is...retired
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If you read my last 4+ years posts on nsav, you would know I don't lie. I had over 200M shares just last November, worth a total of about $3K. That was after holding 4 years. Whatever changed in November did it for me. I pulled at least $1M out of NSAV to put into monthly dividend stocks, which brings in about $10K/month. No matter WHAT NSAV does.
I have over 100M shares. I used to have over 225M shares. I have pulled millions out of NSAV, and have $3M left in nsav. And you ask me why I don't sell? Sheeit...
They have never had profit or revenue. But, NSAV has made me a multi-millionaire, and some of my friends too.
Why don't YOU sell, if you actually have any stock?
Revenue doesn't mean shit unless there is profit. You have to make more money than you burn each month to have any profit. In NSAV's case, their holdings have to have profit, not revenue, to give NSAV anything.
I bought enough shares to simply watch the process. I didn't buy any 'stop' shares, but this one is at yield, and I'm curious enough to spend a few bucks to see what happens. Like, if it goes dark, can it come back to pink current if they get current, etc. Time will tell...
You realize of course that MM's have nothing to do with share price. They fill orders and collect a cut. It is SELLERS that drop the price. Idiots that sell at market will drop it every time.
If traders always sold at limits, that wouldn't happen.
MM's clearly post what they will pay for shares, and what they will sell them for. If you offer to buy or sell within that range, it will happen. If you buy or sell at market, you will get something, but you won't know what it is until it's done. THAT is where the MM's clean up - you are SAYING I will buy them for any price, or I will take any price for my shares. They change their spread instantly to do a market order.
Gee, really? The legacy still remains to be cleaned up before they can uplist. Stop nitpicking me...
You said profit. There is no profit. There might be revenue, but any revenue NSAV realizes will be taken from the PROFIT of any of its holdings. If the holdings are not profitable, NSAV won't see a penny.
That dividend was a mislabled, misleading endeavor. The proper name for it would have been a forward split, 1 for 10. Instead, he called it a 'dividend' which it was not. And urging us to buy shares to get the dividend, then locking them up for years was pure underhandedness.
Mr. Nasty will get his comeuppance when they try to uplist. They can't uplist with unregistered shares in the OS. When that is fixed, we should get our rightful shares without having to pay for them.
NSAV has never turned a penny of profit. If it had, it would be in the filings. Still waiting.
Reverse mergers are for private companies to go public, but almost always it is into a clean shell that is not even doing business. There are many for sale online, and all you have to do is pick one that is suitable. I can't see anyone choosing an 18+ billion outstanding share shell that is actually in business as a target for a reverse merger, unless it is in a similar business to start with.
It is already a public company. There is no reason for a public company to do a reverse merger. That is for private companies.
It is illegal to create convertible notes when the AS has no room for the conversions. So, there are no convertible notes to mature to start with. Notes are not created using preferred shares, so that's out of the question too. Almost all of the AS is issued already, and the remaining ones are up for sale in the so-called 'offering'.
JT is no longer a part of NSAV either. So he's not doing anything, any more.
But in general, when notes convert, they are not restricted shares, and the lender dumps them immediately. They lend money, and are not stock traders unless forced to take shares in lieu of payment.
Dumps are shareholders selling at market. That drives the price down. You cannot ever detect dilution, and since there are not many shares left to sell out of the treasury, that won't cause it. they wouldn't be immediately sold anyway.
It doesn't matter. The AS is 6B and the OS is ALMOST 6B. Less than 100M remain, which is not even noticeable. It is almost no dilution, too. Maybe 1%, but I'm not going to calculate it.
No, ask the TA. OTCM is only updated when filings hit.
3 billion shares would make them a 50% owner of all common stock. Once over 5%, SEC filing is required by the shareholder. SBC is smart enough not do do that.
But someone did start buying commons about that time, and it has never been explained. Maybe a group, which could get around the filing by each holding under 5%. I almost had 5% at one time, but in 3 portfolios.
Just go to the OTCM and READ the rules. I never said a thing about global anything. I said the OTC (over the counter) market is automated. Read it for yourself.
The OTC is an automated market. People don't make the decisions, computers do. Every trade is archived in a database. Every purchase, every sale has the number of shares, the price, who sold, who bought and who the MM is. There is no room for people to stick their fingers into these trades, and fraud could be found with the simplest of tests.
A fully automated market with complete audit trail that shows everything that pertains to the trades.
It is TRADERS that hold the myth that MM's somehow manipulate the share price, as if there were actually people involved, and as if an MM was an actual person, instead of a computer program.
Jesus folks, let go of these myths and learn how the system works. For God's sake CALL ANY MM AND ASK THEM HOW IT WORKS IN THE OTC. LEARN about it, instead of repeating myths. If the share price isn't doing what you like, it is because of TRADERS, not MM's.
You are wrong. That would be totally illegal, and the SEC would close them down or fine them. They are BROKERS, sort of like cashiers in a store. The ONLY money they make is off the spread. Period.
All of this talk about Mm stock manipulation is ignorant traders that don't understand what an automated market even means. There are NO people involved in our trades, only computers. No tin hatted guys with their secret laptop trying to make beer money off penny stocks. Jesus, educate yourself.
Mm's are not stock traders, they are brokers. The ONLY time they buy or sell from each other is when the stock is illiquid - meaning no trading. That is their JOB.
Why do so many people think that MM's care a shit about a stock's price? They aren't TRADERS. They make a CUT of each trade, regardless of which direction the share price is going. They FACILITATE trading, not manipulation of the share price...why would they even CARE about share price? They don't TRADE, they FACILITATE US to be able to trade.
I haven't sold any since it dropped below a dime, and won't until it's back to that. I sell on the way UP, not DOWN.
Never say reverse merger unless you actually know what it means.
Sure, a private company is going to reverse merge into a holding company. NOT!
MM's have nothing to do with it. If you offer your shares at their bid, they have to buy them. If you buy at their offer, they have to sell them to you. They set their spread, and TRADERS decide what to do. So, it is TRADERS that affect the price, not MM's.
If you sell at market, the price will dive, because you are saying you will take whatever MM's will give you for them, and their offer goes down immediately.
No, that is wrong. OTC manages all of the otc current statuses. It is an OTC tier, and regardless of how they report, the reports must be filed AT OTC and readable there. Pink is simply one tier of OTC, so they are OTC reporting regardless of whether they are SEC reporting or not.
Not an IPO - they are already public. It would be through an offering.
Ameritrade does not, and has never traded NSAV. They don't deal with non-dtc companies. You need a broker that lets you trade what YOU want, instead of what THEY want.
They will be tradeable if NSAV ever uplists. Those shares are not registered, and they won't be able to uplist with unregistered shares.
Perhaps you don't recall the countdown clock and the press release on the FRIDAY before it DIDN'T launch on MONDAY. SOMEONE had to know it was not going to be released THE DAY BEFORE THEY KILLED IT.
I've been in software development, and you NEVER set a deadline OR a countdown clock for a software release. You set a target date, and you TEST the goddam software before you release it.
Total monkey show there.
It isn't the market maker. It is sellers. If someone sells with a limit within the spread of a market maker, the market maker MUST buy the shares. If a seller sells at market, the spread doesn't matter.
All market makers do is facilitate trades between sellers and buyers. They don't give a rats ass what the price does, because the only money they make on shares is on the spread, BOTH WAYS. From the seller, and to the buyer. They trade at 5 decimal points, we are at 4.
Each mm has their own spread. If you sell at some mm's bid, they have to buy them. If you buy within their offer, they HAVE to sell them to you.
It is SIMPLE.
There are a lot of traders that simply don't know how to trade to keep from affecting share price. Any buy or sell at market of any size WILL jerk the price around. Has absolutely nothing to do with MM's.
Somebody has to sell if someone is buying. It's called trading for a reason.
They aren't stinky pinkies. They are profitable. NSAV is a wannabe...
What kind of question is that? Has it been posted or filed? No. So, no, they have not said anything to shareholders yet, and they won't be breaking news on a stupid conference before we are informed.
You can't tell the general public before you tell your shareholders. That is an SEC violation. That is WHY you won't see anything significant announced tomorrow, unless it is released to us beforehand.
They can't say anything of material value. It is just puffing up the companies without actually disclosing anything new.
Gee, looky me, at the emerging growth conference! Ain't I special!
I would much prefer they communicate with us, their shareholders, than a little-known conference that is meaningless and serves only one purpose - to get companies to pay to play.
You all realize that emerging growth conference is a total bs, right? Pinkies trying to puff up their companies by paying to be in a conference that is held every 2 months. The CEO's brag and brag about it, and it is nothing but fluff.
You can expect to hear more about this every 2 months, and probably every pinky that is not dormant will pay them to play.
Sheesh!
You might want to look at the last month chart...holding up? LMAO!!
Public companies can not buy their own shares without an SEC report. There are rules. And of course, where would the money come from? There has to be profit to enable buying shares.
You don't understand what that report means. It is not retail shorting. It is mm's 'borrowing' during the day, then covering at the end of the day. If you don't believe that, TRY to short it yourself. You CAN'T.
No, that's not the way share buybacks work. The 8K has to be filed FIRST, and it has to say how many shares will be purchased, over what time period, and what they will pay for them. SEC rules, look em up. Easy enough to read for yourself instead of making false claims.
NSAV cannot buy its own shares without an 8k. So, no it is not NSAV.