The Net Savings Link, Inc. (OTC Pink: NSAV) share price closed up 11.11% to $0.0080 during the past session. While 225.94M shares changed hands during the session, the stock’s price ranged from $0.0071 to $0.0096.
What they do…
NSAV envisions creating a technology company that provides turnkey solutions to the e-commerce and payments, and currency markets. As the Company’s services expand, it will provide software solutions, advisory services, financial services, trademarks, and information technology.
What happened recently…
Net Savings Link has announced Virtua Broker Ltd., an Austrian Cryptocurrency Trading Platform with offices in London and Barcelona. In addition to its AI-powered platform, VirtuaBroker offers complete trading services, including portfolio management, price search functionality, and much more. Their platform supports the following major cryptocurrency exchanges: Coinbase has an estimated annual revenue of $2 billion, Binance has an estimated value of $4 billion (cryptocurrencies), Bitfinex had an estimated profit of $376 million in 2018, and Kraken has an estimated revenue of $1.25 billion. With Tesla recently joining the Crypto revolution, NSAV’s management believes that this will fulfill the Company’s aim to be a significant player in the over $200 billion annual markets. At the end of March, the Company plans to begin the global launch of VirtuaBroker.
A 24/7 Account Manager offers a cryptocurrency trading platform powered by artificial intelligence. The optimal trading experience will be provided to customers with time savings. Users have access to the AI Platform, which enables them to optimize trades based on their selected objectives, and they can make decisions using data obtained from market sentiment. The security policy at VirtuaBroker is the Company’s central pillar. The approach is based on a five-tiered security stack including Fraud Protection, Privacy Protection, Encryption, and Network Defenses.
Directors of NSAV and VirtuaBroker signed the agreement on Wednesday. February 28th, 2021 is the planned closing date.
Earlier this month, NSAV announced that the Company had finalized an amendment to its Articles of Incorporation, which would prevent NSAV from enacting a reverse stock split. Public access to the amended articles can be found on the Colorado Secretary of State’s website.
While its price has soared more than 225% to start, bitcoin’s current run is markedly different from the bitcoin craze of 2017… Very much so.