I think this is a lifestyle company... If you look at the loans they have, the lenders are part of the CEO's and his brother's other companies. - they charge very high interest rates. I bought into this a while ago and sold out when they started raising capital and having these loans structure. I doubt very much their agenda is to make this a profitable company but keep raising capital and milking shareholders.
There is hardly any revenue from NETS and the deal with Malaysia has gone all quiet.
MNW Price at posting:
1.9¢ Sentiment: Sell Disclosure: Not Held