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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Net Savings Link Inc (PK) | USOTC:NSAV | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.000472 | 7.74% | 0.006572 | 0.001 | 2.00 | 0.007 | 0.0062 | 0.0065 | 25,972,027 | 21:18:39 |
NSAV Provides Details on the new Pyrotree Product Divisions and introduces the new team at Pyrotree Inc, & issues a Permanent Policy Statement.
Port Jefferson, NY -- May 1, 2015 -- InvestorsHub NewsWire -- Net Savings Link, Inc. (OTC: Pink: Symbol NSAV) today has announced through its CEO, Steven Baritz, the details on the new business divisions that it is implementing as a result of the recent closing on the Pyrotree, Inc. (formerly known as Code Kush, LLC ) acquisition last week. In addition, they are detailing the relevant biographic pedigrees of the executive members of the Pyrotree team, which is now a wholly owned subsidiary of NSAV as of the closing of the acquisition. NSAV is also detailing an official policy statement with regard to the specific business intent of NSAV, and specifically, the market arenas that they will avoid as a matter of permanent corporate policy from this point forward.
With regard to the policy statement, Mr. Baritz stated the following: “On behalf of the Board of Directors of NSAV, the following statement is being issued in order to publicly state an unambiguous NSAV corporate policy statement that will clearly describe the context, permanently, of NSAV’s and Pyrotree’s specific degree of participation in the medical and recreational cannabis space. NSAV and Pyrotree Inc., are participating in this space EXCLUSIVELY as a Business Solution Software Firm. Our products will provide complete POS (Point of Sale) functionality, enhanced with tracking, traceability, and payment solutions for the business community within the industry that grows, distributes, markets, and/or sells the cannabis derived products. NSAV and Pyrotree, or any of its current or future subsidiaries, will NOT, under any circumstances, have ANYTHING to do themselves with the actual planting, growing, stocking, manufacturing, selling, reselling, touching, distribution, formulation, or purchasing of the physical cannabis plants, or any product or chemical whatsoever that derives from the production or manufacturing process of the cannabis plant. We will not be “touching” the plant in any way whatsoever; our business will be EXCLUSIVELY operated as a software and hardware business solution provider.”
Mr. Baritz commented, “I have always subscribed to the conventional axiom that Companies are nothing without the people that comprise them. One of the critical considerations that we evaluated during our due diligence process conducted throughout the acquisition period of Pyrotree Inc., was the strengths and pedigrees of the executive management team”. Baritz continued, “NSAV is indeed fortunate to have acquired this committed and experienced brain trust within the executive management team at Pyrotree, and we will now detail their individual pedigrees in this official statement”
Mr. Baritz commented, “This new team has the full confidence and support of NSAV, and we are confident that they will be the turbocharged engine of this new ship that we are carefully navigating”.
Mr. Baritz also provided some additional information on the suite of products of Pyrotree that are currently deployed on the market. “Pyrotree has a sophisticated and impressive suite of products that we confidently believe will have an opportunity to capture a significant percentage of market share of the emerging space that we are entering. Here is an overview of the various products”.
“We are currently deploying several web-based software solutions, PinJoint.com and WebJoint.com. They are the starting point of all our future software systems, and additional announcements on subsequent systems will be publicly released when applicable”, said Baritz.
Mr. Baritz elaborated on the features of Webjoint.com, as follows: “WebJoint software is complete and deployed, and will continually be upgraded on a daily basis, to meet new business demands, along with ever changing State regulations. WebJoint is an all-in-one “seed to sell” software, which will meet the current & future digital needs of the medical and recreational marijuana industry, and will also provide a new secure platform for digital payment, to ensure compliance. By using the proprietary web-based software on WebJoint.com, business owners in the space can build a fully customized website equipped with industry-specific tools. WebJoint also provides the functionality to run and operate the entire frontend and backend of any dispensary, retailer or delivery/transportation service, and to our knowledge, is currently the only existing software suite that meets those objective metrics. We are currently developing an integrated, seamless, and wireless RFID/GPS tracking solution that will track the product cycle from seed to sell, and we are also developing one additional step, which would track the process to the final payment by the end user consumer. This would result in an all-encompassing tracking and traceability solution that we hope to position as the standard for the industry. The RFID system would incorporate product tracking, transfer, invoicing, verification, and taxation into the POS (Point of Sale) system. RFID is expected to be the industry standard for seed to sale tracking and traceability in the States as the legalization process expands.”
Mr. Baritz continued, “On the front end, patients can access a customized website that allows verified users to login and place orders online. Dispensaries, collectives, and retail shops in the space will benefit from having their own website exposure online, as it reduces the need to enlist in expensive third-party directories. Furthermore, through the backend of the system, they have access to tools like a website editor, instant patient verification, a digital loyalty system, a fully equipped POS system, email access to their patients through a secure database, and more.”
Mr. Baritz then elaborated on the features of Pyrotree’s other business solution, known as PinJoint.com. “Pinjoint.com is an industry-specific directory, providing eligible patients the ability to easily find the nearest dispensary or delivery provider. PinJoint.com will be positioned to compete head-on with WeedMaps.com and Leafly.com, which is our current competition. There are several problems with both of these competitive services that PinJoint will be addressing, but at first we’ll mainly use it as a tool to provide peace of mind for business owners that may display initial reluctance to leave third-party directories altogether. With any WebJoint subscription, we’ll offer a free listing on PinJoint.com (for now). We see further refining of this system to be the premier asset tracking and inventory transfer system for all phases of the Medical and recreational transportation system in the US and Canada. “
About Net Savings Link, Inc.
Net Savings Link, Inc. owns and operates a wholly owned subsidiary, Global Distribution Corporation, a distribution company that markets and distributes products in varying industries including the supplement, wellness and natural remedies markets. People interested in learning more about Global Distribution should check back with the company at its website, ww.Globaldistributioncorp.net
DISCLAIMER: This Press Release may contain certain forward-looking statements. The Company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect the Company's current beliefs and are based upon information currently available to it. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. The Company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information contained in this Press Release including such forward-looking statements.
Contact:
David Pecoraro,
Vice President of Operations
Email: DavidPecoraro@rocketmail.com
Tel : 814-418-6648
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