is...retired
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There are no messages. There are no humans. There are only computers, fulfilling orders. A witch from flatland told me about the messages...but she was joking.
And if any of you believe those partial sales are messages, you need to wash your brain out with soap. Be careful what you put in your brain, because you will never get it out, whether it is true or not.
THERE ARE NO MESSAGES. THERE ARE NO HUMANS INVOLVED.
No, I don't ever sell on the way down. I haven't sold a share since it was at $.05, and won't until it gets back there. I still have about 150M under my control, in 4 accounts. It will eventually be worth at least $7.5M and more if it gets back to where it was.
The price dropped because people with tons of shares sold to get some profit from years' worth of holding worthless shares.
BULL SHIT. There are no eyes on penny stocks, so there are no messages. It is an automated market, and you are thinking about people on the NYSE floor, yelling numbers at each other. NOTHING COULD BE FURTHER THAN THE TRUTH.
None of that has any meaning. When you look at L2, all you see is the tranches - the partial trades. All 911 means is that the rest of the order went at a different price, and this was the rest of the order.
You guys really need to get with it - none of those old wives tales mean shit, and if you think they do, you are at a trading disadvantage, because you are believing in fairy tales and making buy/sell decisions that are meaningless.
No one knows what a whole order is, and how it is filled. What you see is only the partial trades on the way to filling an order. Ever order 453 shares of a stock? I thought not. People order on even numbers, and MM's fulfill the best they can at the best price for them. What your's 911's are is finishing up the order with more expensive shares.
No, MM's don't throw up walls. Sellers and buyers do that. All Mm's do is execute the trades.
Literally none of that is true.
First of all, MM's don't CARE what the share price is. They fill orders that are within their spread, period. They adjust their SPREAD to compete against other MM's for orders. No one looks at these penny stocks - they are all computerized, no human hand is involved in these sales.
Gaps are meaningless. They exist, and penny stocks go up and down regularly, so it is natural that they would get 'filled' sooner or later. But it is meaningless to speculate that a gap MUST be filled.
There are no shorts in penny stocks. I won't go into the fact that no brokerage will permit it, but it would not make sense to bet a penny stock would go down, when they all go up and down all the time. Buy low and sell when it's higher - or bet it goes down, and lose your ass. It is financially not a viable trading practice in penny stock, even if you COULD do it. No, there are no shorts. Short volume is meaningless to traders. It just shows that trades are happening.
NO one is trying to drive the price down. It goes down because people sell at market. Or below the current price. That's giveaway money.
Coals in the fire is also meaningless. It is the steak from the coals that we are looking for, and we haven't see hide nor hair of the beef yet.
The NSAV dividend shares are still restricted. They were given out in June, 2017 and were supposed to go off restriction in December 2017. NSAV has to tell their TA to release them, that's all it takes.
They are OUR shares, GIVEN to us for being 'loyal shareholders'. No reason to try to get a lawyer involved, we need to ask JT to contact the TA and free them up.
At this point, it is a fraud, because JT told us to buy shares to get the dividends, then he never followed through. That is fraud.
SBC has no way to control the price of any public company. Nor would it make any sense for them to try - they aren't day traders, they are a crypto company. The stock they have is preferred stock that is not tradeable.
Of course it's not dilution. There are no shares left.
It is simply more sellers than buyers, as it always is when the price drops. And, many of them selling at market, which drops the price.
That does not make a difference, until NSAV can start posting profit. That means we wait until we see if it happens. Nothing more, nothing less. Deals are worthless unless you make money on them. 30% of nothing is still nothing.
The short answer is that I don't know what NSAV will do. But, as the price increased, I sold enough to get out of debt, to get my money back out of NSAV, and to invest in monthly dividend stocks that bring in about $5k a month. I also purchased new appliances for my 15+ year old ones, so those are all new, and I owe the thanks to NSAV. No matter what it does in the future, it already did for me more than I had even hoped for. If it goes to no bid, I will lose nothing but the memory of how much it was worth at one time----over $6M.
That, and his constant 'the entire NSAV team will be working over the weekend'...the team is JT and his wife. There are no other actual employees, although there are now two 'directors' that are employed elsewhere.
I have heard these same words for years.
My thoughts are simply to wait it out and see if it can make money for NSAV. These 'deals' are only good if the company can pay its bills AND turn a profit, then NSAV gets a cut of the profit. So, we have to wait to see if a startup company can actually turn a profit at some point.
I don't think anyone should feel confident about this company. It has a history, and history has a way of repeating itself. Before JT came along in 2017, the previous CEO ran NSAV into the dirt. That's how JT got it for peanuts. (This can all be verified by looking at the older filings.)
Then, when JT came along, he started making 'deals', one of which was to entice shareholders to buy more shares, because he said every shareholder would get 1 share of NSAV free for every 10 they owned. I owned 5M by that time, and eventually received 500K 'dividend shares'. They are still at etrade, still restricted, and thus useless.
JT make a number of other 'deals' during this time, and the business plan was to become a one-stop-shop for cannabis - testing, cbd, hemp beer and several other 'deals'.
One of his 'deals' was the hemp beer company, which he said he would 'spin off' and give NSAV shareholders one share of the beer company for every 17 shares of NSAV. I, and a lot of others, scrambled to buy shares of NSAV, so we could own part of the new spinoff. That is actually how I came to have over 100M shares of my own.
Long story shortened - not one 'deal' ever panned out, and JT ran the company into the dirt, just like the previous CEO. The share price was QUAD zeros, which is of course less than trips.
After a few years, during which the company wandered aimlessly, Jake Noch came into the picture and was made CEO. You just HAVE to wonder what that was all about...Why would the CEO give up his title? But he obviously did, as the filings show.
Anyway they had a falling out about a year ago, and Jake sued NSAV and won. It was said that the settlement was complete, and I do believe Jake got common stock, the last big increase on the OS. Not long after that, NSAV share price took off. I'm pretty sure Jake sold his shares to get his $1M settlement out of NSAV. I'm not saying 'someone' jacked the share price up to get away from Noch, but it *looks* like that happened. He might even have purchased enough shares to start that price hike himself. Then sold at a nice profit once the share price took off. If he did what I'm thinking, he sold all his NSAV stock, probably at market, and that started the price slide. He wouldn't care, all he wanted was the cash, and he obviously got a lot of it.
You all may think I'm straying, but I'm not - all this stuff really happened, and can be proven. Most of it is in the filings, but the rest of it can be found right here on this message board.
Today, we have what *might* be a repeat: JT making deals that 'sound' like a valid business plan. Everyone here is just drooling for the 'upcoming success' of NSAV.
But, once burned, twice careful. There are only two possible outcomes with NSAV:
1. It can become successful with the new business plan in the crypto arena. That is what to hope for.
2. It can repeat what it did in the last 4 years. That is what to be afraid of, especially if you bought in above a penny.
I'm not saying I know which it is, but I would absolutely NEVER tell anyone to be 'confident' about any stinky pinky, nor would I ever tell anyone to 'buy' NSAV until we see something that shows NSAV is actually making some money, not just 'deals'. It has never made a profit.
I would advise everyone to be careful, and keep a sharp eye on what is said by JT, and what we eventually learn he meant in his numerous exaggerations.
The quarterly report was due yesterday - it should reveal where the 'money' is coming from for these 'deals'. But it's late, as usual.
Yes, I still have my 500K 'dividend' shares - still restricted, of course. They were worth $30K just a couple months ago...
I certainly don't think it was a private company involved with crypto. If anyone surpassed 300 M shares, they would have 5% and have to report it to the SEC. That would include private companies, not to mention that private companies have a hard enough time making money without risking it on the most dangerous stocks in the country.
A few of us could do the same thing to another trip company if we formed a buying partnership understanding. 10 of us could do it.
So, I don't think any one person or company purchased 300 M shares of NSAV, period. No filings, no such purchase.
SBC could not have held a billion shares without a financial disclosure. Anything over 5% must be disclosed.
SBC is not a stock trader, again.
You guys' imagination is running rampant.
None of that makes sense. If SBC was buying shares in November, the share price would not have stagnated until February. But AGAIN, SBC is NOT a STOCK TRADER. They are a business involved in getting a crypto coin minted. STUX.
Why on earth do you keep saying SBC is selling shares? They are NOT stock traders, and if they were, there would be far better stocks to trade. SBC has 1B preferred, restricted NSAV shares, and since they can't sell any of them, they aren't selling anything.
However, if they WERE selling shares, they would not be stupid about it and sell at market. THAT is why the price drops - people selling at market causes an instant price drop. Selling at a limit doesn't cause a price drop, but it DOES prevent a price increase until the order is filled.
So, everyone, ignore people that claim SBC is 'trading' shares of NSAV. Not only is it not selling shares, it would not stoop to dicking around with a penny stock to raise capital. They know how to borrow money, and 'gambling' with a stinky pinky is not one of them.
'probably acquired by SBC'. That is the stinker - we don't know if they bought ANY NSAV stock. Why would they? They aren't penny stock traders.
NSAV has 2 kinds of preferred stock and common stock. The common stock has an AS of 6B, of which 5.9B are issued. The series A preferred stock has an AS of 225,000,000. The Series B preferred stock has an AS of 775,000,000.
The OS refers to the common stock, of which 5.9B are issued, and at this point, all of the preferred shares have been given to SBC.
Last December, this happened:
During December 2020, a holder of 200,000,000 common stock shares elected to convert these shares at a conversion price of $0.00005. That netted $10K. We don't know who that was. The share price spike started in early Feb, and it has been decaying since then.
In February, NSAV said:
Effective immediately, NSAV issued an additional 30 million shares of super majority Preferred A shares to TG Private Equity Inc., therefore making that a 50/50 partner in NSAV.
In April, NSAV PR said:
Net Savings Link, Inc. (OTC: NSAV), a cryptocurrency, blockchain and digital asset technology company, today announced that NSAV will exercise its option and acquire an additional 25% stake in SBCDF Investment, Inc. (SBCDF), which increases the Companys shareholding to 50%. SBCDF will soon launch its STUX (SBC Token Unix X). The STUX token will be marketed via all the major social media channels such as, Reddit, Discord, Telegram, Twitter and Medium. To complete the transaction, NSAV will issue 500 million restricted Preferred B shares, which when converted, have an estimated value of over $10 million. On March 15, 2021, NSAV announced that it had acquired its initial 25% stake in SBCDF under the same terms.
That means the entire preferred stock was 'given' to SBC. So, they have 1 B of NSAV preferred stock, all restricted, and NSAV has a 50% interest in SBC. And TG Equity has a 50% ownership of NSAV.
There is no indication, anywhere, that SBC has PURCHASED ANY NSAV STOCK.
However, at the time the stock was in quads, as it was in December, someone, or a group, or a company began buying shares. No one knows who or what started that buying spree, but the price climbed to $.067 and then dropped back to where it is now, about $.008. That's an 8 bagger, backwards. (A loss of 80+%)
So, we don't know exactly WHY the price spiked, and we don't know exactly WHY it has dropped since then. Assuming SBC has been buying common stock makes no sense. They aren't penny stock traders - they are a business that has better things to do.
But someone, or some company or group, bought hundreds of millions of shares right around $.0001. 100M shares at that price is only $10k. So, for $100K, someone could have purchased 1B shares if they purchased at a limit. I'd think a buying group got involved, so none of them would approach the 5% ownership trigger. They bought, got the momo going, then sold for a handsome profit.
It may not repeat. It may have nothing to do with how the company is performing - it could have been purely a stock market play. Something that we could do with another trip zero company, if so motivated.
If you think dilution is obvious, you obviously don't understand what it is.
The OS is already maxed out - so dilution is virtually impossible at this point.
SBC doesn't 'want' the NSAV share price to drop. That is ridiculous. The higher the price, the better it is for everyone.
Instead, it has nothing to do with outside entities. It is traders with tons of shares that are now worth 1/6 what they were 3 months ago. Those shares, 6 BILLION of them, were worthless just 6 months ago.
As the share price sinks, they just say 'screw it' and dump them to get the profits they can. That perpetuates the drop in share price.
As long as NSAV only talks about deals, and tweets their ass off, this will continue. It will take MAKING SOME MONEY to turn this crap around.
And, NSAV in 4 years, has never made a penny of profit, and those of us who have been here that long, know it.
A good sounding business plan entices you to buy in. That's what all of you are buying in to. That's why I did 4 years ago. But NOTHING has EVER brought a single penny of profit to NSAV. There have been many, many 'deals', which all sounded good, but until there is some execution on these plans, the share price will probably continue to sink, because those with the bulk of those 6 billion shares will simply take some profit and move on.
This looks more and more like a rerun of 2017, and many of the very same tweets from then are reused this year verbatim.
I hope the best for NSAV, because I still have a ton of shares. But I've lost $5M value in the last 3 months, and that may not be over. I lost a quarter of a million dollars just today. These losses just don't set well, and telling us to 'believe' just don't cut it. We will believe when we see some fricking profit.
SBC doesn't 'want' the NSAV share price to drop. That is ridiculous. The higher the price, the better it is for everyone.
Instead, it has nothing to do with outside entities. It is traders with tons of shares that are now worth 1/6 what they were 3 months ago. Those shares, 6 BILLION of them, were worthless just 6 months ago.
As the share price sinks, they just say 'screw it' and dump them to get the profits they can. That perpetuates the drop in share price.
As long as NSAV only talks about deals, and tweets their ass off, this will continue. It will take MAKING SOME MONEY to turn this crap around.
And, NSAV in 4 years, has never made a penny of profit, and those of us who have been here that long, know it.
A good sounding business plan entices you to buy in. That's what all of you are buying in to. That's why I did 4 years ago. But NOTHING has EVER brought a single penny of profit to NSAV. There have been many, many 'deals', which all sounded good, but until there is some execution on these plans, the share price will probably continue to sink, because those with the bulk of those 6 billion shares will simply take some profit and move on.
This looks more and more like a rerun of 2017, and many of the very same tweets from then are reused this year verbatim.
It was not 'pulled down'. There simply are more sellers than buyers. Gaps are meaningless, except that, in this market, there are ups and downs and so-called 'gaps' are 'filled' when the market just does what it is supposed to do. No person or entity has anything to do with it except sellers and buyers.
Insiders in public companies cannot purchase shares except within 30 days after filing fins. That extends to their families too.
The share price goes down simply because there are more sellers than buyers, and because some sellers don't sell at a limit.
You don't NEED anything besides sellers and buyers to see the price change. It is ALL about supply and demand. Demand is down now, supply is plentiful. Price is following that situation.
Time will tell. I say not before the end of the year, but not because the SEC is slow - the work has to be SUBMITTED to them first, and that has not happened, and we have no idea when it will happen.
Jeez, he made about 50 tweets getting from pink stop to pink current. You don't think he'd tweet about progress on uplisting? No tweets, no action.
First of all, this is simply a stock gossip board, and nothing I can say should influence anyone or the stock price.
Secondly, I have not stated anything that is not true, and can't be seen for oneself by simply looking at the history. I've been holding this stock for 4 years, and I've seen a LOT of 'tweets', NONE of which ever came true, including the current ones. I've seen the stock price BELOW .0001 in the last 6 months. I pretty well know what I'm talking about, and nothing I say can't be read in the filings or right on this board, where JT's 'old' tweets still exist. He 'killed' his previous twitter account, and everything he said about NSAV. But, people copy those to this board, and they can be found.
I have half a million dividend shares that were supposed to be restricted for 6 months. It will be FOUR YEARS this year, and not a WORD about our shares. They are still restricted, and guess who doesn't want to talk about them.
When NSAV starts making money, instead of noises, I'll continue to say what I know to be fact, and if you all don't like it, ignore me. That's what the ignore button is for.
The audit alone will take longer than a month. It needs to be done, and THEN it has to be verified. All the last 3 years of fins must be converted into the format required by the SEC, and double checked. Then submitted to the SEC, and then answer their questions, not to mention that they have 10's of thousands of other companies doing their filings at the same time. It'll be amazing if it happens by the end of this fiscal year - 12/31.
2021Q1 is due in a week. I bet it is late. It usually is.
Go back and read the postings from 2017. JT said no reverse split while he was alive, then. It was also in an 8K. This is all a repeat. And, remember, the articles of incorporation can be changed at any time by those in charge.
Well, very observant. I personally own 106M shares now. I manage my partner's portfolio also, and she has 49M.
Another, whose portfolio I managed before, had 75M shares, and she sold all of them around $.05. Happy lady.
I haven't bought a share for myself since 2017...
NSAV is alternative reporting, so no SEC filings are necessary. They are permitted, but not needed. They do cost money.
In order to uplist, it will have to become SEC reporting, and 3 years of financials will need to be audited and accepted. That also takes money. NSAV doesn't MAKE any money and is in deep debt.
Well, I still have 155M shares, and have sold only on the way up, like you're supposed to do. Got my investment back, paid off all the bills and credit cards, bought a new tv, got my car painted, and bought a new range. I also invested in monthly dividend stocks that bring in about $5K/month. I don't need to worry about NSAV any more, and if you figure it out, those remaining shares are still worth $1.8M.
Complete bs, and a bad guess. The OTC is fully automated, so computers simply buy at the best price and move on - staying within the spread, of course.
You are seeing partial trades. L2 doesn't show the entire buy/sell - it shows what partial trades are happening. I got just ONE share in one of those. MM's buy at the cheapest price for the maximum number, then they move up to the next higher price to buy more. It could be just one share needed to finish an order, as happened with me.
I don't do any of that. I just download the tax report from etrade, which tells you everything you need to know. The basis, the selling price, and whether short-term or long-term.
The exact same thing was said in 2017, when JT took over the old company. EXACT wording.
My point is simply that making deals is easy. Making profit is a whole nother dog.
Speculation rarely becomes reality in the otc. The fact is that there are billions of shares that are up over 2000% and the stock price is nosediving. People are selling to capitalize on some profit even on the way down.
That is a fact. That is not speculation. All these ideas about sbc are total speculation, because we have not a single iota of proof of any of that. We don't know what they are planning, and we don't know how they would pull it off. But dicking with the share price makes no sense.
Don't forget, of all these 'deals', NSAV has yet to make a penny of profit. That's the way it is in the otc - dream big, get everyone excited, and get them to buy into the picture.
What counts is not the 'deals', but the profit that rolls due to the deals. So far - zilch.
And, when you make these wild claims about what sbc is 'trying to do', you should always include (IMO), because you are not working from facts, you are working from dreams.
No, SBC does not want to hold the price. A rising tide floats all boats, so there would be absolutely no reason for that kind of price manipulation.
TRADERS are the ones that manipulate the price, by the way they buy/sell.
There are BILLIONS of shares that are very profitable available right now, and people are selling them. All you have to do is look at the chart - price drops follow 'red' trades, which means shares sold at market.