is...retired
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.
This trip holder is letting it run. Up $650K today already...
I do have 160M shares, all bought in trips. Currently up about $8M.
That's one reason I say my dividend shares aren't worth the trouble.
The whole dividend thing is not difficult to understand. They are restricted until Tilton frees them up. No broker or outside TA can do anything about that.
If you want to free them up, get in touch with Tilton himself and tell him that none of his 'dividend' shares are tradeable until he removes the restriction. I am not going to do that. My 500K share aren't worth the aggravation of dealing with him.
It's not going to happen until someone gets Tilton to TELL the TA to remove the restriction. They are apparently permanently restricted and will remain so until Tilton releases them.
Companies cannot buy back their shares without an 8K showing how many, and during what time. It is illegal. Directors and above are insiders, and they can only trade during the 30 days after filing fins...which NSAV doesn't do. So no insider trading. NSAV would have to ISSUE new shares to provide incentive options for officers. And THAT would have to be reported also.
I should mention that to remain pink CURRENT, the quarterly and annual reports must be made. Otherwise, down it goes to STOP.
From the SEC's own site:
OTC Pink - an open marketplace for a broad spectrum of equity securities, with no financial standards or reporting requirements.
That is why every trade is now recorded and saved forever. It would be impossible to naked short without leaving a trace. No MM is going to try to shave off a few cents and take a chance of losing millions from SEC fines. Just not going to happen.
That's not how it works. Again, MM's don't care which way the stock is trending, and they are required to stay within their spread. If you sell 1 million shares, they might come from 10 different sources.
I Once purchased 1,000,000 shares of a company and got them in 2 traches - 999,999 and ONE share. They do that because to stay in their spread, they can only buy so many at a time. They fill the order with the largest amount of shares for the best price they can get them, then what is left over comes from less profitable sources. That's why you see such odd order sizes on L2. It is meaningless - you are only seeing tranches, not shareholder bids/sells.
Different MM's have different spreads...
You do realize that MM's don't own ANY stock, right? They are brokers, not traders. They don't acquire stock until there is a BUYER. Their spread is posted, and ALL of their trades must stay within their bid/ask.
Every trade is recorded permanently. There is an audit trail.
ALL stock price changes can be traced to regular shareholders. MM's are NOT shareholders. Look at the whales if you want someone to blame.
A shareholder could put up 50M shares for sale at a given limit, and the share price would not move past it until all were sold. And then, only using MM's which included that sell price within their spread.
More importantly, MM's make their money by taking their profit out of each sale. They don't buy and sell stock - they facilitate US buying and selling, and they get their cut out of every single share traded, regardless of which direction the share price is going. So, they don't try to influence the share price at all. All they care about is that people are buying and selling - that's their business.
Broker can't do anything about it. It is up to NSAV to tell the TA to remove the restriction.
Clay's videos are all computerized, and only a stock's rise and fall are picked up. He doesn't personally do anything. Nor does he every answer any questions - it is an automated system. He sells memberships, and attempts to get you to 'pay him' for this service. He does not personally purchase stock in any of the companies.
If you write to him, you are writing to a computer not a person.
In short, just another scammer trying to get people to give him money. If he was so 'good' at stocks, he wouldn't be begging you to play into his game - he'd be rich and not groveling to get penny stock players to pay him.
As I said, try it. You can't do it. So all the people who believe in the 'shortie' boogieman might as well believe in Santa. Again, TRY IT. PROVE IT. You CAN'T.
I bought the shares BEFORE the CEO announced all these 'adventures'. The first one, right after he became CEO was the one where you would get one share of NSAV for every 10 you owned. That was in April, 2017. I bought in for 5 million shares, and recieved the 500K shares as a dividend. But the bad news is that the restriction was never lifted on those shares, so although I 'own' an additional 500K shares of NSAV, I can't do anything with them.
That's just ONE of the many things Tilton said would happen - but again, I bought most of the shares before the other announcements, which came in 2017, 2018, 2019...while I was just sitting on shares hoping ONE of them would happen.
As I have said for many years, if you insist that these can be shorted, then TRY IT. Try it for only 100 shares. News flash. You can't. Call your broker and ask them. They will tell you no.
So, instead of insisting that something is happening, prove it by doing it yourself. Otherwise, you are just puffing hot air - you CAN'T short penny stocks if you are in a brokerage, because the BROKERAGE won't permit it.
I'm not negative on the stock. I just am not sure why it's rising. There is no valid reason that I can see. Taking some cash out means I can't lose it all.
I posted the crap that tilton has done for the last several years that never panned out. None of them. That doesn't make me negative, it makes me truthful. Tilton has made MANY proposals like the current one, he even started a crypto play - MJCoin, that I invested in and lost it all.
But, all those things tilton pumped sounded like SOMETHING could pop, so I got in at the bottom and sat on it for literally years. It went below .0001 within the last year...
I never bought or sold a share for years, except for a new person whose portfolio I took over, I got her NSAV shares at $.0002...75 million of them. That only cost her $15K. She's one happy lady now, with over $2M in her portfolio.
Let's see... 1000000 X $0.05 = gee, $50K.
I bought my shares, all of them, in 2017...
I have over 200 million shares all in trips. I got my investment back, paid off loans, credit cards and got my car painted. I'm taking profit on the way UP. That makes PLENTY sense to me.
The three portfolios I run are now worth over $6M...I wouldn't spend much time worrying about me 'hanging around'. I'll have at least 100M for the foreseeable future, but not waiting for the 'other shoe to drop', if the bottom falls out. It happens.
I was in another stock and was up $1.3M. I waited. It was at $.093, and I was waiting for $0.10. It never made it - crashed back to trips, followed by two RS's 6 months apart. I still have a picture of that portfolio - and a well-learned lesson.
I have a million in each of three portfolios that will sell tomorrow if it hits a nickel... $50K each. Or any time in the next 60 days.
You don't have to worry about short interest for penny stocks. You can't short them and neither can the rest of us. The ONLY shorts are MM's, and that is normal for them. They always attempt to close out by end of trading day. Anything not closed out during the day is called 'short interest'.
So, it is a meaningless number.
I've been around NSAV since 2017. Not one thing that has ever been mentioned happened.
Remember 7 leaf? Probably not. It was a pot company that we were supposed to get a percentage of as a dividend.
Remember the share buyback in 2018? Nope.
Remember his wife's liver purifier? Nope.
Remember hemp beer...ever taste it? nope.
Remember MJCoin? I put money into that and it virtually disappeared. Thank god it was only $500, the minimum. Did ANYONE make a penny on that?
Remember VRSI? No.
And of course, the big 10% 'dividend' that he gave all shareholders in 2017? You might officially 'own' them, but you can't sell them.
Current situation? Do you or anyone else know exactly why this stock took off? There is no filing that explains it.
So, Tilton has a habit of talking about 'ventures' but most (none) of them have ever paid off for us.
From the LAST annual report, which, by the way does NOT include any assets, income or debt (no financials at all)
C. Describe the issuers’ principal products or services, and their markets
Information Technology and Software Solutions for the Legal Medical Cannabis and Hemp Industries and other areas
of the Medical Industry.
The Company has developed its own brand of Hemp Beer.
The Company has created its own crypto-currency, MJCoin, for the legal medical cannabis industry.
The Company, thru its Shanghai based subsidiary, Shanghai Hua Si Tai Medical Consultation Company Limited,
provides clinical research to industry leaders such as Eli Lilly and the Medtronic Foundation.
The primary markets for our products and services are the U.S.A., Europe and P.R. China.
So, I'm not sure I can explain the current price rise, but I'm happy with it. But all these announcement? And the fact that no fins have been posted for years? If you take Tilton at his word, you would be a sucker.
There is a huge dichotomy between what Tilton SAYS and what NSAV does. So, no, I don't believe anything Tilton says. I believe financial statements, and actual business HISTORY, not the continuous stream of new verntures that basically don't pan out.
I appreciate the message. But company performance is about what HAS been done, not what MIGHT be done. It sounds good. It is not something for me to invest in until there is something of value to show.
There are over 10,000 OTC companies all trying to 'sound' like the next sliced bread. Only one or two of them will make it. My, and your job, is to distinguish then from the rest.
First of all, charts tell nothing. Nothing. Just spread them out from one day to 5 years to see what the 'chart' says. It only tells you where it has been, not where it is going.
next, read the filings. If there is page after page of convertible notes, ask yourself if they are profitable enough to pay those notes off.
Nothing I've seen here, so far, shows me enough income to support the loans. What that means to me is that they are living on loans, not on profit. If you think I'm not seeing their profit, SHOW ME where they are paying those loans off. I don't see a profitable company, I see a typical OTC company that lives off convertible loans and eventually performs an RS when the OS reaches or early reaches the AS.
Assets of 3M, debts of 33M...not something I will put my money into.
I was just checking to see if I was missing anything...apparently not.
Ok, I'm new to this board, and don't yet own any shares. What, exactly, is the value here? I've read a lot, and all I see is endless convertible notes, and no real progress on getting out of that mode.
Exactly what am I missing here? this looks like a standard dilution machine - borrow, don't pay, convert, repeat. I haven't checked the RS record yet, but that's what most of these companies do. I won't put a penny into it until I see something of value.
What value is there here? Why would you put money into a company like this that lives on borrowed money? ONLY.
This has been the address of record for NSAV for many years. Since JT took over the company. There is more, but that is all you have to know.
Good for you! I hope others get student loans paid off with this good fortune. New careers for those that want one. Out of debt for others. This is a HELL of an opportunity for those that recognize that they should take out what they need, and not wait for the 'top' that may never materialize.
Expect the unexpected. Take advantage while you can.
Of COURSE we won't get the 8K before the deal is done. That is not how it works. But JT is pumping the hell out of it, the stock price is rising and most of what he's said is more fluff than fact.
THAT is why I say he is on the edge. Was anyone actually happy when they announced the crypto broker that is not yet in business? That is not how he phrased it in twitter. You gotta realize that every word out of a CEO's mouth is meant to stoke shareholders, and build share price. Not much of what they say boils down the the actual facts, when you learn them.
When people learned what the news was, NSAV dropped seriously. Still hasn't recovered all the way. But, it was good enough for me to activate a sell at $.04...
Next one is at $.05...I call it racheting up...
Clay isn't actually a person posting. Clay SELLS his advice, and he has computer algorithms that span many boards at the same time, with exactly the same words, except for the name of the ticker. Easy enough to verify - I did years ago. Just go read the posts to see the repetition. He never 'personally' responds to any comment made in response to his posts. He was put on ignore long ago, so I don't see his phishing posts to get new subscribers.
CLAY IS ANOTHER SCAM all by itself.
Partially true. To use social media, ALL shareholders must be able to know which social media is being used for news releases, no shareholder can be banned, and it does NOT replace the need for an 8K for significant events. JT is treading very close to the edge here.
We already know everything he says is an exaggeration, and when the news is unveiled, it is much less 'interesting' than it sounded on Twitter.
JT blocked me on the previous twitter platform, because he did not like me stating the truth. THAT is illegal if you use social media to announce news. You can't block your shareholders on your primary news outlet.
Not a problem though - twitter handles are easy to come by, so I just use a different one for NSAV - and JT is ignorant of it.
My take on Virtua Broker is simply that it is a smart platform, similar to etrade, but trades in crypto instead of stocks. Time will tell, but that's what a 'broker' does - facilitate purchases and sales.
Right...
This morning started out with me up $1.5M.
Then it dropped off most of the day, but it didn't drop below the open.
Finished at up $1.1M for the day. That's the 3rd day this week over $1M for the day.
This has been the best week in my life. At 77 this month, it is a welcome change. I'm nothing if not determined to succeed.
I might even upgrade my 2006 Dodge Magnum SRT8 for something newer...but I love my magnum - it will remain mine.
I just hope I have at least 10 more years left to enjoy this.
For you, it might work. for me, I'd have to pay taxes on millions just to convert. I'll pay taxes as it comes out. Nothing that happens in my IRA is taxable until I take a distribution, and that's only at standard income rate.
The advice, as in any stock, is to watch it like a hawk. If it's rising, let it. If it's falling, make a decision.
TG private equity is a 50% partner, based on the 30M preferred shares each owns. But it is a partner, not an owned entity - so it is eligible to buy NSAV shares on its own. That's why I keep thinking they are behind the price increase - buying up cheap shares to effectively reduce the float. That causes price to rise - and they benefit just as we do.
The problem, if there is one, is what happens next. Do they retire shares to reduce the OS? Do they cash out? That would tank the SP, but if most of their shares are in trips, they wouldn't care.
I think there is a deal in the works that would prevent them from dumping and tanking the SP. Why else would NSAV 'give' them 30M preferred shares?
There is a lot left unsaid about this 'arrangement'.
The key difference between Roth and traditional IRAs lies in the timing of their tax advantages: With traditional IRAs, you deduct contributions now and pay taxes on withdrawals later; with Roth IRAs, you pay taxes on contributions now and get tax-free withdrawals later.
You are STILL funding the Roth with after tax money. But you are right - the withdrawals are tax free.
My IRA was a 401K rollover, so it was funded with before tax money. I pay when I take distributions, as if it were regular wages. But I can make millions in that IRA with no tax implications until I withdraw.
To convert it would mean I would have to pay the taxes up front...BAD idea for me.
I've played around in the otc for years. I've seen what doesn't work. With NSAV, I chose to dump a bunch of money from selling another ticker into NSAV.
But first, I did a ton of DD on NSAV. At that time, they were offering that dividend, talking about a share buyback, and multiple other company investments to produce profit. So, it was the business plan that swayed me to buy almost 250M shares in 2017. Most of those shares were in trips.
NSAV bounced off the bottom for, it seems like, years. But I held every share, and loaded up two lady friends with over 50M each.
I understand that having a LOT of shares means it doesn't have to move much to make bank.
But I didn't expect this turn of events - I began selling on the way up, first getting my shares free and clear, and then selling on the way up to pay credit cards, loans and get my car painted. ($3000).
But it kept rising. Now both my lady friends are over $2M and I'm at $4.5M. NEVER expected that, but we continue to sell off a million here and there to secure profits. At this point, the next sells are at $.05, which will mean $50K/million. Those go into cash reserves. If NSAV tanks for some reason, we will have generated enough cash to not worry about it. I don't really think that is in the cards, but I've been over a million before and lost it all because of poor performance of the company. Lesson learned.
So, my lesson is this:
Find a trip that looks like it has a good business plan. You need to know something about business, which I have - I helped bring a company public through a standard IPO. I was a director and was held to SEC requirements, so I know what you can do and not do as a public company insider.
When you find the suitable company, buy in, but watch how it goes. Buy more if it looks good, hold off if it doesn't. I never bought another share after 2017, except for one of my lady friends that turned her assets over to me to manage. She got 75M shares of NSAV at .0002. Now she has 50M shares at .0388...now worth $1.9M. Plus the cash from selling on the way up.
I studied for months before choosing NSAV. It looked to me like it had the best 'chance' of pulling off at least some of what it planned. Then, I had to sit on those shares for years when they didn't go anywhere. That's perseverance. (It was at .0001, so nothing to lose if kept.)
I am on the lookout for another trip player with a good business plan. But at this point, I may just retire from trading and enjoy the results. We are thinking about changing zip codes...
NSAV does not say to contact the brokerage. Or, if they actually said that, they are missing the point. the Transfer Agent is who handles ALL of the shares of NSAV, restricted or not. The TA has the count of how many shares there are of each type, and when they change hands. That's what a TA does. When NSAV TELLS the ta to remove the restriction, they will. They CAN'T until they are ordered to do so. And, when they are freed, the ticker on those shares will change back to NSAV. The brokerage can't do anything - they will be told the restriction is lifted, and then the brokerage will simply rename them as usual.
This has nothing to do with a brokerage, and most won't even understand what happened here. It is uncommon for a penny stock to give out share dividends, some brokers may never have seen such an action.
Next, it is the CEO that initiated the dividend. CEO tells TA to give every shareholder 1 extra share for every ten owned on the ex-dividend date, which was in 2017. The shares are to be restricted for one year SAID THE CEO. The TA initiated the dividend by passing out the shares, but restricted so they could not be traded. That was supposed to last one year, we are on our 4th year.
My brokerage is also etrade, and I am here to tell you that you cannot get restricted shares via the brokerage. NSAV has control of ALL of these shares, and until NSAV gives the go-ahead, we have worthless shares.
You are all wasting your time talking to brokerages - they CAN'T do anything with those shares EXCEPT delete them from your account.
First of all, they are OUR shares, and Tilton has no reason to be withholding them from us. If released, some might sell, but others, like me, would simply hold them.
Tilton has NOTHING to lose by not releasing them, except credibility. His credibility is obviously in the tank...he lied to us to get us to buy shares in his company and now he won't hold up his end of the deal.