Net Element, Inc. (NETE)

[poppanitrous]

NETE is trading way under the current market cap!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=119655793

Valuation Is Based on Fully Diluted Shares
Now that the preferred stock has been eliminated and replaced with common, we expect the fully diluted shares outstanding to be approximately 127-130 million shares and about 94 million primary shares. At $0.24 a share this is an enterprise value of approximately of $34 million. Based on 2015 estimated revenues Of $38 million, that is or 0.9 times market cap to sales-- an inexpensive valuation based on comparables trading at 4.1 times. By 2016, revenues could be as high as $54 million for another 40% increase, with most of the growth coming from the change in accounting for mobile payments followed by a full year of PayOnline.
If the company could reach profitability and trade at the average valuation of its peer"
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=119607830 .