Neteller to form plan to release funds to U.S. players within 75 days

[bigboydan]

Neteller PLC Announcement: Neteller to form plan to release funds to U.S. players within 75 days.

The Group is pleased to announce that on 20 March 2007, it signed agreements with the USAO and Navigant which, among other things, outline terms and a timeline under which NETELLER will work toward the orderly distribution of funds to its US customers. Per the agreements, the Group anticipates that within the next 75 days it will announce a plan by which the funds will be distributed to US customers. Navigant will also provide a report to the USAO on the Group's current financial condition.

Full London Stock Exchange Report

[Tchocky]

Glad to see some progress being made regarding this debacle. Still this is probably cold comfort for those with funds at Neteller that still haven't received their money.

[tblues2005]

Thats good news for people here in the U.S. and I see an agreement soon on this issue.

[Sam Odom]

I'll believe it when it happens

[PeterWellington]

This is the best news we've heard in a while but it's not exactly comforting. In 75 days they'll have a *plan* to get us our money back. How much longer do we wait after that? Another six months? Longer? And maybe I'm nitpicking but I never read anything that said "every customer will be paid in full". A portion of U.S. funds were seized and I'm wondering if that money will ever be recovered.

[hanco21]

Thats funny I heard the same thing from BOS. I believe it when I see it.

[pags11]

I'm with sam here...still very skeptical...