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To OTC Journal Members: Very Exciting news today on NetSol International (OTC BB: NTWK), Engineering Power (OTC BB: EGPDF), and the investment resources at the OTC Journal. We will cover the outstanding news on NetSol in this edition, and have the news on Engineering Power news release for you in our weekend edition which will go out tomorrow. We have several new features coming soon on our Home Page which investors will love.
When we originally released this profile, the stock was trading at $3.88. Since that time, this stock has traded as low as $1.69, and is now in the $4.50 range. Therefore, anybody that has invested in this stock is making a nice profit. More importantly, those investors that have followed the progress of this Company know that the fundamental developments we have been covering have been outstanding, and it was just a matter of time. The stock is now up 171% from its low since we released our profile, and we're all in the money. Today's news release suggests even higher levels in the future. NetSol International today announced that it has filed an application for a full NASDAQ Small Cap listing. According to their attorneys, they meet all the financial qualifications, and if the stock continues to trade above $4 for 30 consecutive days, they will meet all the listing requirements. Of course, ultimately it is up to the NASD to grant the approval. However, in keeping with our theme of presenting undiscovered companies, this bodes well for this Company to be discovered by Wall Street. Once a stock that trades on the NASDAQ or a listed exchange and exceeds $5 in price, it pops up on the radar screens of institutional money managers that specialize in small and micro cap stocks. If this Company continues to exhibit these growth characteristics, $5 in inevitable at some point in the future. You might want to go to our archive of newsletters on this Company and read about their progress. You can get there from the archive section on our home page, or you can click here. Now, here is today's news release
for your benefit:
Links to Free Downloads
Disclaimer The OTCjournal.com Newsletter is an independent electronic publication committed to providing our readers with factual information on selected publicly traded companies. All companies are chosen on the basis of certain financial analysis and other pertinent criteria with a view toward maximizing the upside potential for investors while minimizing the downside risk, whenever possible. All statements and expressions are the sole opinions of the editors and are subject to change without notice. This profile is neither an offer nor solicitation to buy or sell any securities mentioned. This newsletter is owned by SSP Management, Inc, a wholly owned subsidiary of 1st Net Technologies, Inc ("1st Net"). While we believe all sources of information to be factual and reliable, in no way do we represent or guarantee the accuracy thereof, nor the statements made herein. The editor, members of the editor's family, and/or entities with which they are affiliated, may own stock in and have other financial dealings with the companies who appear in the publication. To that degree, this newsletter should not be regarded to be an independent publication. SSP Management, the parent company of the OTC Journal, has been paid a fee of $50,000 in cash, and 50,000 shares of restricted stock as compensation for representing Netsol International for a period of one year. The OTCjournal.com critiques may contain forward looking statements relating to the expected capabilities of the companies mentioned herein. THE READER SHOULD VERIFY ALL CLAIMS AND DO THEIR OWN DUE DILIGENCE BEFORE INVESTING IN ANY SECURITIES MENTIONED. INVESTING IN SECURITIES IS SPECULATIVE AND CARRIES A HIGH DEGREE OF RISK. THE INFORMATION FOUND IN THIS PROFILE IS PROTECTED BY THE COPYRIGHT LAWS OF THE UNITED STATES AND MAY NOT BE COPIED, OR REPRODUCED IN ANY WAY WITHOUT THE EXPRESSED, WRITTEN CONSENT OF THE EDITORS OF OTCjournal.com. We encourage our readers to invest
carefully and read the investor information available at the web sites
of the Securities and Exchange Commission ("SEC") at http://www.sec.gov
and/or the National Association of Securities Dealers ("NASD") at http://www.nasd.com.
We also strongly recommend that you read the SEC advisory to investors
concerning Internet Stock Fraud, which can be found at http://www.sec.gov/consumer/cyberfr.htm.
Readers can review all public filings by companies at the SEC's EDGAR page.
The NASD has published information on how to invest carefully at its web
site.
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