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You’re right Wong acknowledged as a Director. That part is fine. But there is no project or partnership with Yuen and or with his web labs (although JT said NSAV can use weblab’s resources). Question is what would we use the resources for? Do we have any project of our own or with WebLab or Yuen?
JT also said Wong will head the coin project. If you take 25% of the coin project in SBDC Investment Inc. and Yuen is your Director, how would he head the project? It’s not even NSAV’s project (it’s SBDC, a separate company) and you have only 25% stake.
As for SBC, Wong said SBC is legit, go check their website. We know SBC is legit, that was not the question. Question was whether NSAV is working with Big SBC Capital and Peter Chun (as our partner is SBC Investor Relation, Inc. Sychelles). He did not answer that part clearly. He said we should be impressed with SBC, sure first show us the evidence that you’re working with them, the big SBC Capital or Peter Chun. He cleaverly avoided that part of the question, I know it because I asked him the question.
One other thing I want to raise, if you go to OTCMARKET.com, you will see SBC Investor Relation, Inc has been filed as an Investor relations of NSAV as if they’re your PR firm or something like you say auditors: SYZ LLP. Does it tell you we have a partnership with SBC? Investor relations sounds like public relations for a company (in this case investors relations).
My point is so far we have not seen any real partnerships between NSAV and SBC.
If SBC Capital acknowledges that SBC Investor Inc and SBDC Investment In are their subsidiaries, at least that will give some comfort. So far they have not and these companies are not listed on their website either and they did not acknowledge they’re working with NSAV.
Not saying all bad but need some proof.
Hope you see the gaps now.
Either JT is fooling us big time or we’re overthinking, either way it’s not normal, lol
In one hand, this thing is growing too big too fast with too many parties, sounds great. On the other hand, if you do due diligence, in all cases, you will find that there are missing pieces.
Due diligence is not just compiling facts provided by one party, it means verification and validation of those facts by independent sources or by third parties.
In case of NSAV and JT, so far everything comes from JT, not a single project can be verified or validated from the other sides (either by their explicit mention via PR, website, Twitter or by their appearance on social media, both are absent, a complete silence by everyone). This is what makes people wonder.
Hope this time JT does something good for once. He mentioned recently that 2021 will be the year of success for NSAV shareholders.
Sounds good, we need balancing posts both optimism and criticism, lol.
GLTA
I want NSAV to succeed more than anyone else, I have a very big investment in it but I cannot convince myself that for everything going on here, we have to make excuses.
No website - takes time, all good, no worries
TG Private 50/50 Partner - No real address or identity: May be they’re big and real but far away in Hong Kong, no worries, all good
SBC Investors Relation, Inc: Seychelles. - doesn’t matter big SBC Capital opened this offshore company for whatever reasons, no worries, all good
Yuen Wong: New Director - doesn’t talk about any business of NSAV. He is a guest Director, all good, no worries
Peter Chun: He is working with NSAV but he is a big man, he can’t utter NSAV’s name but all good.
SBC Capital: Same as Peter Chun, they’re working with NSAV but so big company can’t take NSAV’s name but all good, no worries. They’re opening whole bunch of new companies all over the places
VirtuaBroker: NSAV acquired whole damn thing, JT and us worshiping the name day and night but they can’t utter NSAV’s name for once but no worries all good.
SBDC Investment, Inc. - Bought 25% share of token Project, we issue PR and we are so happy but nothing from SBDC Investment, no news, no PR, nothing. No one knows where they are, who they are but no worries all good.
Why on earth we have to make excuses for anything and everything and our hero JT doesn’t ask his partners to talk about projects or NSAV?
No NDA allows one party to talk about everything, not the other parties.
JT wants to run his potential billion (or multi-billion) dollar company online and on the phone. Deal here, deal there, acquisition here and acquisition there, no office, no website, no other person or spokesperson for the company, all him, his phone and his tweets. No wonder stock price can’t move a bit.
Sometimes, money-making in Wall Street looks easy but big companies take big offices, hire big PR firms, spend tons of money on advertisements and parties for a reason, you need to show the world, you’re up for the tasks.
$1 stock price will make it a $6 billion dollars company and you don’t have a basic website, you don’t have financials, you can’t hire an auditor. Freaking Yuen Wong’s Private company has a website, small VirtuaBroker has a website.
Don’t tell me you want your company to be a billion dollar company and you think a website and other basic things are not important. It says you get what you pay for.
Monday gap up big
I think Monday people will chase big time
Let’s see if it closes 50+
It’s jumping up and down fast, lol
Probably, 50 for Monday
Once it breaks 50, 60 will come fast
Getting ready for a mini run before close!
Got a starter, looking good!
Quite a tug of war, no one will give up an inch, lol. Nobody wants to pay a tiny fraction of a sub penny, same for the seller!
That’s a pretty big bet, good luck!
Fair point. Once volume is back, it will run big remembering the share structure is the best among penny stocks, not many you will find like this.
I bought some cheap at .335
VirtuaBroker has a proper website now, they are all good. My only complain about VirtuaBroker (and JT) that we acquired 100% equity and they don't add a sentence about NSAV partnership.
Theoretically, anyone would be proud to mention that they partnered with a US Publicly traded listed company NSAV. They are no one yet, a very small company, adding NSAV on their website would be a matter of pride, yet, we are not there.
Who won't be proud to be associated with a US listed company?
I know people don't want this kind of questioning but there are business norms, when anyone doesn't follow, that creates confusion. Any other partnership or company would add NSAV's name on their website.
I agree but you need to lay the foundation also as a company, you can't just sit on a thin air. If you look at NSAV, other than JT's tweet, you can't find them anywhere. Even a plumber, electrician or other handyman has a website and some presence. They are dealing with whole bunch of global companies and don't have anything to show they are a company, seriously!
NSAV will be a multi-billion dollars company (even at 50c), don't even have a two pages website, does it make sense to you?
Also if he doesn't apply for OTCQB and doesn't do anything for website and other things as promised, i think VirtuaBroker beta launch will come and go quietly on Mar 31 and we will still be sitting around 3c, mark my word. He needs to step up!
Let's put pressure on him, he needs to keep his promises and do it fast.
OTCQB up listing will move the price big time: If JT announces that he applied for OTCQB up listing, price will increase big. NSAV is trading over 1c more than 45 days (required 30 days). He promised us on Feb 12 that he will do it asap. He is not doing a thing.
He did not hire PCAOB auditors to get financials done (that he promised on Feb 12). If financials not done, he can't apply.
He does not publish the freaking website that he promised to get done in Jan. If he asks his kids to do it, they can do it for him. Nowadays adding and publishing a website takes a couple of hours at most, I am not an IT guy, yet i did this a couple of times.
How do we expect stock price to go up big time without having even a website, no mention of NSAV by anyone else other than JT. Yuen tweets about his project and his company, nothing about us. Let's not get excited with his tweets. We brought Yuen onboard, why? to see his face? Use him to talk about NSAV and its projects.
JT is not allowing anyone to talk about anything other than himself. No wonder our stock price can't move.
Very small o/s share count 307m and very very small float 59m, this is crazy. One small news, it will run like hell. Yesterday, it showed some sample. In OTC, it's hard to find a company with only 307m o/s, it's gold.
Not sure if that tweet has anything to do with NSAV unless I am missing something!
Tweet by Yuen: “What an achievement for the team, for the partners, for the supporters.
Am pleased. Am honored.”
NSAV/JT's ROLE: INTERNAL VS EXTERNAL (ACQUISITIONS):
EXTERNAL: So far all the deals we made with people and companies required JT to issue NSAV shares (common or preferred) and sign the deals.
It’s like our stock trading, we buy shares through TDA or other platforms and pay the money, that’s it. We don’t need to open a company, publish a website or need to have an office. All we need a phone or a computer. For NSAV, all the deals like 50/50 equity partnership, acquiring VirtuaBroker, appointing Yuen Wong, working with SBC, acquiring 25% position in SBDC, etc. In all these cases, NSAV and JT issued shares and acquired via agreements. He did not need to have any infrastructure or support stuff, nothing. Even for implementation of these projects, NSAV will not need to have anything onsite, in-house, everything will be done by respective partners. They’re all external.
INTERNAL: Since everything is happening externally and NSAV doesn’t really need to do or set up anything internally, they have to do a few things that will show the legitimacy, validity and bring value to the company and stockholders are as follows:
1. NSAV website publishing including all these projects, partners, etc. showing big things are happening and they are real. This has to happen soon;
2. Applying OTCQB up listing showing NSAV is into big things. NSAV now qualifies for this. He has to apply right away. Whatever he needs for this, he has to arrange without any delay, no excuse;
3. Becoming fully SEC compliant, hiring PCAOB auditors, getting financials done, ASAP;
4. Coordinating with VirtuaBroker so their website includes a page on NSAV acquisition aspect, adding value for NSAV, the more people know, the better. If NSAV is 100% equity owners, there is no reason for them not to disclose that on their website;
There is no reason JT should not get these things done ASAP, while his partners doing the actual project works. This will show it is a big company, doing big things.
Just doing deals are not enough, you need to show your presence!
VirtuaBroker will basically have API set up with Coinbase and others and the traders will have an a/c with VirtuaBroker to buy or sell bitcoins and other coins from all those exchanges. Let’s say you want to buy 1 bitcoin. You login to VirtuaBroker and see the price of Bitcoin on Coinbase is $40,000, on Bitfinex $40,050, on BitMart $40,100. You decided to buy from Coinbase. On the hand, if you have an a/c with Bitfinex only, you don’t have any choice, you buy whatever price they offer at the time.
So VirtuaBroker will work as a platform to show the comparative pricing. Question is what will be VirtuaBroker’s Revenue. They may charge a fee for buy and sell transactions, a/c opening and maintenance fee. The problem is that increases the purchase price and some subscribers may not like if it’s too high. The Revenue stream could be from Bitcoin exchanges, which is unlikely because they’re doing well on their own.
My guess is once they become comfortable, they may provide Bitcoin exchange services like Coinbase and others. Of course, that’s a huge undertaking, that will need regulatory and other government permissions like banks, that’s a big thing.
Based on my personal experience with Bitcoin operations, Bitcoin exchanges and regulatory aspects; and looking at their descriptions so far, VirtuaBroker is going to provide a platform where you can see multiple exchanges comparative pricing in one place and decide what’s best for you.
Once launched and provides us more info about the services and fees, we will have better understanding.
Why $60? What’s the basis?
This is one nice post everyone should read!
Agreed. Small float, once float is locked and news out, the stock price can go crazy, no many people know about it. I can’t believe only 25m float, which is unbelievable.
I think it will gap up tomorrow once people get to know the PR
That’s nice, thank you. Keep us posted if you hear anything.
They issued a PR an hour ago unless you missed it.
You are going from 70c to Exxon. What’s going on now? Is it on the way to go to dollar land based on what we know? Share structure is very good. Problem is no volume
My fund is stuck, otherwise, I would buy all these 0.0303 things and let it fly. If anyone of this board trying to sell, just move your ask man, let it go up.
What do you think what’s going on?
Multi dolllars coming:
Just few minutes before I saw 288m o/s, now they updated to 307m o/s, still not bad. 248m restricted, leaving 25m float.
I think people don’t know about this stock, it can go multi dollar easy!
Only 288m o/s shares
Thank you, Blue.
JT’S TO DO LIST REMINDER:
NSAV Website update: Jan 19 2021 tweet said will be done “immediately” – Not done. You have enough material (current and upcoming projects) to publish it. If we are going to be a billion dollar company, we need to have a website. Link: https://www.nsavholdinginc.com/
NSAV Crypto Website: Jan 21 2021 tweet said will be done “in days” – Not done. What’s the hold up? Link: https://nsav-crypto.com/
Dutch cannabis company acquisition: Feb 4 2021 tweet said will be able to announce the official signing of the acquisition “in coming days”. Few weeks before, you said this is progressing swiftly. Why no announcement? Is it still on the card?
OTCQB up listing: Feb 12 2021 tweet said company plans to uplist to OTCQB “asap”. You also said we needed to be 30 days over 0.01, that is achieved now. Have you applied for it? On the same day in other tweet, you said you will engage PCAOB auditor shortly to get the financials done. Did you hire them? If not, why not? If you don’t meet the requirements (like financials and other things, how would you apply for OTCQB?)
Digital Asset Wallet Card (DAWC): Feb 24 2021 tweet said the first project in the Yuen Wong era will a digital asset wallet card and will have more on this “in the coming days” – any update on this? Feb 25 2021 tweet said DAWC obtained CC EAL 5+ grade, great. Any further update?
SBC Investor Relations, Inc: I noticed OTCMarket.com now shows their address as “SYC” instead of full “Sychelles” and also you added SBC’s website. That’s good. Seems you’re paying attention to people’s complains.
Some of the items mentioned above are not dependent on your other partners. The basic websites, OTCQB uplisting application (and required compliance), hiring auditors to get financials done, they all depend on you and so far, we are not seeing any visible progress. If financials and other things are not done, you can’t even apply for OTCQB.
WE appreciate your efforts and thank you for getting a few important things done already. Unfortunately, the ones will make NSAV better and stronger are not being done as promised (like websites, OTCQB uplist, etc.).
You need to keep your promises and keep us posted.
VirtuaBroker acquisition: The PRSs for unveiling name and closing indicate ONLY equity acquisition, which implies 100% equity acquisition. If you acquire anything less than 100%, you would indicate the percentage or say became the shareholder like JT said they became major shareholder of SBDC Investment, inc for token project.
I would imagine they acquired 100% of VirtuaBroker.
If they would indicate as to what they paid for in consideration (I am sure it was Pref B shares or something). Not sure why they left this part out.
Either way I am certain it is 100% equity acquisition.
——————-///—————-//——————
NSAV ANNOUNCES SIGNING OF CLOSING DOCUMENTS FOR EQUITY ACQUISITION OF CRYPTOCURRENCY TRADING BROKER, VIRTUABROKER
Press Release | 03/02/2021
NSAV ANNOUNCES UNVEILING OF EUROPEAN CRYPTOCURRENCY TRADING BROKER EQUITY ACQUISITION AND AGREEMENT
Press Release | 02/11/2021
Man, that’s not true. 50/50 equity owners are JT and TG Private. They own 30m each Pref. A super majority shares (not common shares).
Common shares still 6b, not 12b, do not share misinformation.
Because these Pref A shares are super majority (or super voting), they are 50/50 equity owners.