NSAV Announces Major Stake In SBCDF Investment, Inc. And STUX Token in $15 Million Transaction
- Written by Newsfile
London, England--(Newsfile Corp. - March 15, 2021) - Net Savings Link, Inc. (OTC Pink: NSAV), a cryptocurrency, blockchain and digital asset technology company, today announced that the Company has acquired a major 25% stake in SBCDF Investment, Inc. (SBCDF), which will soon launch its STUX (SBC Token Unix X). The STUX token will be marketed via all the major social channels such as, Reddit, Discord, Telegram, Twitter and Medium. To complete the transaction, NSAV will issue 500 million restricted Preferred B shares, which are valued at an estimated $15 million. NSAV retains the option to purchase an additional 25% under the same terms.
SBC Financial Group, Inc. https://www.sbcfinancialgroup.com.hk[1] will structure the transaction and advise on the token launch and strategy related to how the token will drive the NSAV ecosystem.
SBC Financial Group, Inc. has a dynamic of disciplines on a broad commercial level and practice. SBC has a strong group of Partners in a wide range of disciplines with seasoned experience in finance, management, and professional practice.
James Tilton, president of NSAV stated, "Once again and for the second time in the past week, I can say that I am thrilled to have the opportunity to work with a company of SBC's proportions. SBC is not only a force on Wall Street, but around the world. Today marks the beginning of a new and exciting era for NSAV and all of its loyal shareholders."
NSAV's vision is the establishment of a fully integrated technology company that provides turnkey technological solutions to the cryptocurrency, blockchain and digital asset industries. Over time, the Company plans to provide a wide range of services such as software solutions, e-commerce, advisory services, financial services and information technology.
For further information please contact NSAV at info@nsavholdinginc.com[2]
The NSAV Twitter account can be accessed at https://twitter.com/nsavtech[3]
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Net Savings Link, Inc. to accomplish its stated plan of business. Net Savings Link, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward- looking statements included herein, the inclusion of such information should not be regarded as a representation by Net Savings Link, Inc. or any other person.
ContactNet Savings Link, Inc.info@nsavholdinginc.com[4]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/77290[5]
References
- ^ https://www.sbcfinancialgroup.com.hk (www.newsfilecorp.com)
- ^ info@nsavholdinginc.com (www.newsfilecorp.com)
- ^ https://twitter.com/nsavtech (www.newsfilecorp.com)
- ^ info@nsavholdinginc.com (www.newsfilecorp.com)
- ^ https://www.newsfilecorp.com/release/77290 (www.newsfilecorp.com)