NSAV ANNOUNCES 2.5 BILLION SHARE REDUCTION
Net Savings Link, Inc. (OTC:
NSAV) announced today that the Company has approved a 2.5
billion reduction of its authorized shares. The Company took this
action after lengthy consultation with its attorneys, investment
bankers and advisers, in order to ensure that the amount of the
share reduction benefits all NSAV shareholders, while still
allowing the Company to grow and make acquisitions. The Company
wants to reassure all of its shareholders that no substantial
dilution of its shares has taken place or will take place and that
NSAV is not planning or even considering a reverse split of its
shares.
The Company also announced that an additional 2.5 billion of its
authorized shares have been placed on hold for possible
cancellation. The Company wants to ensure that the amount of
authorized shares will enable NSAV to fulfill its business plan
and, in time, pay a substantial share dividend to its
shareholders.
Further, although the Company's business model is growth by
acquisition, the desire of NSAV is not to dilute its shareholders
when making acquisitions. The Company's vision is to pay for its
acquisitions out of the earnings of the companies it acquires.
The Company also announced the launch of its Twitter and
Facebook accounts.
The NSAV Twitter account can be accessed at https://twitter.com/NSAV_MJTechCo
The NSAV Facebook account can be accessed at https://www.facebook.com/Net-Savings-Link-Inc-768628693317257/
James Tilton, president of NSAV stated, "I am truly pleased that
I can finally confirm the long awaited dramatic reduction of the
NSAV authorized shares. Once again, I can assure all of our
shareholders that this action will benefit them. As I have stated
on numerous occasions, I am fully committed to only taking actions
that are in the best interest of all NSAV shareholders. I also want
to reaffirm that I do not own a single share of NSAV common stock
or any security that converts into even one share of common
stock."
Mr. Tilton went on to state, "I sincerely hope that by placing a
hold on an additional 2.5 billion authorized shares, it will ease
the dilution fears of many of our shareholders. It has been my
personal vision since I took over NSAV, to pay a dividend to our
loyal shareholders, in order to show my deep appreciation for their
continued support and confidence in me."
Mr. Tilton further went on to state, " I can't express in words
how thrilled I am to personally announce the launch of our company
Twitter and Facebook accounts. As most of you know, I stay up until
the wee hours of the morning until I answer all of your emails. I
truly hope that these social media accounts bring me even closer to
our shareholders and enhance our communication. However, please
don't stop sending me your thoughts by email, as I love the
personal one to one interaction with our shareholders."
NSAV's vision is the establishment of a fully integrated
technology company that provides turnkey technological solutions to
the medical cannabis industry, as well as other areas of the
medical industry. Over time, the Company plans to provide a wide
range of services such as software solutions, e-commerce, financial
services, patents and trademarks and information technology.
For further information please contact NSAV at 1 (570-595-2432)
or jamestilton@netsavingslinkinc.com
.
This press release contains certain forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933, as
amended and Section 21E of the Securities Exchange Act of 1934,
which are intended to be covered by the safe harbors created
thereby. Investors are cautioned that, all forward-looking
statements involve risks and uncertainties, including without
limitation, the ability of Net Savings Link, Inc. to accomplish its
stated plan of business. Net Savings Link, Inc. believes that the
assumptions underlying the forward-looking statements contained
herein are reasonable, any of the assumptions could be inaccurate,
and therefore, there can be no assurance that the forward-looking
statements included in this press release will prove to be
accurate. In light of the significant uncertainties inherent in the
forward- looking statements included herein, the inclusion of such
information should not be regarded as a representation by Net
Savings Link, Inc. or any other person.