ORIONS Money Stocks

[matt24d]

It was 24.5 million in financing. They had institutional investors purchase 10.5 million with the option to purchase an additional 14 million shares. Like I pointed out earlier those shares are already being bought up by institutions. But I guess it is up to everyone to decide if they want to own it. I personally feel with them paying off almost all their debt and a clear turn in around taking place in the numbers it is going to be a good one. Then take the fact the purchase of payonline should add about 3.5 million a year in revenue right out the gate. That is at its current growth rate. When they integrate the Net Element products I can see it growing much faster. I think this cash puts them in a very solid spot to grow their business even faster. Hell look at ICLD the last week. This company signed a 15 million credit facility with the terms undisclosed not to long ago and has 49 million in LT debt and this one has gone from 1.50 to almost $4. I think NETE can for sure see a huge run soon.

http://www.marketwatch.com/story/net-element-announces-two-financings-totaling-up-to-245-million-2015-05-01