Actually, as I have said several times, we don't know exactly why NSAV went from trips to cents. We do know that 'someone' or an entity or group, bought up almost half the OS late in 2020. It went up from there and still hangs in there above $.01.
Again, we don't know who or why.
But we do know that SBC is in the business of building businesses. We also know that NSAV didn't and doesn't have a pot to piss in.
NSAV itself cannot possibly have been making these deals - they are not at the helm. That means, to me, that SBC is using NSAV as the public 'face' of SBC, which is a private company by itself.
If you really think about it, it will be obvious that the money for these deals comes from another party, likely SBC, and that they will be the first to be paid when monies are made by NSAV. NSAV will be lucky to have any profit for itself.
We can hope that there are items that allow NSAV itself to grow and become profitable, but I don't see any evidence of that yet. Not sure the 2021 annuals will reflect any of these activities, but a year from now, it will be quite evident.
So, my predication, based on previous history is that when the annuals are announced this time, NSAV will tank, yet again, because there will no nothing to hang a hat on. No profit. And those with hundreds of millions will dump NSAV, knowing that nothing profitable will show up until months later. (I'll keep mine...) They will take their profits and put them where they think they can make more profit.
Those that are thinking $1 a share should be thinking $.10 a share and jumping on it. I doubt I'll be alive when NSAV hits $1...
