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mfphoto, Thanks very much for your patient explanation. Your contribution to this board is allowing us to lean back taking an objective look at the whole situation!
What are your thoughts on VirtuaBroker as the price of plastic is going up recently? What would be the impact on Plastik.io?
VirtuaBroker and Plastik.io have a collaborative relationship. VirtuaBroker, which is a part of NSAV Holding (owning 30%), launched a Blockchain Launchpad platform for premium projects on the Binance Smart Chain. The first project featured on this platform is Plastik.io, which is described as the world’s first real-world asset backed NFT marketplace for plastic that has been recovered and recycled.
The crowd sale of the Plastik token was exclusively conducted on the VirtuaBroker launchpad, marking the beginning of a series of new blockchain projects within the NSAV Ecosystem. Plastik.io aims to use a smart contract approach to create a marketplace that connects single-use package producers, waste recovery, and recycling companies, allowing them to acquire and sell plastic disposal guarantees according to the type of single-use packaging.
This partnership reflects the growing interest and potential in the NFT sector, particularly in areas like recycling, which have not been traditionally associated with blockchain technology. Both NSAV and Plastik.io are exploring further collaborations to become a significant force in the global recycling industry.
VirtuaBroker is the Swiss company that NSAV acquired a stake in. According to the information available, VirtuaBroker Ltd. is a Swiss Cryptocurrency Trading Platform with offices in London and Barcelona. The platform, which is based on Artificial Intelligence (AI), offers a full range of trading services, including portfolio management and a price search function. It supports nearly all the major cryptocurrency exchanges. The acquisition by NSAV was part of their strategy to become a leading player in the cryptocurrency market.
VirtuaBroker is the Swiss company that NSAV acquired a stake in. According to the information available, VirtuaBroker Ltd. is a Swiss Cryptocurrency Trading Platform with offices in London and Barcelona. The platform, which is based on Artificial Intelligence (AI), offers a full range of trading services, including portfolio management and a price search function. Itsupports nearly all the major cryptocurrency exchanges. The acquisition by NSAV was part of their strategy to become a leading player in the cryptocurrency market. So, to clarify, VirtuaBroker is associated with Switzerland and is the company that NSAV invested in.
When NSAV claims to be aiming to become an integrated crypto exchange, it means they are striving to establish a comprehensive platform that offers a wide range of services related to cryptocurrencies, blockchain, and digital assets. This could include trading, staking, airdrops, and other financial services, all under one umbrella. The goal is to provide turnkey technological solutions and create a seamless experience for users by integrating various aspects of the cryptocurrency market.
As for whether this is a good long-term goal, it’s important to note that I don’t have personal opinions. However, the ambition to become an integrated exchange can be seen as a strategic move in the cryptocurrency industry. It could potentially offer users a more convenient and diverse set of services, and for the company, it might lead to a broader customer base and increased revenue streams. The success of such a goal would depend on the execution, market conditions, and user adoption. It’s always recommended for investors to conduct thorough research and consider multiple factors before making investment decisions.
An integrated crypto exchange could offer a variety of advanced features to cater to the diverse needs of its users. Here are some potential features that such an exchange might include:
Intuitive User Interface: A user-friendly platform that accommodates both beginners and experienced traders.
Multi-Currency Wallets: Secure storage solutions for a variety of digital assets within the exchange.
Robust Security Measures: High-level security protocols, including two-factor authentication and data encryption.
High Liquidity: Ensuring efficient trading with a narrow bid-ask spread and minimal price slippage.
Fiat Integration: Allowing users to trade cryptocurrencies using fiat currencies.
Advanced Trading Options: Offering spot, derivatives, and margin trading.
Atomic Swaps: Enabling direct exchanges of different types of tokens.
APIs for Developers: Providing powerful APIs for integration with other services or custom applications.
Staking and Lending Services: Allowing users to earn interest or rewards through staking or lending their crypto assets.
Educational Resources: Offering learning materials and resources for new traders to understand the market.
Customer Support: Providing reliable and accessible customer service for user assistance.
Analytics and Reporting Tools: Offering analytical tools for market analysis and reporting for tracking trades.
These features aim to create a comprehensive ecosystem that not only facilitates trading but also supports the growth and education of its user base in the cryptocurrency market.
Mfaphoto, do you see any difference between they doing a buy back and R/S when their restricted time is up?
I hope we don't have to wait that long to get to $20 for some of us will be over 110. If it is as innovative as they aim to be, the share price will get there much sooner hopefully.
Whether signing up with NSAV and paying a membership fee can be considered a profitable investment depends on various factors, including the benefits provided by the membership and the individual’s investment strategy. NSAV offers several opportunities for members, such as:
Airdrop Participation: Members can be eligible for regular airdrops, which are distributions of a cryptocurrency token or coin, typically for free, to numerous wallet addresses.
Exclusive VIP Access: Holding a certain amount of NSAVx tokens grants access to exclusive channels and potential benefits.
Reduced Fees: Projects that pay their listing fees through the NSAVx token liquidity pool can receive discounts, which could be beneficial for those involved in such projects.
Staking Rewards: NSAV has announced a staking program that offers token rewards, which could potentially yield profits for participants who commit their tokens for a specified period.
It’s important to conduct thorough research and consider the risks associated with any investment. The profitability of such an investment would depend on the performance of the NSAVx token, the success of the airdrops, and the overall market conditions. As with any investment, there is no guarantee of profit, and one should only invest what they are willing to lose.
The sale of a large number of shares, such as NSAV’s sale of 450 million shares of common stock, can be motivated by various strategic reasons. However, without specific details on the transaction, it’s difficult to provide a precise explanation. Generally, companies may issue new shares or sell existing shares to:
1. Raise Capital: To fund new projects, pay off debt, or finance expansion plans.
2. Improve Liquidity: To increase the trading volume of their stock and make it more attractive to investors.
3. Strategic Partnerships: To bring in new strategic partners who can add value to the company.
4. Employee Compensation: To provide shares as part of employee compensation plans.
It’s important to note that the number of shares sold and the revenue reported in financial statements can be unrelated. The revenue figure typically reflects the company’s operational earnings, while the sale of shares is a financing activity. The reported revenue for NSAV’s first quarter of 2024 was $204,800,262 which represents the company’s earnings from its operations, not from the sale of shares.
Investors should review the company’s official announcements and filings for specific details regarding share sales. These documents can provide insights into the company’s rationale for such transactions and how they align with the company’s overall financial strategy. It’s also advisable to consult with financial advisors or industry analysts for a deeper understanding of the implications of such a sale on the company’s financial health and stock performance.
As of the latest data available, there are 1,492 active cryptocurrency exchanges worldwide, which includes both decentralized and centralized platforms1. If we consider the platforms that are no longer online, the total number of existing cryptocurrency exchanges equals 1,6371. It’s important to note that the number of exchanges can fluctuate as new ones emerge and others may cease operations. CoinGecko tracks 216 crypto exchanges with a total 24-hour trading volume of $79.9 billion, while CoinMarketCap lists 259 exchanges. These numbers provide a snapshot of the dynamic and growing landscape of cryptocurrency exchanges globally.
Determining the exact number of legitimate public cryptocurrency exchanges can be challenging due to the dynamic nature of the market and varying definitions of legitimacy. However, reputable financial sources like Forbes Advisor have reported that there are around 500 legitimate crypto exchanges. These platforms are recognized for their compliance with regulations, security measures, and reliability in providing crypto trading services.
It’s important to note that the legitimacy of an exchange often depends on factors such as regulatory compliance, security protocols, and user reviews. Therefore, while there are hundreds of exchanges available, investors are advised to conduct thorough research and due diligence before engaging with any cryptocurrency exchange.
It is normal for crypto-exchanges to report their revenue as “intangible”. In the accounting world, cryptocurrencies are generally treated as intangible assets. This classification is due to their lack of physical substance and the fact that they do not fall within the scope of other asset classes.
According to the US Generally Accepted Accounting Principles (GAAP), many common digital assets like Bitcoin, Ether, Solana, and Cardano are accounted for as intangible assets under the newly-codified ASC 350-60. This standard requires all crypto intangible assets within its scope to be measured at fair value after acquisition and includes new presentation and disclosure requirements.
The professional consensus is that cryptocurrencies should be accounted for at cost less impairment, following the guidance in ASC 350, which pertains to Intangibles – Goodwill and Other. This approach is consistent across entities that are not broker-dealers or investment companies.
For more detailed information, entities are encouraged to discuss their specific facts and circumstances with their auditors or other accounting advisors, especially as the landscape of digital asset use and offerings continues to evolve.
It is possible for a company to survive and potentially thrive by using the cryptocurrencies it holds. Cryptocurrencies can offer several benefits for businesses, including access to new demographic groups, reduced transaction fees, and avoidance of certain types of fraud. Companies can use cryptocurrencies for a variety of purposes, such as investment, operational costs, and transactional activities.
For instance, companies have been known to use Bitcoin and other digital assets for investment purposes, holding them on their balance sheets as an alternative asset class. Some have even made highly publicized investments worth millions of dollars in Bitcoin. Additionally, businesses are increasingly accepting cryptocurrencies as payment, which can help them tap into a tech-savvy customer base with disposable income.
However, it’s important to note that while there are opportunities, there are also risks involved. The volatile nature of cryptocurrencies means that their value can fluctuate widely, which can impact a company’s financial stability if not managed properly. Companies considering using cryptocurrencies should have a clear understanding of why they are doing so and prepare to engage in a thoughtful manner, considering both the incentives and the potential dangers.
Moreover, the adoption of cryptocurrencies for business transactions is becoming more common, with platforms like Shopify enabling merchants to accept crypto payments. This trend suggests that the use of digital currencies in business operations is expanding and may continue to do so in the future.
In summary, while there are challenges and risks associated with using cryptocurrencies, companies can indeed use them to support their operations and growth, provided they approach the venture with careful planning and risk management strategies.
The financial picture of NSAV for the first quarter of 2024 is quite strong. Here are some highlights from their financial results:
Revenue: NSAV reported a significant increase in revenue, reaching $204,800,262, which marks an 837% increase compared to the fourth quarter of 2023.
Intangible Assets: The value of intangible assets rose to $204,800,262, or $0.0327 per share.
User Growth: The user base of NSAVx.com grew to 618,496 as of May 15, 2024.
Additionally, NSAV has been focusing on product innovations, market expansion, and regulatory compliance. They have launched Airdropx.co, expanded offerings on NSAVx.com, and introduced the NSAVx V1 ERC-20 token. The company has also begun integration of onramp/offramp services for the exchange and credit card onramp capabilities for the platform.
For the second quarter of 2024, NSAV has set revenue goals and targets for growth in intangible assets, with plans to launch NSAVPay.com, integrating payment options for consumers and merchants directly from their NSAVx.com wallets.
NSAV’s management has expressed confidence in the company’s strategic focus and commitment to establishing a leadership position in the global digital asset market, poised for continued expansion and innovation.
NSAV operates primarily within the cryptocurrency, blockchain, and digital asset technology sectors. Here’s a delineation of their branches of operation and their relationship to partners, innovations, and investments:
Branches of Operation:
Cryptocurrency Exchange: NSAV owns and operates its own cryptocurrency exchange, which is a significant step into the global cryptocurrency market.
OTC Crypto Trading Desks: They have established premium OTC (Over-The-Counter) crypto trading desks in Hong Kong and other locations, providing a platform for private and institutional investors to trade cryptocurrencies.
Relationship with Partners:
Silverbear Capital Inc.: A key partner, Silverbear Capital Inc., advises NSAV on strategic matters, including compliance and regulatory issues in the cryptocurrency industry. This partnership helps NSAV navigate the complex legal landscape of the crypto market.
Innovations:
AI-Driven Cryptocurrency Trading Platform: NSAV has developed an AI-driven platform that supports various cryptocurrency exchanges and offers services like portfolio management and price search functions. This innovation allows for efficient operations with minimal human intervention.
Investments:
Acquisitions: NSAV has been actively acquiring stakes in various companies, such as a 51% stake in a leading cryptocurrency exchange with a 24-hour trading volume in excess of $600 million. This move is part of NSAV’s strategy to grow its ecosystem and enhance its position in the blockchain industry.
Governance Token: They have plans to launch a governance token for their NSAV Exchange, which could potentially appreciate rapidly and benefit the exchange’s users.
NSAV’s approach to operations is multifaceted, involving direct involvement in the cryptocurrency market, strategic partnerships for growth and compliance, innovative technology to streamline processes, and investments to expand their ecosystem and influence in the digital asset space. These elements work together to position NSAV as a fully integrated technology company in the cryptocurrency and blockchain industries.
NSAV operates both a Decentralized Exchange (DEX) and a Centralized Exchange (CEX). The NSAV DEX provides a permissionless, fully decentralized trading platform, which is a significant part of their ecosystem. On the other hand, the NSAV CEX, known as NSAVx.com, is a centralized platform that has recently surpassed 1 million users, indicating its growing presence and popularity in the digital asset community. These two platforms cater to different needs within the cryptocurrency market, with the DEX offering a more autonomous environment and the CEX providing a more traditional exchange structure with added services and support.
Net Savings Link, Inc. (NSAV) has announced that their new CEO will be a selected partner from Silverbear Capital Inc., a leading investment banking firm. This decision comes as part of NSAV’s strategy to strengthen management and bring new energy and visionary thinking to the company, combining the mindset of the old-world economy with the strategy of the new-world economy.
Silverbear Capital Inc. is known for its broad commercial practices and has a strong group of partners with seasoned experience in finance, management, and professional practice. Given the nature of NSAV’s business in the cryptocurrency, blockchain, and digital asset technology sectors, and their vision to establish a fully integrated technology company providing a wide range of services, the appointment of a CEO with a background in investment banking and a strong track record in finance and management seems to align well with the company’s goals and the complex nature of its operations.
The new CEO’s role will likely involve navigating the intricacies of NSAV’s partnerships and investments, as well as driving the company’s growth and development. With the expertise that Silverbear Capital Inc. brings to the table, it appears that the new CEO will be well-equipped to handle the challenges and opportunities that come with leading NSAV. However, as with any executive appointment, the actual fit and the impact of the new CEO’s leadership will become more evident over time as they implement their strategies and contribute to the company’s performance.
Is Kevin Simon from Silver Bear?
NSAV, a cryptocurrency, blockchain, and digital asset technology company, initially acquired a 10% shareholding in VirtuaBroker. They also had an exclusive option to acquire an additional 20% stake, which they decided to exercise, bringing their total ownership to 30%. Additionally, NSAV has pre-emptive rights, which could potentially increase their shareholding even further.
VirtuaBroker stands out for its comprehensive features designed to simplify the management of cryptocurrencies. Here are some of its unique features:
Secure Crypto Purchases: Users can purchase various cryptocurrencies securely via bank transactions, ensuring ease and security.
Send Crypto Anywhere: The platform allows users to securely transfer digital assets to any wallet with ease.
On/Off Ramp: It provides a straightforward process for both companies and individuals to buy and sell crypto.
Automatic Trading: Traders can discover automated trading, portfolio management, price optimization, and more on a single powerful platform.
Portfolio Management: VirtuaBroker enables users to manage all their exchanges from a single application, which is particularly useful for traders who operate across multiple exchanges.
Price Search: The platform offers a feature to discover the best exchange for cryptocurrency purchases or sales, considering trading fees, withdrawal fees, etc.
Carbon Footprint Dashboard: A sustainability dashboard allows traders to mitigate the environmental impact of their trading by purchasing carbon offsets
Enhanced Security: VirtuaBroker uses an encrypted API Key system to protect users’ accounts while enabling advanced trading strategies.
These features aim to provide a seamless and secure experience for both novice and experienced cryptocurrency traders and investors.
Investors who might be attracted to buy Swop (SWOP) tokens are typically those interested in the evolving Web3.5 space and the potential of decentralized finance (DeFi). Given Swopx.io’s focus on token and NFT swapping, as well as its unique service for recycling inactive tokens, the following investor profiles could be interested:
Crypto Enthusiasts: Individuals who are passionate about cryptocurrency and believe in the long-term potential of blockchain technology.
DeFi Investors: Those who are actively involved in DeFi projects and are looking for new platforms that offer innovative solutions for liquidity and token swapping.
NFT Collectors: Since Swopx.io enables the swapping of NFTs, collectors and traders within the NFT space may find the SWOP token appealing.
Tech-Savvy Investors: Investors who have a keen interest in new technologies and are comfortable with the risks associated with early adoption of Web3.5 applications.
Environmental Supporters: Those who value the platform’s initiative to clean up the blockchain by transferring inactive projects to a dead wallet, thus potentially reducing blockchain bloat.
Governance Token Holders: Investors who want to participate in the governance of a platform and have a say in its future development may be attracted to SWOP tokens, which could potentially offer such rights.
Net Savings Link, Inc. (NSAV) is a company that operates in the cryptocurrency, blockchain, and digital asset technology sectors. As of the latest available data, NSAV has a market capitalization of approximately $25.351 million1. The company is involved in various projects, including a cryptocurrency trading platform based on artificial intelligence (AI), which offers services like portfolio management and price search functions2.
Regarding the company’s assets, detailed financial statements such as balance sheets would provide specific information on total assets. However, the latest financial data from my search indicates that NSAV has been active in acquisitions and the expansion of its cryptocurrency exchange platform1.
For the most accurate and up-to-date information on NSAV’s value and assets, it would be best to consult the company’s latest financial reports or filings with the relevant financial authorities, as these documents will provide a comprehensive overview of the company’s financial health.
Net Savings Link, Inc. (NSAV) has recently announced the acquisition of Swopx.io, a cutting-edge Web3.5 application that enables users to swap tokens and NFTs1. This strategic move includes the integration of Swopx.io into NSAV’s existing platforms, NSAVx.com CEX and AirdropX.co1. The acquisition also involves the listing of the SWOP token on the NSAVx.com exchange, which is scheduled to start trading on May 12, 20241.
Swopx.io offers a unique service for projects with inactive tokens, allowing them to swap these for the native SWOP token for a nominal recycling fee, which helps clean up the blockchain by transferring inactive projects to a dead wallet1. The SWOP token has a total supply of 225,000,000 tokens, with a circulating supply of 100,000,000 tokens, and is based on the Ethereum network as an ERC20 token1.
This acquisition is part of NSAV’s broader strategy to expand its service offerings within the digital asset ecosystem and to establish itself as a fully integrated technology company providing solutions to the cryptocurrency, blockchain, and digital asset industries1. For more detailed information, it’s always best to refer to the company’s official announcements and press releases.
Yes, Net Savings Link, Inc. (NSAV) owns the NSAVx.com Cryptocurrency Exchange (CEX) and the AirdropX.co platform. NSAV has been actively involved in the development and expansion of these platforms, which are integral parts of its business strategy in the cryptocurrency, blockchain, and digital asset technology sectors123.
The NSAVx.com CEX is a centralized cryptocurrency exchange that was recently rebranded to operate under the NSAV banner3. Additionally, AirdropX.co is a platform launched by NSAV to revolutionize the cryptocurrency airdrop experience, connecting users with new crypto projects and offering various airdrop opportunities2.
These platforms are designed to work together, providing a comprehensive ecosystem for NSAV’s users and token holders. For instance, verified NSAVx token holders can participate in regular airdrops via AirdropX.co1. The integration of these services demonstrates NSAV’s commitment to establishing a fully integrated technology company within the digital asset industry2.
I saw in the Chinese news that there is a two-step immunization method which will immunize a person against flu for life. Is that true?
Point 1. 45% of $1B = $450M; 100% of $20M is still $20M. So, everthing depends on performance of the company, and the uprightness of senior management (in this case, Ike Sutton).
Point 2. Going public can turn 100,000K into millions of dollars. Buying stocks is not a smart thing to do, selling stocks is.
Bright idea. Captive audience too!
Long & Strong & Patient as Tiger
Ronwy: That's such a brilliant idea. Thanks!
Great concept, but how about just clicking/pressing a button instead of texting for all these things you mentioned. Leave texting to connecting with a forgotten or unknown telephone #.
GLTYA
83 M not counting those positions that some (like myself) didn't disclose. I am optimistic about GOIG. To say the least, I was also disappointed not having seen the Youtube video, etc. but I am not going to say anything negative about the company, or make judgments as to Mr. Ike Sutton's abilities, integrity, motives, etc. right now simply b/c I don't have enough information to reach such conclusions. We all have lied about something, and have come short in some areas in our lives, even though we may deny our own failures. Can I be wrong about GOIG? Of course, and if I'm, it won't be the last time. I do pray that I have not been wrong about this seemingly golden opportunity. Like someone said to me once, "I'd rather be wrong than to miss the oppty." I am totally responsible for my own actions, and invest in GOIG what I can afford to lose without worrying myself sick all day, and regret all my life.
Long & Strong & Patient as a Tiger
NNVCFAN
No matter what you decide, I wish the best for you and your investments. It will be such a great loss to this board simply b/c I think you are very intelligent, insightful, eloquent, honest, and diligent. A rare talent indeed!
Long & Strong & Patient as a Tiger
NNVCFAN
You sound angry, and I can sympathise. Just think about it: Maybe Ike was not the liar, but someone else who put him in bad light. It happens all the time when the people who work for you or with you do not deliver. Thinking the best of Ike in this case maybe the prudent thing to do right now, b/c at least you have trusted him as long as you did-- which could only mean that up to last week he deserved your trust.
JMHO
Try some ginseng potion first! Watch your back, sir.
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What does it take to sign up for a short code? Will it justify the company (GOIG) to get more short codes so as to multiply the number of keywords? Such as GO888, GO887, GO886........
Long and Strong and Patient as a Tiger!
More than 20,000 posts since April 20, 2010. Average 570+ posts each day.
If there is diluting now, as someone tonite was suggesting, that means the company does not anticipate the pps to be more robust in the near future (within the next 3 months). If that truly is the case, I will be follish not to sell all my shares, take my lose and move on. But I choose to trust Ike Sutton more than pure speculation on this message board. IMHO.
Long and Strong and as Patient as a tiger.
HAVN PHUN, I noticed that you sent a letter about Vanity Keywords to Ike Sutton. Did you receive any acknowlegement that he has got the letter? Please tell us how to "bang down GOIG's door", i.e. email address to Ike Sutton, etc. Thanks in advance.
Holding Long and Strong
This enthused GOIGer is still here holding Long and Strong. Heart of steel. Thanks for your many valuable postings, HAVN PHUN.
Another question--should GO800 offer package deals to companies that sign up for multiple same brand/trademark related keywords? Something like $50,000 per month for up to 7 national keywords, $75,000 per month for up to 12 national keywords, etc.
An example would be: Geico, Geico Ins., Geico Insurance, Geico health insurance, Geico property insurance, Geico life insurance, Geico Claims, Geico IT, Geico Customer Service, Geico IR, and Geico accidental insurance.
Long and Strong and very Patient
NNVCFAN
I have a question--does the White House own the "USA" keyword by default?
That is an excellent idea!
If there is no legal consequences for GO800 to lease keywords to competitors of non-customers, it will compel the latter to sign up with us so their business will not get scooped up by their competitors, right? haha LOL
My fault. That is, if pps rise at the same rate as the projected month to month increase in keywords (20%), which is compounded for 48 months (four years). 0.025 is the current pps. 158 is in dollars. Someone's 140 target is not that far fetched if this "text to connection" concept sells as we hope it does.
Excellent applications! Great job.