JOINT FILING AGREEMENT
Exhibit 99.1
In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them of a statement on Schedule 13D (including any and all amendments thereto, and including any and all such filings made prior to, on and/or after the date hereof) with respect to the common stock, $0.001 par value per share, of Net Element, Inc., a Delaware corporation, and further agree that this Joint Filing Agreement shall be included as an exhibit to such joint filings. In evidence thereof, the undersigned, being duly authorized, have executed this Joint Filing Agreement as of the 21st day of February, 2012.
| /s/ Xxxx Xxx | ||||
| Xxxx Xxx | ||||
| ENERFUND, LLC | MZ CAPITAL LLC (Florida) | |||
| By: | /s/ Xxxx Xxx | By: | /s/ Xxxx Xxx | |
| Name: | Xxxx Xxx | Name: | Xxxx Xxx | |
| Title: | Managing Member | Title: | Managing Member | |
| TGR CAPITAL, LLC | ||||
| By: ENERFUND, LLC, its Managing Member | ||||
| By: | /s/ Xxxx Xxx | |||
| Name: | Xxxx Xxx | |||
| Title: | Managing | |||
| Member | ||||
| MZ CAPITAL LLC (Delaware) | ||||
| By: | /s/ Xxxx Xxx | |||
| Name: | Xxxx Xxx | |||
| Title: | Managing Member | |||
