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... and will report only the financials for Gaensel Energy Group, Inc., the parent, and for its
Metro VR Studio and Protonstar investment.
Strange that they sold everything except the 2 above which did not produce any revenue nor news the last years!!!
Wondering what they might tell us in a couple of days!!!
Isn't it amazing how little progress is reported out of the Company for the exchange, airdropx and the rest, if there is any at all???
Read their last 2 PRs.... we are supposed to get tons of issues to talk about but all we got is that fully unsupported revenue figure which will very likely fall apart soon!!! Tilton can't avoid that issue much longer but the market already smells the outcome!!!
Just use common sense.... if Tilton would have 24 millions from Q4 + even more from last quarter at his disposal, you really believe he would have raised the os by 700 millions, which is more than 10%???
Yes it's possible but how likely is it???
Folks are apparently blinded by calculated huge yearly income numbers and ignore reality!!!
It's very unlikely the wall will fall until Tilton shows proof that the shown revenue is for real or an attorney is testifying this!!!
Just look how it trades the last couple of days! The wall is hardly touched! THE MARKET DOESN'T BELIEVE!!!
Well closing the eyes on the risk an OTC stock carries, having Tilton involved and being a dreamer is a dangerous mixture!!!
No doom and gloom, just being careful!!!
Yep, that is the big question right now and it seems the whole market is waiting on an answer as well!!!
But thinking about that os increase of 700 mills and the missing attorney letter doesn't give me much confidence?
Without the attorney letter we can expect the yield sign every day now!!!
How might the chart look like if we find out, that the 24 millions are no REAL revenue but just another wothless bs hoax from Tilton, same as the 80 millions valuation for the remaining assets ???
Let's not forget the issues they wanted to achieve in March!!!
They failed on each and every item!!!
New advancements, trading pairs, and new token launches are coming to NSAVx this month.
Aggressive marketing campaigns to raise awareness and attract users will begin this month.
Affiliate programs to incentivize current users to bring in new customers along with bonus and rewards for social media and marketing activity is being rolled out this month.
making a more Intuitive and user-friendly interface is an ongoing and evolving process that will continue this month.
The license acquisitions and new jurisdictions including Singapore and Lithuania are expected to complete by the end of Q1.
Incentive programs are being developed for high-volume traders and market makers to begin this month.
9 days since they filed the annual report and still they can't provide the attorney letter!!!
In my opinion, in order to get it done, they have to change the AR and include this
Interim and annual periods
A reporting entity is required to disclose significant holdings of crypto assets and restrictions on the sale of crypto assets at both interim and annual reporting periods.
For holdings in crypto assets that are determined to be “significant” (based on fair value), a reporting entity is required to disclose the following:
Name of the crypto asset,
Cost basis,
Fair value, and
Number of units held.
Or the attorney has to include it in his letter!!!
I seriously doubt they can get it done until they follow this regulation!!!
Fact is, and nobody can argue this away, that despite the apparent 24 millions in *crypto revenue * they raised the os by 600 millions the last months!! !
Haven't they said that they will buy back shares with revenue from the exchange???? Strange, isn't it???
By the way where's the attorney letter???
20 mills on the he ask at 0031.... the market wants answers!!!
It would be easy to explain the zero cash issue with a tweet... if you don't have anything to hide of course!!!
I still haven't seen any reasonable explanation why, after apparently good volume on the exchange, there is ZERO cash on hand and why and from where they claim to have 24 millions of crypto!!!
Until they have clarified this major issue i doubt the resistance at 0032 can be broken!!!
Waiting for that explanation!!!
https://viewpoint.pwc.com/dt/us/en/pwc/in_depths/2023/id202311/id202311/id202311.html#:~:text=Under%20current%20GAAP%2C%20crypto%20assets,General%20Intangibles%20Other%20Than%20Goodwill
Interim and annual periods
A reporting entity is required to disclose significant holdings of crypto assets and restrictions on the sale of crypto assets at both interim and annual reporting periods.
For holdings in crypto assets that are determined to be “significant” (based on fair value), a reporting entity is required to disclose the following:
Name of the crypto asset,
Cost basis,
Fair value, and
Number of units held.
It does, yes!!!
In Q2 last year they claimed to have 18 millions in net assets. I wonder what's left when they start reporting again!!!
I think it's mainly the revenue issue.... they have to proove that it's for real!
Remember we are dealing with Tilton here so everything is possible, good or bad!!!
In my opinion the company should publish some more information about that 34 million revenue = Cryptocurrency Holdings!!!
Are the 24 millions valued at market price, what holdings are they and how did they get them!
To me it seems those holdings are not related to the exchange volume at all, but hey I'm not a specialist so i hope someone can enlighten me!!!
To stay current they have to provide the attorney letter!!!
If it's filed I will send him an email asking for the zero cash on hand issue in relation to the filed revenue!!!
From AR
As of November 14, 2023, the Issuer was unable to obtain any updates other then there
were no quarterly financials available due to the closure of Mr. Siclari offices and the entities were engaging replacement
accountants; additionally we were advised on November 20, 2023, there was no possibility of any financial information until
the annual reports were completed after 31 December 2023 due to the change in the accountants. Therefore, based on advise
of counsel, the Issuer will be reporting the information available and not reporting any income, change in cash flow for the
period ending 30 September 2023 and will report only the financials for Gaensel Energy Group, Inc., the parent, and for its
Metro VR Studio and Protonstar investment.
On December 30, 2023, the Board of Directors convened and terminated all Stock Purchase Agreements with
SSCB Swiss Stem Cell Biotech, Switzerland
RE-YOU SUISSE, Switzerland
Oversky SL,Tenerife, Spain
Suite 110 , Milan, Italy.
Esarc-Hi-Tech, Milan, Italy
Automecc SRL, Milan, Italy
Consorzio Green Solution & GNL, Milan, Italy
LB Energia, Milan, Italy
Le Roy srl, Milan, Italy
International SRL, Milan, Italy
As of the current date of this filing, the Management is currently in negotiations for a change in control where it will acquire
100% of the Preferred Shares held by Global Development Advisors Limited and enter into agreement(s) for new business
development for the Company. The Management will be retaining an International Accounting Firm to provide Audited
Financial Statements on or before 30 April 2024 in lieu of an Account in Respect to Current Information. The Issuer will make
appropriate Change of Control Supplemental Filings and required forms by OTC Markets immediately upon the completion of
the Change of Control.
Of course they could but I doubt that they would get the attorney letter in that case!!!
What bothers me a bit however is that they show ZERO cash on hand in the balance sheet!
Airdropx is life now!!!
https://www.airdropx.co
24 millions + in the filings is a complete new ball game instead of having nothing to show than lies, broken commitments and dropped issues!!!
An attorny has to testify about those 24 millions and it remains to be seen if anybody is risking jail time if the numbers are made up!!!
However I still dwell over the fact how they made those millions in 2 weeks but in 4 weeks latest we will get Q1 which will proof what's going on!!!
Until than i give them the benefit of doubt!!!
Correct me if I'm wrong, but it's in there as an expense so it won't show up in the next filing anymore and instead they will show a nice net profit.... all fingers crossed!!!
But you're right, it will be interesting how the market reacts next week and if trading will hopefully consume some of the 140 millions ask barrier!
Site is online!
On q fast glance i haven't found anything new.... even good old Ilda is still there!!!
Not much excitement here about the 24 millions in claimed exchange revenue and Monday will show if the market has any believe in the figure!!!
One thing is for sure, they have now officially stated that number and IF it is wrong it's definitely jail time for some involved!!!
In 4 weeks we will get Q1 and will have a better understanding what is going on!!!
Now would anybody dare to take a bet that he is right??? Lol
Didn't he state similar projections a couple of times for the licenses???
It's always right around the corner but NEVER ACTUALLY HAPPENS!!!
COME ON PROOF ME WRONG!!! LOL
The same very likely will happen to airdropx. Com.... That's a great candidat to the extensively long announce and drop list!!!
Since 1 April they are hyping the file on time issue and surprise surprise here we are, on 12 April just 2 trading days away from the extension deadline, still without the filing!!!
The waiting for the licenses is ongoing since weeks and apparently they have dropped this issue completely!!! No more mentioning at all anywhere!!!
Without seeing it day after day i wouldn't believe if someone would tell me the story, but hey, this is NSAV, you never have seen the worst and there is always a new disaster story coming up!!! LOL
Not getting updated on the licenses, which were announced to be as good as done weeks ago, isn't a good sign at all!!!
It's bw all over again!!!
Is the exchange worth anything without licenses???
3 more trading days for GEGR to leave the dark side and come back to the light!!!
Will they AGAIN apologize that the fins were not out yesterday, it's crypto you know, but are out for sure today and than miss that as well
WHAT A FREAK SHOW WE HAVE HERE!!!
That's probably a fake!
Because they don't tell us the reason why the exchange is down we have to speculate:
Tilton is playing some dirty games once again for whatever reason
Payment issues towards AWC
They messed up the upgrade badly
Legal problems
Anything else???
At least something but no word about the exchange down more than a week!!!
Will the clown at least has the decency to tell us what is going on but very likely, based on history, the bastard won't!!!
If they are serious getting current again we should see the website online again the next days, followed by Q3 and the AR probably next weekend!!!
But don't hold your breath, the crooks might as well delay everything further!!!
You're kidding, right???
The exchange is now down more than a week!!! What a disaster!!!
Who the hell would put a single buck in that crappy place if it can't be asured that you never loose control of your money and not depend on some freaks to keep at least the exchange working!!!
This is a REAL DISGRACE!!!
I wouldn't be surprised at all if this incident will be checked by tbe relevant authorities!!!
No trade since 90 minutes... Where did all the excitement go???