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Re: matt24d post# 345981

Monday, 06/01/2015 12:16:18 PM

Monday, June 01, 2015 12:16:18 PM

Post# of 648867
here's a email reply from Nete:

"Hi XXX,

Thank you for your interest and support in Net Element. We are very excited about the PayOnline acquisition and what it will mean for our future in terms of profits, platform and product offerings.

The Company does not issue guidance but we are covered by Zack’s and See Thru Equity who put out guidance in their research.

We are in the process of auditing the PayOnline numbers and determining our accounting treatment for same so this is why we have not issued any numbers on this acquisition.

We appreciate your continued support.

Best,
Jon"

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