Net Savings Link (NSAV) 10-Q/A 7 Apr 15 2014 Q3 Quarterly report (amended) Financial data

Document_And_Entity_Informatio

Document And Entity Information	9 Months Ended
	Aug. 31, 2014	Oct. 17, 2014
Document and Entity Information [Abstract]
Entity Registrant Name	Net Savings Link, Inc.
Document Type	10-Q
Current Fiscal Year End Date	-19
Entity Common Stock, Shares Outstanding		603,351,218
Amendment Flag	TRUE
Amendment Description	The sole purpose of this Amendment to the Quarterly Report on Form 10-Q for the period ended August 31, 2014, filed with the Securities and Exchange Commission ("SEC") on April 7, 2015, is to furnish the XBRL statements. This amendment does not otherwise change or update the disclosures set forth in the Form 10-Q as originally filed and does not otherwise reflect events occurring after the original filing of the Form 10-Q.
Entity Central Index Key	1432176
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Smaller Reporting Company
Entity Well-known Seasoned Issuer	No
Document Period End Date	31-Aug-14
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	Q3

Balance_Sheets

Balance Sheets (USD $)	Aug. 31, 2014
Current assets
Cash	$13,909
Other current assets	5,889
Total Current Assets	19,798
TOTAL ASSETS	19,798
Current Liabilities:
Accounts payable and accrued liabilities	60,519
Derivative liabilities	196,379
Convertible notes payable, net of debt discount of $22,203	173,777
Total Current Liabilities	430,675
STOCKHOLDERS' DEFICIT
Series A Preferred Stock, $0.00001 par value, 1,000,000,000 shares authorized, 1,500,000 shares issued and outstanding	15
Common stock, $0.001 par value, 1,000,000,000 shares authorized, 603,351,218 shares issued and outstanding	603,350
Additional paid-in capital	-945,107
Accumulated deficit	-69,135
Total Stockholders' deficit	-410,877
TOTAL LIABILITIES AND STOCKHOLDERS'DEFICIT	$19,798

Balance_Sheets_Parentheticals

Balance Sheets (Parentheticals) (USD $)	Aug. 31, 2014
Convertible notes payable, net of debt discount (in Dollars)	$22,203
Series A Preferred stock par value (in Dollars per share)	$0.00
Series A Preferred stock shares authorized	1,000,000,000
Series A Preferred stock issued	1,500,000
Series A Preferred stock outstanding	1,500,000
Common stock par value (in Dollars per share)	$0.00
Common stock, shares authorized	1,000,000,000
Common stock, shares issued	603,351,218
Common stock, shares outstanding	603,351,218

Consolidated_Statements_of_Ope

Consolidated Statements of Operations (Unaudited) (USD $)	3 Months Ended	4 Months Ended
	Aug. 31, 2014	Aug. 31, 2014
OPERATING EXPENSES
General and administrative	$84,912	$84,912
Total Operating Expenses	84,912	84,912
OPERATING LOSS	-84,912	-84,912
OTHER INCOME (EXPENSE)
Gain on derivative	72,382	72,382
Interest expense	-56,605	-56,605
Total Other Income (Expense)	15,777	15,777
NET LOSS	($69,135)	($69,135)
BASIC NET LOSS PER COMMON SHARE (in Dollars per share)	$0	$0
BASIC WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING (in Shares)	287,956,154	224,508,188

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (Unaudited) (USD $)	4 Months Ended
	Aug. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	($69,135)
Debt discount amortization	9,237
Debt offering cost amortization	2,010
Gain on derivative	72,382
Penalty on default of convertible promissory notes	36,978
Increase in accounts payable and accrued liabilities	7,201
Net Cash Used in Operating Activities	-86,091
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from convertible notes payable	106,000
Cash paid for debt offering costs	-6,000
Net Cash Provided by Financing Activities	100,000
INCREASE (DECREASE) IN CASH	13,909
CASH AT BEGINNING OF PERIOD	0
CASH AT END OF PERIOD	13,909
NON-CASH FINANCING ACTIVITIES:
Common stock issued for convertible notes and accrued interest	91,848
Settlement of derivative liability to additional paid-in capital	304,197
Net liabilities of NSL assumed by GDI upon acquisition	$739,686

1_Nature_of_Operations_and_Con

1. Nature of Operations and Continuance of Business	3 Months Ended
	Aug. 31, 2014
Disclosure Text Block [Abstract]
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	1.      Nature of Operations and Continuance of Business
	The unaudited interim consolidated financial statements included herein have been prepared by Net Savings Link, Inc. and its wholly owned subsidiary Global Distribution Network, Inc. (collectively, "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 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 consolidated financial statements which would substantially duplicate the disclosure contained in the audited financial statements as would be required to be reported in Form 10-K have been omitted.
	On June 18, 2014, NSL entered into a Share Exchange Agreement with Global Distribution Inc. ("GDI"), incorporated in the State of New York on May 5, 2014; David Saltrelli and Peter Schuster, holders of all of the issued and outstanding shares of Series A Preferred Stock of NSL; and, Steven Baritz, the sole shareholder of GDI. As a result of the Share Exchange Agreement, Steven Baritz acquired all of the issued and outstanding shares of Series A preferred stock of NSL (1,500,000 shares) from David Saltrelli and Peter Schuster in exchange for Baritz transferring all of the issued and outstanding shares of common stock of GDI to NSL. The shares of Series A preferred stock have 1,000 votes each and represent approximately 66.18% of NSL's voting power.
	Effective June 18, 2013, Steven Baritz was appointed to the board of directors and appointed president, principal executive officer, secretary, treasurer, principal financial officer, and principal accounting officer, David Saltrelli, Peter Schuster, and Jon Wallen resigned as officers and directors.  David Saltrelli and Peter Schuster, will continue to own 7,200,000 shares of our common stock and in the event of any action which causes a reduction in said shares, the Company will issue additional shares of common stock to David Saltrelli and Peter Schuster in order to maintain their ownership in 7,200,000 shares of the common stock.
	For accounting purposes, the Share Exchange Agreement is being accounted for as a recapitalization of NSL, with GDI considered the accounting acquirer. GDI had no assets or liabilities and NSL did not recognize goodwill or any intangible assets as a result of the transaction.  NSL had $739,686 of net liabilities at the date of the transaction. The historical consolidated financial statements presented include only the operations of GDI since its inception and NSL since June 18, 2014.  The Company selected November 30 as its fiscal year end.

2_Going_Concern

2. Going Concern	6 Months Ended
	31-May-14
Going Concern Note [Abstract]
Going Concern Note	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 August 31, 2014, company has accumulated deficit of $69,135 and a working capital deficit of $410,877. 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 2014. 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_Convertible_Promissory_Notes

3. Convertible Promissory Notes Payable	3 Months Ended
	Aug. 31, 2014
Accounting Policies [Abstract]
Significant Accounting Policies [Text Block]	3.      Convertible Promissory Notes Payable
	During the period ended August 31, 2014, the holder of four Convertible Promissory Notes elected to convert a total of $91,848 in principal and interest into 422,520,696 shares of the Company's common stock at an average conversion price of $0.0002 per share.
	During June 2014, NSL issued an Unsecured Convertible Promissory Notes for $53,000 (the "June 2014 Convertible Promissory Note").  The June 2014 Convertible Promissory Note is unsecured, due nine months from the date of issuance, accrues interest at 8% per annum and is convertible into shares of NSL's common stock 180 days from the date of issuance.  The June 2014 Convertible Promissory Note is convertible at a discount from market of 55% of the average of the three lowest bid prices during the twenty trading days prior to the conversion date.
	During June 2014, as a result of the Company's failure to pay amounts due under certain assumed convertible promissory notes from NSL, the Company incurred a penalty of $36,978, which was added to the principal amounts of the respective outstanding Convertible Promissory Notes.
	During July 2014, NSL issued an Unsecured Convertible Promissory Note for $53,000 (the "July 2014 Convertible Promissory Note").  The July 2014 Convertible Promissory Note is unsecured, due nine months from the date of issuance, convertible 180 days from the date of issuance, accrues interest at 8% per annum and is convertible at a discount from market of 55% of the average of the three lowest bid prices during the twenty trading days prior to the conversion date.

4_Derivative_Liabilities

4. Derivative Liabilities	3 Months Ended
	Aug. 31, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities Disclosure [Text Block]	4.      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 period ended August 31, 2014, one Convertible Promissory Notes became convertible into shares of the Company's common stock. The fair value of the conversion options was determined to be $62,279 using a Black-Scholes option-pricing model.  Upon the date the Convertible Promissory Notes became convertible, $23,700 was recorded as debt discount and $38,579 was recorded as day one loss on derivative liability.
	During the period ended August 31, 2014, $91,848 in principal and accrued interest on Convertible Promissory Notes was converted into common stock, $304,197 in related derivative liability was extinguished through a charge to paid-in capital and $72,382 was recorded as a net gain on mark-to-market of the conversion options and warrants.
	The following table summarizes the derivative liabilities included in the balance sheet at August 31, 2014:
	Derivative liabilities May 5, 2014 (Inception)	$	-
	Assumption of derivative due to merger		572,958
	Reclassification of derivative liability to additional paid-in capital due to		(304,197	)
	promissory note conversions
	Gains on change in fair value		(72,382	)
	Balance at August 31, 2014	$	196,379
	The following table summarizes the loss on derivative liabilities included in the income statement for the period ended August 31, 2014:
	Excess of fair value of conversion option derivative liabilities over the related	$	(38,597	)
	notes payable
	Fair value of convertible note default principal penalty		(828,082	)
	Gains on change in fair value		794,297
	Gain on derivative liabilities	$	72,382
	NSL valued its derivatives liabilities using the Black-Scholes option-pricing model.  Assumptions used during the period ended August 31, 2014 include (1) risk-free interest rates between 0.04% to 1.53%, (2) lives of between 0 and 4.76 years, (3) expected volatility of between 200% to 409%, (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.

5_Common_Stock

5. Common Stock	3 Months Ended
	Aug. 31, 2014
Stockholders' Equity Note [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	5.      Common Stock
	During June 2014, the Company issued 45,336,654 shares of common stock for $20,542 of debt, or $0.0004 per share.
	During July 2014, the Company issued 151,112,613 shares of common stock for $37,520 of debt and $2,136 of accrued interest, or $0.0002 per share.
	During August 2014, the Company issued 226,071,429 shares of common stock for $31,650 of debt, or $0.0002 per share.

6_Financial_Instruments

6. Financial Instruments	3 Months Ended
	Aug. 31, 2014
Disclosure Text Block Supplement [Abstract]
Financial Instruments Disclosure [Text Block]	6.      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.
	-8-
	Table of Contents
	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 August 31, 2014:
		Level 1			Level 2			Level 3			Total
	Assets
	None		$	-		$	-		$	-		$	-
	Liabilities
	Derivative financial instruments		$	-		$	-		$	196,379		$	196,379

7_Subsequent_Events

7. Subsequent Events	3 Months Ended
	Aug. 31, 2014
Subsequent Events [Abstract]
Subsequent Events [Text Block]	7.      Subsequent Events
	During September 2014, the Company issued 337,142,857 shares of common stock for $36,240 of debt and accrued interest, or $0.0001 per share.
	During October 2014, the Company issued 117,000,000 shares of common stock for $4,680 of debt, or $0.0004 per share.
	We amended our articles of incorporation to increase our authorized shares of common stock from 1,000,000,000 shares to 3,000,000,000 shares with a par value of $0.001 per share.

4_Derivative_Liabilities_Table

4. Derivative Liabilities (Tables)	3 Months Ended
	Aug. 31, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Summary of Derivative Liability	Derivative liabilities May 5, 2014 (Inception)	$	-
	Assumption of derivative due to merger		572,958
	Reclassification of derivative liability to additional paid-in capital due to		(304,197	)
	promissory note conversions
	Gains on change in fair value		(72,382	)
	Balance at August 31, 2014	$	196,379
Derivative Instruments, Gain (Loss) [Table Text Block]	Excess of fair value of conversion option derivative liabilities over the related	$	(38,597	)
	notes payable
	Fair value of convertible note default principal penalty		(828,082	)
	Gains on change in fair value		794,297
	Gain on derivative liabilities	$	72,382

6_Financial_Instruments_Tables

6. Financial Instruments (Tables)	3 Months Ended
	Aug. 31, 2014
Disclosure Text Block Supplement [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]		Level 1			Level 2			Level 3			Total
	Assets
	None		$	-		$	-		$	-		$	-
	Liabilities
	Derivative financial instruments		$	-		$	-		$	196,379		$	196,379

1_Nature_of_Operations_and_Con1

1. Nature of Operations and Continuance of Business (Details) (USD $)	1 Months Ended	3 Months Ended	4 Months Ended
	Jun. 18, 2014	Aug. 31, 2014	Aug. 31, 2014
Disclosure Text Block [Abstract]
Stock Issued During Period, Shares, Acquisitions	1,500,000
Business Acquisition, Equity Interest Issued or Issuable, Description	1,000
Business Acquisition, Percentage of Voting Interests Acquired	66.18%
Liabilities Assumed		$739,686	$739,686

2_Going_Concern_Details

2. Going Concern (Details) (USD $)	Aug. 31, 2014
Going Concern Note [Abstract]
Cumulative Earnings (Deficit)	$69,135
Working Capital Deficit	$410,877

3_Convertible_Promissory_Notes1

3. Convertible Promissory Notes Payable (Details) (USD $)	1 Months Ended		2 Months Ended	3 Months Ended
	Jul. 31, 2015	Jun. 30, 2014	Nov. 30, 2014	Nov. 30, 2014	Oct. 31, 2014	Sep. 30, 2014	Jul. 31, 2014
Accounting Policies [Abstract]
Debt Conversion, Converted Instrument, Amount		$91,848	$4,680	$36,240
Debt Conversion, Converted Instrument, Shares Issued		422,520,696	117,000,000	337,142,857
Share Price		$0.00			$0.00	$0.00
Debt Instrument, Face Amount		53,000					53,000
Debt Instrument, Interest Rate, Effective Percentage		8.00%					8.00%
Debt Instrument, Convertible, Conversion Ratio	0.55	0.55
Debt Instrument, Convertible Note Payable, Penalty Incurred for Failure to Pay		$36,978

4_Derivative_Liabilities_Detai

4. Derivative Liabilities (Details) (USD $)	3 Months Ended		4 Months Ended
	Aug. 30, 2014	Aug. 31, 2014	Aug. 31, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Notes Payable, Fair Value Disclosure	$91,848	$62,279	$62,279
Amortization of Debt Discount (Premium)		23,700	9,237
Derivative, Loss on Derivative	72,382	38,579
Adjustments to Additional Paid in Capital, Equity Component of Convertible Debt, Subsequent Adjustments	$304,197
Fair Value Assumptions, Risk Free Interest Rate Low Assumptions		0.04%
Fair Value Assumptions, Risk Free Interest Rate, High Assumptions		1.53%
Fair Value Assumptions, Expected Term		4 years 277 days
Fair Value Assumptions, Expected Volatility Rate Low Assumption		200.00%
Fair Value Assumptions, Expected Volatility Rate, High Assumption		409.00%
Fair Value Assumptions, Expected Dividend Rate		0.00%

4_Derivative_Liabilities_Detai1

4. Derivative Liabilities (Details) - Summary of Derivative Liability (USD $)	1 Months Ended	4 Months Ended
	31-May-14	Aug. 31, 2014	Nov. 30, 2014
Summary of Derivative Liability [Abstract]
Derivative liability			$196,379
Assumption of derivative due to merger	572,958
Reclassification of derivative liability to additional paid-in capital due to promissory note conversions	-304,197
Gains on change in fair value	-72,382	794,297
Derivative liability		$196,379	$196,379

4_Derivative_Liabilities_Detai2

4. Derivative Liabilities (Details) - Summary Loss on Derivative Liability (USD $)	1 Months Ended	3 Months Ended	4 Months Ended
	31-May-14	Aug. 31, 2014	Aug. 31, 2014
Summary Loss on Derivative Liability [Abstract]
Excess of fair value of conversion option derivative liabilities over the related notes payable			($38,597)
Fair value of convertible note default principal penalty			-828,082
Gains on change in fair value	-72,382		794,297
Gain on derivative liabilities		($72,382)	($72,382)

5_Common_Stock_Details

5. Common Stock (Details) (USD $)	1 Months Ended
	Aug. 31, 2014	Jul. 31, 2014	Jun. 30, 2014
Stockholders' Equity Note [Abstract]
Stock Issued During Period, Shares, Issued for Debt (in Shares)	226,071,429	151,112,613	45,336,654
Issuance of Stock and Warrants for Services or Claims	$31,650	$37,520	$20,542
Development Stage Entities, Equity Issuance, Per Share Amount (in Dollars per share)	$0.00	$0.00	$0.00
Stock Issued During Period, Value, Issued for Debt Interest		$2,136

6_Financial_Instruments_Detail

6. Financial Instruments (Details) - Fair Value Hierarchy by Level of the Financial Assets (USD $)	Nov. 30, 2014	Aug. 31, 2014
Fair Value Hierarchy by Level of the Financial Assets [Abstract]
Derivative financial instruments	$196,379	$196,379

7_Subsequent_Events_Details

7. Subsequent Events (Details) (USD $)	1 Months Ended	2 Months Ended	3 Months Ended
	Jun. 30, 2014	Nov. 30, 2014	Nov. 30, 2014	Oct. 31, 2014	Sep. 30, 2014	Aug. 31, 2014
Subsequent Events [Abstract]
Debt Conversion, Converted Instrument, Shares Issued	422,520,696	117,000,000	337,142,857
Debt Conversion, Converted Instrument, Amount (in Dollars)	$91,848	$4,680	$36,240
Share Price (in Dollars per share)	$0.00			$0.00	$0.00
Common Stock, Shares Authorized				3,000,000,000	1,000,000,000	1,000,000,000
Common Stock, Par or Stated Value Per Share (in Dollars per share)				$0.00		$0.00