NSAV Subsidiary Hemp Beer Inc. Announces Launch Date for e-Commerce Website
August 10 2017 - 09:20AM
Marketwired
NSAV Subsidiary Hemp Beer Inc. Announces Launch Date for
e-Commerce Website
CRESCO, PA NSAV Holding, Inc. (OTC: NSAV), today announced that
its subsidiary, Hemp Beer Inc., will officially launch its
e-commerce website on September 5, 2017. The state of the art
website will market Hemp Beer and a host of related products. Hemp
Beer Inc., will be spun-out as a separate publicly traded company
later this month. NSAV plans to develop and market a premium line
of hemp beer in both the U.S. and China, two of the world's largest
beer consumers. Analysts forecast the global hemp-based foods
market to grow at a CAGR of 20.3% during the period 2016-2020.
Last week the Company announced that it will spin-off 20% of
Hemp Beer Inc. to its shareholders, who will be awarded with a
share dividend based upon their holdings of NSAV on the August 22,
2017 record date. Shareholders will receive approximately one share
of Hemp Beer Inc. common stock for every 17 shares of NSAV common
stock that they hold on the record date. The dividend will be
payable on or around September 5, 2017.
James Tilton, president of NSAV stated, "There can be no denying
that online sales of hemp related items, especially food and
beverage products, are increasing at an unimaginable rate and NSAV
is poised to take full advantage of this. I'm sure all of our
shareholders can now see why I chose Hemp Beer to be our first
spin-off into a standalone public company."
NSAV's vision is the establishment of a fully integrated
technology company that provides turnkey technological solutions to
the legal medical cannabis and hemp industries, 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 (480) 326-8577
or tenassociates33@gmail.com
The NSAV corporate email address is info@nsavholdinginc.com
The NSAV corporate website can be accessed at
http://nsavholdinginc.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/NSAVHolding
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 NSAV Holding, Inc. to accomplish its
stated plan of business. NSAV Holding, 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 NSAV
Holding, Inc. or any other person.
Contact
TEN Associates LLC
1 (480) 326-8577
tenassociates33@gmail.com
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