Cresco, PA -- March 31, 2017 -- InvestorsHub NewsWire -- Net
Savings Link, Inc. (OTC:
NSAV) announced today that the Company has approved a 10%
dividend for the holders of its common stock. The dividend will be
a share dividend and will be evenly distributed to the shareholders
depending on their percentage of ownership in NSAV. This will
ensure that there is no dilution to any NSAV shareholder. The
Company will announce the record date and other details of the
dividend in the coming weeks.
The Company also announced that its transfer agent has resumed
communications with NSAV shareholders and has officially confirmed
the Companys position that no dilution of NSAV shares has occurred
following the public dispute of several weeks ago. The Companys
president, James Tilton, has had friendly and productive
discussions with the transfer agent over the past several days and
all parties are committed working together in the best interest of
all NSAV 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 a clarification of Tuesdays press
release, as it has received numerous emails and telephone calls
from shareholders. As previously announced, the January 29, 2016
agreement between NSAV and its former management and China Food and
Beverage Company (OTC:CHIF) expired on June 30, 2016 and is now
null and void. A copy of this agreement can be found in the
Companys 8-K filed with the SEC on June 17, 2016. One of the
clauses in the agreement is that KBM Worldwide have pledged to it,
an additional reserve of 3.0 billion shares of its common stock in
a settlement negotiated by the Companys previous management. The
Companys current management believes that as this agreement is null
and void, the clause pertaining to the additional reserve of its
shares is also null and void. No other NSAV share issues were
affected by this clause. As previously stated, the Company feels
that this action is in the best interest of NSAV and its
shareholders.
James Tilton, president of NSAV stated, I am personally honored
to have the privilege of announcing this dividend to our loyal
shareholders. I believe our dividend is many times what even the
major corporations distribute to their shareholders in terms of
percentage. I will work tirelessly to ensure that all of our
Companys shareholders can be rewarded with additional dividends
like this in the future. That is my personal guaranty.
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, advisory
services, financial services, patents and trademarks and
information technology.
For further information please contact NSAV at 1 (570-595-2432)
or jamestilton@netsavingslinkinc.com
.
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/
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.