NSAV Holding Inc (NSAV)

[PayDirt!]

RE-POST, IT'S COMING FOLKS
NSAV announces the signing of a Memorandum of Understanding (MOU) to finalize the terms of the expected closing of the acquis...

NSAV announces the signing of a Memorandum of Understanding (MOU) to finalize the terms of the expected closing of the acquisition target that was referenced in our April 2, 2015 public announcement. We are also announcing the appointment of David Pecoraro to the Board of Directors as the Vice President of Operations of NSAV. GREAT JOB DAVID

Port Jefferson, NY -- April 15, 2015 -- InvestorsHub NewsWire -- Net Savings Link, Inc. (OTC: Pink: Symbol NSAV) today has announced through its CEO, Steven Baritz, the fully executed Memorandum of Understanding (MOU) to finalize the terms of the expected closing of the acquisition that was referenced in our April 2, 2015 public announcement. Mr. Baritz commented, “as previously announced, we are on target to close on the acquisition of a California firm that is one of the premier developers of a Point of Sale ( POS ) , traceability, and marketing system that will be providing essential servicing to an emerging market space that is one of the fastest and largest growing retail and delivery industries in he the U.S.”

Mr. Baritz elaborated further, “The targeted firm is currently producing regular monthly revenue that is growing incrementally, and additionally, features multiple product platforms that all have their own independent revenue models.WE'RE IN THE MONEY Each of these product platforms work synergistically with each other, and will allow business expansion via cross marketing to the client/customer base, as each of the products work seamlessly with each other with cross dependency in some instances. In our previous public announcement, we had expected to close on the acquisition by April 15, but auditing delays due to the higher than anticipated workflow by the auditors, have necessitated a slight adjustment on our initial expectations. Barring any unforeseen events, we now expect to close by April 20th, in tandem with our required SEC 10Q filing, and the closing may be referenced in the 10Q, depending on timing.”

In a sidebar comment to investors, Mr. Baritz commented: “ I am confident that we are moving the company in the direction that will meet the long term expectations of our shareholders and investors. NSAV appreciates and expresses sincere thanks to our long term shareholders, and their continued support, confidence, and reasonable patience for us to fully develop our outlined goals for the future and sustainability of NSAV. WE HAVE A CEO THAT APPRECIATES IS SHAREHOLDERS AWESOME We are doing everything possible to formulate the best possible outcome to create long term growth and stable equity in the firm. We expect to attract more shareholders, resources, and investors as our company continues to take shape in a recognizable direction and intent.”

NSAV is also announcing the appointment of David Pecoraro to the Board of Directors as the Vice President of Operations of NSAV. Steven Baritz, the President/CEO of NSAV and Global Distribution commented, “NSAV is pleased to announce the appointment of Mr. David Pecoraro to the Board of Directors as the Vice President of Operations of NSAV. He has operated a comprehensive social media newsletter that tracks and follows trends of long term investment activity in various financial venues. Mr. Pecoraro's detailed business tenure also features him as a principal in a high value product transportation business. He also held senior management positions with top firms such as Durkee/French's, whereby he assisted in distribution growth, and developed new retail outlets and corporate accounts for the firm. Baritz added, “David has significant experience in the public entity arena, and is eminently qualified to address shareholder's feedback on multiple levels. He has been an instrumental member of our core staff, whose tireless efforts and valuable input and strategic guidance were significant contributory factors for his appointment to the Board of Directors, and we expect he will serve well in that capacity.”