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I could be wrong, but in one of david's e-mails, I think that he said the plan was to become debt free soon, and that he should be profitable by oct. If the co. is profitable, ( meaning after expenses money is left over), the loans that would be required going forward would be at a better rate and not through the likes of an asher or southridge. IMO
Depends upon your definition of soon. I think it will be days rather than weeks.
NSAV very close to being debt free if not already there. LOW share count for a penny stock. ANY good news and this thing will run up fast.
Just a word on tactics here. I know some have bought huge quantities lately, and they are looking to sell all on any decent gain. As for myself, I have accumulated enough at a low enough pps that the next run-up, I will only sell half. That will leave me in great shape for a continued run, or if it crashes way back, Im still good. The problem will only be if there never comes a good run-up, hope that will not be the case.
Hey FG6, if we can get some new money comming in and hitting the ask, the effect will be huge increase in interest as the price rises, and therefore much more volume.
The 50K was me, I was nervous that they were going to throw out a sell at that bid so I waited as long as possible to buy, good teamwork guys. Hope they are not reading this board!
Standby to hit the ask just at closing, in case they throw a sell at the bid, we don't want a .0007 close.
Anybody with spare cash needs to hit the ask with small buys all the way through close. I will also.
Funny guy, It just doesn't work that way you know.
Muttley laugh, HHEEEHEEE HEEEH HEEEHH HEHEEEEEEEEEEEEE
That's not possible, that would make me a millionaire.
I fear that you are right, since eventually we will all be making very, very negative predictions.
Every prediction or theory that I've read on this board, including my own, have been wrong. So, good luck.
Hey, isn't it important for us as retail shareholders to always hit the ask with a small buy at closing so as to not let them drop it with at small quantity? I know that FG6 has done so at times, and I have as well, come on guys, lets be smarter. The reason being that the discount offered to the loans is based on an average of closing prices.
How far could a PR take us if it stated that Nsav is now debt free, and profitable?
In order for them to squeeze the last bit of blood from this, they will need billions more shares to offer. Remember, just a few short months ago, this was trading MUCH, MUCH, higher. I was hoping that .0009 would be the turning point, but now it seems that this is heading to another huge share authorization followed by a reverse split. And that will devistate current stock holders. We're toast IMO.
Did Nsav just authorize and additional 5 Billion shares?
You can buy all you want now at .0008, yersterday you couldn't even buy at .001. Go fuvking figure!
Yeah, they are seemingly playing games. Yesterday my order for more than 100000 at .0009 only partially filled,(5000). Then I put another order for 300000 at .001, it didn't fill at all. There were just no sellers at those prices. A theory holds that those entities with many millions, will not sell for fear of tanking the price any further. That means that they must actively promote the stock in order to unload. Hope you are locked and loaded.
Good luck on that, my order in at .0009 went all day without filling yesterday. I am pretty sure that I will have to raise my bid to at least .001 to get any real number of shares.
Yes, that's what Im talking about, They are trying to stop any real volume at these prices. Question is, why do you think that is?
Yes, I know, but the commision is more than the value of those meager shares they gave me. Those bastards are in a manipulation mode, and it seems that they don't want the retailers accumulating vast quantities at these prices, AND WHY WOULD THAT BE!
My order was partially filled with a very small amount, then they raised the ask, now if I change my bid, I will have to pay a new commision fee. I think they know this too.
They shut me down, I tried to buy ABOVE the ask, and they raised the ask ABOVE my bid!
Thanks for the reply, do you remember what year that was done?
Forgive the spelling errors in that last post, I do know better.
I admittedly do not know much about the corporate structure of penny stock companies. What I need to find out is, who, or what official or entity, holds the majority of the autorized common shares. And if that changes, as in some outsider becomming the majority shareholder, what does that do to current managements position of power?
Hey Al, better watch your step, Im watching you on my live feed from my geostationary satellite.
I think the high from here will only be .002 -.005, and I do think it will reach that range soon.
No, I doubt very seriously if the stock price will ever get to .01 again without a reverse split. That is why I have the opinion that if those with a high cost average do not average down, then they will lose most of their investment.
How about the company officials, and those who were paid in stocks for services rendered?
By the way, does anyone of the old timers here know who is the single largerst shareholder, and how many shares they have?
I can see that you are in a similar spot as Al. I don't blame you for feeling the way you do, but don't let your feelings think for you. If your average is .017, and you put $22K in this stock, then you have less than 1.3million shares. Here again, I don't know your financial situation, but another $1500 or so can almost triple your shares. Now measured against $22K, $1500 is nothing, and IF, this is promoted heavily, and there is some actual good news comming out, then you see that you can salvage some of your losses with a new, lower cost average. But, to each his own. As for me, I am buying more everyday.
Al, I have not lost as much in this stock as you, so I can't fault you for not averaging down. But, I am speaking about the mathematical odds of recovering for those who can afford to take advantage of a good buying opportunity. I believe that if one were to buy heavy now, it will enable them to recover their loss and maybe even profit. That's what I know, and It's not wrong just because you disagree.
Al, in the statement, " own collective decisions" I used the word "own", as plural, not singular, they are spelled the same, without and "s", or "es" on the end. So the statement is correct, and is not an oxymoron.
Al, did you hear something flying overhead? Of course you didn't, it was passing much too high for you to hear it. Well, that something that flew high above your head, was the point I was trying to make. And that point is, and I will type slowly here so as to not confuse you, that the company, or lack thereof, has no relationship at this time to the pps of the stock. What does have an influence over the pps is if there are BUYERS. Without buyers, no stock is going to rise, even if the company is a good one. Did I type that slow enough for you?
Have you ever wondered how an underdog team, be it football, baseball, or any other kind of team that you can think of, can defy odds, and win big over an obviously superior opponent? It's called comming togeter as a team in a way that they have previously never done. That is what some people call, "fate", or "mind over matter", or any number of other names to explain the what they really don't know how else to explain. But when looked at as each individual performing to their utmost, in conjunction with their TEAMMATES, the overall output is in fact greater the the sum of each part. That's what I am telling you all here, your fate does indeed lie in your own COLLECTIVE decisions as a concerted GROUP EFFORT. Without everyone participating, not much will get better. Yes, it does include positive thinking, No, it doesn't include negative posting. Yes, it really is that simple.
You have to realize that if this were a real company dedicated to makeing real profits, this would not be a penny stock. All over penny stock land are "pretend companies" just designed to make money for those who time the stock right. That is all that you have here. And the only way to get any of your money back that you have lost, is to average down bigtime. There will come another pump and if you have not lowered your cost basis, you cannot hope to get a single penny back. Your fate is up to you IMO.
One way and ONE way only to have even a slight chance of any recovery. This is the way. Every one who can afford it, must average down with as much as they possible can. I am doing the same, and will continue as long as it takes this time around.
P.s. anyone know what happen to FG6? Haven't seen a post from him in a while.
No problem Al, I know how it can be sometimes.
Here's the math for those who want it;
6700 shares @ .745 = about $5K +1,000,000 shares @ .0009 = $900, Therefore $5900 / 1006700 = .0058 average pps.