Replies to post #27 on NetSol International Inc. (NTWK)

[Tingleff]

As I see it Deephaven simply registered to sell the stock.
Someone knowing better, please inform us.

Look in recent filing.
http://www.freeedgar.com/search/ViewFilingsData.asp?CIK=1039280&Directory=912057&Year=01&...

Selling parties:
Deephaven Private Placement Trading Ltd.601,731
Jesup & Lamont Securities Corporation 23,144
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You might also ask either of below Company internal legal advisor, or the new external one:

MALEA FARSAI, ESQ.
GENERAL COUNSEL
NETSOL INTERNATIONAL, INC.
24025 PARK SORRENTO, SUITE 220
CALABASAS, CALIFORNIA 91302
[phone]

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COPIES TO:
KAREN C. GOODIN, ESQ.
Riordan & McKinzie
600 Anton Boulevard, 18th Floor
Costa Mesa, CA 92626
[phone]





Kr
Jens

[Tingleff]

Think I made a poor reply there SB - Deephaven got shares for the funding - Now they sell those shares.
It was I who stated "I'm not for these types....".
I prefer funding directly from the free market of investors. Actually it seems that the Deephaven funding worked like free market. JJ on SI expected the odd behavior of OTCBB funding. - I think that such no longer apply to NTWK.

Article that talk about those odd funding issues:
http://www.taylorstock.com/OTCBB1.html



Kr
Jens