Net Element, Inc. (NETE)

[ash111]

I don't think so.she posted great earnings.1. Net Element continued to report rapid top line growth in 3Q15, with revenues rising to $12.68m, up approximately 110% from 3Q14 revenues of $6.03m.
2.the balance sheet solid.Total Assets value way over current Market cap.
3.Great contract/partnership that will be reflected the upcoming earnings...NETE " launched its online payments processing business in Kyrgyzstan by securing a contract with Daroy.net, the country's largest online clothing store serving retail and wholesale customers from Kyrgyzstan, Russia, Kazakhstan, Armenia and Belarus

just the min bid price is the main issue here but,
NETE is eligible for an additional 180 calendar day. If NETE wants the extension they will get it for an additional 180 days...they just need to have a plan of action to show them.
SO a plan of action or an 1:10 RS.

a small R/S isn't always bad. GEVO,LLTP both did 1/10 R/S and ran 300%-400% in less than a month,i have been on both.