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RobbinGood

05/02/15 4:33 PM

#50355 RE: TaxiCaT #50353

TC, WOWWWW! Only $2,250 in notes left at that time! HOLY SCNANKEES! "Only Mr. Baritz continued, "Since the commencement of our new management team in June 2014, we have paid off nearly $230,000 of the convertible notes that we inherited from the previous directors, including notes that defaulted on May 31, 2014, which predated our current management team. Six notes from 2013, including a $39,000 default fee, were included in this payoff amount, and 2 notes from early 2014 (which were prior to the current management team) were also nearly paid off, leaving an approximate balance as of this writing of only $2,250."

RobbinGood

05/02/15 4:35 PM

#50356 RE: TaxiCaT #50353

Thats 100% proof there is NO DILUTION HERE! BOOOOOOOOOOM! $NSAV

Howyadoing

05/02/15 4:44 PM

#50357 RE: TaxiCaT #50353

Asher = KBM Worldwide

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=107265794

excerpt from NSAV's 10Q:

KBM Worldwide 2014 Note 4

On December 24, 2014, we entered into an agreement for the sale of a Convertible Promissory Note ("KBM Worldwide 2014 Note 4") in the principal amount $104,000 with an interest rate of 8% per annum pursuant to the terms of a Securities Purchase Agreement between KBM Worldwide, Inc. ("KBM Worldwide"), a New York corporation, and Net Savings Link, Inc. The KBM Worldwide 2014 Note 4 closed on January 21, 2015 and matures on September 29, 2015. The KBM Worldwide 2014 Note 4 calculation of variable convertible price is as follows:

The conversion price (the "Conversion Price") shall equal the Variable Conversion Price (as defined herein) (subject to equitable adjustments for stock splits, stock dividends or rights offerings by the Borrower relating to the Borrower's securities or the securities of any subsidiary of the Borrower, combinations, recapitalization, reclassifications, extraordinary distributions and similar events). The "Variable Conversion Price" shall mean 55% multiplied by the Market Price (as defined herein) (representing a discount rate of 45%). "Market Price" means the average of the lowest three (3) Trading Prices (as defined below) for the Common Stock during the twenty (20) Trading Day period ending on the latest complete Trading Day prior to the Conversion Date.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10570498