Net Element, Inc. (NETE)

[onewhoknows2much]

At this point Augusta, I'm going with SPDL as my spec play on this space. I can no longer trust management here and they've destroyed the cap structure with the toxic financing. Also, I'd rather gamble on a US small player rather than a foreign one like NETE. I expect a possible move higher in SPDL near term. Check out the recent 13D filed by former CEO of BlockBuster where he bought almost 10% of SPDL in a single transaction. Has to be something behind his recent purchase and he also owns Alpha Bay.