NTWK - NetSol Technologies, Inc. (NYSE Stock)

[greencat]

NTWK looks like its setting up for an inverted head and shoulders pattern.

NTWK Chart

[BadThad]

Dilution.....doomed for NASDAQ delisting:

NetSol Technologies Announces Closing of $5.8 Million Public Offering
1:46p ET March 7, 2012 (GlobeNewswire) NetSol Technologies, Inc. (Nasdaq:NTWK), a worldwide provider of global IT and enterprise application solutions, announced today that it closed the previously announced offering of 14,500,000 shares at a public offering price of $0.40 per share. NetSol anticipates using the net proceeds from the offering for working capital and other general corporate purposes, which may include product development costs, marketing and sales, repayment of debt and expansion of NetSol's development capabilities.

Aegis Capital Corp. acted as sole book-running manager for the offering.

The securities described above are being offered by NetSol pursuant to a shelf registration statement previously filed with the Securities and Exchange Commission (the "SEC"), which the SEC declared effective on January 26, 2012. A final prospectus supplement related to the offering was filed with the SEC and is available on the SEC's website located at http://www.sec.gov. Copies of the final prospectus supplement and the accompanying prospectus relating to this offering may be obtained from Aegis Capital Corp., Prospectus Department, 810 Seventh Avenue, 11th Floor, New York, NY, 10019, telephone: 212-813-1010 or email: prospectus@aegiscap.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

Current stock price: $0.38

[BadThad]

Good news making the stock move:

http://www.marketwatch.com/story/net...ory-2012-07-12

Current stock price: $0.507

[BadThad]

Up over 9% today....could it be making a move to back over $1? I still can't believe it has not been NASDAQ delisted for having a PPS below $1 this long...nearly a year.

Current stock price: $0.558

[BadThad]

Aug 13th 1:10 RS

SUPER low float with 7.5M OS

NetSol Technologies Regains NASDAQ Compliance



CALABASAS, Calif., Aug. 27, 2012 (GLOBE NEWSWIRE) -- NetSol Technologies, Inc. (Nasdaq:NTWK), a worldwide provider of global IT and enterprise application solutions, today announced that it has received a letter from the listing qualifications department staff of The NASDAQ stating that the Company has regained compliance with NASDAQ Stock Market Listing Rules that require maintenance of a minimum $1.00 per share bid price.

Accordingly, the Company has regained compliance with Listing Rule 5550(a)(2), and this matter is now closed.

"We are pleased that this matter is now behind us and look forward to continuing our concentration on pursuing growth opportunities and enhancing value for all stakeholders," said Najeeb Ghauri, CEO of NetSol.

Current stock price: $4.49

[Ericp501]

This has been moving really nice

[BadThad]

http://www.thestreet.com/story/11689...aded-ntwk.html

[Ericp501]

Look at this go!

[Ericp501]

This thing is running to $20 i bet

[greencat]

NTWK has made a huge move. Not sure what pushing it up but the pullback will be worth watching for an entry.

NTWK Chart