NetSol International Inc. (NTWK)

[sbc357]

Many, MANY shareholders got worn out with frustration with this company several years ago with many false starts and financing that was extremely questionable and stories about scams and takeovers, etc. My last period of concern about a year ago, other than the political turmoil (which is also a HUGE concern IMO) was that they had taken funds from US invested shareholders for years to fund building a campus over in Pakistan and then, within a rear of selling off a major portion of our share of equity in an IPO on the Pakistan market to Pakistan investors, they gave the Pakistani investors (who had only been invested for a year, IF that long) a dividend, leaving us US-invested shareholders out in the cold with all our losses from all the funding we had provided all those years before.
This made many shareholders real nervous about trusting what management was doing with our investment. Right now, it seems to finally be working out, at least a little bit for us long-term US shareholders, but now the political turmoil has increased the risk a bit, IMO.