NSAV Holding Inc (NSAV)

[saladbar]

4/15/2015 Could Be A Day To Remember For All Of Us...

I can't find the article I was referring to earlier, but the basic premise was that the technology that best tracked "Seed To Sale" would be one of the big winners in the medical and recreational marijuana industries. The RFID technology mentioned in the LOI is what gets me excited in relation to the Point of Sale business. That just seems to be a big component in ensuring that a Point of Sale system that does everything you mentioned does in fact include the ability to track "Seed To Sale".

End to end POS system that begins with the:

1. Production of the products
2. Complete tracking
3. Compliance
4. Accountability
5. Payment
6. Delivery management
7. Highly sophisticated traceability solutions using Radio Frequency Identification Tagging (RFID) technology
8. Enable 100% accuracy and accountability throughout the entire POS process
9. Secure mobile application platform of this service to expand the reach through wireless networks to all of the authorized users

So many benefits of a point of sale system.... Scanning is more accurate than punching in numbers from a sticker, or expecting the cashier to remember what each item costs AND point of sale system lets you manage inventory, flag items for reorder, and analyze sales patterns....it opens up a new world of data for business.

CNN Money: Pot startups cash in on wave of legalization

Extract from: http://money.cnn.com/2015/03/09/smallbusiness/marijuana-startups/

The U.S. market for legal marijuana soared 74% to $2.7 billion between 2013 and 2014, making it the fastest growing industry in the country, according to a report from the ArcView Group, a cannabis-focused investment and research firm. It's expected to reach $3.5 billion in 2015.

Notice this from the Apr. 4/15 NSAV LOI PR to acquire P.O.S. LA Firm by 4/15/15:

This emerging market is currently reporting more than $3.5 billion in annual sales, and is projected to grow by 19% year over year through 2020. Projections beyond that point are still being formulated.

NSAV PR: http://ih.advfn.com/p.php?pid=nmona&article=66222099&symbol=NSAV

Go NSAV!