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  1. #1
    Bill Dozer's Avatar Administrator
    Join Date: 07-12-05
    Posts: 9,092
    SBR Points: 2931
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    Default Neteller statement 10-12

    As stated in an announcement of 2 October 2006, the Company, in conjunction with its advisers, continues to monitor the progress of the Act and likely resultant regulations. The Company expects to have a clearer view of how financial services companies can comply and any possible resulting impact on its business as the regulations are drafted in the 270 days following the signing of the Act. In the meantime, the Company will continue to operate its business to minimise any potential adverse impact, maintaining existing customer and merchant support across all the markets it currently serves.

    SBR Founder Join Date: 7/12/2005


  2. #2
    Bill Dozer's Avatar Administrator
    Join Date: 07-12-05
    Posts: 9,092
    SBR Points: 2931
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    Default

    As at 12-Oct-2006 14:48:50
    188.000 Price Move +12.00 +6.82%

    SBR Founder Join Date: 7/12/2005


  3. #3

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    Thanks Bill for the information and keep us up to date on this situation. Do you have idea on Citadel on what they are planning on doing also? Thanks.

  4. #4

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    Report in WSJ saying they plan to stay in US market. Was rep at a conference, but at least is a little positive.

    SBR Founder Join Date: 8/10/2005


  5. #5

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    yeah, lakerfan...definitely good news...

    SBR Founder Join Date: 8/18/2005


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