Net Element’s (NASDAQ: NETE) North American Business Up 40 Percent in First Quarter
North American business up 40 percent in Q1 Track record of phenomenal domestic growth with international growth plan in place Zach’s pegs NETE at $3.12 per share once profitable Currently trading at 65 cents a share, Zach’s Small Cap Research just pegged Net Element (NASDAQ: NETE) at $3.12, five times current market value, once it reaches profitability (http://nnw.fm/wV8IN). The highly respected research firm noted that Net Element’s U.S. business growth was up a phenomenal 40 percent in the first quarter, while the company’s overseas operations and expansion were currently dragging down growth. However, global expansion has been a cornerstone of…