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Net Savings Link Business Update
Dec 27, 2011 (01:12 PM EST)
CLEARWATER, Fla., Dec. 27, 2011 /PRNewswire/ -- Net Savings Link, Inc. (OTC Bulletin Board: NSAV - News), a company in the business of now providing electronically deliverable incentives that increase sales for businesses, organizations and networks, and that provides quality choices of discount deals to the mass consumer market of individuals and families throughout the United States, has released an updated operational report today.
"Net Savings Link, has completed the coding of its new website at www.NetSavingsLink.com which will be available for businesses and organizations as a private labeled site through which they can generate sales, raise money, promote their products and services, and recognize their customers or employees - now under their own brand and logo. We expect to launch the new site, during the first week of 2012, which will open a new market of strategic alliances for us," said David Saltrelli, CEO.
"In October of this year we announced the hiring of a Financial Consulting Firm to assist us in obtaining capital funding for the company. As a result of their efforts, we are currently reviewing several offers to provide the company with the capital necessary to launch our national advertising & sales campaign that targets the 31 billion dollar U.S. Business Premium & Incentive market as well as the U.S. consumer market. We expect to finalize the financing selection by early January 2012.
"In addition, we have consulted 3 of the top SEO & Name Recognition Companies in the United States to provide us with a strategic plan to gain brand recognition. After reviewing recommendations and associated costs, we are planning to complete our selection by early January 2012 as well.
"The Company has been challenged by the substantial capital required to launch a marketing/sales campaign necessary to develop a client base and market share. At the same time the functionality of multiple sites to serve both business and consumer markets were in the process of being completed. Obviously the delay resulting from the necessary conservation of funds has had a significant impact on our stock, which has reached record lows. However, given our current status report, we are looking forward to ringing in a new chapter at the start of the 2012 New Year.
"Our mission is to maximize strategic partnerships with business and organizations and produce thousands of new members. As our 2012-kickoff offer, we are providing an open invitation to groups or organizations that number 10,000 members or more, to receive completely free memberships for 90 days. Members and employees will be able to save 50 – 75% every week on their grocery & dining bills thanks to the sponsoring business or organization for simply contacting NSL headquarters at 727-442-2600."
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.
SOURCE Net Savings Link, Inc.