 Juan Monteverde, founder and managing partner at Monteverde Associates PC, a national securities firm headquartered at the Empire State Building in New York City, is investigating Net Element, Inc. NETE or the Company Nasdaq: NETE relating to its merger with Mullen Technologies, Inc. Under the terms of the merger agreement, NETE shareholders will own 15 of the issued and outstanding shares of the combined company, with the possibility to acquire up to an additional 6.7 of the combined company depending on the amount of loans from Net Element to Mullen prior to closing. 