is...retired
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NSAV and CHIF are two different public companies, headed by the same CEO. There is no reason, under the sun, to merge them. There would have to be a REASON to merge two companies, generally because one of them has something that the other is missing. Neither company has anything to offer to the other. So, a merger is simply not even a workable idea. Everyone should understand that, and QUIT talking about merging two companies that have nothing in common except the CEO's name.
First of all, no one is shorting penny stocks. Brokers won't allow it to start with. But it doesn't even make sense to short a penny stock, because it would cost more than could be made.
Shorting is a gamble that a stock will fall. If it does, you can make a few pennies. But if it doesn't fall you can lose your ass.
Better to put a few dollars to BUY the stock and hope it goes up, than to gamble thousands that it will go down.
What kind of a mind set would you need to short a stock that is skyrocketing? SMH!!
If you don't believe me, ask your broker to short even 100 shares. First, they will tell you that you can't short penny stocks. Period. But then, if you COULD, they would tell you that you have to have a margin account (who does?) and you have to RESERVE $2.50 for each share shorted. 100 Shares requires a reserve of $2500, which is the BROKER's reserve in case the stock goes up. They will USE that money to purchase your shares at the higher price.
So, once and for all, PLEASE STOP SAYING PEOPLE ARE SHORTING PENNY STOCKS. Try it. I've issued this challenge for years, and not ONE PERSON has ever been able to show that they have been able to short penny stocks. You CAN'T. You only show your own ignorance when you talk about people shorting penny stocks. If you are a trader, you should at LEAST know the rules.
Those 'news' sites are bs. They GREATELY exaggerate that they report, and regardless of whether they say so or not, they are generally paid for. What on earth incentive would a company have to brag about companies other than to drive eyes to their site?
Every article includes words like 'powerful', 'parabolic', 'major', 'swift', 'surging', etc. When you see such reporting, your eyes should glaze over, because you KNOW they are exaggerating.
Ask yourself how they get paid.
Look past the rosy reports, and keep your eyes on a company's actual accomplishments.
Notice that Tilton NEVER says hong kong private equity firm without the word 'major' being included. Same with Wall Street investment banking firm - never mentioned without 'major' added.
Remember the 'leading' crypto company? It isn't even functioning yet, but it is always painted with 'leading'. What on earth is it leading?
So, look past those rosy words, they are generally misleading.
I don't remember how many Noch has/had. It is found among the many PR's over the last year, and we don't know what the settlement was, exactly. But JT SAID he has shares.
I suspect Noch has been dumping all day. Can't imagine why he wouldn't. Back to suing, which is his business.
As NSAV increases a penny, 1 mil at a time is sold. The proceeds go into dividend stocks. When NSAV drops, we hold. It's a simple strategy that provides monthly income.
Go to NSAV on OTCM and look at Security. That is where the float is kept current.
The last several years of Apple OS - Just saying...
Apple OS
Not that comparing Apple to NSAV makes any sense in the first place, but look at the trajectory of apple OS over several years...since 2017. And of course Apple is one of the most valuable companies in the world besides. And, they are profitable, which is why their share price is so high.
NSAV is not even profitable, to our knowledge - they don't even post their fins. We have no idea of their financial status. That should concern some people.
Institutions don't 'invest' other people's money in companies that are not profitable. NSAV doesn't even post its fins - so no one knows what its financial condition is. In short, no institution would ever buy into a non-profitable penny stock. Institutions invest other people's money to make them a relatively guaranteed profit.
As far as I know, no institutions buy into pink sheets, period. There are OTC stocks that are not penny stocks that they may very well utilize, but pink sheets are among the riskiest stocks available, and that's not what institutions are are about.
I can't answer about when public companies post information. It is posted when the t's are crossed and the i's are dotted. Things can go back and forth until that is done.
PR's aren't done deals, they are potentially upcoming deals. That does not mean they will actually happen, it only means that is what is planned.
There is a big difference between plans, and what actually happens.
Look under Security Details.
There is never a time when an RS is good for shareholders. The only benefit is for the company to reduce its OS, and usually after any RS, the share price immediately tanks. Sometimes all the way back to the before split price. Been through that, saw what happens. Now I hold at most 50K shares through any RS just to watch what happens...VRUS just went through one and its price is now tanking as expected. Not down to pre-split yet, but still trending that direction. I dumped my VRUS shares except for 50K and then dumped them when it began dumping back, as usual.
Don't ever think an RS is good for shareholders. It is not. It is an indication that the company let too many shares out, usually for unpaid loans, and they need more room under the AS to continue to dilute. ONLY if the AS is shrunk at the same rate as the OS would it make any sense to a shareholder. I have NEVER seen an RS tied to a reduction in AS - ever.
Retiring shares reduces the OS. The reduced supply increases the demand which increases the share price. But, in order to buy shares back, you must have profit to buy them with. Otherwise, you are using borrowed money to buy your own company shares, and that could result in dilution if that loan is not paid back as agreed. That is not what NSAV will do.
NSAV doesn't post its fins - we have no idea of whether there is profit or not. If there is profit, and if they wanted to buy back shares, there would have to be a filing with the SEC stating how many, and for how long and at what price. It is not arbitrary, and anyone can look up the rules for buying back shares with the SEC.
I think there is a 3rd party buying up shares and not selling them. That has the same effect - they are no longer available to the market. That boosts the share price because there are fewer shares to buy in the market, but not OFFICIALLY. Any shareholder that exceeds 10% of the total shares must declare that to the SEC in a filing. That hasn't happened either.
So, again, time will tell what is really happening here. A team of individual buyers could conceivably buy over a billion shares without having to report to the sec. SOMETHING is causing the share price to rise...NO ONE outside NSAV knows what it is at this point.
The float is posted at OTCM. It's over 4 BILLION.
Float: 4,572,373,568: 11/30/2020
You are approximately correct about some sellers. But I don't want to depress the price, so I only sell a mil at a time.
But consider this...If I have 150M, someone else may also have. What if they set their sells at a limit of $0.05 and let their whole stash go at that price? It would never get above $0.05 until all their shares cleared. They would cash out. They probably wouldn't even be members of ihub - just whale shareholders that wish to maximize their profit.
We are all here to make money. The company is not looking out for us, we are looking out for ourselves. So, do what is best for you.
As a huge shareholder, I will at least tell you this - I'll sell about a million for each penny rise, which is basically unnoticeable in the big scheme of things. I WANT it to continue to rise. I want each penny of rise to benefit how much I get for each one.
So, I'm not here to hurt the rise. I don't understand the rise at this point, but I have some ideas what's behind it. But I will continue to collect on the way up, and I can sell a million for each penny up to and past a dollar. That small sell won't hurt any of you.
According to OTCMarkets:
Float: 4,572,373,568
You aren't reading properly. I have only stated what happened in the past, and you can go read that for yourself. Last year the stock dipped below .0001 several times.
What is happening now is anyone's guess. It sounds promising, but so did 2017. Same CEO.
And for the last time, time will tell. I don't believe anything from any pink CEO until I see it happen. I just happen to have been through many such pr's from Tilton and even 8Ks, but none of them happened.
You need to go back and read all the 8K's from 2017, when he took over. Yes, he was into crypto, and into pot. It just never materialized. MJ coin was his crypto 'play'. I lost my $500 starter on that.
7 Leaf:
On September 24, 2017, the Company (NSAV) entered into a definitive joint venture agreement with Heuristics IT Engineering (Heuristics), a private company, to form Seven Leaf Technologies (Seven Leaf). Seven Leaf will provide turnkey technological solutions to the legal medical cannabis and hemp industries.
On February 2 , 2018, the Company and Heuristics amended the September 24, 2017 definitive acquisition agreement whereby NSAV shall own fifty-one percent (51%) of the Seven Leaf joint venture. Heuristics shall own thirty percent (30%) of the Seven Leaf joint venture. The shareholders of NSAV, at a record date to be determined, will own nineteen percent (19%) of the Seven Leaf joint venture, in the form of a partial spin-off/dividend.
On November 8, 2017, the Company signed a Consulting Agreement with Technology Solutions Provider, Inc. and their President and Principal, Mark Goldfogel. Pursuant to the agreement, Mr. Goldfogel will assist the Company in all aspects of the Company’s Legal Medical Cannabis and Hemp business.
Mr. Goldfogel co-founded MJ Freeway, the cannabis industry’s first “Seed to Sale” point of sale system and then went on to become CEO and co-founder of C4EverSystems, the industry’s first cash management system. The Company’s management believes that Mr. Goldfogel will be invaluable to its future growth
On August 3, 2017, the Board of Directors of NSAV Holding, Inc. declared a partial spin-off of its wholly owned subsidiary, Hemp Beer Inc., a Colorado corporation. Upon completion of the spin-off, Hemp Beer Inc. will file the appropriate documents to become a separate publicly traded company.
NSAV will spin-off 20%, which equates to 200 million shares of Hemp Beer Inc. common stock to its shareholders as a dividend, based upon their holdings of NSAV common stock on the record date. Shareholders will receive approximately one share of Hemp Beer Inc. common stock for every 17 shares of NSAV common stock that they hold on the record date, which is August 22, 2017. The dividend will be payable on or around September 5, 2017.
VSRI
On December 5, 2017, the Company’s subsidiary, Vital Strategic Research Institute (VSRI) signed an LRL Global Health Outcomes Research Agreement with Eli Lilly and Company (Lilly). Under the terms of the agreement, VSRI will provide Lilly with an assessment of Cardio Vascular Disease (CVD) among newly diagnosed diabetes patients at increased risk of CVD in China.
OTCMarkets has the rest of them. All during 2017, it was one business after another. Our 'share dividend' in which we got shares but they are still restricted.
I know what I'm talking about - I was a shareholder for every one of them. It looked like a rosy future.
What is happening today has the same flavor as those had. And not one of the previous ones happened. And, as I said before, nothing has happened HERE either. Except the share price has gone up for unknown reasons.
I am not bashing, you can go read every one of these for yourself, if you really want to know the things Tilton says he's going to do...so time will tell.
Tilton doesn't have any common shares...
I had closer to 200M originally, spread over 3 portfolios. I personally own 111M shares now, and my partner owns 49M. She's up $2M.
Catalysts? Worth 6000% increase? I don't think so. That is about what 'might' happen'. Filings are about what HAS happened. And there are no filings for 3 years - no 8k's, etc. They don't post financial information in the quarterlies/annuals, so we have no idea of the state of finances.
All those pr's do help, but there is nothing concrete to see yet.
Don't forget - I've been here for 4 years, and nothing that was promised ever happened. Seven 'sub' companies that did not pan out. Until we see 'something' actually happen here, I am extremely skeptical, and my trigger finger is on the sell button all day, every day. The safety is off.
I have over 150M shares and am up over 6000%. I bought most of them in 2017, when NSAV looked like it was going to have 7 companies in all. I figured one of them was all it would take to make some bank. NONE of them panned out, but now something else is taking off. Glad I sat on them like a hen on eggs...They were worth less than 0.0001 several times.
What I think is happening is that either the equity group or another entity is buying shares up. There is no sign of anything else to drive it up...but I'm pretty happy it is.
Totally disagree. The first thing to do when you buy a stock is decide when to get your investment back. You want to be riding free shares, so you don't stand a chance to lose.
There is no one shorting this stock. MM's do borrow shares but replace them. MM's don't care which direction the stock is going. If you put shares up for sale within their spread (their bid) they are obligated to take them off your hands. If you order shares and it is within their sell, they will sell them. It is really that simple.
You can't 'lock' shares by putting them up for sale. If they are up for sale, MM's can 'borrow' them and replace them. NO money changes hands. If you want to lock them, don't put them up for sale.
Nsav doesn't own CHIF. Tilton has been CEO of both for almost 4 years. It is a separate company with the same CEO.
OCTQB requirements
OTCQB
That is correct. They MAY file 8K's and NSAV has in the past. But for pink current, this is all that is required: (not 8K)
Current Reporting of Material Corporate Events for pink current companies.
Companies are expected to release quickly to the public any news or information regarding corporate events that may be material to the issuer and its securities. Persons with knowledge of such events would be considered to be in possession of material nonpublic information and may not buy or sell the issuer’s securities until or unless such information is made public. If not included in the issuer’s previous public disclosure documents or if any of the following events occur after the publication of such disclosure documents, the issuer shall publicly disclose such events by disseminating a news release within 4 business days following their occurrence and posting such news release through an Integrated Newswire or OTCIQ.
Material corporate events include:
• Entry into or termination of a material definitive agreement
• Completion of an acquisition or disposition of assets, including but not limited to merger transactions
• Creation of a direct financial obligation or an obligation under an off-balance sheet arrangement of an issuer
• Triggering events that accelerate or increase a direct financial obligation or an obligation under an off-balance sheet arrangement
• Costs associated with exit or disposal activities
• Material impairments
• Sales of equity securities
• Material modification to rights of security holders
• Changes in issuer's certifying accountant
• Non-reliance on previously issued financial statements or a related audit report or completed interim review
• Changes in control of issuer
• Departure of directors or principal officers; election of directors; appointment of principal officers
• Amendments to articles of incorporation or bylaws; change in fiscal year
• Amendments to the issuer's code of ethics, or waiver of a provision of the code of ethics
• Any changes to litigation the issuer may be involved in, or any new litigation surrounding the issuer
• Officer, director, or insider transactions in the issuer’s securities
• Disclosure regarding stock promotion campaigns deemed material by the issuer
• Other events the issuer considers to be of importance
8K's are for material events. All public companies must file those with the SEC. Annual and quarterly reports can be through the SEC. Totally different situation.
NSAV is in the pink sheets. Alternative reporting. They report through OTC, but material events must be filed with the SEC.
Brokers don't deal in paper certs.
Contact the TA. They disperse all shares. That certificate makes you one of the 'shareholders of record'. The TA should be able to receive your paper cert and issue either cash or shares in a brokerage of your choice.
The fools are the ones blaming MM's for the share price. they dont care WHAT the price does. They can only buy and sell within their posted spread.
Sorry, you are misinformed.
The dividend shares came directly from the NSAV treasury and are restricted.
When the restriction is removed, the numerical ticker number will be changed to NSAV. In Etrade, it even SAYS: 629994674 Net Savings Link when I click on it.
And, NSAV is the ONLY penny stock I've ever seen that gave out shares of stock as a dividend.
If you don't actually KNOW something, you should refrain from making incorrect statements, or say 'I think' at the end.
I was there before this was brought up back in 2017. You can STILL go read the 8K that talks about it. I owned 5M shares when the ex-dividend date occurred, and shortly after got the 500K share dividend. It still sits there, and I guarantee that those shares come out of the NSAV treasury. The OS grew by 10% the day it happened.
There isn't one price...as it increases, I sell a bit at a time. Next one is $0.075 for 1,000,000 shares. There will be another at a penny.
Only some people would sell the divs. I wouldn't until it hits a price point I'm waiting for.
They can't 'cancel' the dividend. Those shares are ours, not NSAV's.
A share price is a reflection of supply and demand. It is pretty much that simple. The NSAV price is increasing because the supply is shrinking. I think some entity has been buying up a whole lot of really cheap shares - by a lot, I mean hundreds of millions. As the price increases, some existing shareholders are willing to take profits and sell. That gives the (big) buyers more incentive to collect shares. That can only go on so long...it will correct when the whale(s) decide to take profits - or when NSAV finds a way to retire them.
Yes, I remember those days, and even when it dropped below that. At one point, just last December, before anything took off, my whole portfolio was only about $3K. Patience is about not selling low. I only take losses when I can offset profits elsewhere, tax-wise. I literally sat on these worthless shares for years.
I held shares in 4 of these trip companies. Each was a holding company, with multiple companies under it.
TGGI is up 850%, so I still have it and I sold off the other two losers.
My NSAV is up 7500%
At this point, I have stopped looking at bottom feeders, but I am eying ULTHF, a lithium company that is taking off.
I sell 1,000,000 each time it hits a milestone. My last milestone was $.05 a few days ago. That got me $50K. Next is $.075..then $0.1, etc. I'll let that happen until I'm down to about 50M.
I bought all my shares in 2017, when NSAV had a vision of 7 companies under NSAV. None of those panned out, but NSAV itself is finally doing something.