NETeller to Miss AIM Deadline
NETeller previously the most popular online gambling payment and money transfer method online, stated today in a press release that they will not be able to complete and distribute their full year accounts for share-holders by the 30th of June, this due primarily to an ongoing inquiry the company is facing in the United States.
Rule #19 of the AIM establishes a requirement that all AIM listed companies (including NETeller) supply shareholders with an accounting no more than 6 months following the end of a financial year. According to the press release, NETeller's shares are still under suspension, and NETeller has been advised by the United States Attorney's office to utilize make a very strong effort toward resolving the US investigation no later than the 13th of July.
A spokesperson from NETeller said the company is doing it's utmost to finalize and post their audited accounts, and will announce the full year results to the market.