is...retired
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NSAV is desperate for money.
There are 80M more shares in the AS that are not yet sold. Offering them at below-market is an incentive to get them sold quickly.
80M X .007 = $560,000.
And, yes, it is dilution. When those are sold, you will own a smaller percentage of NSAV, which is the very definition of dilution.
I have seen nothing to indicate the audit is done OR submitted. I've seen things take 6 months that should have been overnight. SEC can have QUESTIONS that need to be ironed out, and that takes time. Let alone the thousands of other companies doing their regular thing...
Before uplisting, there will need to be 3 years of audited fins. That costs money and takes time. Don't hold your breath on this one.
No, no one 'predicted' a $20+ dollar valuation for NSAV stock. A computer algorithm that was badly in error did that. No human would value NSAV at $128 BILLION DOLLARS!! (6B shares X $23)
People, don't be gullible about things that are simply not possible.
The brokerages will all have to comply with the new SEC rules. Basically, the new rule is that brokerages won't be able to trade OTC Pink Stop except for selling. But if no one can buy them, being able to sell them is unlikely.
Well, that is way off subject, but if you get beef from a rancher, you had better make sure it is well aged by that rancher. Unaged beef is tough as hell. I know - used to butcher every two years.
Beef needs to be aged at LEAST 6 weeks for it to start to tenderize (rot) so that you find it edible. Look it up. Fresh beef makes good hamburger, but that's about all.
There will be no uplist before 3 years of audited fins are accepted by the SEC. That takes money, which NSAV does not have.
You can't possibly know why the price dropped yesterday. More likely, someone just sold a pile at market, which lets the price drop. There is very unlikely to be a 'group' working in concert to drop the price, and what on earth could they benefit from? The price reflects supply and demand, and it appears there is now more supply than demand. That is the simplest answer, which is usually the right answer.
When you DON'T KNOW something, you should write IN MY OPINION, rather than making a dumb statement that you cannot possibly know.
I had a $500K+ unrealized loss when it went under a cent. Just have to sit through those and let it work back up. At this point, I have seen it all, including quad zero no bid. By waiting, and selling on the way up, I'm out of debt, have about $5k of dividends coming in every month, and don't really care what NSAV does any more. I won't do anything to hurt the share price, but will only sell on the way up. If there are buyers, I am a seller at the right price. I still have 100M and my partner has $50M...we are both set, thanks to the performance of the NSAV share price. Not that NSAV has, itself, done ANYTHING yet.
I never sell when it's sinking. I've had these shares 4 years...a bit more won't hurt.
Right, and all of the billion preferreds have already been given out.
The 80M shares remaining in the AS is the last shares NSAV has and that is about to be sold too.
Dilution is when the OS grows normally. It grew when the dividends were given out, in 2017. That was not dilution because every shareholder got the same percentage of new shares. So, the OS grew, but it was not dilution - EXCEPT for those that bought after ex-dividend date, in June 2017.
Whether the dividend shares are restricted or not makes no difference to the share price. With almost 6 BILLION shares out, most of which are trading, the freed divi shares would make no difference.
Why would anyone expect VirtuaBroker to do something for the share price now? FIRST, they have to start making money. THEN they have to make some profit. THEN the bookkeeping takes place, probably monthly, and if there is some profit, NSAV gets a percentage.
We won't know if there is any revenue for NSAV until the end of this quarter, plus 45 days. that would make it about August 15th, or later.
At best, that would be 30 days of VirtuaBroker open, so I would not expect any NSAV revenue from that short period.
Well, I'm not selling, but that $350K loss today just hurts to look at.
Processing the old dividends will not dilute. They are already in the OS.
No, the public offering has not yet been approved by the SEC. Nor would NSAV want to peddle off the last few shares in its AS for a penny a share.
You don't see me making price predictions. That is silly on stinky pinkies.
Instead, study the rise and fall, and place your bets accordingly. Sure, I would like to see it increase a lot, but it could just as easily tank. No one knows what it will do, or why.
You can't have a buyer without a seller from whom to get the shares. So, no, there are not more buyers than sellers...they are always exactly the same.
Anyone that was around in 2017, when JT took over NSAV from previous management, was enticed to buy shares. First, the share dividend (One new share for every 10 shares owned) that was accomplished, apparently, with unregistered shares, so they are worthless.
The second was another dividend, where the Tiger Hemp Beer company, his alleged hemp beer company, would award NSAV shareholders with one share of THB for every 17 shares of NSAV.
That never happened either, but it's how I got over 100M shares. In those days, the future looked much like it does now. But the trail led nowhere except to no bid.
No one ever got a share of THB. Lots of 'deals', but none played out. That is a stark warning to those that 'trust' JT...
As if they had a cash stash...haven't you read the fins? Seriously in debt.
As of March 31 2021, company has accumulated a deficit of $3,294,561 and a working capital deficit of $1,011,070. That's over $4M total.
The last 80M shares remaining in the 6B authorized shares, if sold at today's price, would bring in $1.2M. That would still leave them in debt $2M+.
The ONLY thing that is going to help fix that problem is to start making money, lots of it. That will only happen if the companies it is holding an interest in begin to turn a profit themselves. NSAV will then get a cut of the profit. We don't know the financial conditions of any of those companies, because they are private companies.
So, we can hope, and that is about it.
No, the idiotic thing is thinking that an automated market needs to send 'signals' to each other instead of simply communicating by normal means.
MM's in the otc do not send signals, no matter WHAT you think from over a decade ago, before the market was automated.
When people sell at market, or market at close, the share price drops. It is actually that simple.
No, there is NO SUCH THING! It is an automated market, the computers simply don't send signals to each other.
BS. JT has ALL the votes, and his wife is VP. Those other guys are directors, and have no say in what JT can or will do.
Neither you nor anyone else knows what the relationship to SBC is. Stating things that you cannot know makes you look silly.
Tilton is running at least 3 companies. As long as he is CEO, you can assume he is fully in control, whatever that means.
Idle speculation gets us nothing.
Nobody is trading 777. That is a partial trade. The only full trades you ever see on L2 is AON (all or none). The rest is all partials.
The only reason the price tanks at the end of the day is idiots selling at market at close. That DRIVES the price down.
If they sold at a limit, near the current price, the price would remain steady.
You can't 'lock' your shares by putting them up for sale. That just means MM's can 'borrow' and return them. You can lock them only by not putting them up for sale.
No, 'they' didn't walk it down. Stupid traders did that.
If you sell at market, the price will instantly start dropping, because you are saying 'I'll take whatever', so the mm's snap them up at below market.
If you sell at close of market, that is still 'at market' and the same thing happens, only it happens at the close.
The simple solution for both is to sell at a limit that is near what you will accept for your shares. That keeps the share price from spiking down.
You should NEVER sell at market unless you are exiting the stock and don't give a crap what it does to other shareholders.
I was involved in the dividend fiasco, and we were NEVER told that they would be unregistered, or that they would be restricted for 2 years. That is a fantasy, which ANYONE HERE can check for themselves, as it is in these messages, from 2017. His twitter account from then is deleted, but he can't delete the messages here. This is the VERY FIRST TIME I have heard that they were unregistered shares, and that we'd have to PAY to get them freed.
That's BS, but I'll pay the $400 if the price hits $.10 - that's $50K.
You all realize that the 'wall' is simply a shareholder with a limit set. Once his/her order fills, the price can rise.
Just don't mortgage your house for money to buy NSAV shares. There is no way for any of us to know what it will look like in a year. It could be higher, it could be lower. It could even tank.
Holding companies only have revenue if the companies they 'hold' make profit. NSAV can't survive long without revenue, so that is what to watch for.
Institutional investors invest money in companies for shareholders. No, and I mean NO institutional investor would put investor money into stinky pinkies. I don't know of any that will invest in penny stocks, period, which is under $5.
You don't give your money to investors that are going to put your money into the riskiest stocks in the country. SMH!!
There have to be sellers and buyers for the share price to go up. What we need is for those with tons of shares, like me, to not hurt the share price by selling too many at a time, or by selling at market, the worst possible way to sell.
I'm quite content to sell shares when the price is moving up. But you'd never be able to detect when it is happening, because I won't hurt the share price. I want it to go up as much as anyone.
I don't know about VB. First, it has to become functional. Then, it has to begin making profit. If that happens, NSAV will see some revenue from it. I hope it can make money.
I have lots of NSAV shares. I've had them for 4 years. I didn't make a penny off them for 4 years. I'm not talking NSAV down, I'm pointing out FACTS. Those FACTS are there for anyone to read.
NSAV has not made a cent in 4 years. It's bleeding money now. No revenue is coming in or expected. Those are facts. Everyone should consider facts before they consider dreams.
Read what is filed with the SEC vs what is posted in PR's for a NON-REPORTING PINK STOCK. It is a story of two different companies.
Why would you say that a company that is bleeding money, and is trying to sell off the last of the AS shares is going to be worth 25 Times+ what it is worth now? There isn't a penny of profit, and the debt is growing by leaps and bounds. Can't you read the fins, and see how far in debt they are, and growing further in debt?
Take off the pink sunglasses and look at the fins. There is absolutely NOTHING promising there.
What is filed is the actuality. What is PR'd is not reality, it is pipe dreams until at least ONE of them can bring in some revenue. NSAV gets no money from ANY of these companies until they are PROFITABLE, and if that happens, NSAV gets a percentage of that profit.
Again, first these companies must make some profit for NSAV to see even a penny from them.
He's betting on startups. Only 1 in 10 startups ever turns a profit.
I can't imagine what in hell you are talking about. This won't see .25 for the foreseeable future. We will be lucky to get back to $.05, not 5 times that.
Yes, I remember it, and read about it in the late 2017 messages on this message board a few weeks ago. JT cancelled his old twitter account, so everything he tweeted was lost. But what he essentially stated was that he was going to do a share buyback, and deposit the shares into a 'fund', which we, the shareholders, would profit from.
Unfortunately, it takes profit to buy shares back, and NSAV has never made a penny.
Go to Bitcoin.com and read about it. It's not like it's some secret. If you understand credit cards, you understand crypto. It's just not a plastic card, it is a digital wallet.