Business
NSAV ANNOUNCES SIGNING OF LETTER OF INTENT TO ACQUIRE MAJORITY STAKE IN LEADING CRYPTOCURRENCY EXCHANGE
NSAV ANNOUNCES SIGNING OF LETTER OF INTENT TO ACQUIRE MAJORITY STAKE IN LEADING CRYPTOCURRENCY EXCHANGE.
About this update from Net Savings Link, Inc.
[{"type":"text","content":"\n London, England, Oct. 22, 2021 (GLOBE NEWSWIRE) -- Net Savings Link, Inc. (OTC Pink: NSAV), a cryptocurrency, blockchain and digital asset technology company, today announced that it has signed a Letter of Intent (“LOI”) to acquire a 51% stake in a leading Cryptocurrency Exchange. The exchange has a 24-hour trading volume in excess of $600 million. Management believes that this acquisition will be a game changer for the Company and a key component in the NSAV ECO-system. Due to a confidentiality agreement, the Company will disclose the name of the exchange upon closing, which is anticipated within the coming week. Dato’ Sri Desmond Lim, Interim CEO and Senior Vice President of Cryptocurrency Operations for NSAV and Silverbear Capital Partner stated, “This acquisition will certainly put NSAV into a higher tier in the blockchain industry. It also will give us a proven foothold in the crypto arena and a solid base to add to our NSAV ECO-system, thus allowing the Company to grow with tremendous speed.” NSAV's vision is the establishment of a fully integrated technology company, which 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, financial services, advisory services and information technology. For further information, please contact NSAV at [email protected] The NSAV Twitter account can be accessed at https://twitter.com/nsavtech   The NSAV corporate website can be accessed at http://nsavholdinginc.com   The NSAV Premium OTC Crypto Trading Desk website can be accessed at https://nsavholdinginc.com/otc-desk/  The NSAV Hong Kong OTC Crypto Trading Desk website can be accessed at https://hkotc.co/  Silverbear Capital Inc. https://www.sbcfinancialgroup.com.hk/, a leading, global investment banking firm, will be advising NSAV on strategic matters related to this transaction. Silverbear Capital Inc. (SBC) 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. https://www.sbcfinancialgroup.com.hk/meet-our-team/.  Disclaimer: Silverbear Capital Inc. do...