CRESCO, PA, Oct. 06, 2017 (GLOBE NEWSWIRE) -- Net Savings Link, Inc. (OTC: NSAV), announced today that the Company has completed a major upgrade of its Chinese medical website ( www.vital-strategic.com ) in anticipation the closing of the 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. 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 significant progress in the development of MJCOIN,
( www.mjcoin.com ). The goal of MJCOIN is to be 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 next week. 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 it has reached an agreement with its Chinese brewery partner, to brew, bottle and distribute its Tiger Hemp Beer brand. Further details will be announced in the coming week. Additional photos of the Chinese brewery will be released on the Company’s Twitter site later today.
NSAV also announced that it has chosen a U.S. brewery partner for Tiger Hemp Beer. They are a major brewer, based in California. We will release the brewer's name, as soon as all paperwork is signed, which we expect to be next week.
The Company would like to officially notify all shareholders and the entire investment community that the continuing rumors of a reverse stock split are entirely 100% false. There is no truth to these rumors whatsoever.
James Tilton, president of NSAV stated, “I believe the new VSRI website will really make people standup and take notice of what a gem we have here. Medical cannabis testing in China is a huge untapped market and NSAV will be ready to take advantage of it.”
Mr. Tilton went on to state, “In just two days, we have received an amazing response to MJCOIN. It is moving very quickly and we are all very excited and we hope our shareholders are as well.”
Mr. Tilton went on to further state, “Our Chinese brewery partner is extremely excited at the opportunity to be a part of China’s first hemp beer, Tiger Hemp Beer. The same for our U.S. brewery partner and the feelings are surely mutual.”
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.