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aaahhhh me and my bank account would love that so bad!
Happy Thanksgiving to my US peoples! Granted I'm a day late!
MJ Sector has been doing great this week. NSAV isn't following suit. The volume is also looking pretty bad as of late.
I think people are finally losing interest.
I went from super optimistic, hence my average share price being way too high from when I bought in back in May. To cautiously optimistic, to pessimistic and now pretty much accepted that I'm going to have to eat a pretty shitty loss on this play with NSAV.
I gave NSAV the benefit of the doubt and held on to see where the MJCoin, current, dividend and so on would take us...but with every launch of news the price took a hit.
This stock is truly a flippers paradise, wish I saw it sooner.
Given my loss, I figure I may as well hold off until Q1/Q2 of 2018...but I truly don't see the optimism some on this board see.
Thanks so much c5 for the thorough reply.
I'll reach out to them again with these details.
Cheers
Just got off the phone with my broker (Qtrade, in Canada). We discussed the dividends. Both the rep on the phone and the transfer department have no record or any indication of the dividends, either from when they were first issued and recently.
They have never dealt with Pacific Stock Transfer as well so I have reached out to them to get some information because my broker did have some concerns on how they will transfer these dividends into my account since NSAV is a non-dtc security. They provided a form for the transfer agents over at Pacific to transfer over the dividends directly but remain concerned on how this will be done given the status of NSAV.
They did confirm that it is typical for them to have on record once the distribution is processed by the companies transfer agent, but in this case they don't see anything at all. They found it odd.
They also confirmed that the transfers shouldn't take more than 10 days. So....I dont know what to make of this.
I'll update based on what I hear from Pacific.
So are you saying each individual must contact their broker in order for them to get this special number...and then what?
Honestly this sounds like complete bullshit...yet again...nothing easy with this guy.
but weren't these issued with a 6 month restriction?
This is exactly what I've wondered. People are not going to all of a sudden start smoking weed that weren't just because it was illegal and all of a sudden purchase the product. Yes Im sure they'll see a boost but nothing to blow our minds.
Not sure in the states, but here in Canada (at least in the province of Ontario), it isn't illegal to own a medtainer or anything along those lines..so I'm not quite sure why people have this expectation that once legal in Cali and Canada that sales will skyrocket. Unless of course they had some sort of deal with a big distributor or with the Canadian government in which they were exclusively used as the packaging for the weed. Then yes, I can see legalization having a massive impact on sales numbers.
I bought in when this was on its way up, Im down 70% now and several thousands of dollars, I wanna throw up. LOL I need some weed :) lol
oh please...where have you been? Anytime there is news big or small, there's a dump and this stock drops.
this won't be opening at that number or running out of the trips anytime soon, if at all.
Hilarious...once upon a time .0008 than 0009 then 001, 0012 and so on was the absolute bottom and we were gonna take off and run out of the trips.
every time it goes down to a lower low its the bottom, until the next lower bottom.
stop
This has nothing to do with what I'm posting.
Yah he filed a trademark, but DID HE BUY THE LOGO from "Frans_Kuz".
Also, he said these logo's and labels were designed by his designers. Is "Frans_kuz" the designer? Because if the logo is still up for lease on a site, then NSAV does not own that image. Unless this image is being leased by NSAV which is completely ridiculous for a business to "lease" a clip art logo.
really...do these things not show you guys that JT is NOT transparent and/or is BSing.
Listen, he could have very well bought the logo and it is simply still up, but if so it needs to get pulled down and everyone using it needs to be contacted and have it retracted from usage.
That's how things are done...but like every other f'ing thing this guy does, it's never easy, never by the book...always SOMETHING!always an EXCUSE...always a "reason" or scapegoat.
So has he sent a cease and desist letter to the Indian National Football (soccer) team about the logo?
https://twitter.com/Blue_Tigers_/media?lang=en
or this:
https://www.amazon.com/Twisted-Envy-American-Tiger-Ceramic/dp/B072K7D7B9
Or maybe these guys too...
https://www.teepublic.com/t-shirt/1478698-sketchy-furious-tiger-face?store_id=82713
It is everywhere!
http://www.beershirts.co/Bad-ass-Tiger-Tank-Top--Geaux-Tigers-_p_553.html
This belongs to "frans_kuz"
http://www.istockphoto.com/ie/vector/tiger-face-tattoo-gm97493984-10167734
Should I try to get a hold of him and ask if NSAV has permission to trademark his image?
http://www.istockphoto.com/ie/vector/tiger-face-tattoo-gm97493984-10167734
again..as a shareholder, any potential lawsuits should be of concern. Small or large.
He never answers any legit straight forward questions on twitter. He literally only acknowledges his minions with vague "working on it", "...the lawyer..."
I've asked this dude various times specifically about the logo. He's trademarking the logo and thats great and all. But the tiger being used is a stock image you can find online. I have asked if he has paid for the rights of that image before trademarking and he won't acknowledge. Is he trying to get sued? As a share holder this is very important and he should be answering.
"Of course Michael and we have the best logos, banners and labels in the entire beer industry. Industry insiders have told me so."
Is Donald Trump JT? The tone and wording of this tweet is 100% Trump-esque.
Been trying to figure out as well...looks to be.
Is this company still traded or is it private? No volume and the board looks dead.
touche! very good point!
My favorites today have been...
"...the dividends are yours and no one will EVER cheat you out of them as long as I am alive..."
LOL no one will ever cheat you out of them as long as Im alive!!! hahaha
"...protect my shareholders, as I would any member of my family."
in what world does a CEO say shit like this? Some will be all in love with statements like this, but the lack of professionalism and business savviness is pathetic.
Several? I believe it was 1 or 2...and still to my point. It made no difference.
Being current was never going to solve the buying issue...and he knew it and SAID IT.
I've posted this before, but here's his own tweet:
NSAV Holding, Inc.?
@NSAV_MJTechCo
Follow Follow @NSAV_MJTechCo
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The lack of DTC eligibility caused by the prior managements is the reason people can't buy NSAV, not the stop sign or filings.
11:47 AM - 12 Jun 2017
The above and many other reasons is why Im now constantly putting this guy on blast for constantly backpedaling an diverting.
Its one thing for us to misinterpret what he says and how he accuses some of doing so...but tweets like the one above leave literally no room for misinterpretation.
Let's not pretend he was talking about the medicinal legalization aspect.
Which is completely irrelevant for NSAV in context since it is highly regulated and complete controlled by the government and its licensed producers.
You think that Canadian government is gonna deal in cryptocurrency? Ya we all know how much governments like decentralized currencies.
Let's be real here. Once again he got caught with his foot in his mouth. Despite his constant back peddling tweets he just put out regarding the tweet calling him out.
And let's look at the verbiage "Now that marijuana is legal in Canada..."
Like you said, it's BEEN legal on a medicinal level...for 16 almost 17 years.
But thanks anyway....
Not only that...but I'm personally a resident of Ontario, which would probably be the biggest market in all of Canada and there has been a ton of backlash after the recent plan of the provincial government of how they will roll out legalization.
All sales will be via the marijuana version of the LCBO which is our exclusive seller (government run) of alcohol. Actually only recently did they allow beer sales in some groceries stores. Weed dispensaries will be illegal to operate...so all sales will be via the government...doubt the'll be using MJCOIN...LOL
You'd think the CEO would inform himself of these kind of important details. Not sure what kind of penetration he expects in Canada to provide NSAV Holding services.
Marijuana isnt legal in Canada. Won't be until July if next year. He can't even get that right.
thats one thing that has always got to me. I have done search upon search and I can't find one single human being with NSAV as an employer or client or anything like that other than the publicist, which I already posted about the odd relationship (in my opinion).
When they speak of the "board"...who him and his wife?
Let's see about the dividends....
NSAV Holding, Inc.? @NSAV_MJTechCo Aug 4
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I still have to run it by the lawyers, but I think you'll all be getting your NSAV dividend shares next week. Hopefully early in the week.
and...
NSAV Holding, Inc.? @NSAV_MJTechCo Sep 29
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Michael and all, I'll address the dividends as soon as we are Pink Current. All I can say is that the NYC lawyer is on top of it.
Then....
NSAV Holding, Inc.? @NSAV_MJTechCo Oct 2
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Remember I said I didn't want to talk about the dividends until we were current. Why? I agree it is a major issue...
and last we heard about the divys after he didn't want to talk about them until being OTC Current (Oct 4th). This....
NSAV Holding, Inc.? @NSAV_MJTechCo Oct 6
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I'll try to get you an update on the dividends today.
a week ago...he does not follow through with anything that is tangible.
There are only two things that will move this PPS...the dividends and the DTC eligibility, both things he constantly goes dark on and then comes out of nowhere with some new business spin off/venture when he starts getting really pressed about them.
Funny how the praised DD by some never seem to include his many dropped balls, massive delays, etc....
ummmm...a bit concerning that this trademark is being filed under him personally and not the company. That means JT would own the trademark instead of NSAV Holdings.
Eagleshine, what you posted is irrelevant to my point.
I never said he applied for DTC. He said that there was NEVER a DTC chill because the previous management never applied for DTC.
But it's odd that the actual twitter account for TD Ameritrade actually posted that there is a DTC Chill on NSAV: https://twitter.com/TDAmeritrade/status/910267715071471622
So how is that.
Furthermore...
June 12
NSAV Holding, Inc.? @NSAV_MJTechCo Jun 12
NSAV shows in the system like it has a DTC chill, when it never actually applied for DTC eligibility. I will correct that today as promised.
Then...
NSAV Holding, Inc.? @NSAV_MJTechCo Jun 12
DTC Eligibility/Chill & the SEC filings & stop sign removal top priority for the rest of the day. Keep the faith. NSAV and I are still here.
Sooo...it's October 5th (10:30pm)...whether it be NSAV Link or Holdings, the fact is THIS, STILL NON-DTC which means many still can't buy. This is the problem. He and every other broker says this is the problem.
This whole thing about everything surrounding NSAV Link no longer mattering is ridiculous...debt disappears, now DTC doesn't matter. But you guys still tout these NDAs with these BILLION dollar companies and you completely ignore that those NDAs are with NSAV LINK. But that doesn't fit your narrative so you ignore it.
so with all the praise by some of JT's fans...isn't it at all concerning to you guys that he himself mentioned that the reason why brokerages weren't allowing people to buy NSAV was because of the non-DTC status. I've spoke to my brokerage and although they allow they charge hefty fees. I've contacted a couple of others and they do not allow trading of non-DTC companies...
How can some of you glaze over this VERY IMPORTANT fact that he tweeted!
June 11
https://twitter.com/NSAV_MJTechCo/status/873956261867520000
June 12
https://twitter.com/NSAV_MJTechCo/status/874292150225297408
My dude never really acknowledges the ACTUAL obstacles at hand. Just this constant diversionary talk and tweets. Every other day they are inserting themselves into a new industry and there's never anything of substance behind it.
Today its online currency...whats the proof, and image that literally anybody with some Photoshop knowledge can create.
You have a beer company with logos that were being "worked on all night"...meanwhile the logo is a stock image. Talking about brewing the beer at a facility that isn't even built yet and he's talking about this beer being available in months...
Sending samples of beer...is that even legal?
My guy then talks about a grow-op...no proof of filing or having permits for this.
I can go on, but it wouldn't be anything that hasn't been mentioned.
Not available in my country, unfortunately. I believe TD here in Canada will allow trading of non-DTC and possibly also absorb the cost of non-dtc trades. By current brokerage allows me to trade non-DTC but comes at a pretty steep cost.
But it holds true though, that the DTC issue has not been resolved/addressed. I have been following along closely and I haven't seen the acknowledgement of it since that post that Crybaby just copied.
JT tends to divert from a lot of topics he himself brings up, I just want to see (or hopefully not), that a few weeks from now when all he's been working on with the OTC and attorney letter doesn't address the DTC eligibility and then that because the "thing".
By brokerage has informed me that things will not change on their end until the DTC eligibility is in place regardless of stop/yield signs. Also nothing at all on their end about divy's
So my understanding here is that the stop sign, or yield sign now isn't the issue...but being NON-DTC is whats blocking brokerages from trading this.
My brokerage here actually allows trading, but the fees associated are just over 100 dollars per fill due to the it being a NON-DTC security and they don't absorb the costs associated to filling the buy/sell.
So my question is this, even if we're current and all that, and the attorney letter is done. Will this Non-DTC still be an issue?
There's even a tweet from JT where he confirms the block on trading is DTC related and not current related.
I see posts like this all the time...we don't know the position of those who sold.
If I bought 30,000,000 at an average of .0002 thats a 6K investment. If I sell that at .0007 like it just did we're talking about $21,000. A return of 15K.
There's an idea on this board that this is being purposely held down and whatnot. People are flipping the hell out of this stock and making quite a bit of money at it. If you look at the charts you can see this up and down and almost time it.
So when you wonder why anybody would do it...the answer is to make money, now.
If you have been around NSAV for awhile you'd know that JT has lost the confidence of many long term holders so people are playing this how they should. Short term holds and flipping for profit. It's like clockwork.
Lol glad to know I'm not the only one thinking the same thing.
That's the problem though!
He doesn't mention a single thing in regards to those entities. Not even a hint...all we have is website.
So many people have tweeted to him and emailed asking about the manufacture, the location, etc...and he literally ignores that.
{edit}
He himself I believe even mentioned being part of the brewing and referred to his experience in the industry/field.
I really doubt a sales regional manager would be the signee to a merger or significant business venture.
This NDA can simply be an agreement to use China Telecom for services they offer where pricing cannot be disclosed. I've signed off on these types of NDAs for simply pricing non-disclosure with companies like Google and Amazon when using some of their corporate level services that are fee based.
Also, question regarding the reorganizing. The NDA is with Net Savings Link Inc. Does it still have any standing now that reorganization has happened and it is NSAV Holdings?
100% caught in a blatant lie.
It's not a bash...it's valid...he's copying and pasting what the CEO POSTED!!!
not sure what that's suppose to mean...
but hey everyone's talking about about him being a man of his word...
Are we going to glaze over the fact he said these would be uploaded to the OTC...
What about the 8K that was suppose to be out last friday.
NSAV Holding, Inc.? @NSAV_MJTechCo Aug 16
I'll have a comprehensive PR and 8-K before the end of the week. That's a promise.
And This on the 11th, well last week came and went...
NSAV Holding, Inc.? @NSAV_MJTechCo Aug 11
Remember, as we come to the close of another great week, next week OTC Markets and the start of a new era for NSAV.
NSAV Holding, Inc.? @NSAV_MJTechCo Aug 18
So without any more delays, the financials will be uploaded next week and stop sign removed.
So if its no removed tomorrow? Whats that? A man keeping his word?
I'm only posting the above because this man is being praised for doing something he simply isn't doing.
You cant accuse people of bashing or being paid bashers just for point HIS OWN WORDS out.
Releasing the numbers is a good step forward, but we NEED these uploaded, we NEED the stop sign removed, we NEED the dividend's resolved.
HAHAAAAA damn..like I said earlier today
"100% somebody is going to get blamed. Either the accountants forgot something or didn't include something. Or he'll blame the OTC. "
I agree it would be a huge mistake...but his track record is such.
It wouldn't be the first time. I'm not sure how new you are to NSAV. But JT has dropped the ball quite a few times with promises, timelines, etc...
I use to be a huge defender of his and NSAV. I most definitely want him to come through...but my experience with JT is that there always seems to be something.
It's not gonna happen...lol
100% somebody is going to get blamed. Either the accountants forgot something or didn't include something. Or he'll blame the OTC.
Of course I did my DD.
The point I'm making is where are their clients? Who are their employees? etc etc...
I invested because of "trusting" the CEO of this company based on the assurances he put forth. But after failing to come through with substantial actions that would actually move this PPS I find myself in the same place many others do.
Was it naive of me, to a degree yes, but such was the risk. I was surprised to see such a lack of follow through and now Im just wanting this thing to bump a little more before I'm out.
As it's always important to set an "out" point, mine is this week. This guarantee of the stop sign going and the financials being filed this week is the last one for me. As it should be for many others. I wouldn't be surprised to see a ton dumped this friday or monday after these guarantees fall through like literally all the others.
again...BUILDING WHAT? Beer, e-commerce, grow-op, medicinal marijuana resort.
Again, I ask those like you and others with so much confidence...WHAT is being built, what can a business or consumers pay for that is tied to NSAV?
The above isn't condescending or rhetorical...it's a real question. What is being built? "a great company" is not the answer. What actually is being built?