Net Savings Link, Inc. (OTC:
NSAV), a medical cannabis technology and software company,
announced today that the Company has completed its acquisition of
world renowned Chinese medical software company, Shanghai based
Vital Strategic Research Institute (VSRI). VSRI is a medical
research firm with a long history of expertise in design, clinical
trials and global research. VSRI has collaborated with
pharmaceutical giants such as Pfizer and Bristol-Myers Squibb.
For the fiscal year 2016, Shanghai posted a net profit of $
165,000. U.S.D., compared to the fiscal year 2015, when Shanghai
posted a net loss of $ 100,000. U.S.D. The Company attributes
Shanghai's turnaround to cost cutting and improved efficiency, as
it desired to enter the U.S. public markets. The Company believes
that under the guidance of NSAV and its management, Shanghai's
growth can accelerate to even greater levels.
VSRI has websites in both English and Chinese.
www.vital-strategic.com
Further, VSRI intends to apply for a license to test medical
cannabis in China. The license will enable VSRI to test all
cannabis products produced in China for THC/CBD potency,
terpenoids, microbials and mycotoxins.
NSAV also announced that is has completed and submitted its
application to the United States Patent and Trademark Office
(USPTO) for use of the trademark, MJCoin. The Company envisions
MJCoin ( www.mjcoin.com ) as a digital
currency, which provides payment solutions to the legal cannabis
industry. The Company is currently in talks with several exchanges
and hopes to have an announcement shortly. Medical cannabis sales
are projected to grow from $4.7 billion in 2016 to $13.3 billion in
2020 in the U.S. alone.
The Company also announced that negotiations with its U.S.
brewery partner for Tiger Hemp Beer are progressing rapidly. The
management of NSAV is currently reviewing the paperwork and will
announce additional details in the coming days, including the name
of the California based brewer.
NSAV also announced that due to substantial developments in
recent weeks and the need to keep our shareholders fully informed,
the Company is pleased to announce that we will host a conference
call. Further details will be provided in the coming days.
James Tilton, president of NSAV stated, “I am thrilled that we
have been able to close our first major deal. I believe that the
closing of the VSRI acquisition is only the beginning and I hope
all of our shareholders share my excitement.”
Mr. Tilton went on to state, “It’s hard to imagine the progress
of MJCoin, given that it’s been only a week since it was formally
announced. Completing and submitting our trademark application was
a major milestone for the brand.”
Mr. Tilton went on to further state, “I have instructed our team
to wrap up everything with our U.S brewery partner and to make sure
that everyone can enjoy a refreshing bottle of Tiger Hemp Beer very
soon.”
Mr. Tilton went on to further state, “I am absolutely delighted
at the opportunity to host a conference call with all of our loyal
shareholders and the entire investment community at large. I am
also certain that you will all be equally pleased and I promise to
share many exciting developments with all of you.”
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 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.
Contact
TEN Associates LLC
1 (480) 326-8577
tenassociates33@gmail.com
Net Savings Link (PK) (USOTC:NSAV)
Historical Stock Chart
From Aug 2024 to Sep 2024
Net Savings Link (PK) (USOTC:NSAV)
Historical Stock Chart
From Sep 2023 to Sep 2024