InvestorsHub Logo

wi11iamp

09/01/22 2:51 PM

#206033 RE: mfaphoto #206032

If you believe these guys didn't buy millions of common shares you are nuts! NONE of JTs companies make money now how does he own so many houses? Also putting out false PRs is illegal as well but JT is walking around free man. Last time JT got bought to court for doing just that he got a 60k fine and walked away with millions. This is the OTC there are no rules here.

shotsky

09/01/22 3:14 PM

#206034 RE: mfaphoto #206032

That is not how it works. NSAV takes out loans, with no expectation of paying them. When they come due, shares come out of the treasury, at a huge discount, to pay off the loans. Then, those shares are dumped almost immediately by the lender, which drives down the share price, because they DUMP them at market and get their loan back plus profit.
That is the reason the AS was increased and is why the OS continues to increase. To get loans that are backed by shares. Gotta have the shares in reserve to be legal. When these are gone, it may repeat. Meanwhile, dilution is killing us, as well as when they dump those shares...double whammy.