BITMART TO BECOME NSAV EXCHANGE$$$$$$$$ IMO IMO IMO IMO
(The following are just my opinions. I am not a professional broker, employee of a broker, or a professional trader. I am like most of you, a small time investor. Consider the following based on that!)
How will it be paid for? With shares of the new company
Who will get them? Probably every employee of Bitmart, in proportion to their status and income.
Who will operate Bitmart? All the current employees and officers.
Why would they work for NSAV? In addition to shares, they may also receive increased pay or other compensation.
How would this affect Bitmart business? NSAV would have all the preferred shares and with them voting rights. Bitmart would not have any.
What kind of shares would Bitmart employees receive? Only common.
Caveat: The officers of Bitmart may receive Preferred Class B shares which do not give them voting rights, but are superior to common. Additionally, they may be locked up for a period of time so as not to tank the new company.
What would NSAV get? NSAV would receive all the revenues, thus the NSAV Exchange share price would rise in proportion.
How would this affect NSAV stock? NSAV would become the parent company. Parent companies always have a higher share price than subsidiaries. You can look at Alphabet, the parent of Google, or Yum Brands, the parent of KFC.
What would the Outstanding Shares of the NSAV Exchange be? Coinbase has 142 million. I would expect about the same number, possibly up to 250 million to allow enough to pay off the Bitmart employees.
What might be the share price of the NSAV Exchange? Currently, Coinbase is $224 a share. If we had the same number, expect a fraction of that, in proportion to Bitmart vs Coinbase and accounting for more shares of NSAV Exchange. For instance our IPO Price might be $50-$60 per share.
What would a $60 share price of the exchange do for the share price of NSAV. NSAV has 42 times more shares than Coinbase. Expect a share pice that is at least 42 times less PLUS extra to account for the added value of all of the other NSAV interests. Possibly double or triple the number. Bottom line, I would expect NSAV to go to $4-$6. However in a frenzy of a run up, it could go higher than that.
The above is totally mental gymnastics based on NSAV acquiring BITMART. It may not happen. In that case disregard everything I have stated! Cross your fingers and toes that it does.
Argument for it happening:
Yuen Wong is managing partner of Bitmart and our Director
Yuen Wong and Peter Chun of SBC are on good terms.
Yuen Wong and all the other big names are thinking dollars not pennies
SBC's goal is to take NSAV to the NAZ. This would do that.
The name of the exchange is unimportant if the BITMART people make a ton more money now and going forward, through their stock in the NSAV Exchange
For all intents and purposes, it would still be Bitmart, minus the revenues, but with all the benefits thereof.
It is impossible for NSAV or Yuen Wong to create an exchange from scratch in a month.
NSAV announced that the NSAV Exchange would make it second only to Coinbase in the US. Bitmart is the only logical company that could do that.
NSAV announced on May 6, they were in negotiations for a 40% interest in an exchange that does $4 billion per day. Looks like everyone upped their game.
IMO-- I think I'm on to something.
BUY BUY BUY BEFORE YUEN WONG DOES HIS THING OR YOU COULD BE LEFT IN THE DUST! IMO
AI
