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Re: None

Friday, 09/18/2020 11:17:06 AM

Friday, September 18, 2020 11:17:06 AM

Post# of 216170
DILUTION? If "Sneaky J" Tilton has ACTUALLY lowered the A/S a couple times since 2017 why has it stayed the same according to the numbers on the OTC Markets site? And if he hasn't been DILUTING (I've read he didn't own any common stock for NSAV) then why has the O/S INCREASED by 2,499,013,253 shares since 2017?

https://www.otcmarkets.com/stock/NSAV/news/NSAV-ANNOUNCES-350-MILLION-SHARE-REDUCTION?id=272677

Net Savings Link, Inc. (OTC: NSAV) announced today that the Company has completed a 350 million reduction of its authorized shares. This is the second major reduction of NSAVs authorized shares under current management. Previously the Company enacted a 4 billion or 40% reduction of its authorized shares.


But did he ACTUALLY reduce the A/S? EVER? Is there any PROOF he did? I'm asking because it appears to me that the A/S has NEVER reduced at all. (Frankly, I do NOT know where I originally got the numbers for 2017 from but I didn't make them up!).

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=158083794

Total shares authorized: 6,000,000,000 as of: 08/31/2017
Total shares outstanding:3,144,623,640 as of: 08/31/2017


And here are the CURRENT numbers from the OTC Markets site:

https://www.otcmarkets.com/stock/NSAV/profile

Authorized Shares 6,000,000,000 09/16/2020
Outstanding Shares 5,643,636,893 09/16/2020


So it certainly appears to me that the A/S has stayed the same at 6 BILLION while the O/S has INCREASED by 2,499,013,253 shares in the last 3 years!! (That's $249,901.33 @.0001 each).

Anyhow, of late, the volume here over the last 17 trading days (excluding today) has been 1,173,636,309 (@.0001 that would be $117,363.63 worth of shares traded). Add that to this:
.
https://investorshub.advfn.com/Dilution-Watching-&-Huge-A-S-Warning-25935/

Huge Trading Volume without huge % gain = Classic paid promotion dilution.
Don't be Fooled by "Volume Before Price"
If the Volume from Dilution, The price will NOT go up.


And the price of NSAV is still @.0001. It didn't go up.

DILUTION?




My posts are JMOs and musings at the time of posting them.

WARNING: Buying my shares might be hazardous to your finances.