NSAV ANNOUNCES IT WILL ACQUIRE AN ADDITIONAL 25% STAKE IN SBCDF INVESTMENT, INC. AND STUX TOKEN WITH OPTION EXERCISE
April 09 2021 - 9:34AM
InvestorsHub NewsWire
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NSAV
ANNOUNCES IT WILL ACQUIRE AN ADDITIONAL
25% STAKE IN SBCDF INVESTMENT, INC.
AND STUX TOKEN WITH OPTION
EXERCISE
London, England -- April
9, 2021 -- InvestorsHub NewsWire -- Net Savings Link, Inc.
(OTC
Pink: NSAV), a cryptocurrency, blockchain and digital asset
technology company, today announced that NSAV will exercise its
option and acquire an additional 25% stake in SBCDF Investment,
Inc. (SBCDF), which increases the Company's shareholding to 50%.
SBCDF will soon launch its STUX (SBC Token Unix X). The STUX token
will be marketed via all the major social media channels such as,
Reddit, Discord, Telegram, Twitter and Medium. To complete the
transaction, NSAV will issue 500 million restricted Preferred B
shares, which when converted, have an estimated value of over $10
million. On March 15, 2021, NSAV announced that it had acquired its
initial 25% stake in SBCDF under the same
terms.
SBC Financial Group
https://www.sbcfinancialgroup.com.hk will
structure the transaction and advise on the token launch and
strategy related to how the token will drive the NSAV
ecosystem.
SBC Financial Group has a
dynamic of disciplines on a broad commercial level and practice.
SBC has a strong group of Partners in a wide range of disciplines
with seasoned experience in finance, management, and professional
practice.
James Tilton, president of
NSAV stated, "I am pleased that we have exercised our option so
soon after the initial acquisition and now have a 50% stake in a
project with such massive potential. Once again, I am thrilled to
have the opportunity to work with a company of SBC's proportions.
SBC is not only a force on Wall Street, but around the
globe."
NSAV's vision is the
establishment of a fully integrated technology company that
provides turnkey technological solutions to the cryptocurrency,
blockchain and digital asset industries. Over time, the Company
plans to provide a wide range of services such as software
solutions, e-commerce, advisory services, financial services and
information technology.
For further information
please contact NSAV at info@nsavholdinginc.com
The NSAV Twitter account
can be accessed at https://twitter.com/nsavtech
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:
Net Savings Link,
Inc.
info@nsavholdinginc.com
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