is...retired
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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.
Insiders can't buy shares except within the 30 days after fins are released.
Sorry, you will have to read that for yourself. There are some examples given. Look for 'closing indicative value' and relate that to what we call 'share price'.
The divi is based partly on the share price when it is determined. This time, the sp was down, so the divi is down. The prospectus explains it, but it is complicated. Rule of thumb is that if the SP is up when the divi is determined, the divi will be higher.
The buyback is on hold because there won't be one. NSAV is losing over a million dollars a quarter, and doesn't have a penny to buy anything with. Every stinky pinky CEO knows to throw that 'bait' out because shareholders will get stars in their eyes and actually believe it will happen. When have you ever SEEN one in a sub penny stock? You haven't. Neither have I.
To answer the question, read the fins.
NSAV assets are called 'goodwill', which is a nebulous item. Yes, I know it is about crypto, but seriously, $89,000,000 in 'assets'? My ass.
NSAV has several officers, some with quarter million dollar a year salaries. Those salaries are to be paid with preferred stock. That is, THEY get paid before WE do if there is any money to pay anyone.
Third, the 'revenues' are FAR less than the expenses. They are losing over a million dollars per quarter for the last 2 quarters.
They have talked about a share buyback, but they can't because they have no money.
They have talked about uplisting, but they can't because they can't get an SEC auditor to audit them until they get all their shares registered and become DTC compliant - all of which takes money, which they don't have.
So, here we are, twiddling our thumbs and watching what's left of our 'investment' constantly shrinking. Some people see a bright future, but the past tells the real story. The fins tell what has been accomplished - which, at this point, is bleeding money like a stuck pig.
Etrade usually posts dividends around midnight.
I'm not about to pay to get my free shares. They will not be able to uplist until they fix that unregistered share problem. With only 500K shares, that would be about $2200, almost half of which it would take just to remove the restriction and register the shares. Nope. I'll wait it out.
What is your definition of 'ask stack'? I know what it is supposed to mean, but I don't see it happening here. I always buy and sell at a limit. When the sp hits my trigger point, something either buys or sells. I usually have them set for 60 days. Nothing right now, but I'm curious why you would claim ask stacking on a stock that is almost dead.
I bought 10K more yesterday at $5.03. And 10K more today at $5.05. Now I'm in good shape, too. That's an even 100K for me, and another 100K for my partner.
Smart traders don't sell on the way down. I still have 100M trips...and won't sell any until there is demand - meaning the sp is going up. Asking people to sell is asking them to tank the stock even further.
Anyone that bought when it was over .05 has to be hurting with a 10X loss, and no sign it will recover. Any of those folks could simply be recovering what they can and moving to something with more promise.
When people exit a stock, they often do it at market, just to recover what they can. I tend to exit at a limit, but close to the bid, so every time it bumps into the bid, some of them sell. I'm exiting one right now like that.
Yesterday was ex-dividend day. It always drops by at least the amount of the dividend on ex-dividend day. It generally slowly regains it over the month if the upcoming dividend is attractive. You can just ride these out. As soon as I get my dividend next week, I will buy more if the price is still low.
Even that is not true. Shares don't go to MM's, they go to a company. That COMPANY is who sells them on the market, and the MM's handle the processing.
No, they have not announced a share buyback yet. And when they do, it will be an SEC filing explaining the whole process before a single share is purchased. Companies caught manipulating their own stock price can be fined substantially by the SEC. It is ILLEGAL.
aaaannnndddd....? Yes, that is exactly what their job is. They are between buyers and sellers, and make a commission on each end of each transaction.
Too many shareholders believe mm's make money on the stock price change. No, they don't. They don't care which way the market is going, they get paid by each seller and each buyer.
What does that have to do with anything? If a seller wants to sell at market, they will. That drops the price. Period. There are thousands of other shareholders doing whatever THEY want to do. If I wanted to sell millions, they would be at a limit, and it would take some time to occur, and it would not affect share price at all.
Or, it could be that people with millions of shares that they got in trips are trying to keep some of the profit by selling on the way down. At market, most likely, or the price wouldn't be dropping.
MM's don't make the price drop. Sellers do. Selling at market instantly drops price. All mm's do is take the orders.
You cannot know if they are buys or sells. They go to MM's, and they come from MM's. If you sell at market, they have to buy them. If you buy at market, they have to sell them if they have them. All you know is that there are buys and sells, but you don't know what shareholders are doing.
If shareholders were buying, the price would be appreciating. It's the opposite, which tells me that shareholders are selling, likely at market.
They don't purposely hold the price back. That would highly illegal, since insiders are unable to buy or sell except within the 30 day window after filing fins.
The share price reflects public interest in the company. Both are dropping.
No one is trying to hold the share price down. There are 6 billion shares out that were once worth less than .0001. Those are probably always trickling out at market or at a low limit. They are still making thousands of percent gains.
The longer this stock dawdles along doing nothing, the longer people will sell off to keep what they can and put the money into something that is moving.
NSAV has been in this exact situation since 2017. I don't expect ANYTHING to change, because the PR-a-week bunch think making deals that go nowhere is more important than fixing the broken corporate financial/share structure.
They talk about uplisting but do nothing it takes to uplist.
They talk about buybacks, but have no money to do it, and a ballooning salary deficit that will be paid with preferred shares.
They talk about no RS, but they are in charge of it, and can change the Articles of Incorporation at will and do an RS any time they want to.
In other words, a bunch of meaningless words until they actually start to do any of these things.
I view these as pure pumps to keep shareholders 'hoping'. All pinkie CEO's know those words are how to trigger shareholders. I don't think I've ever been one that didn't mention uplisting, but not one ever did. Even JT used it some years ago.
There are a number of requirements to be met in order to uplist. Share price is but one. The real sticker is getting an SEC-approved auditor and becoming SEC reporting, vs alternative reporting. That is no small challenge.
One reason is that nearly 10% of all NSAV shares are not registered, and are restricted. That will have to be corrected. Then, of course, NSAV would have to become DTC eligible, which means DTC holds the shares instead of how it is now done, which is unknowable currently.
But since NSAV's lawyer can 'free' these unregistered, restricted shares for a measly $500, it CAN be done. There are hundreds of millions of these (common) shares and they will ALL have to become registered, AND unrestricted before they can even THINK about uplisting. They can't even get an SEC auditor until that mess is cleaned up. I personally have half a million of these shares.
NSAV will occasionally mention uplisting, but you should think of that as a pump, not a promise. At least until they start sorting out the mess.
I'm up to over 150K shares of USOI now. I buy more every month. I'm hoping the divi continues to increase during this energy supply crisis. At some point, this will all end, so it's make hay while the sun shines, for me.
Again, with the baloney. You need to get your facts straight and quit spewing crap that less experienced traders might believe.
I've had etrade since 2008, and know how it works quite well. They don't charge $6.95, they charge $4.95 for penny stocks. I placed an order today to sell NSAV
"Estimated commission
$4.95"
You do have to execute 30 trades per quarter to get that pricing, but I always do.
They do not require a limit sell, ever.
I have bought 20M shares since it hit a penny, but of course I do use a limit when buying anyway.
So, today, I set up a market sell for 10M shares of those I recently bought.
Sell 10000000 NET SVGS LINK INC COM NEW (NSAV) MKTMarket Market Good for Day $0.0077 $0.008 $0.008 Open
Your order has been placed
Account: XXXX-3782
Order Number: 1237
Order type: Sell
Security: NSAV
Term: Day
Price type: Market
Execution price: $0.0077
Order quantity: 10000000
Quantity executed: 80408
Quantity Remaining: 9919592
And here is proof that selling a large number of shares at market drives the sp down. All 10M sold at market....(Sorry folks, I'll buy them back and bring the price back up. But now you know, and if you dump at market, you will cause the same share price drop.)
06/07/22 01:08 PM ET Sell 22200 NSAV Executed @ $0.0071
06/07/22 01:08 PM ET Sell 4881840 NSAV Executed @ $0.007
06/07/22 01:08 PM ET Sell 12467 NSAV Executed @ $0.007
06/07/22 01:08 PM ET Sell 22200 NSAV Executed @ $0.0071
06/07/22 01:08 PM ET Sell 20000 NSAV Executed @ $0.0071
06/07/22 01:08 PM ET Sell 769990 NSAV Executed @ $0.0071
06/07/22 01:08 PM ET Sell 200000 NSAV Executed @ $0.0071
06/07/22 01:08 PM ET Sell 160000 NSAV Executed @ $0.0072
06/07/22 01:08 PM ET Sell 1000000 NSAV Executed @ $0.0073
06/07/22 01:08 PM ET Sell 200000 NSAV Executed @ $0.0073
06/07/22 01:08 PM ET Sell 100000 NSAV Executed @ $0.0073
06/07/22 01:08 PM ET Sell 12820 NSAV Executed @ $0.0074
06/07/22 01:08 PM ET Sell 100000 NSAV Executed @ $0.0074
06/07/22 01:08 PM ET Sell 40000 NSAV Executed @ $0.0074
06/07/22 01:08 PM ET Sell 10000 NSAV Executed @ $0.0075
06/07/22 01:08 PM ET Sell 2028699 NSAV Executed @ $0.0075
06/07/22 01:08 PM ET Sell 29000 NSAV Executed @ $0.0076
06/07/22 01:08 PM ET Sell 258876 NSAV Executed @ $0.0076
06/07/22 01:08 PM ET Sell 51500 NSAV Executed @ $0.0077
06/07/22 01:07 PM ET Sell 80408 NSAV Executed @ $0.0077
As I proved yesterday, Etrade has no such restriction on selling pinkies. If you think otherwise, you are not placing a market sell.
Brokerages do not restrict sell orders. They may restrict buy orders. Etrade does restrict buy orders, but all you have to do is look at the offer and place a limit buy order that is within the spread.
I am not making this up - I do it all the time. I proved it yesterday.
Anyone else with etrade or any other pinky want to give it a shot? All it costs is any brokerage fee, and not all brokerages charge fees on OTC. Etrade does, so it cost me $10 yesterday to sell 100 and buy 100 back.
I've never heard of ANY brokerage that forces limit sells, although that's the only way I ever sell.
Did you try it, as I did? Etrade had no problem selling it. I don't think any brokerage forces limits on sells, only buys. But I only know about etrade.
Nope. Yes, market orders are fast because they are essentially instant.
I've done it a few times long ago, and you can watch it walk the price down. I sold 44M shares of bvtk at market just to get the cash I needed and get out of bvtk while the getting was good. Each tranch was lower than the previous one. I could go back and find that transaction, but I'm not gonna.
MMs have a bid/offer and QUANTITY. Each time they fill an order for that quantity, they can change their spread. That's what they do with large market orders.
Wrong!
Considering I've been doing it since 2008, I thought maybe I should see if anything has changed. I never sell at market, but I did a test today using etrade. No problem selling...
Account: XXXX-3782
Order Number: 1234
Order type: Sell
Security: NSAV
Term: Day
Price type: Market
Execution price: $0.0084
Quantity: 100
Purchasing is a different story. I bought 100 back.
Account: XXXX-3782
Order Number: 1235
Order type: Buy
Security: NSAV
Term: Day
Price type: Limit at $0.0085
Execution price: $0.00845
Quantity: 100
So, yes, you can sell pinkies at market. Always could.