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Monday, March 15, 2021 12:18:27 PM
Press Release | 03/15/2021
Net Savings Link, Inc. (OTC: NSAV), a cryptocurrency, blockchain and digital asset technology company, today announced that the Company has entered into settlement agreements with Pro Music Rights, Inc. (PMR) and its CEO, Jake P. Noch, in regards to a promissory note with the principal sum in the amount of $486,540,000.00, which was issued to PMR as part of a previous settlement agreement between the parties on November 20, 2020. The previous settlement agreement also gave NSAV the right to purchase options in two other companies affiliated with Mr. Noch. These options have since expired. Under the current settlement agreement, Mr. Noch was issued 56,363,107 restricted shares of NSAV common stock and acknowledged that the above referenced promissory note is deemed irrevocably cancelled.
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