Net Element, Inc. (NETE)

[SaifCAL]

here is what i see good points and promising in Q2 (the below from Q1 report):

1-introduced Aptito in Russia, working on that and that may take 3 months.

2-currently using third-party gateways for our business. By bringing PayOnline, we project lower costs for the transactions by not going to foreign gateways and by having our own.

3-We signed up over 1,500 new merchants.

4-During the first quarter of 2017, we expanded our service offerings to several new markets, which included continued expansion of our Direct Carrier Billing services to Poland and Turkey through integration of our proprietary Trinity Platform with all major operators in the region, including T-Mobile and Orange, allowing access to 113.5 million mobile users in these markets.

5-With respect to PayOnline, we are in the final stages of certifying in the United States. So we project that PayOnline will be live in U.S. probably within next 30 days, 30 to 45 days. We are in the final stages of testing certifications.