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shotsky

10/31/22 7:25 PM

#209006 RE: rlpflorida #209005

How this came about is a rather interesting story. I had purchased a few shares of NSAV when JT announced a 'dividend', where shareholders would get one share of NSAV for every 10 they owned on ex-dividend day, back in about June 2017.
So, I snapped up 5,000,000 shares and eventually received 500K shares in that 'dividend'. (They are still restricted, and unregistered, so you can't trade them until you pay NSAV's attorney to 'register them and unrestrict them'. About $500 to 'free them'. That's another ongoing story - I still have them and know that if they try to get an SEC accountant, they will have to free all those shares anyway.)
Anyway, the next phase was Hemp Beer. (NSAV, in those days, was all about marijuana.) JT announced another dividend, which was for Hemp Beer, another new company owned by NSAV. You were to receive 1 share of Hemp Beer for every 17 shares of NSAV owned on ex-dividend day. Liking what I saw with the first dividend, I bought up to about 200M shares, confident that I'd have a big share of Hemp Beer. That would have gotten me over 10M shares of Hemp Beer. That never happened, but I still had those shares, and still have at least half of them. In 2018, the SP dropped to quad zero. All my shares were worth about $3K. I was in debt in multiple ways and couldn't meet the payments I needed, so it hurt my credit rating. Still, I was unwilling to unload the NSAV shares at such a huge loss, so I hung onto them.
In Feb, 2021, NSAV jumped up to $.04 from a flat line. I sold the hell out of NSAV then and later in August when it hit $.14. Half of my originals were sold, all my debts paid off, and I had a sizeable cash position. I put half of that into dividend stocks that brought me about $10K per month. The other half I hung onto, and still have most of them. I use some of the excess cash from NSAV to 'flip' between half a cent and 2 cents, just to keep busy, but it makes real money.
Right now, I have 100,200,000 remaining. 10M of that is for flipping.
The point here is that I didn't do anything smart. I got hoodwinked by JT into buying WAY more shares than I should have, based on his 'dividends'. He was selling shares, I 'believed' him. That was a mistake, but as we all know, there was an unbelievable recovery of NSAV that even JT could not have imagined.
I am now completely out of debt, with over $1M in my portfolio. I do know how to make money with what is left, but it was not smart moves on my part, it was stepping in a pile of shit and coming out smelling like a rose.
Along the way, I managed two ladies' portfolios. One sold out in August, 2021 and made multiple million dollars. She changed zip code. The other still has her shares, worth just under $1M, and lives with me.
So, that's the story. I just got lucky.

solidgold

10/31/22 11:28 PM

#209009 RE: rlpflorida #209005

I could sign your post. GLTY.