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From: NetworkNewsWire (Rep: 0)Date: 02/07/2019 16:20
Forum: Penny Stocks - Msg #2743 - List NETE msgs Thread #674062331 (Rec: 0)
NetworkNewsBreaks – Net Element, Inc. (NASDAQ: NETE) CEO Releases Letter to Shareholders Highlighting 2018 Milestones and Initiatives for Year Ahead

Global technology and value-added solutions group Net Element (NASDAQ: NETE) this morning released a letter to its shareholders from its CEO Oleg Firer that highlights 2018 milestones and plans for the year ahead. According to the update, NETE’s 2018 accomplishments include the acquisition of recurring cash flow portfolio from Argus Merchant Services, projected to add over $4 million in gross profits over the next 4 years; ranking on Deloitte’s 2018 Technology Fast 500; winning two categories at ACQ5 Global Awards 2018, with CEO named “Gamechanger of the Year”; and strategic appointments of Jon Najarian of CNBC “Halftime Report” and “Fast Money,” and Jonathan Fichman, fintech & startup executive to Net Element’s board of directors. “For us, 2018 was a year of continued organic growth in the United States,” CEO Oleg Firer stated in the update. “We strengthened our competitive posture by focusing on value-added payment solutions, and along the way executed several complex initiatives, took bold steps to increase our gross margins, and were again regarded as one of the fastest growing technology companies in America.”

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