Replies to post #507 on Net Element, Inc. (NETE)

[underweartrader]

Considering they also want to raise the AS, the dilution train is running in full force

[onkelhubert]

following their last 10Q $NETE burned $1.6M and had ~$5M cash. assuming them selling shares at the 52w low to generate cash is ridiculous. what for? they could have waited for a much better price and more money if they just wanted to dilute. imo