Net Savings Link, Inc. (OTC Pink: NSAV) is a diversified industrial hemp company, which is currently producing its new line of Tiger Hemp Beer. Shares of the hemp beer company are rallying 12.50%, through early trading on Thursday, September 21, 2017. Over the past month, Net Savings Link, Inc. has seen average daily volume of 49.64 million shares. However, volume of 40.64 million shares or dollar volume of $36,576, has already exchanged hands on the day.
Shares of Net Savings Link, Inc. are rallying today, after the company announced that it has received approval from OTC Markets to use its OTC Disclosure & News Service. Furthermore, the company provides an update on its Tiger Hemp Beer production, which is set to launch in China. Here is the full press release detailing of the approval and updates:
Net Savings Link, Inc. Press Release:
CRESCO, PA–(Marketwired – Sep 20, 2017) – Net Savings Link, Inc. (OTC: NSAV), announced today that the Company has been approved by OTC Markets for its OTC Disclosure & News Service. The Company has already filed its financial statements for 2015, 2016 and the quarterly reports for 2017 with OTC Markets. The management of NSAV believes that this is a major step forward in the ongoing development of the Company and will greatly accelerate the fulfillment of its previously stated objectives.
NSAV also announced that the Company has selected its China partner to brew, bottle and distribute its Tiger Hemp Beer. The brand new facility is located in China’s Yunnan province. Yunnan province is the home to such internationally renowned beer brands, such as Carlsberg and The Shangri-la Highland Craft Brewery. NSAV’s Tiger Hemp Beer will be China’s first hemp beer. Hemp drinks are hugely popular with the Chinese population. The U.S. and China are the world’s two largest beer consumers. Analysts forecast the global hemp-based foods market to grow at a CAGR of 20.3% during the period 2016-2020. The Company will release photos of the new brewery via its Twitter account later today.
James Tilton, president of NSAV stated, “OTC Markets approval and the filing of our current financial statements is truly a great moment in the annals of the Company’s history. I wish to thank the staff of OTC Markets for their efforts. I also wish to thank our loyal shareholders for their patience during this long process. It wasn’t easy and we know that. I realize that without all of you, there is no NSAV.”
Mr. Tilton went on to state, “I am truly excited that after an exhaustive search, NSAV has found the perfect partner to brew our Tiger Hemp Beer. The fact that we have a brand new, state of the art facility, is just icing on the cake. I’m sure you will all be pleased with the photos that we will be releasing later today. This tiger is ready to roar.”
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.
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.