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NSAV announces the closing on the acquisition of Pyrotree Software, Inc.
Date : 04/24/2015 @ 2:11PM
Source : InvestorsHub NewsWire
Stock : Net Savings Link, Inc. (PL) (NSAV)
Quote : 0.0003 0.0001 (50.00%) @ 3:20PM
NSAV announces the closing on the acquisition of Pyrotree Software, Inc.
Print
Port Jefferson, NY -- April 24, 2015 -- InvestorsHub NewsWire -- Net Savings Link, Inc. (OTC: Pink: Symbol NSAV) today has announced through its CEO, Steven Baritz, the fully executed share exchange agreement to finalize the terms of the closing of the acquisition that was referenced in our April 2, 2015 public announcement.
Mr. Baritz commented, “We are pleased to formally announce that we have completed the acquisition of Pyrotree Software, Inc . Pyrotree is THE premier software and web development platform that was developed in order to meet the Point of Sale (From Seed to Sell) and bidirectional compliance traceability software demands of the medicinal & recreational cannabis industry”. Mr. Baritz continued, “Within the Pyrotree framework, there are also 5 separate, yet integrated divisions that will provide peripheral service resources, including but not limited to Supply chain websites, credit card merchant accounts, transportation and delivery tracking, and accountability systems. We’re doing this by implementing an all- encompassing approach to incorporate the Federal and State required compliance and record management needs of all of the participants in the process, ranging from the growers, collectives, product developers, delivery networks, and even including the “brick and mortar” retailers, and further extending to the consumer end user of the various products. It is our stated objective to become established and prepositioned as the industry standard for our web, software, and traceability products in the various States where medicinal and recreational cannabis are legally offered for sale, distribution, and use. “
“Due to the extraordinary, and arguably exponential growth over the past few years, the medicinal & recreational cannabis space is currently expanding at a rate that has significantly exceeded initial expectations, and this continued growth rate has necessitated the development and implementation of tracking and traceability solutions that can provide real time information to all of the service providers throughout the seed to sale process, including the State and Federal regulators”, said Baritz.
Baritz further commented, “We’re planning on leading the digital revolution in the industry by providing business owners and consumer end users with software that can fill this void and provide business solutions for their individual issues, concerns, and compliance needs. With an estimated year over year annual industry growth projection of 19% to reach projected annual industry sales of approximately 110.2 billion in the next 10 years, we can implement these systems early as one of the first to market, and allow us to cement our place as the industry standard.”
One of the essential components of the entire system will be the integration of a proprietary RFID ( Radio Frequency Identification ) tagging system for inventory and asset tracking and control. Mr. Baritz explained, “The RFID tagging will automate the traceability and tracking requirements being mandated by the various State governments, directly into the POS system. RFID will be the industry standard for seed to sale tracking and traceability in the States that have, or will, legalize the medicinal and recreational uses of the cannabis products and derivative products, and we will have an integrated and custom designed RFID system that will quickly emerge as the preeminent and leading RFID system in the industry”. Future announcements by NSAV will elaborate on the detailed use.
In discussing the rollout, Baritz commented, “The systems are already in place, and fully functional, and are currently servicing numerous paying clients, which are currently expanding by more than 10 new clients every day, and it is expected that this growth rate itself will also expand significantly above the 10/day mark, quarter over quarter. Accordingly, regular monthly revenue is now being generated, and incremental growth is expected, and features multiple product platforms that all have their own independent revenue models. “
In a sidebar comment to investors, Mr. Baritz commented: “I would like to thank our shareholders for their many months of steadfast patience, support, and confidence, notwithstanding the suppressed share price and high float, while NSAV conducted the exploration and detailed vetting process to ensure that we brought a viable, sustainable, and revenue generating product platform into the company. The Board of Directors of NSAV is confident that NSAV has found such a platform with PyroTree, and we are moving the company in the direction that will meet the long term expectations of our shareholders and investors to create long term growth and stable equity”.
About Net Savings Link, Inc.
Net Savings Link, Inc. owns and operates a wholly owned subsidiary, Global Distribution Corporation, a distribution company that markets and distributes products in varying industries including the supplement, wellness and natural remedies markets. People interested in learning more about Global Distribution should check back with the company at its website, ww.Globaldistributioncorp.net
DISCLAIMER: This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect the Company's current beliefs and are based upon information currently available to it. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. The Company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information contained in this Press Release including such forward-looking statements.
Contact:
David Pecoraro,
Vice President of Operations
Email: DavidPecoraro@rocketmail.com
Tel : 814-418-6648
with these revenues NSAV to be at .02-.03 at least in the coming months
some more news will explode it with the huge growth path
East to .oo5 with revenue growth and no dilution
Excellent, Long NSAV
Good morning friends,
Steven is finishing the last bio of our CTO and will debut our new acquisition today.
Time to lite the fires
David
Always he is Very good contributor
I am coming
Exactly
if they can pay good salaries which means the business is good
Good Afternoon Friends and Shareholders,
I hope all are having a great 420 week and enjoying a taste of spring. We have released our 10q and the lawyer and auditor are working on the XBRL filing for the 10q today.
We also have been working with them to finalize all the 8k filings and we look forward to them being filed properly.
We are having everything we review at each stage of the progress and upon counsels advice. They are reviewing the details of the acquisition and insuring all proper procedures are followed. Procedural errors are not going to help the shareholders and the company. We will make sure counsel has instructed the company on every step. We are avoiding another DTC procedural error in the future.
The DTC Issue we have finally secured an agreeable investor in the right country and state to present our broker a free trading stock certificate. The broker has advised us this should be the last step to clearing the DTC transfer of shares. As soon as this customer opens and funds an account, we will move this forward. The shareholder has to be a non affiliated shareholder and we have this set up finally.
My next update is on the sec 8k, and our lawyer is very capable and we look for him to file this as quick as he finishes his due diligence. We picked a bad month to accomplish work with an Auditor, accountant and Lawyer. This is their year end for many companies they all work with.
We will share all the new websites and all the information of the new companies after the 8k is filed. 8k Filings are federal documents and we are taking all the steps to create a legal formal entry into the new business sector.
I am hoping this will be the end of all this speculation and disruptive flow of inaccurate information and allow me more time to concentrate on the funding and working with new partners.
We have several projects and offers beyond the start of our new company business model. These need to be explored ahead of the setting of the first couple of board meeting.
First priority at the meeting is address the offers for consulting into long term funding partners, business offers and investor relations.
I know we have much hard work ahead, and I know with our new shareholders and business model all goals are achievable.
We are ready as a new team to help shareholders with information flow as soon as the filings are sent to the SEC.
David Pecoraro
VP of Operations,
8k officially entering us in the medical marijuana service industry.
At least
may be more ,as the huge progress
NSAV Great day for the shareholders and even greater days ahead.
I have talked to the lawyer, the accountant and the auditors. We are on schedule for the 10q and the 8k officially entering us in the medical marijuana service industry.
Our new partners have even added a contract with an Otcqb company to resale the new web platform. They did inform me they had been courted by this company. The CEO likes what we have presented and the contacts Steven & I have added to their future growth.
I have been trading and reporting for years on the lower market. I have added the best we could find in this sector. Steven has reached out to friends and hopes to stir the pot (pun intended) with some great connections.
I will fulfill my dedication to the shareholders and friends from years on Ihub.
I do thank you from the whole new board for this opportunity to add huge new future possibilities in a 58 billion dollar industry the next five years.
David Pecoraro
NSAV VP of operations
Net Savings Link, Inc Global Distribution Inc.
National 420 week celebration starts Monday for global and the world.
Be ready to help the legalization of medical cannibis
Safety and communication will become an integral part of are social and website platforms
Net Savings Link, Inc Global Distribution Inc.
.
National 420 week celebration starts Monday for global and the world.
Be ready to help the legalization of medical cannibis
Safety and communication will become an integral part of are social and website platforms.
it looks good action
Net Savings Link, Inc Global Distribution Inc.
1 min ·
.
National 420 week celebration starts Monday for global and the world.
Be ready to help the legalization of medical cannibis
Safety and communication will become an integral part of are social and website platforms.
its look like ,he knows better than us in dump mgmt.
on face book
Time to put up and shut up for my many friends in the investment world.
I accepted the position of turning the company around today from the inside and not just as the investors relations.
I will be adding my many years of experience and friendships in business, to create something very special for our shareholders.
I will not rest or take a salary in this new position, until I make the shareholders a success.
I have spent many many years and long hours to come to this point.
I firmly believe in taking a friend along in Business, heck this is what my family always did.
There will be some times of stress and times of worry for many, but we will work hard as a new team, too create something very unique.
The formal plans and the new companies names will be out shortly.
Steven Baritz and I look forward to moving this company into the new markets emerging in the US today.
BTW; the people that truly know me, know, I will not shut up from the first statement until the work is done lol
David Pecoraro
Vice President of Operations
Global distribution Inc.
OTC: NSAV
814-418-6648
davidpecoraro@rocketmail.com
david@nutrahorizon.net david@globaldistributionincorp.net
http://www.netsavingslink.com/
https://www.facebook.com/pages/Net-Savings-Link-Inc-Global-Distribution-Inc/361276550714739
Exactly .facts
Always irresponsible
Exactly the same BS
hopping so
and for sure they will try to increase A/S but depends on share price that doesn't move so they will announce for R/s as always they needs money again I hope I m wrong but why they kept the firm name hidden what I thing is very very small firm with a table and 50 years chair and a computer. just don't considered a firm just the ward(content) in the announcement shows a big stuff
lets see
so why the could announce for NUTRA HORIZON and BILLA VIDA BS
What's the name of California firm that is one of the premier developers of a Point of Sale ( POS ) ?
Thanks RIF
their history always repeats it self
All about to have revenue as soon as possible and steady progress to year end ,(if not as the realty and the probability they created )I hope I am wrong ,extra billion is not a problem
Exactly and unfortunately we drug it in the dirty BS
I hope so ,but I cannot believe it
I hope so
I agree with you 110% good and strong points ,but its a news they told us before and it was huge disappointments how long we will take us to see the fruits if they are right my self or my opinion I doubt it is just a morphine as majority otc market SCAMMMMMMMMM
I know many don't agree specially NSAV team but the reality when you lie two times the 3rd one no one will believe it even you are in the progress
9 months we have more debt actually they transfer their debt to the free share holders money
I agree with you but how many time the news of Baritz was always share holder value but he says only ,the reality was opposite if there are numbers udder .0001 we were reach it very fast but almost we are their is zero's
they stated to failed direction .the 3rd will be the same as before again I hope I wrong but the facts
actually they have to show some steady progress not failures after failures which mean disappointing the share holders for 9 months
I hope they could move forward
RIF i am from Canada ,if you spoke with them that's good to know what's going their so let us know the progress