Neteller Update...

[Zag Nutz]

Here is what I referring to when I disagreed with your thoughts.

Neteller has a profit margin of 48%

Asian and European customer bases both grew over 100% during the last fiscal year.

Production costs (COGS) and G&A should decline significantly if there is a complete withdrawal from the US market. If they have 800+ employees today, expect to see significant reductions in payroll costs as employees are terminated.

And fine (stellar actually) by any liquidity ratio.

All of this will change when they have no USA clients, but will it prevent them from being a viable concern?

My guess -

Everything goes down to a smaller scale and they are 20 - 30% of what they used to be, but they remain in operation.