CRESCO, PA, Jan. 23, 2018 (GLOBE NEWSWIRE) -- Net Savings Link, Inc. (OTC: NSAV) announced today that the Company has approved a 500 million reduction of its authorized shares. This is the second major reduction of NSAV’s authorized shares since November. These significant authorized share reductions are part of the Company’s continued commitment to its policy of non-dilution and enhancing shareholder value.
NSAV also announced today that the Whitepaper for its MJCoin cryptocurrency (www.mjcoin.com) is undergoing final review and will be published in the coming days. The Company believes that its Whitepaper is of the highest standard when compared with those in the legal cannabis industry.
James Tilton, president of NSAV stated, "I am truly pleased that I can confirm another dramatic reduction of the Company’s authorized shares. This action will certainly benefit all NSAV shareholders and instill confidence in the public markets.”
Mr. Tilton went on to state, "I wish to thank the entire MJCoin Team, who have been working around the clock, in order to complete our Whitepaper and ensure that it is among the best in the industry.”
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 (585) 520-2102 or investorgrowthllc@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.