I think we should be concerned anytime the CEO says he's going to do something (like uplisting) and then fails to do so. However, if I understand the process of uplisting to OTCQB correctly, it does take some time. It also takes time to document revenue from Rydehails, Virtuabroker, the loans targeting the farming industry, etc. We're in penny land. These investments are very risky.
Some of the things that distinguish NSAV are the meteoric increase in the value of the stock in the last 6 months. It vastly outweighs the price decline of the past 3 months (sorry to those of you who got in at .06). We seem to holding steady at about .01 and that is good. The other thing we have going for us, and I can't over stress this point, is the team that JT has assembled. Their resumes are impressive. I was really happy to see them sending some tweets recently. It's a good sign of their commitment to NSAV. I find it hard to believe they are lending their names to make a quick buck on a penny stock and then ditch the company. Show me another penny stock that has a comparable BOD and I'll get a part time job in the evenings stocking shelves at the grocery store until I have a thousand extra bucks to invest in it.
On the negative side, NSAV has a well-documented history of deals that have not led to any revenue that I have seen (MJ Coin, Tiger Hemp Beer, Eli Lily, cannabis, Naomi Village, to name a few) and things that JT is working on and then he just stops talking about them. It reminds me of my "honey-do" list of 15 projects I have to do around the house. Ten are done, three in in progress and the other two I don't even want to think about.
Long term success is often built upon failure after failure. We'll know in a few months whether or not NSAV is the former or latter. Personally, I was very lucky. A series of bad investments led me to buy NSAV when it was still in the trips back in 2017/2018. I figured I was stuck with the shares until they started to climb late last year. I sold most of them just under a penny so I'm gambling with house money on my remaining shares.
Of course, this is all just my opinion. Follow your own financial advice or hire a broker. Good luck to you all.
