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$NSAV ~ company has promised news on or before Wednesday. Bottom floor prices right now 3 bagger minimum IMHO
We need to spread the word that news is coming...PM all of the people you know that are interested in making $$$$$ haha $NSAV
Its coming folks!!!! The moment we have all been waiting for is less than a week away!! This is unreal.... I can't even sleep!
Hello friends and shareholders,
First and foremost, I am handing you my hat in hand, with an apology for delays and let you know things are looking great. Fortunately being we are full SEC reporting we have to make sure all paperwork is fully compliant with Finra filings requirements.
We are working overtime to insure this is done properly the first time. We have learned from the past how paperwork can affect everything, like the DTC/CEDE transfer issues because of paperwork not being a filed in late 2012.
Yes this is the basic root cause for the brokerage clearing issue we have experienced.
We have found a great new partner in our relationship with Pacific Stock Transfer and their various assets of the well informed staff they employ.
Between Susanne, Brooks and Matt, we have located the source and solution to our DTC issues.
We are correcting those issues right now.
With Suzy's knowledge and skills, we now are filing all the correct paperwork and corporate actions with Finra, the SEC, DTC/CEDE and having Pacific file a form after that. This is a process that was just a matter of one or two forms not filed almost two years ago.
At the same time we are preparing a corporate action for Finra and Sec approval. This will move us toward news.
We are taking the extra time to insure that the news coming by midweek, all is correctly filed and vetted.
Between our great new partners and the boards great experience, we are insuring everything is filed correctly the first time.
I do know this is pushing the patience level, but all filings we make are audited.
We have to be audit compliant for the companies future and all filings brought on also have to be audited.
This vetting process is almost complete at this time and this us the last step for the two boards to move the LOI to a new company.
I have been promised and I am promising we will have news to share by Wednesday 1/28 or sooner.
I can tell you, I am so ready to share but, I can not till all is legal.
Below is an earlier email I wrote one frustrated night and I had to resend it tonight.
Thank you from Steven Baritz, Leonardo Genovese and myself for enduring this painfully seeming long process toward building long term revenues for equity.
David Pecoraro
NSAV Net Savings and Global Distribution
814-418-6648
Please feel free to text, email or call I am here fir you all
Repost of previous email:
Hello Shareholders and future long term investors,
I just wanted to take a few minutes to send a general update of what I can discuss.
I do know many are as frustrated as we are at Net Savings, Global Distribution, and Bella Vida.
We do share in the frustration as we try to move forward.
It does seem in this business of being a public company, that most do not share in the same sense of urgency as the shareholders do.
I have learned a great lesson in patience, as I have started working on this side of the investing arena.
I wish we could share more information on the tie ups, but because of disclosure, I can not. I will say this is beyond the companies control and we do have to work with the companies and agencies that are slowing us from becoming a revenue producing company.
That is the main topic of this email tonight, working within the parameters of the market in the sub pennies to become a revenue producing company.
I will be frank and straight to the point, as most know I always have been. For those who have known me for years, you know I do not like working with some in this market. Unfortunately it is what they call a necessary evil.
The process of moving from a company that has never produced revenues to a company working toward revenues is even harder then I could imagine.
I know many watch Shark Tank and they make it look so easy lol.
Well, on this side of the issue, in the penny markets, we do not only have sharks, we have wolves and bears trying to chew us up.
I will let you all see a brief glimpse to help explain the issues of becoming an actual real company with real revenues and real intentions of increasing equity for the shareholders.
Below is a list of issues we have worked our way past in the last six months. Which for the shareholders, me, the board and especially Steven, seems like an eternity.
First you have to acquire what you hope to be a clean avenue or shell to the market to build capital to make a real company. We all now know the issues of taking over an existing company. We have worked past the huge debt from years of salaries on convertibles.
The next lesson is to find the costs of doing business in the public market is even more expensive then most imagine. The filing fees with the State, Sec, Finra and all our own partners, plus the exorbitant amount of state and federal costs with the OTC are huge. Every partner we have has fees as well.
I read recently that the fees can amount to well over 100,000.00 a year for just the pink companies and even more for upper markets.
I do know many I have dealt with talk five and ten grand for everything we need to achieve.
The financing is like going to the sharks without as many choices.
I have explored many avenues of financing and most are closed avenues till you actually have both time and revenues for the company.
This has not slowed the board and myself to continue too explore all avenues we have. Our goal is to increase the companies equity for the shareholders and the growth of the company.
Even Steven has let all know that we will maintain the lowest costs possible even with no salaries till the company is producing revenues. They have limited the burden of the costs of public releases from the shareholders to make sure they spend that five or six hundred dollars wisely.
The wait times of all the agencies are unbearable at times and even frustrates the largest companies like Pacific Stock and even Merrill Lynch. I have been working in three different avenues to clear the trading across all brokerages.
The one point we have found with consensus is that, it is very time consuming to work with the DTC.
The company has a full service transfer agent with Pacific working toward the DTC issue We even have a few brokers helping us so they can clear shares for their customers. We all hope to hear something very soon from the DTC.
A lot of people you deal with have a hand out for more cash to get anything done. They even try to collect fees for stuff that need not have a fee. I have found five and ten thousand the going rate for almost everything.
Steven and I have had to explore other avenues and make sure that all the funds are really needed to be spent at this time. Were we can save, we have saved and were we need to spend strategically, we have tried to save some of the costs.
Things seem to happen at the worst times and slow everything to a snails pace. It does seem many others are effected by the same issues as in the case of our transfer agent passing and having to transfer 200 companies business. My prayers go out to the Family of Tom Louck as they have had to endure two passing this year.
Finally ,when you think all is done and ready to move on, they invent another form or paper. lol
This is the stage we are at and just waiting on the edge of our seats, like the rest of the shareholders, as we try to move to a revenue stages.
This will move us beyond the other companies and stories in the pinks. This will be the hardest transition, as we explore much better finance options in the future to grow the business.
Yes, as we grow the revenues, we will move away the convertible financing and on to other long term financing.
This is the one largest lesson I have learned. Many companies are out there for financing but it seems you have to earn the right of passage first out of the convertible financing before those doors open.
In one way or the other it all is based on the only asset of the company with out revenues, that being the shares.
Of course this is were we are lucky enough to be able to share in the growth, By providing the assets to the company in cash by purchasing shares.
This us The true nature of the greatest market in the world. The US Stock Exchanges.
We can increase the assets against the liabilities of the company with this merger.
As we increase the revenues and assets, then we will have traditional financing avenues with banks and other lenders for long term.
I do not like having the stock as the only asset of a company, but in this instance, we are using this to bring real value to the shareholders with a great merger. I do hear so much about stock and dilution, and believe me, I prefer to just give away the assets of a company for free. Lol
Unfortunately that is not how it works in the stock market. We do and have to sell shares as we all share in the costs of building a company.
We try to balance the increase of equity for the company with the only asset the company has with no business revenues, that being the shares for collateral. At the start of a new company it does seem to be endless. What happens next is where we see the rewards. By this I am saying; we now have to entrust the new board and company to increase all our equity with sales, revenues, mergers and great management skills.
I feel strongly we gave that team in Steven and Leonardo and Bella Vida has a strong team to add.
This is how we make the best returns in investing long term.
This is were the lower penny markets are changing, they no longer are able to just fake a company, dilute and move on. The rules changes and the government are getting much better at keeping pennies honest.
I believe I have aligned myself with a great management team, with integrity, ethics and the drive and desire to succeed. As long as I see this integrity, drive and desire, I will be proud to help the board move this company to the next critical level. That is too pay off the next round of convertibles with better terms as a company.
Please be patient just a little longer, as we finalize the last step of bringing the great sales team of Bella Vida brands into our business.
I do want to say foremost, Thank You for entrusting the company with your hard earned funds and we look forward to growing those assets in equity in the long term.
Please keep an eye on the news for further updates from the company as we move to the next stages.
As always ,please feel free to reach out and I will help. It may take a day or two as my full time work is very busy. Heck I even made employee of the month their twice last year out of four hundred. It is a hard job ,but I will get back as soon as I can.
Sent from Yahoo Mail for iPhone
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Hana my man! Didnt know you were here too! Come on fb
Does skelator have a position in ADMD yet!? If not, I suggest skelator load up @ .0008 tomorrow because trips will be gone soon IMO $ADMD
Actually, 37 million on the bid vs 18 million on the ask!! Go $ADMD
I think NSAV will be very famous after this upcoming massive run to .01+!! Only the patient will reap the massive rewards here!!! Load and hold...long and strong!
130+ million now !!! Should see the 3's start to fall soon IMO! $NSAV
VFIN on the bid at .0006!! I think we should see a nice move here soon!! $ADMD
$SAMP ~ one of the most legit stocks in the OTC!! .01+ coming soon!
We have an hour and a half to go...I think a .0007 tap and close is possible! We shall see my friend! $ADMD
Seems like .0007 close is possible today!!!! IMO glta $ADMD
Great DD my friend!! I wonder what MM and BR have to say about this now? Lol, my hunch is they were trying to get cheap shares! No cheap shares for them and shorty will get caught with his pants down!! Go $SAMP
My pick is MINE @ .0114
$NSAV~ hidden gem is all I will say!! Have fun with the DD on this one!
Hey trader53, you should check out $NSAV ! I think it is right up your alley with 10 bagger plus potential easily!
Vfin doesn't have much here at all...he moves quick when he gets slapped! Its etrf we needed to worry about on ADMD. If we take care of him it will be smooth sailing until .001 IMO !
Momo, I noticed this a while ago and it has continued to be true. The large majority of shares are being bought very cheap and locked away. I hope everybody is ready for what is coming here shortly! 0.1+ coming my friend, patience will be rewarded here big time
Kanadian, you need to understand that the management recently changed in NSAV. The new David (IR) even admits that the old internet based company was a complete failure and only generated debt. Unfortunately, the new company had to pay for the previous debt and endure the dilution. Very soon we will have a clean shell and acquire a revenue generating distribution company. I urge you to take another look at the new company and it's possibilities. You can make your miracle come true this time!! IMO glty $NSAV
Kanadian, you need to understand that the management recently changed in NSAV. The new David (IR) even admits that the old internet based company was a complete failure and only generated debt. Unfortunately, the new company had to pay for the previous debt and endure the dilution. Very soon we will have a clean shell and acquire a revenue generating distribution company. I urge you to take another look at the new company and it's possibilities. You can make your miracle come true this time!! IMO glty $NSAV
I have ! They are waiting for the last transfer of funds and then it is go time! They are waiting by the minute! It will happen when we least expect it and then BOOM!!! $NSAV
$NSAV ~ Major acquisition news right around the corner! Current share structure updated as of today on OTC Markets. .001+ coming very soon! Get your cheapies ASAP IMO glta
You made a smart choice my friend!! Welcome aboard!!! NSAV rocket is about to blast off soon!
My pick is DSCR @ .0012
Great to see you here bud! I know you like your DD and I hope you do some here to see what is to come in the near future. Glta $NSAV
I called the bottom and loaded up 5's....guess I was right after all. Glta $ADMD
I'm a buyer at .0004... Should bounce from there IMO
Where do you see this bouncing from sub?
The REAL point is that ADMD is undervalued and will be trading much higher very soon! All IMO glta
Low volume is an indicator of no dilution and locked up shares IMO...with the solid base being built down here....$NSAV can sky rocket to new galaxies! .03-.05 medium term IMO
Got a .001 starter here. Have a huge bid in for .0009 if anyone wants to fill me! $ADMD
I will answer your question with another question...Is Global Distribution the first company to ever reverse merge into another company!? Reverse mergers happen all the time in the OTC. Old company out and new company in. Unfortunately, the price that the new company has to pay is the debt from the previous one. Reverse mergers are nothing new and they usually skyrocket after the dilution is over. All imo glta
No reverse split in the short or medium term has been confirmed by the company several times now. The increase of the authorized shares was to pay off the OLD debt created by the OLD management. NSAV is now a new company run by new management headed in a new direction. Any sentiment towards the old internet based company is no longer valid with global distribution. Many that are here from several years ago should really take a second chance with NSAV and realize it will go to .01+ with or without them. All IMO glta
Wow...we are in the exact same boat my friend. Hope to have a meeting once we all become millionaires with NSAV. I sold everything and threw it into NSAV
They are waiting on the closing of a finance deal. Once the finance deal closes and they get the check, the acquisition will close and we will see a massive run. Many other catalysts to follow as well. Accumulate all the .0002 you can. I have said it before and will say it again. Get all the .0002 you can
$NSAV ~ All I can say sport.... is keep this on watch!! Remember this post because i will be coming back to it in a few months when NSAV is .01+
No reverse split has been confirmed multiple tines by investor relations. I have personally asked 3 times myself before adding a major positions here. I have said it before and will say it again. .0002 on $NSAV is pure gold. It doesn't get much better than this IMO. Added more .0002 today and will continue to add as funds allow me. Glta and welcome friend :) I too played LVG! from the triple zeros to a penny. Good times :)
I'm with you all...holding over 50 million long and strong ...also looking to add .0002 if folks or the company want to sell them to me! Glta $NSAV
I wasn't following today...how big was the bid and what price was it at?