There is another way to look at NSAV.
We still don't know who bought up half the OS in late 2020. It was not one person, nor would any of them own over 5% without a filing to the SEC. Anyone who owns 5% must file. And if it goes over 10%, another filing is required. So, it must have been a group.
Buying up those shares essentially looked like a buyback, because only half the remaining shares were in circulation. The price rose as a result. We know these things actually happened, this is not speculation.
I think many of those shares are trickling back into the market, which has the effect of holding the share price down, or even dropping it. Those shareholders made thousands of percent profit on those shares.
NSAV started the spin shortly after those shares were bought up. Coincidence? Unlikely.
In November, 2020, they PR'd that Jake Noch issue was resolved. (But it wasn't.)
Later, in November, NSAV announced it was acquiring a percentage of Noch's pro rights company.
In early December, NSAV announced a 10 year no reverse split clause. But that was already in place. It was a PR about something that was not news. They PR'd it AGAIN in June 2021.
In Dec. 2020, they PR'd about acquiring a Dutch cannabis company, which is in line with NSAV's stated mission statement for the last few years. (No further mention, ever, of cannabis or anything related to it.)
In January 2021, NSAV announced a new twitter account. The old one was deleted, but most of what it had is preserved in history on this message board. I have read it all. You have to go back in the messages on this board to see them, but the whole history is actually there.
In January, 2021, the first mention of crypto.
In February, 2021, the first mention of Yuen Wong.
In March, 2021, the first mention of SBC.
In March, 2021, the first mention of SBCDF and the STUX token. (How's that coming along?)
In April, 2021, the first mention of Rideshare. (How's that coming along?)
All PR's since then have been about crypto and tokens. (We have yet to see a penny of profit from all of these PR's.)
A good Pink market CEO will spin a story that sounds promising, thus exciting traders hoping to cash in on a success.
All that remains is to deliver on even ONE of these announcements.
In the meantime, I believe a lot of those trip zero shares are back in trading, which has the effect of dilution. Someone has already made a ton of money on this whole venture, including me, although I still have over 100M trips.
The Fins, in April, should tell the financial story up to the end of 2021...it should be interesting reading.
As Reagan once stated, Trust, but Verify. (Originally, a Russian proverb).
Many of us are trusting, but there is nothing yet to verify.
