is...retired
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You totally misunderstood what I wrote. I said I had shares, but I never said I BOUGHT them at quad zero. Most of them were trips when I bought them and cents when I sold them.
I said they DROPPED to quad zero, which they did. And my NSAV portfolio reported a value of around $3k AT THAT TIME.
Not pulling anyone legs, but some might want to invest in some good reading glasses.
NSAV is a Stinky Pinky. The highest risk of all the stocks. It is anyone's guess what will happen next. I had 280M shares a couple years ago when it went to quad zeros, and the total value was only about $3k.
I sold over half on the spikes and have a lot of reserve cash for speculation. Not currently buying or selling - will wait to see what it does then decide.
Jesus, all you have to do is read it. The CEO is required to sign financial reports. JT hasn't been CEO for almost two years.
Apparently,you didn't look at the last annual report and both the quarterly reports from this year. I did, a long time ago. JT doesn't sign them anymore.
I don't see any way JT could force the company to buy his preferred shares. They don't have any money to start with. Those shares aren't going anywhere.
JT has 30M preferred shares and he can NOT sell them. Nor can he get any more.
The person running NSAV is the one that signs the quarterly reports.
JT has no common shares. And it is illegal for him to buy or sell shares until the fins are filed.
Besides, he is not running NSAV anymore.
JT has 3 other public companies to run. He doesn't do anything at NSAV any more.
He's also in deep doodoo from the previous CEO and lawyer, who are suing his ass off.
If it gets down to .0025, I might spring for another 5M. I'm using cash from selling NSAV during the spikes, so nothing lost there. Still have over $200K to play with.
I never said it was doomed. I just pointed out the truth. I have over 100M shares, most of which are trips. All good here.
I got 5M more at the .0029 level. Finished filling today. Don't plan to buy more at this time.
If they don't get the report out, NSAV will go to STOP. If that happens, it will stop trading. You can sell but not buy. MM's will dictate the price they will pay for the shares.
There is a big lawsuit going on with NSAV right now, but I don't know if it will show in the report yet.
Posting to the OTC is not instantaneous. First, the company or its designee must upload the report, and then OTCM must review it for accuracy for OTCM rules. It doesn't care about the content, but it must be a complete report and adhere to their rules. It can take over a week, considering that they have over 10,000 companies that file 4 X a year. That's over 40K filings per year. If they find problems, they will contact the company to fix the problem, then the report will have to be reuploaded, and the process repeats.
I suspect those that are delinquent go to the back of the 'line' so to speak.
Yeah, you can make cash on NSAV. I have a quarter mil in cash in waiting, and over 100M shares to ride. I've been filling 5M at .0029m but it hasn't finished yet. Got most of them, though.
Most of mine are still trips, so these are just to flip. Lots of money to be made in small changes.
This is not the first time this has happened. A couple years ago, they changed accountants, who then left and the 'old' accountant had to take over, they said. It was clear to me that the 'new' accountant wanted nothing to do with the unregistered, restricted shares that make up nearly 10% of all NSAV shares and he wasn't about to put his signature on the report.
This is all BS. Any public company knows it has to file fins 4 times a year, and at the close of the quarter, the financial information is to be sent to the accountant forthwith. The accountant then has a month and a half to complete the reports. These reports are not difficult - you only need to add the last 3 months activity to the last report and file them.
Saying the accountant left is a red herring. It is NSAV's RESPONSIBILITY to make sure they have an engaged attorney and that the filings will be on time. NSAV has not filed on time for YEARS. That is sloppy, and shows a real disregard for the 'loyal shareholders'.
Getting the fins filed to remove a YIELD sign is about the worst thing that could happen to shareholders, other than going to STOP, at which time you can no longer buy NSAV, so MM's dictate the remaining price.
For those that are not too risk averse, this is a buying opportunity...I might even get another 5M shares below .003...
Insiders in public companies cannot buy or sell shares except in the 30 days after filing the fins. Anyone trading stocks should know these basic rules. So, no, insiders are not selling. And no, they are not delaying the fins. They are simply incompetent.
No, that did not happen. TG Equity would have been an over 5% owner and would have to have filed with the SEC as such. They did not file, so they were not 5% owners. Besides, they got 500M or so of preferred shares then returned them. It was NOT TGE.
But you are right that it has been two years since the big buyout that spiked the price, and it is very unlikely that they were restricted. I think they have been trickling out since out last big spike. If you buy at trips, you can take a lot of cash out when it's 10X that or more.
Wish you folks would quit reposting old pumps here. Nothing that has been said in the last year and a half has materialized, and reposting it here does no good for anyone. Take it for what it is - a pump to keep the faith of the shareholders.
NSAV has not done one effing thing yet. When it DOES do something, then post away...
Not necessarily. If you sell at market, MM's have to buy them. Market sells ALWAYS meet the spread, and MM's must buy if it meets the spread. There may or may not be other buyers.
In the last month, I did pick up 35M more shares for us, at around that price. I did have a $500K loss one day, but I also had an over $1M day last year. Took a photo of it.
And, we have taken enough out to be well off if NSAV goes to zero. Two years ago that's where it was - quad zero. And that's when the unexplained buying started. We still do not know who/why that happened.
Not to mention that I lost $50K today, on the day they failed to file their fins on the extended due date. SMH.
Regardless of what is actually going on, NSAV's failure to file its fins on time is a disservice to us shareholders. It's not like the date is a surprise to anyone, I can predict the filing dates for the next 5 years right now. There are no surprises about when fins are due.
But failing to file on time is a negative against the company and the shareholders, period. What does that last 5 days buy? Nothing, for a company that is going nowhere to start with. It is a delaying tactic which makes no sense, because 'the truth will out' anyway, so the good/bad news is simply delayed, but the result of the news will be the same, maybe worse because they didn't do it on time.
They waste no time announcing new 'deals' but fail to file their fins on time. What does that tell you? They don't CARE about shareholders. We care about how the company is actually performing, they care about teasing us with new deals. They all have fat salaries (I never made a quarter mill in my life for one year, but these guys ALL make that much.) And, they are paid with preferred shares, which means they get paid before we do. How do YOU feel about being a shareholder for years, but these guys come in and will get paid before we are paid? And when those preferred shares are cashed out, the share price will tank, and we will have whatever is left, if anything.
My comments are because of my long association (5 years) with this company and their complete inability to EVER become successful with literally dozens of deals. For me, though, I got my money out long ago so don't mind sitting on the rest just to see if they can pull one of their deals off. I am very disappointed.
First of all, the extension is the same for all - 5 calendar days. They don't 'give' a certain amount of days, it is 5 days. And if the end of the extension lands on a non-trading day, it is further extended. In this case, the extension gives them until the 20th, which is on a weekend, so it is actually due on Monday, the 21st. If monday was a holiday, they would have until Tuesday. This isn't new, it's been this way for at least 15 years, since I've been an active OTC trader.
The fact that NSAV posted the 18th on their filing is because they are SUPPOSED to predict a day that they will be filed. That is meaninless. They can't be held to it.
But most importantly, to me is this:
If they were proud of the quarter, if there was any good news, they would WANT it out there without delay. The delay is a defacto indicator that the fins will not be much different than all the quarters that went before. All we are waiting for at this point is to see how much more they are in debt. They've been running a million in deficits per quarter. At some point, that will have to be fixed to become a viable company. The future here is very muddy, to me. There is no way to know if ANY of their endeavors will eventually pay off.
Obviously, they did not file them today, the 18th, at least not yet.
When the due date falls on a weekend or holiday, the first working day after is the due date. They could file over the weekend, but I wouldn't expect it until Monday. Repeated late filings is a ding in DD...yet they have never filed on time in my knowledge since 2016...
No, they filed an extension, as is customary for this company. They were due the 15th, and now are due the 20th...
A notification on Form 12b-25 discloses that filing the 10-Q on the required date would have caused unreasonable effort or expense, and the registrant undertakes that the Form 10-Q, or the delinquent portions thereof, will be filed no later than the fifth calendar day following the original due date.
Hmmm...so you are a doctor?
Fins are due tomorrow...we will see if they have made any money yet. Or if they've diluted more.
I'm all done buying now. Just waiting for a nice spike. Total shares across all portfolios: 165M. Total I will have it if hits a dime again: 0.
That is meaningless. It's like putting your car in park...it is not going anywhere. Some mm's will park their ask high to keep from accumulating any more. And if anyone is dumb enough to buy/sell at market, that spread 'fits' and they can fill the order at that high price.
My .0045's filled this morning. Now at .005...
Waiting for that next spike...
I got close to 30M of them...Had a limit buy at .0045...Not completely filled yet.
I got burned with JT's MJCoin (crypto) and so didn't put a penny into NSAV's current crypto drive, even though I did get the wallet and free coins. I only want my share value to increase, not spend money on failing projects.
By not paying close attention, I just lost $45K. I was down $90K and thought about buying 5M more this morning, but figured I'd have some time to do it. It recovered too fast, (to 45K down) but I do have that buy in at .0045 now, for 5M. We will see if the dipsy doodle happens again...
How this came about is a rather interesting story. I had purchased a few shares of NSAV when JT announced a 'dividend', where shareholders would get one share of NSAV for every 10 they owned on ex-dividend day, back in about June 2017.
So, I snapped up 5,000,000 shares and eventually received 500K shares in that 'dividend'. (They are still restricted, and unregistered, so you can't trade them until you pay NSAV's attorney to 'register them and unrestrict them'. About $500 to 'free them'. That's another ongoing story - I still have them and know that if they try to get an SEC accountant, they will have to free all those shares anyway.)
Anyway, the next phase was Hemp Beer. (NSAV, in those days, was all about marijuana.) JT announced another dividend, which was for Hemp Beer, another new company owned by NSAV. You were to receive 1 share of Hemp Beer for every 17 shares of NSAV owned on ex-dividend day. Liking what I saw with the first dividend, I bought up to about 200M shares, confident that I'd have a big share of Hemp Beer. That would have gotten me over 10M shares of Hemp Beer. That never happened, but I still had those shares, and still have at least half of them. In 2018, the SP dropped to quad zero. All my shares were worth about $3K. I was in debt in multiple ways and couldn't meet the payments I needed, so it hurt my credit rating. Still, I was unwilling to unload the NSAV shares at such a huge loss, so I hung onto them.
In Feb, 2021, NSAV jumped up to $.04 from a flat line. I sold the hell out of NSAV then and later in August when it hit $.14. Half of my originals were sold, all my debts paid off, and I had a sizeable cash position. I put half of that into dividend stocks that brought me about $10K per month. The other half I hung onto, and still have most of them. I use some of the excess cash from NSAV to 'flip' between half a cent and 2 cents, just to keep busy, but it makes real money.
Right now, I have 100,200,000 remaining. 10M of that is for flipping.
The point here is that I didn't do anything smart. I got hoodwinked by JT into buying WAY more shares than I should have, based on his 'dividends'. He was selling shares, I 'believed' him. That was a mistake, but as we all know, there was an unbelievable recovery of NSAV that even JT could not have imagined.
I am now completely out of debt, with over $1M in my portfolio. I do know how to make money with what is left, but it was not smart moves on my part, it was stepping in a pile of shit and coming out smelling like a rose.
Along the way, I managed two ladies' portfolios. One sold out in August, 2021 and made multiple million dollars. She changed zip code. The other still has her shares, worth just under $1M, and lives with me.
So, that's the story. I just got lucky.
I'm actually averaging up, but that'll go away when I flip them. Most of my shares are still trips. NSAV is a money making machine...
Received a few more shares today. I get them when the MM's ASK is .0055.
Price type: Limit at $0.0055
Execution price: $0.0055
Order quantity: 3883752
Quantity executed: 1458242
Quantity Remaining: 2425510
So, when you see the price bouncing around at .0055, you will understand that my order is holding it near that price. It won't go below until my order is filled.
And, if it goes much below that, I'll probably issue another order for 5M.
No, JT has not been tweeting for the last year and a half either. He posted then that it was his last tweet when he stepped down. Also, look back at 2017 in this board and you will see exactly how he worded things. He started with 'loyal shareholders' in every tweet. He also said he hired a board of director, instead of hiring a director. He said that many times. No tweets of the last year and a half resembled anything he used to tweet.
But you don't have to take my word for it - all those tweets got copied into this message archive, and all you have to do is read them. Start late in 2017 and just scroll through them. I have read them ALL since JT became CEO, which was in 2016. Twice, once when first posted, and then again last year.
Look up his other three companies, read their twitter, and you will see what I mean.
Actually, it is no longer JT's company, nor has it been for the last year and a half. He DOES own 3 other public companies, however, and he has been removed as CEO from NSAV. He is still listed as Pres, but he also owns 30M Preferred shares, so he has an interest. But he does NOT run this company any more at all. He said he knows nothing about crypto and that he was stepping out of the operations of NSAV. At this point, he is an onlooker, like us.
Come to me my little chickadee....
October 5, I got a partial fill on 5M shares at my limit of .0055 GF60. Patiently waiting, it looks like I might get the rest today. It probably won't go much below that, since I'll be getting over 3M more. As soon as they show up, I'll place a sell at .011, gf60. Then more waiting. When those sell, I will clear $27500 on just those shares.
This is all done using cash I got long ago selling above $.05. As long as this stock keeps dicking around, I'll keep taking a little profit here and there.
If it gets back to a nickel, I'll probably exit. Carefully.
They are a PR company that also sponsors penny stock trade shows. They can sponsor shareholder conference calls in video, for example.
SRAX
Whatever they do, it will cost money, which is one thing NSAV doesn't have.
In my estimation, they don't need to keep spending money on projects for which they have no money, because that runs up the debt. We have a million a year just in salaries that has to be cleared before 'hiring' firms to handle 'investor relations'. Not much you can say about a sinking share price and growing debt for over a year.
Oh, you were talking about AWC wallet traders. I thought you were referring to NSAV.