Market Value1 $3,459,995 a/o Jul 24, 2012 Shares Outstanding 209,696,656 a/o Jul 17, 2012 Float 77,600,000 a/o Feb 25, 2011 Authorized Shares 200,000,000 a/o Feb 25, 2011 Par Value 0.001 Shareholders Shareholders of Record 46 a/o Feb 25, 2011 Corporate Actions Ex. Date Record Date Pay Date Dividend (0.00) Dec 01, 2010 Nov 26, 2010 Nov 29, 2010 Security Notes Capital Change=shs increased by 15 for 1 split, payable upon surrender. Pay date=08/24/2010. Capital Change=shs increased by 2.4 for 1 split. Ex-date=12/01/2010. Rec date=11/26/2010. Pay date=11/29/2010. Short Selling Data Short Interest 87 (-99.95%) Jul 13, 2012 Significant Failures to Deliver No Transfer Agent(s) Holladay Stock Transfer http://www.otcmarkets.com/stock/NSAV/company-info
07/18/2012 (14:39 ET) NSAV: Filed New Form 10-Q, Quarterly Report - Edgar
http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=8721608 PART I - FINANCIAL INFORMATION ITEM 1. FINANCIAL STATEMENTS. NET SAVINGS LINK, INC. (A Development Stage Company) Balance Sheets (Unaudited) The accompanying notes are an integral part of these unaudited financial statements. Table of Contents May 31, 2012 November 30, 2011 ASSETS Current assets Cash $ 88,606 $ 174,923 Accounts receivable 25,000 - Other current assets 8,859 2,800 Total Current Assets 122,465 177,723 Property and equipment, net of accumulated depreciation 24,064 30,343 Website development 64,816 72,673 TOTAL ASSETS $ 211,345 $ 280,739 LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) Current Liabilities: Accounts payable and accrued liabilities $ 42,021 $ 35,838 Due to related parties 58,652 41,543 Convertible notes payable (net of discount of $25,157) 222,343 - Total Current Liabilities 323,016 77,381 STOCKHOLDERS’ EQUITY (DEFICIT)
209,697 199,840 Additional paid-in capital 2,787,574 2,493,455 Deficit accumulated during the development stage (3,108,942) (2,489,937) Total Stockholders’ Equity (Deficit) (111,671) 203,358 TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) $ 211,345
Balance Sheets (Unaudited) (Parentheticals) (USD $) May 31, 2012 Nov. 30, 2011 Common stock par value (in Dollars per share) $ 0.001 $ 0.001 Common stock, shares authorized 1,000,000,000 1,000,000,000 Common stock, shares issued 209,696,656 199,839,513 Common stock, shares outstanding 209,696,656 199,839,513
Balance Sheets (Unaudited) (Parentheticals) (USD $) May 31, 2012 Nov. 30, 2011 Common stock par value (in Dollars per share) $ 0.001 $ 0.001 Common stock, shares authorized 1,000,000,000 1,000,000,000 Common stock, shares issued 209,696,656 199,839,513 Common stock, shares outstanding 209,696,656 199,839,513
07/25/2012 (13:13 ET) Net Savings Link Launches Incentive Provider Agreement With Family Savings CoOp That Targets 1 Million Membership Goal From Existing 122,000,000 Relationships - Market Wire
Net Savings Link Launches Incentive Provider Agreement With Family Savings CoOp That Targets 1 Million Membership Goal From Existing 122,000,000 Relationships.
CLEARWATER, FL -- (Marketwire) -- 07/25/12 -- Net Savings Link, Inc. (OTCBB: NSAV), a company that provides Electronically Deliverable Incentives (the "EDI Program"), announced today the signing of an agreement with Family Savings CoOp.
Family Savings CoOp, a for-profit Minnesota 308B Cooperative Association, has signed an Incentives Provider Agreement with Net Savings Link, Inc. whereby Net Savings Link will wholesale certain of its incentive programs to provide benefits for the Basic Members Class of the CoOp. Family Savings CoOp is owned by its producer and consumer Share Members and develops products and services that 1) Educate, 2) Reduce Costs (Savings), 3) Create Entrepreneurship, and 4) Promote Unity. For over 250 years cooperatives have served families and communities across America.
Dr. Robert A. Needham, Founder of Family Savings CoOp, said, "Our association with Net Savings Link has been in the works for almost one year, they have designed a program for us that meets the needs of our Members and will save families thousands annually! Our Membership Drive targets community organizations such as churches, non-profits, charities, and family organizations such as sports and recreation looking to SAVE and EARN money in these tough times. Our Membership goals, for the next 12 months, are to grow to more than 100,000 families and ultimately more than 1 Million in less than 3 years." Family Savings CoOp will launch its nationwide Membership Drive on or about August 15, 2012 with Membership pre-enrollments earlier in the month.
Over two years of market research and surveys have been conducted developing the CoOp and its exciting new concept called "Collaborative Marketing." Some of the religious organizations interviewed, which have expressed interest in immediate membership, have in excess of 15,000,000 members today. One blogging alliance, related to the home mortgage crisis, has more than 7,000,000 readers. A direct marketing alliance has over 100,000,000 double opt-in emails. Dr. Needham said, "We believe our Membership Drive goals are realistic considering we are expecting less than 1% market penetration of our already developed relationships. The real growth will come when these families share with their friends how much they have SAVED and begin to EARN retail bonuses and commissions on new Memberships sold and Patronage Refunds as Share Members."
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.
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