Saturday, June 04, 2022 9:43:47 AM
As for NSAV stock, it is understandandable. The whole sector is down the toilet, the market is down, and there still is not clarity in the US and other countries regarding crypto. Coinbase is down to about $65 from $333. Bitcoin is $29K, down from about $65K. These are not good days for crypto and NSAV being new and without much earnings yet, what do you expect? The good news is, NSAV is starting from ZERO. It will only get better. Even if 90% of the deals are crap (which they aren't) the one deal that is good will add earnings and cause the stock to rise.
I am not concerned. We are in a good spot. This company will not go out of business. They are in it for the long haul as evidenced by their no reverse split promise and creation of many exchanges, trading desks, and long term deals.
Currently there is a lot of BS and gloom and doom on this board. This is always the way it is when the share price is down. When it starts rising again, it will be a completely different place. Sunshine and Bluebirds. Remember, there is big money backing this thing, such as TG Private Equity and others we do not know. They are not in it for a penny or less. Nor are SBC and the Directors. As they say "Follow the Money".
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