Major Profits
12 hours ago
AUTHORIZED/OUTSTANDING SHARES
Search Labs | AI Overview
When a company's authorized shares are almost the same as its outstanding shares, it means that the company has issued nearly all of the shares it is legally allowed to issue, leaving very little room for future stock issuance to raise capital without amending its corporate charter to increase the authorized share count; essentially, the company has very little flexibility to issue additional shares in the future.
Key points to remember:
Authorized shares:
Represent the maximum number of shares a company can legally issue, as defined in its corporate charter.
Outstanding shares:
The number of shares that have actually been issued and are currently held by shareholders.
Why is this significant?
Limited growth potential:
If authorized shares are nearly equal to outstanding shares, it could indicate that a company is nearing its limit on how much equity it can raise through issuing new stock.
Potential for dilution concerns:
If a company needs to raise capital in the future and has limited authorized shares left, issuing new shares could significantly dilute the ownership of existing shareholders.
lakers17
16 hours ago
Yep hilarious. NSAV=SCAM=TOTAL GAMBLE. Now that I am out I am not willing to risk my money here. Too many others in play in the OTC and way more potential. Some here just ignore all the facts with who runs this company with no money behind it. Broke, deals that never pan out, 7 billion plus shares, debt and all deadlines missed. Unique technology? 🤣 Vik is not much better as well. Crypto on absolute fire thanks to the election and who won, yet virtually no one except maybe 1 or 2 own any crypto where the real money is right now. That tells me all. My crypto portfolio sure looks better today than when BTC was in the $40,000s. BTC when doing well, pulls everything with it. NSAV isn't much better than going to a casino ore racetrack with the facts that are out there.
lakers17
18 hours ago
Hilarious some calling NSAV an investment,. No, it's a gamble like most of the OTC is. NSAV is one of the worst. And more proof charts don't work in the OTC. The chart guy sells out at .0007 and .0006 for a huge loss, instead of buying for a triple. More proof that charts showing nothing in the OTC. I no longer own shares but will follow this drama. My crypto accounts with my 50+ cryptos are looking so much better now with BTC at $88,000. Overall the big markets are doing great. The OTC is not following the big markets at this time. NSAV does not deserve my money again. I am not buying this ridiculous story of what they have. Let's see what happens with court and if they file. If they have is so amazing, where is the angel investor behind this? Any legit money guy would deal with the three in NSAV management.
CryptoRain
21 hours ago
I actually don’t see Vik taking over as a win, unless it’s to work with the current tech development, otherwise it’s doomed to fail. Those mentioning the “red flags” on the new coins..duh..all these coins have red flags at this stage, until they don’t. Again, most will fail before the “red flags” are gone, but it only takes a few for big “wins”. Harping on the red flags on those is silly because people that know what’s going on are fully aware that’s the norm
Major Profits
22 hours ago
No use in arguing as everything will be fine, according to some, that is if those in charge would only be left alone. But, meanwhile, blame the "basher's" for the mess this ticker (and some in charge) have found themselves in. Indeed, when a receiver is called in after a huge default judgment (whose fault was that?) and writes this in his report:
In addition to his personal review, the common conclusion is that the $11 billion valuation is not based upon any actual market, and—with the exception of the AWH principal—all have indicated that the tokens themselves have red flags suggesting the possibility of fraud.
...which he then sends to the OTCM, PST, the SEC and to the court, but it seems to mean nothing at all to some. NOTHING! Just think. The mention of "the possibility of fraud" means NOTHING to some!! Okay, I get it. It says the possibility of fraud but, certainly, nobody would object to any investigation (hopefully by the SEC) to find out it it IS fraud, right?
But some will, of course, because it might hurt the share price.
So, anyhow, has anyone here actually bought any of the tokens? Can you tell us your experience so far? Have you tried to sell some back?
TIA
GLTS
Looks like the rooms are almost full now.
Major Profits
2 days ago
"You’re clearly on the side of the group that wants to see this fail and the innocent shareholders lose everything."
Well, actually, I'm on the side that seems lost to you and that is the side of TRUTH! Wow, imagine that. But it's based on a very easy concept to understand. Here: If "pumpers" (and maybe even possible scammers) only tell one side of the story it's up to the "bashers" to tell the other side. Or don't you that's fair? I do.
And you don't even need to lecture me about "innocent shareholders" losing money here BECAUSE I WAS ONE OF THEM!! Imagine that also! Yep, I drank the Tilton Kool-Aid!! Hell, a couple times actually and that is why I'm stuck with dividend shares I can't sell. Nice, huh?
Here, take a look at the NSAV 5-Year Shart:
See anything? See a few "pump and dumps" in there (or "Pop and Drops", whatever)? I do. So do you actually think everyone has been making money here and nobody has been losing anything? And, also, please tell me what kind of a CEO would put out a PT/News such as this:
https://finance.yahoo.com/news/nsav-announces-updates-cannabis-growing-141754606.html
And this was part of the "presentation" for it:
OVERVIEW
Naomi Village (the "company") provides property management services for the burgeoning medical marijuana industry in the United States. The Company plans to build a 20,000 square foot cultivation facility Crespo, PA in the next 6 months where medical cannabis has been deemed lawful by both State and Federal authorities.
This presentation focuses on the Company's Poconos Grow Operation. The Company plans to enter into agreements with patients, caregivers collectives in the Northeastern Pennsylvania region for the production of medical cannabis on behalf of these parties."
CONSTRUCTION PLAN
The Company's Business Plan calls for the initial construction of a state of the art cultivation center encompassing 20,000 square feet of cultivation and over 7,500 square feet of processing and research and development.
The Company has entered into a Joint Venture Agreement for construction of a site in Crespo, PA.
But lo and behold, come to find out months later (after I bought a fair amount of shares) that at the time of the PR/news the property was actually in foreclosure!!
https://www.poconorecord.com/story/news/2015/06/29/resort-faces-foreclosure-sale/34032495007/
Not just that but it was later sold at bank auction!! Well, it was this CEO:
https://www.sec.gov/litigation/litreleases/lr17036.htm
The Court ordered Verhaak to pay a civil penalty of $15,000 and Tilton to pay a civil penalty of $37,500.
Mean anything to you? Nah, probably not. But after that they merely went on to some other crap things that failed also.
The thing is that sending in complaints to the SEC (I have) doesn't seem to do anything sometimes but maybe the receivers report along with all the other things will. One can hope.
GLTS
$NSAV
leverage102
2 days ago
Judge has Encouraged a Settlement by advising them of the alternative; which both parties objected too, and the judge said I heard this before. Hence both parties came to agreement. The direction of the company finance and OTC could indeed unlock Billions in Funding. Not every company, though some will bear fruit.
As for complaints and investigations they dont always happen. Also the receivers report can be rebutted, though It may not be warranted given the agreement. * If Necessary there is another side, which may nix investigating. A Few of these OTC Companies begin really trading with value, the company will continue. as for a possible fine in the future; who knows ? In the meanwhile let's see what tomorrow brings.
Peace.