NSAV ANNOUNCES APPOINTMENT OF SOUTHEAST
ASIA BUSINESS MAGNATE AND SILVERBEAR CAPITAL PARTNER, MR. DATO' SRI
DESMOND LIM, AS INTERIM CHIEF EXECUTIVE OFFICER
London, England -- August 10, 2021 -- InvestorsHub NewsWire
-- Net Savings Link, Inc. (OTC
Pink: NSAV), a cryptocurrency, blockchain and digital asset
technology company, today announced the appointment of Mr. Dato'
Sri Desmond Lim as interim Chief Executive Officer (CEO). Mr. Lim
currently serves as Senior Vice President of Cryptocurrency
Operations for NSAV. Mr. Lim will serve as interim CEO until his
successor is named, which is expected to be within the next two
weeks. As previously announced, the new CEO will be a selected
partner from the leading investment banking firm, Silverbear
Capital Inc. https://www.sbcfinancialgroup.com.hk.
Mr. Lim's appointment will take effect immediately and he will
take charge of the NSAV Cryptocurrency Exchange www.nsavexchange.com project and the related
regulatory, licensing and legal matters.
Mr. Lim is the Co-Founder of the world-renowned World Glove City
Project in Malaysia https://worldglovescity.com and a partner at
Silverbear Capital. Mr. Lim has extensive finance and fund
management experience and is instrumental in turnkey and financial
solutions for Silverbear's private clients. He has access to
numerous global fund managers across the board, in the US, Europe,
China, Hong Kong, Singapore and Malaysia. Under his portfolio
projects, Mr. Lim is responsible for Corporate exercise, Pre-IPO,
implementing investment strategy and managing portfolio trading
activities to provide the best returns to investors and
stakeholders.
Mr. Lim's full Linkedin profile can be accessed at https://www.linkedin.com/in/dato-sri-desmond-lim-90663036/?originalSubdomain=my.
NSAV also announced the resignation of its current CEO, James A.
Tilton, effective immediately. Mr. Tilton, who does not possess a
blockchain or cryptocurrency background, and NSAV's Board of
Directors, mutually agreed that this move was in the best interest
of the Company and all of its shareholders. Management believes
that blockchain and cryptocurrency experience and expertise are
vital qualities in its next CEO, in order to ensure the continued
growth of the Company.
The Company further announced that next week it will be
onboarding a senior technical officer, with Fortune 500 company
experience. This move will further bolster the Company's technical
team.
Mr. Dato' Sri Desmond Lim, Interim CEO and Senior Vice President
of Cryptocurrency Operations for NSAV stated, "We will continue to
pay close attention to the U.S. Senate hearings, in regards to
stricter rules for cryptocurrency and cryptocurrency exchanges and
act accordingly, in order to ensure that NSAV is in full
compliance."
Silverbear Capital Inc. https://www.sbcfinancialgroup.com.hk/ , a leading,
global investment banking firm, will be advising NSAV on strategic
matters relating to the Company's cryptocurrency exchange.
Silverbear will also help guide NSAV in ensuring that its exchange
is continually in compliance, given the rapidly increasing
regulatory environment in the cryptocurrency industry.
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. does not constitute
investment advice, or an offer or solicitation to sell, or a
solicitation to buy, or any other investment product (nor shall any
such shares or product be offered or sold to any person) in any
jurisdiction in which an offer, solicitation, purchase or sale
would be unlawful under the securities law of that jurisdiction.
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
The NSAV Twitter account can be accessed at https://twitter.com/nsavtech
The NSAV corporate website can be accessed at http://nsavholdinginc.com
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.
Contact:
Net Savings Link, Inc.
info@nsavholdinginc.com
