Net Element, Inc. (NETE)

[onewhoknows2much]

Augusta...keep your eyes on that SPDL. It's the spec play in this space to own in my opinion. already moving higher in recent days. Clean cap table, no toxic financing and American based with its own PSP, loyalty, POS and marketing solution. True Unified commerce offering. NETE was long overdue for a bounce in light of action of recent months. Not sure if the toxic financing has run its course. Just can't understand why management would ever have done it to begin with. Undermines their credibility in my eyes but could be a good trade if the selling is exhausted. NETE is known for paying stock promoters so I expect more of the same, possibly the start of some today.