Alternet Systems Inc. (ALYI)

 




WARNING !!  Pump-N-Dump in Progress.

Fake Electric Motorcycle Scheme

BUYER BEWARE !

MUST READ ...,"POST 8853" !!!
It’s not JUST bad PRs or a bad presentation. This CEO ran two scams and then ditched them. A Kenyan condom factory w promised $50MM contracts at ANCE and a cannabis water scam at PJET. How much more do you need?

This is why I think it is a scam.
More major fraud flags than any company I have ever seen. Accounts receivable growing with no increase in cash - one of the most common fraud flags. Revenues from least 2 years without any payment (and some of the work was COMPLETED at least two years ago or they could not book them according to standard revenue recognition and ALYI’s own policy.). The value of the digital currency Ven remained constant once again despite being a digital currency that fluctuates versus the dollar. Impossible. CEO Randy Torno doesn’t have ALYI on his LinkedIn page just like Alex Wash doesn’t list that he was CEO of LEXG for years on his LinkedIn page. Instead Torno only lists his current work with an international consulting firm and probably (this part is my guess as to why but what other reason would he have to hide what is supposedly his MAIN JOB?) hides his ALYI involvement due to his real job’s strict ethics policy (that is not supposition - they have a huge focus on ethics and compliance). Randy Torno went silent after he promised a large Kenya contract that never happened while at ANCE (sound familiar?). The fact that Randy was the only board member of PJET which had a full time college student as the CEO (again not on his or Yasmine Acebo’s LinkedIn profiled les) while he gave it away for literally nothing and went silent. The fact that he, even for a short period of time, PR’d a potential partnership with LEXG which the least amount of due diligence would have revealed was a fraud prior to issuing these PRs. The first $2.5 of financing supposedly being used to build a conference center is bizarre. That the ICO research was performed by paid for pumper Rob Goldman. Paying for PRs and paid research when they supposedly already have $100MM of funding lined up. Why does it take so long to go from PR to LOI to funds? It’s not like they are re-inventing contract law. How good is the intent of milestones and details are so unresolved? Being run by one part time CEO with no technical skills and one fundraising (no marketing or technical skills) consultant, the misrepresentation of Professor Mitlin’s role in the technology, the hinting that ALYI was partnered w a major company when it turned out that will be, in some way, for a conference not for product, the amount of time required for the US and Africa contracts (yes US contracts are also still promised just not retail) but to come to fruition, the assumption that anyone would invest or order from a company with no financial or engineering resources (despite Randy saying companies needed product immediately in just in time delivery), the fact that they fund via dilution and an ICO scam rather than legitimate venture capital or partnering. The unauthorized use of Steve McQueen and then keeping up unlicensed pictures of Conan O Brien and Johnny Deppy riding aural sand Harleys to make it look like they own something ALYI built and keeping that site up to make it look like they are still planning to sell retail (they are not - that plan made the time window to easily fact check the fraud too soon), and the fact that Randy says ALYI needs “just in time” manufacturing when the alleged buyers are obviously willing to wait years to buy from a company with no workers, no financial resources, and no technology (no patent assets on the balance sheet - they dropped these years ago when the couldn’t afford to pay Air Products the licensing fee - google the patent numbers in their disclosure which they never update including saying Randy is “expected” to get his PhD in 2017). No shareholders agreement, no board for oversight, only one controlling vote holder via preferred shares all to allow unlimited dilution without a vote.
Henryk Dabrowski is leading the ICO for ALYI according to today’s P.R.

https://ih.advfn.com/stock-market/USOTC/alternet-systems-pk-ALYI/stock-news/82913090/alyi-introduces-100m-revolttoken-ico-to-expand-el

After having been CEO at ALYI with the stock going nowhere, Henry joined CIAU to lead their cryptocurrency efforts (and notice this beauty in the link below about his accomplishments at at ALYI - thankfully the LEXG partnership didn’t go anywhere since too many people knew LEXG was a scam) “Mr. Dabrowksi Comes To CIAU As ALYI Enters Into Deals With USMJ and LEXG”

https://www.google.com/amp/s/markets.businessinsider.com/amp/news/Ciao-Group-Names-Henryk-Dabrowski-from-Alternet-Systems-to-Lead-Cryptocurrency-Initiative-to-Include-Bitcoin-and-Blockchain-Solutions-1002070478

While at CIAU they announced an ICO “backed by stocks of a $530B African Market Capitilization” (sound familiar?)

https://www.otcmarkets.com/stock/CIAU/news/Ciao-Group-Announces-Investment-Token-Backed-By-530-Billion-African-Financial-Market?id=166976

Then the SEC temporarily suspended CIAU for the ICO

"" rel="nofollow noopener noreferrer ugc" target="_blank">https://corpgov.law.harvard.edu/2017/10/30/sec-enforcement-against-initial-coin-offering/"; rel="nofollow noopener noreferrer ugc">https://www.google.com/amp/s/www.crowdfundinsider.com/2017/08/120619-sec-suspends-trading-ciao-group-advance-ico/amp/ https://corpgov.law.harvard.edu/2017/10/30/sec-enforcement-against-initial-coin-offering/

But after the suspension, plans for the ICO were cancelled, management never issued more disclosure or filings and CIAU remains skull and crossbones

https://www.otcmarkets.com/stock/CIAU/overview

The chart looked so good up until the ICO fizzled!
See the last five years - ICO was pitched in 2017.
https://finance.yahoo.com/quote/ciau/

What could possibly make someone think this is real? The fact that a two time scammer CEO says so?




NEWS FLASH 
THE PR WE WERE ALL WAITING FOR WAS ANOTHER FLOP an EXCERPT FROM MY FAVORITE  PART,

The design of the ReVolt Electric Motorcycle and the exact nature of the anchor event are under wraps at this time, but news on both will be coming soon.

LOL ,LOL,LOL......,
BUT OF COURSE OR SHALL I SAY PAR FOR THE COURSE 

REMEMBER THESE ARE THE SAME BIKES PROMISED FOR THE HOLIDAY SEASON OF 2018!!!

DOES ANYONE KNOW WHAT HAPPENED TO THESE BIKES .....,THEY SEEM TO BE M.I.A.

 

ALYI – Alternet Systems Confirms Electric Motorcycle Fleet Order In Texas

 

  

September 16, 2019 11:40 ET | Source: Alternet Systems, Inc.

 

 

DALLAS, Sept. 16, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Alternet Systems, Inc. (USOTC: ALYI) today confirmed a fleet order for an initial 50 electric motorcycles to be delivered in Texas.  Amid the recent attention garnered by ALYI for its electric vehicle imitative in Africa where the company continues to develop $300 million in electric vehicle projects, management today reiterates that the company continues to advance similar electric vehicle projects in the United States.  Earlier this year the company confirmed it had met a major eclectic motorcycle pilot testing milestone requirement of an overall contract to deliver an initial 50 electric motorcycles in Texas.  The contract remains on track.  The production version of the original pilot electric motorcycle is anticipated to soon be completed.  Management plans to produce and publish a short video of the production electric motorcycles once the production version is finalized.

 ALYI CEO Podcast Interview And Analyst Research Report

The company recently an announce a Research Analyst Report update published by Goldman Small Cap Research in conjunction with a podcast interview of CEO Randell Torno with the CEO of the Africa Development Organization, Libasse Diop Dia.  Hosted by Goldman, the two CEOs discuss the industrialization of Africa with a focus on the development of clean, sustainable energy. ALYI’s $300 million electric vehicle (EV) initiative in Africa is featured. 

Podcast Interview Takeaway: ALYI Offers Even Greater Upside than Originally Anticipated

Alternet Systems, Inc. is today overall focused on offering varied, environmentally sustainable, energy storage solutions for targeted markets, including consumer electric vehicles and military applications.

To listen to the Podcast and view the ALYI Research Report Update, please visit: https://www.goldmanresearch.com/201909101250/Opportunity-Research/new-ceo-podcast-interview.html

For more information, please visit: http://www.alternetsystemsinc.com

July 29 2020 - 05:07PM
InvestorsHub NewsWire

Alert

Print

 

OTC-ALYI.com

Investor Relations:
Alternet Systems Inc.
1 Glen Royal Pkwy Apt 401
MIAMI, FL   33125-5293
Phone: +1786.2651840
Fax: +1775.8826818
Alternate Phone:  +1-800-713-0297
Contact Link
SO FAR AS  CAN BE TOLD NOTHING HAS EVER COME OF ANY OF THIS

 

https://www.globenewswire.com/news-release/2019/08/13/1901273/0/en/ALYI-Alternet-Systems-Confirms-20-Million-Electric-Motorcycle-Contract-With-New-Update.html

READ THIS  P.R.
NOTHING EVER CAME OF IT EITHER !!! 
$20 Million Investment, Electric Motorcycles in Africa
CLICK THE LINK BELOW IT GOES NOWHERE LOL!!!

Electric Motorcycle Production Plant

Alternet Systems Has Entered The Battery Sector To Commercialize Innovations
Designed To Improve Upon Current Lithium Technologies Link


The emergence of the Electric Vehicle and Energy Storage markets is being driven by a social interest in reducing carbon emissions and corresponding global regulatory reforms intended to curb carbon emissions.  According to research from Deutsch Bank, battery consumption worldwide is expected to increase 5x over the next 10 years, placing substantial pressure on the battery supply chain.  The same report indicates that lithium demand will increase from 181kt Lithium Carbonate Equivalent (LCE) in 2015 to 535kt LCE by 2025.

SO FAR NOTHING HAS MOVED FORWARD HERE EITHER AS ONE STILL CAN'T PURCHASE OR EVEN VIEW THE SPECS OF THE ELETRIC BIKE MUCH LESS A PHOTO

 

WILL UPDATE WHEN THIS COMPANY ACTUALLY PRODUCES SOMETHING OTHER THAN  P.R.'S
GOD BLESS AMERICA

TOGETHER WE CAN DRAIN THE OTC SWAMP OF COMPANIES THAT TAKE ADVANTAGE OF THE OPPORTUNITIES THESE MARKETS OFFER 

"TRADE AT YOUR OWN RISK"





WARNING !!  Pump-N-Dump in Progress.

Fake Electric Motorcycle Scheme

BUYER BEWARE !
 

 

 

SECURITY DETAILS

 

 

Market Cap    9,214,285

08/11/2020

Shares Out   949,926,281

08/11/2020

 

PUBLISH DATE	TITLE	PERIOD END DATE	STATUS
06/18/2020	Attorney Letter with Respect to Current Information - Attorney Letter - 12/31/2019	12/31/2019	A
05/20/2020	Quarterly Report - 03/31/2020 Quarterly Financial Report	03/31/2020	A
05/20/2020	Quarterly Report - 03/31/2020 Quarterly Disclosure Statement	03/31/2020	A
05/15/2020	Notification of Late Filing - Notification of Late Filing Quarterly Report - 03/31/2020	03/31/2020	A

https://www.alternetsystemsinc.com/
https://www.alternetsystemsinc.com/management