lakers17
8 hours ago
Yep, what a joke. So many bought at .01 to .02 bragging about dollars and it's gone down to .0035. Just a lot of daily crying and whining on the many red days and elation on a green day in the .004s? The charts are a joke as the bottom was called at .01, .009, .008, .007, 006, .005. and .004 once again proving charts don't work in the OTC and it's all guesses. Bad guesses at that. When a right guess we never hear the end of it. How wrong can someone be? And I basically said after the last filing that NSAV has 3 months to put off fluff and spam which they have and the only thing that matters is the next filing, August 15th which of course will be manipulated and unaudited. It better show like a million dollars in the bank not $63. And sorry, intangible assets don't count. 20 days and counting (unless late) until this filing which I expect will bump the price then tank again and I will sell more shares into.
All this talk about so many bashers and paid ones. No one is getting paid here. NSAV and their lack of credibility (all the reasons below) easily bashes itself. This thread overall is dead and the same people posting. No I-Hub whales or crypto whales here. NSAV is not the golden ticket $$$$$ but is the golden turd. 💩
NSAV's problems are their own fault. Let's review some of the major concerns which any new investor should be aware of and the list keeps growing:
*Where is the 8K that is supposed to show a change of officers? NSAV's lame excuse is not acceptable. Tilton still signing filings.
*The filing will still be unaudited and perhaps manipulated as it will be unaudited. It better show accurate revenues, profits or losses and a line item showing active members actually paying for memberships. Not intangible assets which need to be detailed. Very doubtful it will. It better show millions in the bank not $63.
*How many missed NSAV deadlines have we seen?
*Lawsuits this early on?
*Over 7 billion shares need to be addressed as the authorized is almost maxed out and too many shares
*NSAV .02 down to .004s over a 80% loss. All those buys .01 to .02 a 60% loss or greater Raving about .005s and .004s now.
*NSAV is a POS OTC. It is not going to attract big money and angel investors. They would have to be given a huge chunk of the company.
*Be careful here. The company has had fluff after fluff PR and no concrete PRs about revenues, PAYING memberships and the like. The intangible assets without explanation is disturbing. A small group just keep hyping this.
*A supposed mega millions or billion dollar (laughable) company with a bush league unprofessional website
* Nonsense scripted podcasts when podcasts are mostly promotional and they are not live allowing no interaction. Discord nonsense and questions can't be asked.
*As usual in the OTC when a stock is doing poorly screams of paid bashers and shorters. There are none on this thread.
*No I-Hub whales or crypto whales on this thread for good reason.
*And maybe the dumbest comment of all time, "We are the next Amazon, AMD, or Tesla, which all started as penny stocks!"
*Using charts in the OTC. Price predictions via charts that never work in the OTC that this wasn't going to go below .01, .009, .008, .007., 006, .005 and now .004?
*Death threats? I say BS. Yet another CEO gone.
*NSAV has no unique technology. Anything of value, Coinbase and others could easily do.
*Over 1,000 crypto exchanges. NSAV is a nothing in the crypto world.
It also seems that some have invested more in NSAV they they can afford to lose. Pure dreamers with very little knowledge of crypto and the OTC.
neomania
23 hours ago
intuitively, it might appear that cryptocurrency should be accounted for as a financial asset at fair value through profit or loss (FVTPL) in accordance with IFRS 9. However, it does not seem to meet the definition of a financial instrument either because it does not represent cash, an equity interest in an entity, or a contract establishing a right or obligation to deliver or receive cash or another financial instrument. Cryptocurrency is not a debt security, nor an equity security (although a digital asset could be in the form of an equity security) because it does not represent an ownership interest in an entity. Therefore, it appears cryptocurrency should not be accounted for as a financial asset.
LOB
24 hours ago
First Quarter 2024 Financial Highlights: (Copied from Elcappy1) )
Revenue:
Revenue reached $204,800,262 million, marking an increase of 837% compared to the fourth quarter of 2023.
Intangible Assets: Intangible assets rose significantly to $207,800,262 million, or $0.0327 per share.
Operational Highlights:
Product Innovations: Launched Airdropx.co and expanded offerings on https://nsavx.com. Introduced the NSAVx V1 ERC-20 token.
Market Expansion: Began integration of onramp/offramp services for the exchange and credit card onramp capabilities for the platform.
Regulatory Compliance: Successfully registered with FINCEN as well made application with Lithuania, Singapore, Dubai and Ireland. The company also made registration as a Money Transmitter with the State of Colorado. The licenses and Money Transmitter registration are under various stages of the review process and we expect then to be awarded in the second quarter of 2024.
User Growth:
The user base of NSAVx.com grew to 618,496 as of May 15, 2024.
Second Quarter 2024 Outlook and Objectives:
Revenue Goals: With the full functionality of the onramp/offramp on the exchange, the company plans to strategically convert a fixed percentage of digital assets monthly to support operations.
Growth in Intangible Assets: Targeting an increase in intangible assets to between $500 million and $750 million.
Technology Development: Plans to launch NSAVPay.com, integrating payment options for consumers and merchants directly from their NSAVx.com wallets.
https://www.otcmarkets.com/stock/NSAV/news/NSAV-Reports-Strong-First-Quarter-2024-Financial-Results?id=440737
Bullish
BULLISH