Net Element Provides Business Update
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Net Element (NETE) Provides Update, Says Share Price Does Not Fairly Represent Potential
June 23, 2015 11:52 AM EDTNet Element, Inc.(NASDAQ: NETE) said in response to shareholder inquiries regarding the recent decline in share price and a resulting price non-compliance notice received from NASDAQ, Net Element management wishes to update shareholders on its business especially in light of our recent capital infusion.
The Company's primary goal in the second half of 2015 is to integrate PayOnline's value-added technologies with its US offerings and to execute on our objective to become a premier payments-as-a-service company with a centralized, omni-channel, global platform.
The first half of 2015 was spent completing the financial... More
