UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

[X]	QUARTERLY REPORT UNDER TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED MAY 31, 2015
OR
[   ]	TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Commission File Number 000-53346

NET SAVINGS LINK, INC.

(Exact name of registrant as specified in its charter)

Nevada

(State of incorporation)

4747-20 Nesconset Highway

Port Jefferson, NY   11776

(Address of principal executive offices)

(516) 246-6435

(Registrant's telephone number)

Indicate by check mark whether the issuer (1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the last 90 days.   YES [X]     NO [   ]

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (SS 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).   YES [X]     NO [   ]

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.  See the definitions of "large accelerated filer," "accelerated filer," "non-accelerated filer," and "smaller reporting company" in Rule 12b-2 of the Exchange Act. (Check one):

Large Accelerated Filer	[   ]	Accelerated Filer	[   ]
Non-accelerated Filer (Do not check if smaller reporting company)	[   ]	Smaller Reporting Company	[X]

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

YES [   ]     NO [X]

APPLICABLE ONLY TO CORPORATE ISSUERS:

As of July 20, 2015, there were 2,999,837,408 shares of the registrant's $0.001 par value common stock issued and outstanding.

TABLE OF CONTENTS		Page
PART I.  FINANCIAL INFORMATION
ITEM 1.	FINANCIAL STATEMENTS (unaudited)	3
	Consolidated Balance Sheets	3
	Consolidated Statements of Operations	4
	Consolidated Statements of Cash Flows	5
	Notes to the Consolidated Financial Statements	6
ITEM 2.	MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS	9
ITEM 3.	QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.	11
ITEM 4.	CONTROLS AND PROCEDURES.	12
PART II.  OTHER INFORMATION
ITEM 1A.	RISK FACTORS.	12
ITEM 6.	EXHIBITS.	12
Signatures		14
Exhibit Index		15

Special Note Regarding Forward-Looking Statements

Information included in this Form 10-Q contains forward-looking statements that may involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Net Savings Link, Inc. (the "Company"), to be materially different from future results, performance or achievements expressed or implied by any forward-looking statements. Forward-looking statements, which involve assumptions and describe future plans, strategies and expectations of the Company, are generally identifiable by use of the words "may," "will," "should," "expect," "anticipate," "estimate," "believe," "intend," or "project" or the negative of these words or other variations on these words or comparable terminology. These forward-looking statements are based on assumptions that may be incorrect, and there can be no assurance that these projections included in these forward-looking statements will come to pass. Actual results of the Company could differ materially from those expressed or implied by the forward-looking statements as a result of various factors. Except as required by applicable laws, the Company has no obligation to update publicly any forward-looking statements for any reason, even if new information becomes available or other events occur in the future.

*Please note that throughout this Quarterly Report, except as otherwise indicated by the context, references in this report to "Company", "we", "us" and "our" are references to Net Savings Link, Inc. 

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PART I - FINANCIAL INFORMATION

ITEM 1.FINANCIAL STATEMENTS.

NET SAVINGS LINK, INC.

Balance Sheets

(Unaudited)

	May 31, 2015			November 30, 2014
ASSETS
Current assets
Cash	$	12,852		$	9,756
Other current assets		28,403			3,249
Total Current Assets		41,255			13,005
TOTAL ASSETS	$	41,255		$	13,005
LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities:
Accounts payable and accrued liabilities	$	52,866		$	35,647
Notes payable		5,000			-
Notes payable-Related party					2,000
Due to related parties		75,603			67,808
Derivative liabilities		299,018			390,020
Convertible notes payable, net of debt discount of $7,579 and $23,900, respectively		207,801			157,020
Total Current Liabilities		640,288			652,495
STOCKHOLDERS' EQUITY(DEFICIT)
Series A Preferred Stock, $0.0001 par value, 100,000,000 shares authorized, 5,000,000 and 1,500,000 shares issued and outstanding, respectively		50			15
Series B Convertible Preferred Stock, $0.0001 par value, 25,000,000 shares authorized, no shares issued and outstanding		-			-
Common stock, $0.001 par value, 1,000,000,000 shares authorized, 2,999,837,408 and 1,593,677,408 shares issued and outstanding, respectively		2,999,838			1,593,678
Additional paid-in capital		(1,682,803	)		(1,279,643	)
Accumulated deficit		(1,916,118	)		(953,540	)
Total Stockholders' Equity (deficit)		(599,033	)		(639,490	)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	$	41,255		$	13,005

The accompanying notes are an integral part of these unaudited financial statements.

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NET SAVINGS LINK, INC.

Statements of Operations

(Unaudited)

	Three Months Ended May 31, 2015			From Inception on May 4, 2014 Through May 31, 2014		Six Months Ended May 31, 2015
REVENUES	$	-		$	-	$	-
OPERATING EXPENSES
Depreciation and amortization expense		-			-		-
Officer Compensation		668,809			-		705,795
General and administrative		49,924			-		83,507
Total Operating Expenses		718,733			-		789,302
OPERATING LOSS		718,733			-		789,302
OTHER EXPENSE
Loss on derivative		141,653			-		17,417
Interest expense		57,885			-		155,859
Total Other Expense		199,538			-		173,276
NET LOSS	$	(918,271	)	$	-	$	(962,578	)
BASIC NET LOSS PER COMMON SHARE	$	(0.00	)	$	-	$	(0.00	)
BASIC WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING		2,771,773,493			-		2,462,799,551

The accompanying notes are an integral part of these unaudited financial statements.

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NET SAVINGS LINK, INC.

Statements of Cash Flows

(Unaudited)

	For the Six Months Ended			From Inception on May 4, 2014 Through
	May 31, 2015			May 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$	(962,578	)	$	-
Items to reconcile net loss to net cash used in operating activities:
Debt discount amortization		138,321			-
Debt offering cost amortization		8,348			-
Loss on derivative		17,417			-
Preferred stock issued for services		631,000			-
Changes in operating assets and liabilities
Increase in current assets		(24,500	)		-
Increase in accounts payable and accrued liabilities		20,293			-
Increase in related party accounts payable		74,795			-
Net Cash Used in Operating Activities		(96,904	)		-
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from convertible notes payable		104,000			-
Proceeds from notes payable		5,000			-
Cash paid for debt offering costs		(9,000	)		-
Net Cash Provided by Financing Activities		100,000			-
INCREASE (DECREASE) IN CASH		3,096			-
CASH AT BEGINNING OF PERIOD		9,756			-
CASH AT END OF PERIOD	$	12,852		$	-
CASH PAID FOR:
Interest	$	-		$	-
Income taxes	$	-		$	-
NON-CASH FINANCING ACTIVITIES:
Common stock issued for convertible notes and accrued interest	$	72,612		$	-
Discount on convertible notes payable from derivative instrument	$	122,000		$	-
Settlement of derivative liability to additional paid-in capital	$	230,420		$	-
Payment of accrued payroll and related part note payable with common stock	$	69,000		$	-

The accompanying notes are an integral part of these unaudited financial statements.

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NET SAVINGS LINK, INC.

Notes to the Unaudited Financial Statements

1. Nature of Operations and Continuance of Business

The unaudited interim financial statements included herein have been prepared by Net Savings Link, Inc. ("NSL" or the "Company") in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission. We suggest that these interim financial statements be read in conjunction with the audited financial statements and notes thereto included in our Form 10-K for the year ended November 30, 2014, as filed with the SEC. We believe that all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim periods presented have been reflected herein and that the disclosures made are adequate to make the information not misleading.  The results of operations for interim periods are not necessarily indicative of the results to be expected for the full year.  Notes to the financial statements which would substantially duplicate the disclosure contained in the audited financial statements for the most recent fiscal year as reported in Form 10-K have been omitted.

2.Going Concern

NSL's financial statements are prepared using Generally Accepted Accounting Principles applicable to a going concern that contemplates the realization of assets and liquidation of liabilities in the normal course of business.  However, NSL has generated minimal revenue and accumulated significant losses since inception. As of May 31, 2015, company has accumulated deficit of $1,916,118 and a working capital deficit of $599,033. All of these items raise substantial doubt about its ability to continue as a going concern.  Management's plans with respect to alleviating the adverse financial conditions that caused management to express substantial doubt about the NSL's ability to continue as a going concern are as follows:

In order to fund the start-up of operations during the year ended November 30, 2014, NSL entered into several financing transactions and continues to try to raise funds in 2015. The continuation of NSL as a going concern is dependent upon its ability to generating profitable operations that produce positive cash flows.  If NSL is not successful, it may be forced to raise additional debt or equity financing.

There can be no assurance that NSL will be able to achieve its business plans, raise any more required capital or secure the financing necessary to achieve its current operating plan.  The ability of NSL to continue as a going concern is dependent upon its ability to successfully accomplish the plan described in the preceding paragraph and eventually attain profitable operations. The accompanying financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.

3.Related Party Transactions

As of May 31, 2015 and November 30, 2014, the Company owed $75,603 and $67,808, respectively, to the President and CEO of the Company for back due wages.

During March 2015, the company issued 3,500,000 shares of Series A Preferred Stock to its President and CEO in exchange for $67,000 in back due wages and $2,000 in a short-term note.  The stock was valued at the higher of the market price of the common stock on the date of issue or the value of the wages and short-term note amount, recognizing additional compensation expense of $631,000.

4.Convertible Promissory Notes Payable

During the six months ended May 31, 2015, the holder of four Convertible Promissory Notes elected to convert a total of $69,540 in principal and $3,072 in interest into 1,406,160,000 shares of the Company's common stock at an average conversion price of $0.0005 per share.

During December 2014, NSL issued an Unsecured Convertible Promissory Note for $104,000 (the "December 2014 Convertible Promissory Note").  The December 2014 Convertible Promissory Note is unsecured, due approximately nine months from the date of issuance, accrues interest at 8% per annum and is convertible into shares of NSL's common stock at any time at the option of the holder.  The December 2014 Convertible Promissory Note is convertible at a discount from market of 55% of the average of the three lowest bid prices during the fifteen trading days prior to the conversion date.

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5.  Derivative Liabilities

NSL analyzed the conversion options embedded in the Convertible Promissory Notes for derivative accounting consideration under ASC 815, Derivatives and Hedging, and determined that the instruments embedded in the above referenced convertible promissory notes should be classified as liabilities and recorded at fair value due to their being no explicit limit to the number of shares to be delivered upon settlement of the conversion options. Additionally, the above referenced convertible promissory notes contain dilutive issuance clauses.  Under these clauses, based on future issuances of NSL's common stock or other convertible instruments, the conversion price of the above referenced convertible promissory notes can be adjusted downward. Because the number of shares to be issued upon settlement of the above referenced convertible promissory notes cannot be determined under this instrument, NSL cannot determine whether it will have sufficient authorized shares at a given date to settle any other future share instruments. 

During the six months ended May 31, 2015, three Convertible Promissory Notes became convertible into shares of the Company's common stock. The fair value of the conversion options was determined to be $304,772 using a Black-Scholes option-pricing model.  Upon the date the Convertible Promissory Notes became convertible, $122,000 was recorded as debt discount and $182,772 was recorded as day one loss on derivative liability.  

During the six months ended May 31, 2015, $69,540 in principal amounts of Convertible Promissory Notes were converted into common stock (see Notes 4 and 6), $230,419 in related derivative liability was extinguished through a charge to paid-in capital and $165,335 was recorded as a net loss on mark-to-market of the conversion options and warrants.

The following table summarizes the derivative liabilities included in the balance sheet at May 31, 2015:

Derivative liabilities November 30, 2014	$	390,020
Addition of new derivative		304,772
Reclassification of derivative liability to additional paid-in capital due to promissory note conversions		(230,419	)
Gains on change in fair value		(165,355	)
Balance at May 31, 201	$	299,018

The following table summarizes the loss on derivative liabilities included in the income statement for the six months ended May 31, 2015:

Excess of fair value of conversion option derivative liabilities over the related notes payable	$	(182,772	)
Gain on change in fair value		165,355
Gain on derivative liabilities	$	17,417

NSL valued its derivatives liabilities using the Black-Scholes option-pricing model.  Assumptions used during the six months ended May 31, 2015 include (1) risk-free interest rates between 0.01% to 1.52%, (2) lives of between 0 and 4.8 years, (3) expected volatility of between 455% to 925%, (4) zero expected dividends, (5) conversion prices as set forth in the related instruments, and (6) the common stock price of the underlying share on the valuation dates.

6.Stockholders' Equity

Common Stock

During the six months ended May 31, 2015, the Company issued 1,406,160,000 shares of common stock for $69,540 of convertible debt and $3,072 of accrued interest, or $0.0005 per share.

Preferred Stock

During April 2015, the Company authorized the designation of 25,000,000 shares of Series B Convertible Preferred Stock.  Each share of Series B Convertible Preferred Stock will have one vote per share and are convertible into one share of common stock at the option of the holder.

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During March 2015, the company issued 3,500,000 shares of Series A Preferred Stock to its President and CEO in exchange for $67,000 in back due wages and $2,000 in a short-term note.  The stock was valued at the higher of the market price of the common stock on the date of issue or the value of the wages and short-term note amount, recognizing additional compensation expense of $631,000.

7.Financial Instruments

ASC 820, Fair Value Measurements (ASC 820) and ASC 825, Financial Instruments (ASC 825), requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. It establishes a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value. A financial instrument's categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. It prioritizes the inputs into three levels that may be used to measure fair value:

Level 1 - Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities.

Level 2 - Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data.

Level 3 - Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities.

NSL's financial instruments consist principally of cash, accounts payable, and accrued liabilities. Pursuant to ASC 820 and 825, the fair value of cash is determined based on "Level 1" inputs, which consist of quoted prices in active markets for identical assets. The recorded values of all other financial instruments approximate their current fair values because of their nature and respective maturity dates or durations.

The following table sets forth by level with the fair value hierarchy the Company's financial assets and liabilities measured at fair value on May 31, 2015:

	Level 1		Level 2		Level 3		Total
Assets
None	$	-	$	-	$	-	$	-
Liabilities
Derivative financial instruments	$	-	$	-	$	299,018	$	299,018

The following table sets forth by level with the fair value hierarchy the Company's financial assets and liabilities measured at fair value on November 30, 2014:

	Level 1		Level 2		Level 3		Total
Assets
None	$	-	$	-	$	-	$	-
Liabilities
Derivative financial instruments	$	-	$	-	$	390,020	$	390,020

8.Subsequent Events

During July 2015, the Company completed its acquisition of 510 restricted common shares, or 51% of the total 1,000 outstanding common shares of PyroTree, Inc. (PYRO).

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ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.

FORWARD-LOOKING STATEMENTS

This Management's Discussion and Analysis of Financial Condition and Results of Operations (MD&A) contains forward-looking statements that involve known and unknown risks, significant uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed, or implied, by those forward-looking statements.  You can identify forward-looking statements by the use of the words may, will, should, could, expects, plans, anticipates, believes, estimates, predicts, intends, potential, proposed, or continue or the negative of those terms.  These statements are only predictions. In evaluating these statements, you should consider various factors which may cause our actual results to differ materially from any forward-looking statements.  Although we believe that the exceptions reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements.  Therefore, actual results may differ materially and adversely from those expressed in any forward-looking statements.  We undertake no obligation to revise or update publicly any forward-looking statements for any reason.

RESULTS OF OPERATIONS

Working Capital

	May 31, 2015		November 30, 2014
Current Assets	$	41,255	$	13,005
Current Liabilities		640,288		652,495
Working Capital (Deficit)	$	599,033	$	(639,490	)

Cash Flows

	For the Six Months Ended May 31, 2015			From Inception on May 4, 2014 Through May 31, 2014
Cash Flows Used in Operating Activities	$	(96,904	)	$	-
Cash Flows Provided by Financing Activities		100,000			-
Net Increase (Decrease) in Cash During Period		3,096			-

Balance Sheet

As at May 31, 2015, the Company had total assets of $41,255. The assets are mainly comprised of prepaid expenses and cash balances in the Company's bank account.

The Company had total liabilities of $640,288 at May 31, 2015. The liabilities are comprised of $299,018 in derivative liabilities, $207,801 in convertible promissory notes payable, $5,000 in a note payable and $128,469 in accounts payable and accrued expenses.

Conversion of Notes to Shares of Common Stock

We have convertible promissory notes outstanding, the holders of which is Asher Enterprises, Inc. and KBM Worldwide, Inc. (Holders), New York Corporations.  Under the terms of the convertible promissory notes, Holders may convert the amount owed to it to shares of common stock.  During the six months ended May 31, 2015, Holders converted debt to shares of common stock (equity) as follows:

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Date	Conversion Amount	Shares of Common Stock
1-23-2015	$1,950.00	48,750,000
1-28-2015	$3,680.00	92,000,000
2-9-2015	$4,540.00	113,500,000
2-11-2015	$4,540.00	113,500,000
2-19-2015	$4,540.00	113,500,000
3-17-2015	$2,250.00	77,500,000
3-26-2015	$5,000.00	130,000,000
4-1-2015	$6,600.00	110,000,000
4-21-15	$4,020.00	67,000,000

Operating Revenues

The Company received $0 in revenue during the periods ended May 31, 2015 and 2014.

Operating Expenses

During the three months ended May 31, 2015 and from inception through May 31, 2014, the Company incurred operating expenses totaling $718,733 and $0, respectively. Operating expenses were mainly comprised of officer compensation expense of $668,809 during the three months ended May 31, 2015. During May 2015, the Company issued 3,500,000 shares of Series A Preferred Stock to its President and CEO, recognizing $631,000 in compensation expense. Additionally, general and administrative expenses were $49,924 during the three months ended May 31, 2015, compared to $0 during the period from inception through May 31, 2014.

During the six months ended May 31, 2015 and from inception through May 31, 2014, the Company incurred operating expenses totaling $789,302 and $0, respectively. Operating expenses were mainly comprised of officer compensation expense of $705,795 during the six months ended May 31, 2015 as compared to $0 during the period from inception through May 31, 2014. During May 2015, the Company issued 3,500,000 shares of Series A Preferred Stock to its President and CEO recognizing $631,000 in compensation expense. Additionally, general and administrative expenses were $83,507 during the six months ended May 31, 2015, compared to $0 during the period from inception through May 31, 2014.

Net Loss

During the three months ended May 31, 2015 and from inception through May 31, 2014, the Company realized net losses of $918,271 and $0, respectively.  The Company incurred operating expenses totaling $718,733 and $0, recognized $57,885 and $0 in interest expense on convertible notes payable and their related debt offering costs and discounts, and realized a loss of $141,653 and $0 on derivatives for the three months ended May 31, 2015 and the period from inception through May 31, 2014, respectively.

During the six months ended May 31, 2015 and from inception through May 31, 2014, the Company realized net losses of $962,578 and $0, respectively.  The Company incurred operating expenses totaling $789,302 and $0, recognized $155,859 and $0 in interest expense on convertible notes payable and their related debt offering costs and discounts, and realized a net loss of $17,417 and $0 on derivatives for the six months ended May 31, 2015 and during the period from inception through May 31, 2014, respectively.

Liquidity and Capital Resources

As at May 31, 2015, the Company had a cash balance of $12,852, total assets of $41,255, total liabilities of $640,288, and a working capital deficit of $599,033.

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Cash Flows from Operating Activities

During the six months ended May 31, 2015 and during the period from inception through May 31, 2014, the Company used $96,904 and $0 of cash flow from operating activities, respectively, mainly due to net losses of $943,544 during the six months ended May 31, 2015.

Cash Flows from Investing Activity

The Company did not have any investing activities during the periods ended May 31, 2015 and 2014.

Cash Flows from Financing Activities

During the six months ended May 31, 2015, the Company received proceeds of $104,000 from a convertible promissory note, which is unsecured, convertible into the common stock of the Company, due interest at 8% per annum and matures approximately nine months from the dates of issuance and $5,000 for an unsecured, non-interest bearing note due upon demand.  During the six months ended May 31, 2015, the Company paid $9,000 in debt offering costs.

Going Concern

We have not attained profitable operations and are dependent upon obtaining financing to pursue any extensive acquisitions and activities. For these reasons, our auditors stated in their report on our audited financial statements that they have substantial doubt that we will be able to continue as a going concern without further financing. 

Off-Balance Sheet Arrangements

We have no significant off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to stockholders.

Future Financings

We will continue to rely on equity sales of our common shares in order to continue to fund our business operations. Issuances of additional shares will result in dilution to existing stockholders. There is no assurance that we will achieve any additional sales of the equity securities or arrange for debt or other financing to fund planned acquisitions and exploration activities.

Employment Agreement

On April 5, 2015, we entered into an employment agreement with David M. Pecoraro ("Pecoraro") employing Pecoraro as Vice President of Operations.  Pecoraro was to be paid a salary of $79,000.00 per year plus compensation for overtime hours. The employment agreement was subsequently terminated and no compensation was paid. 

ITEM 3.QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.

We are a smaller reporting company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and are not required to provide the information under this item.

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ITEM 4.CONTROLS AND PROCEDURES.

Under the supervision and with the participation of our management, including the Principal Executive Officer and Principal Financial Officer, we have evaluated the effectiveness of our disclosure controls and procedures as required by Exchange Act Rule 13a-15(b) as of the end of the period covered by this report. Based on that evaluation, the Principal Executive Officer and Principal Financial Officer have concluded that these disclosure controls and procedures are not effective because procedures were not in place to provide for timely, complete, accurate reporting of events.  The foregoing was a result of our president's lack of experience with his reporting and disclosure obligations, lack of proper segregation of duties due to limited personnel, and a lack of formal review process that includes multiple levels of review, resulting in audit adjustments related to the derivative liability account, accounting of the Company's convertible debt instruments and conversions and bad debt.  Our president is committed to educating himself through the seminars and consulting with attorneys to become fully knowledgeable with his obligations. In addition, currently there are no written policies or procedures that clearly define the roles in the disclosure and reporting process.  

There were no changes in our internal control over financial reporting during the quarter ended May 31, 2015 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

PART II - OTHER INFORMATION

ITEM 1A.RISK FACTORS.

We are a smaller reporting company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and are not required to provide the information under this item.

ITEM 6.EXHIBITS.

		Incorporated by reference			Filed
Exhibit	Document Description	Form	Date	Number	herewith
3.1	Articles of Incorporation.	S-1	6/09/08	3.1
3.2	Bylaws.	S-1	6/09/08	3.2
3.3	Amended Articles of Incorporation.	8-K	8/06/12	3.1
4.1	Specimen Stock Certificate.	S-1	6/09/08	4.1
10.1	Equity Purchase Agreement with Southridge Partners II, LP.	10-Q	4/23/12	10.3
10.2	Employment Agreement – David M. Pecoraro.	10-Q	5/05/2015	10.1
14.1	Code of Ethics.	S-1	6/09/08	14.1
31.1	Certification of Principal Executive Officer and Principal Financial Officer pursuant to Section 302 of the Sarbanes- Oxley Act of 2002.				X

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32.1	Certification of Chief Executive Officer and Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.				X
99.1	Certificate of Designation.	8-K	8/06/12	99.1
101.INS	XBRL Instance Document.
101.SCH	XBRL Taxonomy Extension – Schema.
101.CAL	XBRL Taxonomy Extension – Calculations.
101.DEF	XBRL Taxonomy Extension – Definitions.
101.LAB	XBRL Taxonomy Extension – Labels.
101.PRE	XBRL Taxonomy Extension – Presentation.

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SIGNATURES

Pursuant to the requirements of the Securities Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized on this 20^th day of July, 2015.

NET SAVINGS LINK INC.
(the "Registrant")
BY:	STEVEN BARITZ
	Steven Baritz
	President, Principal Executive Officer, Principal Accounting Officer and a member of the Board of Directors

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EXHIBIT INDEX

		Incorporated by reference			Filed
Exhibit	Document Description	Form	Date	Number	herewith
3.1	Articles of Incorporation.	S-1	6/09/08	3.1
3.2	Bylaws.	S-1	6/09/08	3.2
3.3	Amended Articles of Incorporation.	8-K	8/06/12	3.1
4.1	Specimen Stock Certificate.	S-1	6/09/08	4.1
10.1	Equity Purchase Agreement with Southridge Partners II, LP.	10-Q	4/05/15	10.3
10.2	Employment Agreement – David M. Pecoraro.	10-Q	4/05/2015	10.1
14.1	Code of Ethics.	S-1	6/09/08	14.1
31.1	Certification of Principal Executive Officer and Principal Financial Officer pursuant to Section 302 of the Sarbanes- Oxley Act of 2002.				X
32.1	Certification of Chief Executive Officer and Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.				X
99.1	Certificate of Designation.	8-K	8/06/12	99.1
101.INS	XBRL Instance Document.
101.SCH	XBRL Taxonomy Extension – Schema.
101.CAL	XBRL Taxonomy Extension – Calculations.
101.DEF	XBRL Taxonomy Extension – Definitions.
101.LAB	XBRL Taxonomy Extension – Labels.
101.PRE	XBRL Taxonomy Extension – Presentation.

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