CRESCO, PA, Nov. 02, 2017 (GLOBE NEWSWIRE) -- Net Savings Link, Inc. (OTC: NSAV), announced today that the Company has appointed Mr. Defu Cao as Chief Operating Officer of its Hemp Beer operations in China. Mr. Cao will be personally responsible for overseeing the launch of the Company’s Tiger Hemp Beer brand in mainland China, which is scheduled for February 2018, to coincide with the Chinese New Year, “The Year Of The Dog”. Mr. Cao is currently the head of operations for NSAV’s China Joint Venture partner, Blue Candy Brewery, Ltd. (English Translation), which presently has 134 employees and an annual production capacity of 30,000 kiloliters. Due to overwhelming demand and the anticipation of the launch of Tiger Hemp Beer, construction began on a new, state-of-the-art brewery in August 2017 and expects to be completed well before the Chinese New Year. The new brewery will have an annual production capacity of 100,000 kiloliters. China is the world's largest consumer of beer.
NSAV also announced today that its subsidiary, Hemp Beer Inc., which markets and distributes Tiger Hemp Beer, has begun the registration process to brew and distribute its beer in the state of California and expects the process to be completed within two weeks. The Company views California and the entire western United States as a huge potential market for Hemp Beer.
James Tilton, president of NSAV stated, “I am thrilled that Mr. Cao has agreed to lead the China launch of Tiger Hemp Beer. He has a proven track record and since he took over Blue Candy Brewery in 2012, his results have been truly astonishing.”
Mr. Tilton went on to state, "No one can dispute the potential of Tiger Hemp Beer in China. However, I think we have the opportunity to be just as successful right here in the U.S.A.
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.