Net Savings Link Announces the Acquisition of Global Distribution, a Healthcare Products Distribution Company
CLEARWATER, FL, Jun 18, 2014 (Marketwired via COMTEX) -- Net Savings Link, Inc. (OTC Pink: NSAV) (PINKSHEETS: NSAV), today announced that the company has completed the acquisition of Global Distribution, Inc. Global Distribution is a distribution company that specializes in the distribution of health products to retail stores. Some of the types of products that the company distributes are supplements and vitamins, nutraceuticals, various natural remedies, and in places where it has been decriminalized, medical and recreational marijuana products as well.
Global's strength is that both the supplement/natural remedy, and marijuana product industries are currently very fractured, and local in nature. By offering manufacturers a distribution mechanism to seamlessly get their products into hundreds or thousands of dispensaries or retail establishments, the company is pre-positioned to service and fill a much-needed niche, and become the leader in an emerging industry.
Net Savings Link set out to isolate an opportunity in the market by filling a niche widely ignored, but with huge potential due to changing market conditions. The strategy is to have Net Savings Link file for a name change in the near future and change its overall business model along with its name to that of Global Distribution, Inc. In recognizing the tremendous opportunity in this emerging market, it only makes sense to focus on Global's business model. Global Distribution's CEO, Steven Baritz, will also be appointed to Net Savings Link's Board of directors, and eventually he will be appointed to the position of CEO to take over where previous management left off.
Mr. Baritz commented," I am extremely excited about becoming part of a publicly trading entity because it gives us the reach and access to capital we need to completely dominate this market, and to complete what we originally set out to do." There is no doubt that the Legal and Medicinal Marijuana industry is spreading and growing, and the natural remedy market is also growing in leaps and bounds, so being a company focused in those two previously fractured markets positions Net Savings Link to be a force to be reckoned with in the very near future.
About Net Savings Link, Inc. Net Savings Link, Inc. owns and operates a wholly owned subsidiary, Global Distribution Inc., a distribution company that resells products in many industries including Supplements, natural remedies, and more recently, Medical and recreational marijuana products. Although the company has taken its website down for a major redesign, people interested in learning more about Global Distribution should check back with the company, which aims to re-launch its website before July 1st.
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 catered in this Press Release including such forward-looking statements.
Steven Baritz
Tel: 310-774-2300
SOURCE: Net Savings Link, Inc.
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