Replies to post #2787 on Net Element, Inc. (NETE)

[cjstocksup]

Also we will have large block traders up on the ask above as we head back up that got nice fills on that drop this AM. We also had the same yesterday at about .23 that we took out with solid buys of a few hundred K shares to take NETE green to .24 if you remember all that massive buying pressure on the ask toward the EOD yesterday. I have to go but I hope everyone will put up massive bids from here on out just under these ask blocks so they fall with ease and NETE can run with ease ahead. Tomorrow the news should be out there. I hated that they sent it out mid morning instead of pre market. Hopefully tomorrow we get a huge run off that news. It is big $$$ news for us. The Russian Gov. using our card is massive. We will be like Master Card and Visa over there for payment cards. I hope the same big $$$ players that came in at 30 to 40 million shares a day when we ran to .43 will move in soon and take us up over .50 heading back to dollars above ahead.

[cjstocksup]

NETE more huge news in a new filing. NETE got approved by the Nasdaq to remain listed on the Nasdaq until June 2016 where we have time now to get above $1.00 and remain there. I love it. Get ready. The next NETE HUGE run is so close after todays HUGE positive PR's once the word spreads.
http://ih.advfn.com/p.php?pid=nmona&article=69744077

"On December 17, 2015, Net Element, Inc. (the “Company”) received a letter from the Listing Qualifications Department (the “Staff”) of The NASDAQ Stock Market notifying the Company that the initial period of 180 calendar days previously provided by the Staff to the Company to regain compliance with the NASDAQ Listing Rule 5550(a)(2) with respect to the minimum requirement for the closing bid price for the Company’s common stock for continued inclusion on The NASDAQ Capital Market (the “Rule”), was extended for an additional 180 calendar day period, or until June 13, 2016, to regain compliance with the Rule.



If the Company does not regain compliance with the Rule by June 13, 2016, the Staff will provide written notification to the Company that its common stock may be delisted. At that time, the Company may appeal the Staff’s delisting determination to a NASDAQ Hearings Panel (“Panel”). If the Company timely appeals, it would remain listed pending the Panel’s decision. There can be no assurance that, if the Company does appeal the delisting determination by the Staff to the Panel, that such appeal would be successful.



The Staff letter has no effect on the listing of the Company’s common stock at this time. The Staff advised the Company that, if at any time during this additional time period, the bid price for the Company’s common stock closes at $1.00 or more for a minimum of 10 consecutive business days as required under Listing Rule 5810(c)(3)(A), the Staff will provide written notification to the Company that it complies with the Rule.



The Company notified the Staff of its intention to regain compliance with the Rule during such additional compliance period, including by committing to effectuate a reverse stock split (which was approved by the Company’s stockholders at a special meeting of stockholders held by the Company in November of 2015) within such additional period to regain compliance (assuming the bid price requirement under the Rule is not otherwise satisfied within such period)."