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I think working with Wellington Shields Investment Banking Firm with seats on the Exchange, who has issued a firm commitment with $30mm in debt and $30mm in equity to NASV, gives them the ability to get "waivers" from the Exchange on certain criteria with Wellington's backing for up listing! This is what I understand is the value of having the commitment!
Amazing Company, way undervalued.
We need more eyes on NASV! Can't believe it is being held down here by a few day traders! A good rush of buying will bring this one up to where it should be! Tell your friends!! This is a "HOT".
Company Website! I talked to the CFO a few weeks back and a new site is being constructed. They are aware and are working on updating but wanted feedback as to the design before it was put together. He said they expect it up and running by first week of May.
Wow! Where did everyone go? NASV in my book is one of the better investments on the pennies! Did Russia invade Ukraine or what!
It was part of yesterday's Press Release: As part of the approval, JD has already completed financing and ordered a $1.3M Grove 275 Ton crane and expects delivery shortly in the next few weeks.
Very true! Trend is up though! Hope to hit the $.05's soon, not much resistance so should see sometime soon!
Could see the $.05's this week!
Another Acquisition in the wings??
"These efforts demonstrate NAS's ongoing commitment to increasing shareholder value (without consideration to further acquisitions -- which we hope to announce progress on that aspect of our growth strategy in the not too distant future)."
All good news!! Another Acquisition to be announced soon? That is what I read, this would be huge ~!!!! This Company is on FIRE!
NASV UP OVER 1,635% SINCE FEBRUARY!! NEED I SAY MORE!
Put this on your one to watch! If you are not watching, you will miss out!
Put this on your one to watch! If you are not watching, you will miss out!
My prediction is! We will have another acquisition announcement just before uplifting to AMEX! Just a hunch!
Not much in the way of hitting the $.05's
Oil is expected to surpass $125.00 by years end my sources say who are in the know! This can only be good news for Domestic O & G production and NASV!
Great analytical review here on NAS CD! I think we all agree with you, this is the real deal and not hype being released from the Company! Solid Management which is key and I believe will execute on what has been announced! Good job!
It does look great! Bullish!
(the "Company") announced today it has signed two investment banking agreements with a leading New York-based investment banking firm to assist in acquisition financing and public offering.
The investment banking firm, founded in 1925, is one of the oldest in the United States, a member of the New York Stock Exchange and a full-service broker-dealer employing over 500 people. The firm manages two Morningstar-rated mutual funds, with five offices throughout the country, over 70 retail brokers, over 10 research analysts and a pair of institutional desks trading for 800 institutional clients throughout the world.
Under the first agreement, the Company has retained the investment banking firm as its exclusive placement agent and financial advisor in connection with acquisition financing of up to $30,000,000 in debt. The Company must meet various terms and conditions, which it believes are reasonable and attainable in due course of business of this type.
The second agreement is a $30,000,000 firm commitment underwritten public offering on a major exchange (AMEX or NASDAQ) represented by the investment banking firm. The planned public offering is subject to the Company's successful auditing and acquisition of its current target businesses.
The Company's Director and CEO, Bob Chance, said, "We are very pleased to establish this relationship with such a prestigious New York Stock Exchange member firm, which confirms and validates our business plan. We expect the assistance of this well established investment banker to accelerate our growth strategy through acquisitions and with their assistance, move to NASDAQ or AMEX. We have launched an aggressive acquisition program, with our internal due diligence completed on some and beginning on several new acquisition targets. Our management believes we can satisfy the conditions in both investment banking agreements and continue our new journey as a Public Holding Company."
Sub penny holders taking profits! Just an upward correction.
That is awesome, 1/3 of the shares held by insiders!!!! Fool if you are not in here!
Won't be long and the word will be out about NASV!
The agreement reads and stays in effect until one or the other party notifies them in writing of cancellation. Don't think that has happened as they have stated in past press releases of still working with them!
Can't tell you how huge this is!! This adds tremendous credibility to NASV!!! This also validates the plan as laid out to Investors to move to the Big Boards!!! If you don't believe in this Company now and the future, might as well move on!!
Thank you for the post, but everyone keep in mind NASV's Wall Street Investment Banking Firm, who's name will be revealed I am sure once they are in the up listing process. Most credible Firms do not want to be mentioned in penny stocks:
"The Exchange has broad discretion regarding the listing of a company. The Exchange is committed to list only those companies that are suited for auction market trading and that have attained the status of being eligible for trading on the Exchange."
Although it seems on the surface NASV does not meet the criteria yet, with the backing of the NY Investment Banking Firm with commitments of $30 million in equity and $30 million in debt financing, they will be able to negotiate "wavers" from the Exchange which is done all the time!
I am sure they are positioning themselves accordingly!
I agree, big blocks being bought here, this is why I expect resistance after we pass $.05 at around the $.07 range. Indicators are up, and expect to see another appreciation swing to $.07, anyone not buying here will miss the boat! When the Company announces they are starting the buy back, this could easily be in the teens quickly.
No stopping this Bull!!!! Go NASV!!
Frisbie/Foodini, who cares how many times you change your name, you still are not credible here!
NASV is in the right place at the right time! See article I came across:
Fracking has transformed the U.S. energy industry. One hundred new wells are drilled daily, creating so much supply that the U.S. is now the single largest producer of oil and gas combined, according to Russell Gold, author of The Boom: How Fracking Ignited the American Energy Revolution and Changed the World. He tells The Daily Ticker that fracking -- which uses millions of gallons of water and chemicals to fracture shale and release natural gas -- "has redrawn the global energy landscape."
Gold has followed the industry since 2003 and has a personal connection to it. About five years after he was assigned the fracking beat as a reporter at The Wall Street Journal, he got call from his parents, asking whether they should lease some property they owned in rural Pennsylvania to a drilling company for fracking.
He studied the situation and eventually decided they should because, "it's natural gas, a better fuel for the environment ...
Bottom line, says Gold, fracking is "creating jobs." North Dakota, home to the Bakken Formation, has the lowest unemployment rate in the country at 2.6%.
"We're the envy of the world," Gold adds. "Europe would love to have the energy prices that we do."
Need more exposure, but still increasing my position as I know this will be noticed by new Investors soon.
Looks as though we have eaten through most of the resistance here, I agree if we have another good day or two of buying pressure we could easily see mid 5's to 6's. I would expect another platform there though! Which again is showing excellent signs of a very strong Bull~!
Actually, looking at 60 day historical on NASV, this is a very healthy plateau here in the three cent range. The bounce from sub penny to here has been sustained and it looks like over 60 million shares have traded here! Most of the time when a stock rises fast, as NASV did, there usually is a contraction of 50-60%. We have not seen that here!! VERY HEALTHY!!! This is encouraging and would expect the next jump up towards true valuation will come within the week. Go NASV!
If you research this Company, they consistently have a healthy growth pattern, and are in a very hot market, Domestic Oil and Gas! Not only do they continue to hit the marks announced, they have exceeded expectations. I have no doubt they are going all the way to AMEX!!
We need more news! This is exciting but obviously some sellers showing up from the sub penny level.
You have to trust Bob and the NAS Team when looking at this stock, they have overcome allot to get this Company where it is today and I doubt they will stop moving this to the next level as they have stated! Go NASV!
Obviously day traders playing with the Bid and Ask.
With approx. 600mm shares outstanding, a 1 for 10 split would leave 60 mil in the float and when trading at $.20-$.30 cents pre split, those 60 mil. would now be worth $2.00 to $3.00 per share. My guess is they will do a 1 for 15 to ensure a $3.00 to $4.50 per share price for up listing to NYSE or AMEX. I am sure this will happen with the help of the Wall Street Investment Banking Firm. Then we will see a flurry of Acquisitions being announced! Better grab onto this one now or you will be kicking yourself later folks :)
Break out week for NASV!
Can anyone outline next steps to move onto the Big Boards here? What is involved and how long?
Great Management Team, this one is a long keeper! Good going Bob and Team, keep it up!