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shotsky

06/29/22 11:09 AM

#203978 RE: Deadpool05 #203967

To answer the question, read the fins.
NSAV assets are called 'goodwill', which is a nebulous item. Yes, I know it is about crypto, but seriously, $89,000,000 in 'assets'? My ass.
NSAV has several officers, some with quarter million dollar a year salaries. Those salaries are to be paid with preferred stock. That is, THEY get paid before WE do if there is any money to pay anyone.
Third, the 'revenues' are FAR less than the expenses. They are losing over a million dollars per quarter for the last 2 quarters.
They have talked about a share buyback, but they can't because they have no money.
They have talked about uplisting, but they can't because they can't get an SEC auditor to audit them until they get all their shares registered and become DTC compliant - all of which takes money, which they don't have.
So, here we are, twiddling our thumbs and watching what's left of our 'investment' constantly shrinking. Some people see a bright future, but the past tells the real story. The fins tell what has been accomplished - which, at this point, is bleeding money like a stuck pig.