Net Savings Link Inc (OTCMKTS: NSAV) has been moving steadily northbound since reversing off $0.0026 lows in September. The stock is quickly gaining momentum and rapidly getting noticed by investors who pushed the stock up 35% back over a penny on just under $600,000 in dollar volume for the day. NSAV was a big runner back in 2021 skyrocketing from current levels to highs just under $0.15 per share. Speculators accumulating over the past few weeks are hoping for some of that magic that NSAV had in 2021 and so far, it has not disappointed course, speculators who bought in January of this year are hoping the stock doubles or tiples just so they can get their money back. The Company has managed to build significant assets on its balance sheet over a relatively short period of time recently reporting $84 million in assets vs. $65 million in total liabilities.
NSAV has made some big moves over the past year starting with getting SRAX, Inc. (Nasdaq: SRAX) on board who has an audience of over 9 million investors on their Sequire Platform. The Company made another big move bringing on MD Global Partners as its investment banker. With $4 billion in aggregate deal value and 200+ deals across 20 countries, MD Global Partners gives NSAV instant credibility with the global financial markets. But the biggest story on NSAV is its proposed acquisition of the Centralized Cryptocurrency Exchange (CEX). On Sunday the Company tweeted: “late Friday afternoon, the Definitive Acquisition Agreement for the operating Centralized Cryptocurrency Exchange (CEX) was signed by all parties.” NSAV also stated it has signed a definitive agreement to acquire a 50% stake in a token that is already trading on CEX target and has already been approved for a listing on the STEX Crypto Exchange Complete details on the CEX will be announced in a press release next week.
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Net Savings Link Inc (OTCMKTS: NSAV) is a cryptocurrency, blockchain and digital asset technology company, whose 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.
NSAV recently closed the acquisition of 10% of VirtuaBroker Ltd, a Swiss Cryptocurrency Trading Platform with offices in London and Barcelona for $60,000 cash. The Company also recently acquired a major 25% stake in SBCDF Investment, Inc. and launched its HIVE MULTIMINE mobile crypto mining app to the general public. Previously, the app had only been available to NSAV shareholders. With HIVE MULTIMINE, users can now mine crypto on their smartphone, without the need for a traditional mining device. The HIVE MULTIMINE App is now available to download in the Apple Store and on Google Play and was developed in partnership with Metaverse Network LLC. (MNC) https://metaversenetwork.llc/.
The management of NSAV and its partners are pioneers in the Digital Asset and Blockchain industry. The team is led by NSAV Director, Mr. Yuen Wong; also the CEO of LABS Group Limited and Managing Partner at Bitmart Cryptocurrency Exchange; a premier global digital asset trading platform with over 2 million users worldwide and ranked among the top crypto exchanges on CoinMarketCap. Recently the NSAV team’s co-majority shareholder, TG Private Equity Inc. (TG) retired 500 million shares of Series B Preferred Stock that it owned, which is the equivalent of 500 million shares of common stock. The market value of these shares based on yesterday’s closing price is $4,750,000 (USD). The share cancellation was completed by the company’s transfer agent, Pacific Stock Transfer.
Earlier this year NSAV launched its Tokenization, Listing and Blockchain Program. The Company will make use of its vast resources in the areas of crypto and blockchain to assist companies in tokenizing their assets and introducing blockchain to their businesses. NSAV will target public companies as their primary clients but will also accept private companies on a selected basis. The Company also rolled out a rewards program exclusively for shareholders through TiiCKER https://www.tiicker.com/. NSAV’s Shareholder Loyalty Program follows its growing digital asset initiatives and industry-leading fintech blockchain offerings to reach retail investors who own NSAV stock. Through TiiCKER, NSAV can directly communicate with investors as well as reward them for their loyalty, maximizing Shareholder Lifetime Value. In June the Company launched VagaChain, a 3rd Generation Layer 1 Blockchain Solution to tackle the most critical and urgent sustainability challenges for businesses and enable their transformation. With the launch of VagaChain, NSAV and Vagabond Technology Solutions, a Blockchain-as-a-Service provider (BaaS), together are strengthening their shared ecosystem.
Acquisition of an operating CEX is done and sealed for a press release this week… pic.twitter.com/VaarjBrNQY
— Ajay Singh (@TheAmbassador_) October 18, 2022
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Net Savings made a big move when they got SRAX (NASDAQ: SRAX) on boarad to maximize and accelerate its communications for interested investors, shareholders, and supporters. With Sequire, a product of SRAX, NSAV will be able to secure trading data instantaneously— including level two trading data, current share price, volume, change percentages, and beyond— but will also allow for better shareholder engagement via amplified media utilization. SRAX boasts an 88% platform retention rate, and an investor audience exceeding 9 million, and a 1360% year-over-year growth. SRAX will be taking over all the Company’s social media platforms see the tweet below:
Investors: please head on over and follow the NEW $NSAV Twitter account at @NSAV_Tech for the latest news and company updates, which SRAX https://t.co/lYLiUHlDoZ will begin managing in the early part of the week.
— NSAV Holdings (@NSAVTech) October 16, 2022
In August Net Savings engaged leading Manhattan-based investment banking firm, MD Global Partners (MD Global), to act as its exclusive general financial advisor for strategic corporate planning and investment banking services. Since inception, MD Global has an aggregate deal value of over $4 billion and has completed 200+ deals across 20 countries. MD Global is registered with the SEC as a broker dealer and is a member of FINRA (https://brokercheck.finra.org/firm/summary/140988) and SIPC. With MD Global’s reputation as a trusted advisor over multiple industries all over the world, NSAV will be leveraging their capabilities to maximize shareholder interests.
MD Global’s veteran dealmakers have 100+ years of experience in technology investment banking, capital markets and entrepreneurship and a deep understanding of the market forces, competitive dynamics and valuation parameters of several high-growth, technology market segments. The firm advises clients across all major industry sectors. MD Global has 4 geographic locations to serve its clients around the globe and its professionals speak 10 languages, which is vital, as 50% of the firm’s deals are cross border. NSAV management believes MD Global is the perfect firm to take the Company to the next level. MD Global Partners website can be accessed at; http://mdgpartners.com/
NSAV’s vision is the establishment of a fully integrated technology company, which 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, financial services, advisory services and information technology.
Dato’ Sri Desmond Lim, Interim CEO and Senior Vice President of Cryptocurrency Operations for NSAV and Silverbear Capital partner stated, “NSAV is thrilled to engage MD Global to assist us with critical strategic decisions. Their leadership has the right credentials to assist entrepreneurial driven public companies in raising growth capital and advising on potential strategic acquisitions.”
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Currently trading at a $82 million market valuation NSAV OS is 6,337,241,216 with 4,772,373,568 in the float. As previously stated, the Company has managed to build significant assets on its balance sheet over a relatively short period of time recently reporting $84 million in assets vs. $65 million in total liabilities with little revenues so far. NSAV recently said that once its proposed acquisition of the Centralized Cryptocurrency Exchange (CEX) is finalized, SRAX, Inc. (Nasdaq: SRAX) will launch a global marketing campaign including to its 9 million investors on its Sequire Platform. NSAV made a massive run in 2021 to highs near $0.15 and at just over $0.01 deserves to be at the top of penny stock speculators watch lists. It has made some enormous moves in the past and it could certainly do it again. We will be updating on NSAV when more details emerge so make sure you are subscribed to Microcapdaily.
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Disclosure: we hold no position in NSAV either long or short and we have not been compensated for this article.