is...retired
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It is simple. There is a whole industry of manipulating stinky pinkies. There are buying groups that communicate between each other. Their only goal is to make money on these stocks. To do so, they control the share price so they can buy when they want and sell when they want. How do they do that? They HIRE bashers to lower the sentiment on a stock. They do so by making up lies and posting them. They are paid by how many responses their posts get. The bashers spread fud, misinformation, information out of context, and anything else they can think of to raise doubt in actual shareholders minds. They are NEVER shareholders, that is a myth. They usually aren't even traders in any stock. They are paid by the ones that hire them.
You do realize that these buying groups can quickly and easily change the share price by placing market orders. They have hundreds of millions of shares to play with. I could probably drop NSAV's share price by 10% myself.
The ONLY way to deal with them is to put them on ignore, so you don't see their posts and feel obligated to respond. If enough people did that, they would go away because no responses means no pay.
Unfortunately, people do respond, trying to 'correct' them, when that was their PLAN to get the responses. They don't even read them. They COUNT them.
They only have to know enough about the company to make false statements. It works every time.
Vik has none, Jake was paid off with shares.
There is only one class of voting shares, and John K. Park has all of them.
So, yes, if it is voted for, it can happen. That simply means that if Park wants a split, he can vote for it.
It says NO WHERE that every shareholder should be allowed to vote.
In your own writing, you included: "each class or series of stock affected by such forward or reverse split entitled to vote"
THERE IS ONLY ONE CLASS OF JP3E ENTITLED TO VOTE. Get it yet?
Who again doesn't admit their mistakes?
Ok, here is the language in the AOI: Highlighted for those with comprehension problems.
Note that common shareholders are NOT entitled to a vote. ALL voting power is held by John Park. Period.
TWELFTH: In furtherance, and not in limitation of the power conferred by statute,
the board of directors is expressly authorized:
Unless otherwise provided for herein, by corporate law or the bylaws,
if any, adopted by the stockholders, with or without shareholder
approval or shareholder vote, and with or without advance notice to
the shareholders, make, alter, alter or amend the articles of
incorporation or the bylaws of the corporation, including (a)
changing the number of authorized shares; (b) initiating a forward or
a reverse split, provided that the majority of each class or series of
stock affected by such forward or reverse split entitled to vote, votes
in favor of such action, (c) changing the par value of any class or
series of stock (d) merger or (e) share exchange;
To fix the amount to be reserved as working capital over and above
its capital stock paid in; to authorize and cause to be executed
mortgages and liens upon the real and personal property of this
corporation;
That is not what it says. It says "with or without shareholder approval or vote"
The board of directors of any public company can change the articles of incorporation any time they want to. That means they can write a reverse split into the articles IF THEY SO DESIRE. It is THEIR business, and THEY make the rules.
I'm not suggesting JP3E might do a split, just that they COULD if they WANTED TO.
We don't know the expenses incurred with this system. So, we have no idea IF there is any profit or not. Revenue is not profit, revenue goes first toward paying the bills and the employees. What is left over is what we all want to know. They have not told us, and it doesn't look like they are GOING to tell us because private companies do not post their fins.
Although NSAV 'owns' these companies (which defines a holding company), NSAV gets crickets UNLESS there is profit.
A lot of blue sky out there, but it is meaningless talking about revenue alone.
He is not behind. He is ahead of you. You are responding to him, which is what he wants.
Don't you know how to find what the CEO has said? Cmon, you are not asking US, you are fishing, and we're not biting.
He got more in 2023. Again, from annual report.
August15, 2023 - New Issuance 10,000,000 Preferred A - James A. Tilton -Cash Restricted
JT got his preferred shares by buying them for $250.
From NSAV annual report:
2. James Tilton. A related party private transaction, in which 25,000,000 shares of unregistered preferred Class A stock,
par $0.00001 were sold to the Company’s CEO, James Tilton, for $250. This preferred stock is not free trading, and
bears a restricted legend. (He now has 30,000,000)
3. Steven Baritz. A related party private transaction, in which 3,500,000 shares of unregistered preferred Class A stock,
par $0.00001 were granted to the Company’s former CEO, Steven Baritz, for forgiveness of $67,000 in unpaid wages.
This preferred stock is not free trading, and bears a restricted legend.
Here is from OTC's own website...
Current Reporting of Material Corporate Events
OTC Markets Group encourages companies to make public disclosure available regarding corporate events that may be material to the
issuer and its securities. Persons with knowledge of such events would be considered to be in possession of material nonpublic
information and may not buy or sell the issuer’s securities until or unless such information is made public. If not included in the issuer’s
previous public disclosure documents or if any of the following events occur after the publication of such disclosure documents, the
issuer shall publicly disclose such events by disseminating a news release within 4 business days following their occurrence, and
posting such news release through the OTC Disclosure & News Service.
Material corporate events include:
Entry or Termination of a Material Definitive Agreement
Completion of Acquisition or Disposition of Assets, Including, but not Limited to mergers
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of an Issuer
Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement
Costs Associated with Exit or Disposal Activities
Material Impairments
Sales of Equity Securities
Material Modification to Rights of Security Holders
Changes in Issuer's Certifying Accountant
Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review
Changes in Control of Issuer
Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers
Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Amendments to the Issuer's Code of Ethics, or Waiver of a Provision of the Code of Ethics
Other events the issuer considers to be of importance
Don't you know where to look?
Found it. It's the EB-5 program. Here's the press release about it.
Acquisition of CIG international
If I recall correctly, the whole housing thing was made possible via a new or relatively new government program. I'll have to go back a few months and see if I can find it. I do remember that it was related to student housing. So I don't think this is strictly a real estate as usual deal.
An 8K is supposed to be filed no later than 4 days after the event.
Sorry, but you are totally wrong. ALL public companies must file 8Ks for any "significant event' which even includes the hiring or firing of a director. They aren't SEC filers for QUARTERLY REPORTS OR ANNUAL REPORTS, but they still have to file those reports through the alternative reporting method. That's for FINS, not significant events.
So, regardless of whether they have filed 8K's in the past, they are still required to file them for certain events. No, they have not filed those 8Ks, but they are in serious violation of SEC rules until they do. It will eventually catch up to them.
Tilton had nothing to do with the crypto area. He admitted he knew nothing about it when he quit tweeting. His last tweet is on this board somewhere 2021, I think. Anyway, the new interim CEO replaced him about then. Dato Sri Desmond Lim. He signed the Q2 fins so tilton was already out then.
What you have left out is that the individual companies that make up NSAV must make a profit in order for NSAV to get any money. They are private companies and thus we have no access to their financials. Without knowing their expenses, we can't know what, if any, profit is made. So speculation on what 'NSAV' is doing will show up in ITS fins, and thus far, it is crickets. Lets see what they tell us in August.
Of course it was. I was one of the sellers, and sold over 100M during that run. And, it was all at a limit, and that means MM's had to pay me what I asked. As the buying increased, the share price increased, and the mm's spreads changed. I'd set my sell up above anyone's spread and wait for it to get there.
MM'S HAVE NOTHING TO DO WITH SHARE PRICE.
They are not traders. They are simply facilitators, much like cashiers in retail. The ONLY time an MM buys or sells shares is when the market is dead. Then, the MM's buy and sell among themselves, thus giving them their name, market makers. Otherwise, they don't buy shares unless they are offered within the bid. Or, at market, the spread is not used, because selling at market means you will take whatever you can get. Market orders fulfill instantly, but you don't know what you will pay or get for shares.
So you are unaware that the OTC is run completely automatic, and there are no 'live' 'mm's involved, right? All mm's need to do to control THEIR buying and selling is to change their spread. There are no signals, and there are no 'eyes' on any of these stocks. MM's don't 'want' anything, and they CAN'T pump. Every thing that people attribute to Mm's us usually simply trader action.
All you have to do is click their profile, and you can quickly determine what type of poster they are. See how many boards they post on. See how many posts overall. Read their last 50 posts. By that time, you understand what kind of individual you are responding to. Only an idiot responds to bashers at all. You can't correct someone that is only trying to GET YOU to respond.
They make statements that anyone who has done their DD can easily refute. Their only goal is to get responses from those that don't understand their motive. They are fishing, and those that bite help them. It has absolutely nothing to do with the company, and everything to do with getting people trying to 'correct' their intentional errors. If you know their game, you won't play it. Ignore button silences all that dumbness.
What he means is that NSAV is a holding company. That means it has ownership in other companies. Nsav makes money when the companies in which it has ownership become profitable. NSAV gets a portion of the profit. NSAV is the only ticker for the group of companies.
Note that I said profit, not revenue. The companies have to be self-sufficient AND make a profit before NSAV makes any money.
The AS at 12/31/2023 was 5.5B according to the 2023 audited annual report.
Total shares authorized:5,800,000,000 as of 12/31/23 is from the unaudited annual report.
The articles of incorporation were changed on 12/23/2023:
Colorado Secretary of State
Date and Time: 12/26/2023 08:41 AM
ID Number: 20211944041
Document number: 20238331684
"The amount of the authorized capital stock of the corporation is 5,800,000,000 shares of common stock and 100 shares of Series A Preferred"
A change in AS would require an 8K. There was none. The articles of incorporation do not match the audited 2023 annual report.
There is a mistake, somewhere.
It is you who is bullshitting. The OTC market is completely automated, and you can NOT place a trade by making a phone call. And, even if you could, the MM could not sell you at any price that is not within their posted spread. MM's are required by law to give the best price, which is why you can often get shares cheaper than you asked for. And, lastly, you don't make trades with MM's in the first place. You place trades with your broker and THEY hand it off to the MM pool.
You need to go back to stock market 101 and at LEAST figure out what MM's actually do. Especially when calling others out. Do you understand how stupid you look when you say stuff that can't even be true?
Not that it matters to me, I've put you on ignore, because I don't waste my time reading ignorant shit.
Fully executed means signed deal. It does not imply a schedule unless one is given.
I wouldn't be surprised to learn that Jake Noch is in bed with Grover. The 'inside man' so to speak. Same scam, only bigger numbers.
They don't have anything to sell. They aren't shareholders, they are simply bashers. They don't give a rip what the stock does, they just want responses.
Agreed. Most of those 'answers' don't even get read. The ignore button is the only way to prevent an urge to 'correct' someone who is not TRYING to be correct.
The ignore button has two levells - one to ignore posters, and another level that blocks responses to those you have blocked.
Vik owns FOMO and other companies. He IS a CEO already. He started Himalaya with FOMO money, then 'forgave' the loan. He is literally throwing shit at the NSAV wall to see what sticks. Unfortunately, NSAV didn't look at the wall very closely, and Vik won a judgement. Not for cause, but because NSAV failed to appear to defend itself. I believe a countersuit is probably the only way to get it back in court.
Here is the gist of the grover complaint:
insert-text-here
I read through most of the 8 year history of grover through his FOMO and Himalaya tickers. SMH!
The answer is simple. He preceded JT. You'd have to go back to 2016 and follow this board during those times to get the story. I'm not going to bother with that, but I've been a shareholder since early 2017, just after JT took over. I think his 'claim' is pure bullshit, because the company wasn't doing shit then, and didn't until JT was replaced. He has no claim against the current management, any more than a squatter has a claim to a vacant home. But there are laws against what he is trying, and it my hope that he not only loses his ass, but has to pay NSAV for their court costs.
You do understand that if you don't want to see posts from losers, you can simply use your ignore button, instead of giving them what they want, right?
We all know what you are. No one currently in NSAV is remotely connected to your baseless claims from before JT even took charge of the company. Can you say LOSER? Ambulance chaser, anyone? I hope you lose your ASS over this stupidity!! There are laws against what you are trying to do, and I hope the current management uses those laws to the fullest extent. Instead of getting money, you might be paying or going to jail. That is where you belong, loser.
All your long-winded words for someone that had only one post - ever. I strongly suggest you check the profile of posters before launching into lengthy explanations, since they will fall on deaf ears anyway, and it just makes you look silly. what a waste of bandwidth!!!
Nice job for your very first post. And a nice big ignore for you too!
Spread your anus far and wide...
Jeeze, couldn't they have called it mars, or Jupiter or even venus?
Back in the 70's, when I was living in California, I remember STILL the scientific 'find' that scientists found 'rings around yer anus', their pronunciation.
Penny stocks are any stock below $5...
They aren't wasting their time. They are trying to get you to respond, and you are responding to them. It isn't about the company, it is about responses, and that is all. You are playing the dumb one, while the bashers are playing the smart game. They are making money. The ignore button will help you ignore them and you won't feel compelled to 'correct' them.
Read his profile, then ignore him.