3SOF

UPDATED NTWK DD 8/29/2010:

====>> MY TARGET: $1.5 to $2.5 after profitable earnings 9/8/2010

NTWK will report its second consecutive profitable quarter (fiscal 4Q 2010) and profitable fiscal 2010 on September 8, 2010. This will be a significant improvement of corresponding fiscal 2009 results.

Guidance 1Q 2011 and fiscal 2011 will be strong and bullish due to the successful introduction of new products and increased revenues from legacy products. NTWK has recently reported strong backlog due to growing China/emerging markets business and stronger US/European sales.

Recent Highlights:

-   Insiders have recently bought over 1 million shares in the open market.
-   The company has announced a 2 million share buyback in July. The 2 million shares will be purchased within 6 months according to the announcement.
-   The company has recently announced a string of large contract wins. The estimated net income for 2011 ranges from 14 – 20c/share on double-digit revenue growth
-   NTWK is currently trading at a fraction of the valuation of companies in the sector
-   The market cap is only $29 million compared o an enterprise value of $45 M

Financial highlights:

-   The results for 4Q and FY fiscal year 2010 to be released on September 8, 2010 will blow away those of 2009
-   Projected revenue of $33 million - $35 million for full year fiscal 201010, which would represent year-over-year growth of 25% - 32%.
-   Revenues for 4Q 2010 will exceed $9M compared to $6.8M in 4Q 2009
-   Net income for 4Q 2010 will  be positive compared to a loss of almost $1M
-   Fiscal 2010 will be profitable vs. a loss of over $8 Million in fiscal 2009.
-   In 3QFY10 NTWK reported in May, 2010 revenues grew 77.8% to $8.9 million up from $5.0 million in the same period last year.
-   3QFY10 license sales grew more than 1,022% year-over-year to $3.6 million.
-   Gross margins for 3QFY10 increased over 50 percentage points to 61.3% in 3QFY10 up from 10.7% in 3QFY09.
-   Net income (loss) for  3QFY10 increased significantly to $589,047, or $0.02 EPS, in from a loss of  $(5.0) million, or $(0.19) EPS, in the same period last year.

Investment Highlights:

-   NTWK's client list includes diverse, multi-national, Fortune 500 manufacturers, global automakers, financial institutions, utilities, technology providers, and government agencies.
-   Clients include Mercedes-Benz, BMW, Volkswagen, Volvo, Yamaha, Nissan, Ford, Mini, Hyundai, Capital One, Chase, and Cisco Systems.
-   The company is front runner in almost half a $billion in software contracts in Pakistan to automate land services as well as military and aviation applications.
-   Netsol's Pakistan division is the countries largest software exporter.  The Pakistan software industry  is expected to rival India's huge worldwide software presence
-   NTWK has never lost a client in its 15 year operating history, due to the unmatched quality of its products and services.
-   NTWK has achieved the designation of ISO 9001, ISO 27001, and SEI (Software Engineering Institute) CMMI (Capability Maturity Model) Maturity Level 5 assessments, a distinction shared by fewer than 100 companies worldwide.
-   The company is involved in varying degrees with several initiatives that could ultimately surpass the scale of its business with credit-based businesses. These opportunities include defense, health care, land records management, property and casualty insurance, and SAP-compatible software.

The bottom line is that NTWK has been under the radar and oversold for too long. The stock should be trading at $3+, but after 4Q/2010 results are reported on September 8, 2010, there is no way to keep this one under $1.5.

==>> About NTWK:

NetSol Technologies, Inc. (Nasdaq:NTWK - News) (Nasdaq Dubai:NTWK) is a worldwide provider of global IT and enterprise application solutions. Product and services offerings include credit and finance portfolio management systems, SAP consulting and services, custom development, systems integration, and technical services for the global Financial, Leasing, Insurance, Energy, and Technology markets.

NetSol Technologies' clients include several dozen Fortune 500 manufacturers, global automakers, financial institutions, utilities, technology providers, and government agencies.
Netsol Technologies is headquartered in Calabasas, California, NetSol Technologies has operations and offices in Alameda, Adelaide, Bangkok, Beijing, Karachi, Lahore, London, and Riyadh

NTWK will likely start going up next week. Here are two must-reads. The first link includes a recent interview, and the the one is a very-recent detailed research report:

http://redchip.com/visibility/investor.asp?symbol=NTWK&from=NY10conf

http://www.redchip.com/files/redchipReports/NTWK_InitialReport.pdf

I forgot to mention that insiders have purchased almost 2% of the O/S shares this year!!


http://finance.yahoo.com/q/it?s=NTWK+Insider+Transactions

Do your dd on this one amigos...


NTWK has reported record backlog due to strong China/Asia business and regaining US footing. The company will report its second consecutive profitable quarter (fiscal 4Q 2010) and profitable fiscal 2010 on September 8, 2010. This will be a significant improvement of corresponding fiscal 2009 results. Guidance will be strong and bullish. Do your DD because this one will be a big winner.

====>> Target: $2+ after earnings 9/8/2010

- The results for 4Q and FY fiscal year 2010 to be released on September 8, 2010 will blow away those of 2009.

- Fiscal 2010 will be profitable vs. a loss of over $8 Million in fiscal 2009.

- Revenue increase from 2009 to 2010 will be in double-digit territory.

- Higher margins because of fast new-product acceptance and contract wins

- Guidance for fiscal 2011 will be strong because of increased backlog due to successful penetration in China/emerging markets and stronger US revenues

- To verify the above comments take a look at the following financials, are read the numerous announcements for large contracts won in recent months:

http://finance.yahoo.com/q/is?s=NTWK

- NTWK has a strong balance sheet with 40c/share cash and 10c/share debt

- On July 27, 2010, NTWK announced a 2 million share repurchase program to be implemented within 6 months.

The bottom line is that NTWK has been under the radar and oversold for too long. The stock should be trading at $3+, but after 4Q/2010 results are reported on September 8, 2010, there is no way to keep this one under $1.5.

==>> About NTWK:

NetSol Technologies, Inc. (Nasdaq:NTWK - News) (Nasdaq Dubai:NTWK) is a worldwide provider of global IT and enterprise application solutions. Product and services offerings include credit and finance portfolio management systems, SAP consulting and services, custom development, systems integration, and technical services for the global Financial, Leasing, Insurance, Energy, and Technology markets.

NetSol's products have achieved ISO 9001, ISO 27001, and SEI (Software Engineering Institute) CMMI (Capability Maturity Model) Maturity Level 5 assessments, a distinction shared by 162 companies worldwide.

NetSol Technologies' clients include Fortune 500 manufacturers, global automakers, financial institutions, utilities, technology providers, and government agencies.

Headquartered in Calabasas, California, NetSol Technologies has operations and offices in Alameda, Adelaide, Bangkok, Beijing, Karachi, Lahore, London, and Riyadh.

NTWK $0.8 Up 4% ahead of profitable/strong earnings 9/8...Strong balance sheet...share buyback for 5% of outstanding shares started on July 27, 2010.   

Target: $2+ after earnings 9/8/2010

- The results for 4Q and FY fiscal year 2010 to be released on September 8, 2010 will blow away those of 2009.

- 2010 will be profitable vs. a loss of over $8 Million in fiscal 2009.

- Revenue increase from 2009 to 2010 will be in double-digit territory.

- Guidance for fiscal 2011 will be strong because of increased backlog due to successful penetration in China and stronger US revenues

- To verify the above comments take a look at the following financials are read the numerous announcements for large contracts won in recent month:

http://finance.yahoo.com/q/is?s=NTWK

- NTWK has a strong balance sheet with 40c/share cash and 10c/share debt

- On July 27, 2010, NTWK announced a 2 million share repurchase program to be implemented within 6 months.

The bottom line is that NTWK has been under the radar and oversold for too long. The stock should be trading at $3+, but after 4Q/2010 results are reported on September 8, 2010, there is no way to keep this one under $1.5


About NYWK:

NetSol Technologies, Inc. (Nasdaq:NTWK - News) (Nasdaq Dubai:NTWK) is a worldwide provider of global IT and enterprise application solutions. Since its inception in 1995, NetSol has used its BestShoring(TM) practices and highly experienced resources in analysis, development, quality assurance, and implementation to deliver high-quality, cost-effective solutions. Specialized by industry, these product and services offerings include credit and finance portfolio management systems, SAP consulting and services, custom development, systems integration, and technical services for the global Financial, Leasing, Insurance, Energy, and Technology markets. NetSol's commitment to quality is demonstrated by its achievement of the ISO 9001, ISO 27001, and SEI (Software Engineering Institute) CMMI (Capability Maturity Model) Maturity Level 5 assessments, a distinction shared by 162 companies worldwide.

NetSol Technologies' clients include Fortune 500 manufacturers, global automakers, financial institutions, utilities, technology providers, and government agencies. Headquartered in Calabasas, California, NetSol Technologies has operations and offices in Alameda, Adelaide, Bangkok, Beijing, Karachi, Lahore, London, and Riyadh

END presented today (8/25/2010) at the World Oil and Gas Energy Conference in Denver. These are some key highlights of today presentation:

http://www.investorcalendar.com/IC/CEPage.asp?ID=161191

http://www.endeavourcorp.com/_presentations/20100825%20Enercom%20Denver.pdf

- Sold Norwegian assets is 2009 for $150 million or about the size of the market cap at the time.

- Kept rich UK gas/oil fields. Cygnus and Rochelle discoveries are world class. Bacchus field with partner Apache will start production in 2011. The Columbus development is 7 times larger than Bacchus. END has refused to sell any of its UK properties. Ultimate reserves in the North Sea are expected to double to almost 100 million Barrels of equivalent oil - BOEO (about $8 Billion or $50+/share).

- END purchased a large asset base in several regions of the US using the proceeds from the Norwegian asset sale. Great move....exploration and production are faster in onshore US than Norwegian offshore.

- END-owned US shale fields have exceeded expectations. I in the last quarter it contributed to 1/3 of the 5.1M BOEO. This compares to ZERO in 2009. US production is expected to double to almost 4M BOEO by year end. The company expects to return to profitability starting this quarter.

- In the new West Rochelle field 100% owned by END, its partners Premier Oil and Nexen are paying for all exploration costs for the rights to keep 25% of the revenues each upon production.

- The new $150 million financing will accelerate production to meet the short-term goal to double production in 2011. The 5-year goal is to increase production ten-fold to about 50M BOEO (about $2/share net income). Refer to diagram on page 5 of the presentation. Future expansions will be paid for with positive cash flow generated from operations.


===> Other important END highlights:

- END management and directors bought over 7 million shares or almost 5% of the total outstanding shares in 2010!!

- Natural gas prices will start to climb with winter ahead. In the near future and thereafter, many LNG and gas-to-liquid plants will come on-stream. What is the raw material? natural gas

- Low share count. About 170 million as of today. Company does not anticipate further dilution


About END:

Endeavour International Corporation (NYSE-AMEX:END)(LSE:ENDV)is an independent oil and gas company focused on the exploration, production and acquisition of oil and gas reserves in the North Sea and United States. The company is currently developing three field discoveries in the United Kingdom sector of the North Sea that will serve as the foundation for production growth over the next two years. In late 2008, Endeavour embarked on an exploratory campaign in the United States to pursue shorter-term, less costly drilling opportunities that complement its longer-cycle North Sea assets. In May, 2009, the company completed the sale of its Norwegian subsidiary for USD $150 million, and those proceeds combined with operational cash flow is funding future growth initiatives.

END $1.15..Over $40/share in Reserves...Huge insider Buying...Expects profitability to grow exponentially.

END owns a significant % of some of the largest recent oil and gas discoveries like Cygnus, Rochelle, West Rochelle, Bacchus, etc.. It has refused significant recent offers for some of its assets....some greater than its current market cap.

The company expect to be profitable going forward and expects to accelerate production significantly starting next quarter.

END will present its updated operational plan and new strategies on 8/25 at the Worldwide Energy Conference hosted by EnerCom.

I expect several important announcement leading to, during, and after the conference

0===>> Here is the latest analyst opinion/coverage:


Global Hunter Securities initiates coverage of Endeavour International (NYSE: END) with a Buy rating. PT $2.90.

Global analyst says, "For Endeavour, future production levels seem limitless, as data for two of their legacy projects have come back favorable only reiterating management's predictions and expectations. Recent information from Endeavour's Rochelle/Rochelle West and Cygnus fields have indicated the potential for Endeavour could be 50 - 84 net Mmboe. Both projects are significant industry discoveries "

Now if you do the math, that is at least $6 Billion dollars in reserves or about $40/share. This does not include new significant holdings in the US. Listen/view the June 17, 2010 company presentation for details....(www.endeavourcorp.com)

0===> Other recent/important highlights:

- On August 16 END reported a non-dilutive $150M financing to accelerate production on many of its rich fields. END's market cap is only $170M as a reference.

- The company expects to be profitable from this point forward. It expects to increase production 10-fold within 2 years.

- END has recently declined offers to purchase some its world-class oil discoveries

- In 2009 END sold a small portion of its holdings fro $150 Million or one times its market cap

- END owns significant share of the world-class Cygnus shallow-water oil and gas discovery in the UK

- The company owns a significant portion of the West Rochelle discovery in the UK. It partners with Nexen, Premier Oil, others.

- END will start producing about 18,000 barrels/day from its UK Bacchus field with partner Apache Corporation

- The company has recently expanded in productive areas of the US....LA. TX, AR, NM, CO, AL, PA, etc.

- Recent well tests at Cygnus, Rochelle, Bacchus, and several US ass have all been successful recently.

- Late this month they will spud a new well on West Rochelle working with partner Premier Oil. Premier will pay 50% of the costs for a 25% equity. Rochelle is a rich area already producing large quantities of oil and gas.

- The company expects a profitable 2011. Profits will start this quarter and will begin ramping up to over $1/share in 2012. All Analysts agree.

- Insiders bought almost 10 million shares since January 2010 or over 5% of all the outstanding shares.

- The 5 analysts covering the stock have a STRONG BUY rating average of 1.4 with a price target North of $3

The recent and upcoming developments will lift END to new 52-week highs in coming weeks. Natural gas prices are expected to spike up starting in September ahead of the winter season enabling END to be profitable the last 2 quarters of 2010.

Happy Trading Amigos.......Do your DD on this one...ground-floor opportunity of a lifetime

For those starting to go a DD on this company, I suggest that you listen/view the June 17, 2010 presentation. This little gem will be a $20+ stock within 2 years.

http://www.investorcalendar.com/IC/CEPage.asp?ID=161191