Penny Press Releases

[BionicBoy]

Summary Update for Net Savings Link, Inc

et Savings Link, Inc. (OTC Bulletin Board: CXLT - News), a company in the business of offering quality choices of discount deals to the mass consumer market of individuals, families, organizations, and networks throughout the United States, filed an 8K summarizing their business model and sales plan. A summary of the 8K filing appears below; please see SEC Filing for complete details.

General

We have spent the past year researching and selecting discount and savings offers, and designing and developing our website with the assistance of several professional contractors. On March 1, 2011, we commenced limited operations by opening our website to the general public. We have acquired a limited number of members, at no cost for a membership, as part of our limited opening strategy.

Products

We offer membership to our website that is designed to save individuals and families money on everyday expense items such as groceries, dining, travel, retail shopping, debt service, insurance, and phone service - as examples. These money saving products and services are developed by approximately 2,500 3rd parties, then organized into various categories and presented at our website through web links.

Online Shopping

Our website, netsavingslink.com, will be available 24/7 for our members, and, on a limited access basis, for those considering purchasing a membership. All discount deals and savings offers have been organized by category and presented in a user-friendly menu. In addition, graphic user guides and electronic books (e-books) have been provided in order to provide the customer with the highest degree of navigation ease and maximum use of the savings offers presented.

Purchasing

Once our customer selects a category and clicks on a specific discount deal or special offer that they are interested in purchasing, they are "transported" by electronic link directly to the originating site of the offer where they can gather as much information as they need to make a purchase or no purchase decision. If they decide they wish to purchase, they present their credit card at the 3rd party site and the secure transaction is subsequently concluded.

Marketing

Net Savings Link intends to implement the following major marketing strategies throughout the United States:

1. Net Savings Link intends to mass market memberships to major corporations, organizations, associations, unions and networks to provide their employees, customers, members, and associates memberships to Net Savings Link as a benefit or incentive that is designed to provide them discounts and savings.

2. Net Savings Link intends to mass-market memberships to Churches and Non Profit Organizations who would benefit from using the membership as a fund raising product. Net Savings Link has designed a turn key package including generic flyers, web banners this target market to solicit their own membership base, collect their own contributions, and then remunerate Net Savings Link on a weekly basis for bulk memberships sold.

Statements included in this update that are not historical in nature, are intended to be, and are hereby identified as, "forward-looking statements". Forward-looking statements may be identified by words including "anticipate," "believe," "intends," "estimates," "expect," and similar expressions. The Company cautions readers that forward-looking statements including, without limitation, those relating to the Company's future business prospects are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements, due to factors such as those relating to economic, governmental, technological, and other risks and factors identified from time to time in the Company's reports filed with the SEC.

Contact:Net Savings Link, Inc.David Saltrelli, [e-mail]

SOURCE Net Savings Link, Inc.

http://ih.advfn.com/p.php?pid=nmona&article=48574878&symbol=CXLT