is...retired
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That is not how it works. NSAV takes out loans, with no expectation of paying them. When they come due, shares come out of the treasury, at a huge discount, to pay off the loans. Then, those shares are dumped almost immediately by the lender, which drives down the share price, because they DUMP them at market and get their loan back plus profit.
That is the reason the AS was increased and is why the OS continues to increase. To get loans that are backed by shares. Gotta have the shares in reserve to be legal. When these are gone, it may repeat. Meanwhile, dilution is killing us, as well as when they dump those shares...double whammy.
These things would show in the books of course. IF they were making any revenue or profit from it. The fact that nothing shows in the quarterly reports, and the unavoidable fact that they continue to sell shares to keep the doors open SHOWS US that there is nothing there yet.
You all do understand, don't you, what a holding company is and does? There is no product. There is only ownership of parts of other companies. And if those companies are not public, there is no requirement for them to give up their financial situation.
What we need to look for is revenue from those companies. Those companies will not give a penny to NSAV until there is PROFIT. It is called profit sharing, not revenue sharing. Their revenue is used to keep THEIR doors open. NSAV gives shares away to keep its doors open.
To my knowledge, NSAV has never received a penny of profit from any of its endeavors, since 2017. It continues that way, today, some 5 1/2 years later.
Lower your expectations. That 2 year chart shows exactly what has been happening. The share price may never hit a penny again.
Business doesn't work by telegraphing its intent. Deals are worked out and signed before the public is informed. NSAV hasn't learned that very well, since it announces all kinds of deals and then crickets... Rydehails, anyone?
Recent News & Activity
Funding Round
Apr 22, 2021 Rydehails raised an undisclosed amount / Corporate Round from Net Savings Link
No, the west coast is not asleep. Traders are awake during trading hours. I think trading should be a 24 hour affair... Why should trading be limited to only 6 1/2 hours per day in the US? Yes, I know you can trade after hours, but that's not the point.
It always drops when the fins are released. Expectations not met. Look at the last 1 year on the chart...sad.
They lost another $1.2M for the quarter. That's the only thing you need to know.
I'm guessing between $1-2 M loss for the quarter.
Of course the OS is over 6B. NSAV lives on convertible loans, and has for years. The increase in AS was the clue that this is to continue. They sell shares to keep the lights on, and don't pay the loans back except with highly discounted shares.
That is how we GOT TO A 6B+ OS.
There will be no share buyback while losing a million dollars a quarter.
I wait until the price drops and then buy more shares with the dividends. I used to DRIP them, but that means you're paying more for the shares.
Those transactions are also covered in the quarterly report.
List any stock split, stock dividend, recapitalization, merger, acquisition, spin-off, or reorganization either currently anticipated or that occurred within the past 12 months:
On February 28, 2021, the Company entered into a definitive share purchase agreement with Virtuabroker Ltd., a company incorporated under the laws of England, to acquire ten percent (10%) of the shares of Virtuabroker Ltd., in
exchange for a cash payment of sixty thousand and sixty U.S. Dollars ($60,060.00).
On March 6, 2021, the Company entered into a definitive agreement with an affiliated party, TG Private Equity Inc., to acquire a 25% stake in SBCDF Investment, Inc. The purchase price for the acquisition was 500 million restricted Series Preferred B shares. The Company retains an option to purchase an additional 25% under the same terms. On April 9, 2021, the Company notified TG Private Equity Inc. that it will exercise said option.
On April 6, 2021, the Company entered into a definitive share purchase agreement with Eminaich LLC., a Wyoming limited liability company, to acquire a 20% stake in a startup ridesharing platform, Rydehails LLC, a Wyoming limited liability company. The purchase price for the acquisition was 31,928,481 restricted Series B Preferred Shares. The Company retains an option to purchase an additional 10% stake in Rydehails LLC for two million U.S. Dollars ($2,000,000.00).
On August 5, 2021, the Company entered into a definitive agreement with an affiliated party, TG Private Equity Inc., to acquire a 40% stake in Super Chain Capital Ltd., a company incorporated under the laws of Hong Kong. Super Chain
Capital Ltd. owns and operates the premium OTC cryptocurrency trading desk, www.HKOTC.co , which is also based in Hong Kong. The purchase price for the acquisition was thirty thousand U.S. Dollars ($30,000.00) in cash and eight million
U.S. Dollars ($8,000,000.00) of restricted Series B Preferred Shares.
On October 21, 2021, the Company entered into a Letter of Intent (L.O.I.) to acquire a 51% stake in Bwang Group Limited, a company incorporated under the laws of Hong Kong. Bwang Group Limited owns and operates leading
cryptocurrency exchange BW.com, www.BW.com . Due to a confidentiality agreement, additional terms were not disclosed.
On December 31, 2021, the Company entered into a definitive agreement with an affiliated party, TG Private Equity Inc., to acquire a 5% stake in Singapore based Technicorum Holdings www.technicorum.com , with an option for an additional
stake. Technicorum is a global investment and compliance company. According to Technicorum, their post-money valuation is $120 million. Technicorum is a consortium specializing in digital assets, with expertise in ICO’s, IEO’s and
IDO’s, and over the past year, into DeFi and NFT’s, as well as recently, GameFi, SocialFi, and the Metaverse.
On January 17, 2022, the Company entered into a definitive agreement with an affiliated party, TG Private Equity Inc., to acquire a 50% stake in Vagabond Technology Solutions, LLC. NSAV and Vagabond will together further develop and Market Vagabond’s already rapidly growing blockchain protocol https://vagabondapp.io/ . The purchase price for the acquisition was one million U.S. Dollars ($1,000,000.00) of restricted Series B Preferred Shares.
On January 27, 2022, the Company entered into a definitive agreement with an affiliated party, TG Private Equity Inc.,
to acquire a 10% stake in Metaverse Network LLC. (MNC) https://metaversenetwork.llc/ . MNC’s main asset is its ownership of leading cryptocurrency exchange, BQEX Ltd. https://bqex.ltd/ BQEX Exchange has over 4 million registered users. The purchase price for the acquisition was one hundred thousand U.S. Dollars ($100,000.00) in cash, twenty-five million U.S. Dollars ($25,000,000.00) of restricted Series B Preferred Shares and two hundred thousand U.S. Dollars ($200,000.00) of unrestricted common stock.
MNC’s additional holdings include VAEX, a Centralized Cryptocurrency Exchange (CEX) regulated in Dubai.
https://vaex.tech/en_US/. VAEX is one of the few Centralized Crypto Exchanges that connects Centralized with Decentralized Wallets. Hive Codes Incorporation https://hive.codes/ , the world’s first blockchain home mining device able to mine multiple tokens. Jinbao NFT, based on Jackie Chan's, "The Little Big Soldier” https://jinbaonft.com/ . The Awallet WEB3 Wallet platform, which has the capability to allow blockchain users to manage more than 100 different cryptocurrencies from their mobile device securely and efficiently.
On February 25, 2022, the Company entered into a definitive agreement with an affiliated party, TG Private Equity Inc., to acquire a 50% stake in crypto mining company, HIVE Strategy LLC. The purchase price for the acquisition was forty
thousand U.S. Dollars ($40,000.00) in cash and Five million U.S. Dollars ($5,000,000.00) of restricted Series B Preferred Shares.
It is a bit difficult to identify exactly what is a product, what is a service, and what is a separate entity, but this is what the quarterly report says:
5) Issuer’s Business, Products and Services:
Net Savings Link's vision is the establishment of a fully integrated technology company that 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, advisory services, financial services and information technology.
The Company has and will continue to invest in companies in the cryptocurrency, blockchain and digital asset sectors.
On August 9, 2021, the Company launched a centralized cryptocurrency platform, NSAV Exchange. The company plans to commence operations as soon as the legal, regulatory and compliance issues are completed.
The Company owns the NSAV Premium OTC Cryptocurrency Trading Desk https://nsavholdinginc.com/otc-desk/ .
The Company holds a 40% stake in Super Chain Capital Ltd., a company incorporated under the laws of Hong Kong.
Super Chain Capital Ltd. owns and operates the premium OTC cryptocurrency trading desk, https://hkotc.co/ , which is also based in Hong Kong.
The Company owns the NSAV Decentralized Cryptocurrency Exchange, NSAVDEX 1 https://nsavdex.org/#/home running on Okex Chain.
On December 6, 2021, the Company launched its NSAVDEX Native Token, the NSBC, which is currently trading on the VAEX Centralized Crypto Exchange (CEX)
https://www.vaex.tech/en_US/trade/NSBC_USDT .
The Company owns the NSAV Decentralized Cryptocurrency Exchange, NSAVDEX 2 https://nsavdex.io/ running on Binance Smart Chain.
On March 4, 2022, the Company launched its NSAV NFT Marketplace, https://nsavnft.com/ , a 50/50 joint venture with Vagabond.
On March 24, 2022, the Company announced the launch of HIVE, the first blockchain home mining device that can mine multiple tokens.
On April 7, 2022, the Company announced the launch of the BLACK HIVE blockchain home mining device, PoF (Proof of Flow). The new BLACK HIVE’S Proof of Flow model of mining has replaced the PoW (Proof of Work) and PoS (Proof of Stake) and makes this new generation device more ECO friendly and power consumption friendly.
On April 26, 2022, the Company, in partnership with Metaverse Network LLC., launched the HIVE MULTIMINE App, whereby users can now mine cryptocurrency on their smartphone, without the need for a traditional mining device. The HIVE MULTIMINE App is now available to download in the Apple Store and on Google Play.
There is no product line. The CEO is irrelevant. This is a holding company, meaning it owns parts of other companies and makes money if and when those other companies are profitable. PROFITABLE. NSAV gets a portion of the profit based on its ownership percentage. Not revenue, profit.
Read the fins. Look for any income from its folder of companies.
Again, NSAV has no product line. And, it won't ever have one.
You can go back through the years and see when all the announcements were made, and how much the dividends have been. I often browse through previous years...
It is posted on Credit Suisse's site under press releases, August, as it always is.
Your guess is as good as anyone else's. But it is still a guess. They failed to communicate what they actually mean. Shareholders want to know exactly what such statements mean.
Next level of WHAT?
It's always press released at Credit Suisse.
Credit Suisse PR's
It's $.0934...
The 50 grand I lost today says otherwise...
No, private companies do not reverse merge with holding companies. They generally do it with a non-functioning shell company that has no business. I have never seen it happen with a functioning company, let alone a holding company.
In order to become SEC reporting, they will have to fix the stock problem first. They can't even be audited until the stock is all registered with the DTC, and as of right now, they have no plan to do that, because almost 10% of the stock is held unregistered at all. I have a half million shares of that unregistered stock, myself.
There will be no reverse merger of a private company with a holding company. They are different animals entiredly.
I don't expect any earnings. About another million dollar loss, like last quarter, is what I expect. I don't expect things to change in pinky-land until they actually do.
NSAV has not made a penny since it started in 2016.
Show me the word promise. You can't. CEO's say shit all the time. That does not constitute a promise. Shareholders with stars in their eyes think every word on a press release or a tweet are promises. DUMB! Read their filings and forget the tweets.
Now, that is some real digging. 2001? Nothing whatever to do with NSAV? Uh, you might want to try something relevant if you want to make a point. A lot of shit happened 20 years ago. There are different rules now. Try to stay within the lines.
They didn't promise a god damned thing. Nothing. Learn to read.
Why on earth would anyone be crying SEC? Stinky Pinkies are the most risky stocks you can invest in. It isn't actually investing, it is gambling. As long as they aren't breaking SEC rules, there is nothing the SEC would care about.
Put your big boy pants on and either risk your money here, or elsewhere, or buy baseball cards. No need to whine here...
In Etrade, the dividend posts after midnight of payday. Mine will be there in the morning. All $36K of it.
A sensible person knows that NSAV tweets out everything they do. Any endeavor associated with NSAV that is not tweeted out by NSAV is obviously bogus. And anyone that accesses such a bogus endeavor had better start changing their passwords, since often, all they want is names, email addresses and passwords, just like any other phishing source.
I don't know what you are talking about. All I said is whoever owns the stock at market open on ex-div day get the div. Period.
That's what I said.
Most of my dividends happen in my IRA. Probably 90%...I just use them to buy more shares when the price drops...
It doesn't matter. I use etrade, but as soon as you see shares in your account, they are yours as far as ex-div dates go. It goes by who owns the shares at market open on ex-div day. If you sell the day before, you don't get the div. If you buy the day before, you do get the div. It is really that simple.
Not true. Does not have to settle first. The record date identifies who owned it on ex-div date and you own it if it's in your account.
I already gave money to JT for MJCoin, never to be seen again. $500 bucks that simply disappeared. I own NSAV stock and that's all I'm going to own. If NSAV is successful at *anything* the stock price should reflect it.
If you had paid more attention, you would realize this was done before the AS was expanded, as a way to sell off the balance of the then-existing AS. After they expanded the AS, they didn't need it as written, because the AS is now larger. They will either use this larger AS to acquire more technology, or use it to raise money via selling shares and diluting us further or to back convertible loans, which will also dilute us further.
Not sure what that means in terms of NSAV, but LCLP is bleeding shares like a stuck pig...
Common Stock outstanding prior to this Offering
1,794,446,647 shares (as of June 3, 2022)*
Common Stock outstanding immediately after this Offering
2,304,446,647 shares (as of June 3, 2022)*
Let's just keep this board to NSAV. Does not matter WHAT any other company does, this is the only one that counts.
It is not trading sideways. It is trading down, has been since last August. It has cost me over 10M dollars so far. Sideways, my ass.
Not if they are insiders. If they know anything about NSAV that we don't know, they are insiders...duh.