Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Sure seems like something is happening but what and by whom? Somebody already bought a few million 5's. Sure hope this continues. Long overdue!
Somebody is slapping ICNM today. 48M volume already and 5's are on the ask. Liking it so far!
Back to even now after some nice gains earlier today. Quite an underwhelming response to pink current. Perhaps PC was already baked in and/or we're seeing the sell-the-news effect that is so common in the OTC these days. No matter, I'm long here. GLTA!
NSAV AMA, [Oct 24, 2023 at 7:48 AM]
Dion asks
1. As you know, the most anticipated NSAV project over the last 2 years has been a CEX. I understand the JV with AWC is supposed to be a 3 in 1 ordeal (CEX, NFT, Rewards System). Where are you guys with this? Has a license been applied for or obtained as of yet? Is there an anticipated date for the JV?
2. Are there any plans for combining Fungy into the NFT portion of the JV?
3. What about the original NSAV CEX? It seems to still go through updates. Are there any plans for it's use?
NSAV AMA, [Oct 24, 2023 at 7:55 AM]
James says that he received word from AWC that the JV/CEX is ready to go and they are very optimistic of the success. Also says that the JV will also create public company subsidiaries that NSAV shareholders will receive shares in and this will benefit the shareholders directly individually and indirectly by having NSAV control public subsidiaries.
2) James says that as far as the NSAVCEX, as shareholders have mentioned, there is work and upgrades that are being done frequently. James also says the plan is to have the JV with AWC operate the NSAVCEX also, giving NSAV two operating CEX's
NSAV AMA, [Oct 25, 2023 at 10:26 AM]
James
If you can specify something please
Does the JV with AWC have a crypto license? If so, from where?
James you did not answer that from Dion's question
Thanks
NSAV AMA, [Oct 25, 2023 at 10:27 AM]
The JV will have a crypto license and we are still busy with that. Hopefully, very soon.
Thank you.
James
Another Q & A from the NSAV AMA telegram chat:
NSAV AMA, [Oct 25, 2023 at 10:34 AM]
Mike B asks
Buy back still on for past sold coins/tokens?
Anything you can tell us about the huge block trades we have seen the past month or so?
NSAV AMA, [Oct 25, 2023 at 10:39 AM]
To Mike B, yes, a buy back is still a goal when we receive revenues from tokens.
James says he has no idea about the huge blocks. It is certainly not any insiders, officers, directors, or Silverbear, as we have no common stock to sell.
The B shares: All B shares to Silverbear and related parties for services or acquisitions are still B shares and haven't been converted to common stock and are still RESTRICTED. Not a single B share has been sold to the market, so no dilution there. Silverbear, and directors, Yuen Wong, Danny Lau and the others have not converted or sold a single shares and if they did, it would have to legally be in the quarterly OTC filings. Therefore, James asks to please point out to the shareholders that what they are reading about Silverbear and Yuen Wong getting rich off them and stealing their money is totally false.
Interesting to see that ~25M share dump of NSAV at 9:39 did not really tank the share price, which is stuck at .0012 at the moment.
Interesting NSAV activity today. Three trades of 5.8M shares each so far today and all flagged as sells.
Below is a Q & A example from Oct 4:
NSAV AMA, [Oct 4, 2023 at 5:22 PM]
Q: How is the subsidiary model (like TruSAF) beneficial to shareholders?
A: James says the idea behind subsidiaries is to have them be public and the shares owned by NSAV will make NSAV more valuable. NSAV shareholders will not have to buy shares in the subsidiary company. We will spin out 20% to NSAV shareholders before the subsidiaries go public and then do an IPO. NSAV will issue another 20% in the IPO and retain 60%.
If we keep doing spin outs and they are successful, the NSAV shareholders who are down on their investment could get whole with their shares in the subsidiaries even if the NSAV share price does not improve, though it should increase with the addition of holdings in subsidiary companies.
Below is the tweet discussing the NSAV AMA telegram channel:
We would like to sincerely thank the $NSAV shareholders who submitted AMA questions. We will be answering your questions as time permits and the answers will appear on the Telegram Channel (TG) below. Thank you.https://t.co/LKhfReXQzC
— NSAV Holding (@NSAV_Tech) October 9, 2023
Not sure how many here subscribed to the NSAV AMA telegram channel but there is a bunch of activity yesterday and today. JT (or some proxy because the responses start with "James says...") answering questions about the CEX, AWC, coin/token buy-backs, Silverbear B shares, and block trades. I'm assuming this is all real and not some kind of spoof or fake news. Have a look!
Does that mean you're buying, sir? Just curious...
NSAV seeing a bump in volume today. Nothing too exciting but it's almost 11M now.
Joint venture involving NWPN and NSAV:
https://www.otcmarkets.com/otcapi/company/dns/news/document/70116/content
Didn't see this until it was mentioned in the tweets today...
https://www.otcmarkets.com/otcapi/company/dns/news/document/70116/content
Three new NSAV tweets this morning.
PPS and volume both up today. Seeing a lot of posts on X saying this has bottomed out plus SING tweeted:
Exciting things happening with one of our subsidiaries. Stay tuned for more details. $SING #updates coming
— SinglePoint $SING #cboe (@_Singlepoint_) October 17, 2023
More T-Trade info if anyone is interested:
https://incrediblepennystocks.wordpress.com/2013/06/25/incredible-penny-stocks-what-is-a-form-t-trade/
After months of due diligence, there are a few poorly publicized uses for a T Trade. The most important factor here is that the only requirement of market makers by FINRA is that they must report all trades in a day. They are not required to do so when the actual trade occurs.
To avoid creating “an unbalanced market”, market makers often do not report certain trades during the day to the public and then use a T Trade not to “scare” investors into thinking a market for that stock is going in one direction or the other at the spurring of one large investor.
If a market maker wants to accumulate a large amount of a stock in one trading day, that market maker may actually not report any of the trades that occurred until the trading day has ended so as not to alert the market to the collection. This practice is completely legal under the FINRA rules of the OTC Markets so long as the trade is reported at the end of the day.
Supposedly, a Form T trade is the mechanism used for reporting trades before or after regular market hours but I wish they were required to disclose more details when those occur. That 4.8M T-trade today represents ~16% of SFLM's trading volume as of 4pm. That's significant!
Don't think so. I've never heard of such a thing.
Seems like some impatient investors are dumping SFLM because of a perceived delay in getting Pink Current. The revised annual and quarterlies were posted a week ago and many expected PC in a couple of days. Hopefully, today's downturn is just a bump in the road. I'm hanging on to my shares!
Agree. Seems like nearly every OTC ticker is following the old sell-the-news credo lately. Sucks.
You’re probably right… except for the guessing, hoping, and waiting part. That’s about all we have in the absence of news
New plot twist. NSAV wants to use Telegram to answer shareholder questions.
NSAV tweeting early today!
Thanks for pointing that out. Sorry if I alarmed anyone unnecessarily! So…. Nothing's changed here and we continue waiting for news.
Interesting SEC complaint that involves JT but not NSAV:
https://www.sec.gov/files/litigation/complaints/2023/comp25853.pdf
Wow, 220M shares traded in 20 minutes starting at 2:42pm today! What does it mean?
I'm wondering the same thing. I did see a bid on RNVA yesterday (at .0001 of course) on Level2 for about 5 minutes with the ask at .0002. Then the usual 100M or so shares showed up on the ask again and the bid disappeared. I've seen this a few times since the volume picked up over the last 5 weeks. I'll take it as a good sign as we watch and wait.
Very interesting because that is very, very similar to my situation except I did sell several million shares along the way but then bought them back on various dips. I am still holding a pretty good-sized bag (though not nearly as much as I recall some others have mentioned several months ago). I think there is still some hope here and the last we heard from him, so does stervc. I think that counts for SOMETHING. GLTA!
Agree. Liking the RNVA volume lately, which has been well above average on quite a few days since around early September. Seems like something is about to happen here. I’ve had my lottery tickets for quite some time now. GLTA!
We have a bid!
I can't justify it with hard evidence but I have a feeling NSAV will put out something this week. Could be tweets or PR's regarding: the missing TruSAF tutorial video, the TruSAF IPO, the FUNGY NFT Marketplace, or any other 'project' in the works. Although such info may be fluffy, I would still expect the PPS to move northward if NSAV issues some kind of update(s). GLTA!
I've seen that situation on other tickers too where my trade has executed but does not show up in Level 2 at all or not until after a long delay.
If it appears not to show up at all, it might have to do with whether our orders are just being masked sometimes because they're part of a larger tranche.
Definitely some mystery in the MM machinations.
Only 35M RNVA shares on the ask at .0001 right now. From 8/21 until this moment, 5.8B shares have traded for roughly half a million dollars. Who's buying all these shares?
I’ve seen all that dd but that came out in August and RNVA volume didn’t really pick up until about mid-September. Maybe it’s a delayed reaction.
Yes, it does seem something is happening with RNVA given all the recent volume and occasional bid showing up. I’m cautiously optimistic but admit I have no solid DD to base that on. GLTA!
I wish more posters would stick to sharing info they discover plus their opinions based on facts and prior experience. The amount of inane pumping and bashing on all platforms is becoming quite annoying.
Wow, it’s brutal to see it stated that way but can’t argue the facts.
Very interesting day for CBIA. Volume was ~20X its average yet it only ended up 2 ticks. I assume some flippers who got in early were taking profits on the way up while others were loading or starting a position. Sell volume was about 20% higher than buy volume so that mix was fairly even. $450K in dollar volume = sweet! Glad to be in this one!
I’ve seen premarket volume on a few trip OTC stocks as well but never figured out how or why. The RNVA trades today are showing up as sells. I hope it bodes well too!