plan of business. Net Savings Link, 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 Net Savings Link, Inc. or any other person.
Contact:
Net Savings Link, Inc.info@nsavholdinginc.comMedia ContactOrganization: Net Savings Link IncContact Person: James TiltonWebsite: https://www.nsavholdinginc.comEmail: info@nsavholdinginc.comContact Number: +17185698815Address: 26 Grosvenor Street, MayfairAddress 2: W1K4QWCity: LondonCountry: United Kingdom
SOURCE: Net Savings Link, Inc.
Your arguments are faulty. You compare Nick Campanella to OJ Simpson.
When you put it that way, it sounds really dire:
Not to mention a history of 31 multiple aliases, and the foulest language this board has ever seen.
#31 @OTCstocks23 2/2/24
#30 @Benidiot99 1/17/24
#29 @Benidiot69 1/17/24
#28 @Benidiot1 1/17/24
#27 @Nickscammer123 1/16/24
#26 @Nickscammer 1/16/24
#25 @Bencocklover 1/16/24
#24 @Bendumbass 1/15/24
#23 @Snpwscam 11/18/23
#22 @SCAMPANELLA 12/17/23
#21 @Drugmanidiot1 12/9/23
#20 @Benidiot 12/8/23
#19 @Benclown 12/3/23
#18 @Bencisaclown 11/28/23
#17 @SNPWclowns 11/27/23
#16 @NickScampanella1 11/26/23
#15 @NickScampanella 11/25/23
#14 @Benasslicker 11/21/23
#13 @Bobslo 11/11/23
#12 @Meninblack 11/6/23
#11 @EM2023 10/22/2023
#10 @CS2023 3 10/21/2023
#9 @OTCalerts88 09/28/2023
#8 @Scammeralert88 09/25/2023
#7 @SNPWbuster 09/21/2023
#6 @OTCsleuth8 09/20/2023
#5 @OTCinvestor88 09/19/2023
#4 @SNPWfraud 09/18/2023 09:28:27PM
#3 @Clownbusters 09/18/2023 06:49:03 PM
#2 @Scammerpolice 09/17/2023
#1 @Raymond W 09/16/2023
Did I try to justify it? I don't recall trying to justify it. I was just pointing out that Form 10-K is due 15 days after the the first solar eclipse of spring in states in the path of totality, unless it was cloudy.
Our 10-K annual report is due 90 days after our fiscal year ends on December 31st. In a leap year that would be March 30th. But because March 30th this year was a Saturday, the due date became Monday, April 1st. With the fifteen-day extension, the due date is now Tuesday, April 16th.
Here are some references:
That would be true if the SEC didn't adjust due dates that fall on weekends.
Unless of course the non-market day is not an official SEC market holiday. For example, Good Friday, when the market is closed, but reports can be due.
Yes I did. (I'm the one who put the due date rule information in the board IBox info page because we used to have lengthy due-date debates every time a report was due.) The extension always begins one calendar day after the due date. The due date itself is never considered the first day of the extension. So the fifteen-day extension started on April 2nd.
Look at it this way. If something is due on a Monday, and you are given a one-day extension, then it is due on Tuesday. You don't count the Monday as the first day of the extension, because then it would still be due on Monday. ;0) Similarly if something is due on a Monday and you are given a two-day extension, it is then due on Wednesday. If you counted the Monday as the first day of the extension, it would be due on Tuesday, and your two-day extension would only have given you one extra day.
So to recap, this year being a leap year the annual report due date would have been March 30th. But since that was a Saturday and due dates that fall on non-market days are always adjusted to the next market day, the due date became Monday, April 1st. The extension gave an additional fifteen calendar days beginning on April 2nd, making the due date April 16th.
It's due the 16th this year.
Hey, thanks, Renee. I guess we'll see the change tomorrow.
Yeah, the "predetermined timeframe" part is very intriguing. Seems to me they were saying that it is predetermined by the company.
I'll give you two answers to your question.