Acquisition News Led To Significant Buying Pressure

Acquisition News Led To Significant Buying Pressure

By: Dylan Sikes – AllPennyStocks.com News

Tuesday, February 22, 2022

A healthcare micro cap just announced hat the company has agreed to acquire a 50% stake in crypto mining company, HIVE Strategy LLC., with Metaverse Network LLC. (MNC) holding the other 50%. According to the release, as part of the transaction, the company will also acquire a 10% stake in HIVE Codes Inc. Shares of Net Savings Link Inc. (OTCPK:NSAV) rallied strongly on the news. 

Net Savings Link Inc. is a US-based integrated technology company, which is engaged in providing turnkey technological solutions to the legal medical cannabis and hemp industries, as well as other areas of the medical industry. The company focuses on providing software solutions, e-commerce, advisory services, financial services, patents and trademarks, and information technology.

Traders were bullish on the news as shares popped up to $0.02/share (+21.95%) at the session high. This move could potentially be an indication of things to come as it looks like the stock has been finding support as of late. 


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