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Anybody know if the guy that was going to go by and take pics was successful?
A few question somebody may be able to answer:
1. How many miners did they order? All I can find is a "bulk order" a year ago.
2. Did they buy enough to fill the warehouse?
3. How much did they cost?
4. Now that they are a year old, how long before they need to be upgraded?
5. What is the useful life of a miner?
We may see another dip before this really takes off. I don't think they are mining yet and are probably 6 months out.
Wow! major dilution there!
People are holding Their shares tight!
Buyout is my guess!
Most power companies won't turn the power on(connect) until the installation charges have been paid. I'm betting he hasn't been able to pay.
Maybe the stop sign will be removed monday?
I can't believe some still think this is a real company!! they have not delivered on a single promise. Is there any news that's not hype they generate for themselves?
I know, maybe they are starting a weed farm to get hemp for there battery devision! The symposium is just a front!!
Somebody found 100 acres they want to buy and build a private retreat on! They are selling shares to purchase it now! What a scam!
All the news is about pending news. Nothing ever gets done!
Really! You obviously didn't read all my post! I made that point already. I don't care how much potential there is in Africa. It doesn't take away from the fact, that ALYI is a SCAM! After 10 years they still produce nothing!!!!!!
Over ten years in business and still NOTHING???
My point is ALYI is a Scam!! please tell me why there are no pics of their bike anywhere!!!
I've been there. I've seen the railroad that china built to move product. The railroad that never got used because people would tear up the track to sell for scrap while it was still being built! Sure there are a lot of natural resources and very friendly hardworking people!! but it is still the scam capital of the world for a reason.
Africa is the perfect country for a Scam like ALYI! Is anybody going to go there and check up on them? You can bet SEC won't!!! All they have to do is keep filing their BS fins and they can keep selling shares!
I'm betting there will soon be a new spin off company they will start promoting. This won't support there cash needs much longer!
They are a disgrace to are vets!!
Has anybody ever seen any product from ALYI? Now they are going to start doing electric vehicle seminars??? Does anybody really believe anything they say??
More BS news that means nothing! How many companies are already building electric bikes? Yet this company won't even show their bike! What a load... Are they still working on the Hemp battery?? we haven't heard that pump lately!!!
A Letter of intent is used to start the process of Do Diligence. I will bet you they never complete the DO Diligence. You are right they have been in the business for years!!! yet still nothing!!! They were to launch here in the US but that didn't work out so they moved to Africa!!
allowed, sorry
I can't believe ALYI is aloud to get away with this crap year after year. All the fake news releases!!
first they announce the possibility of a letter of intent, then the date it might be completed, then the day it might be signed, then the day it will be signed, then its singed, then each detail is pumped!!! They still have done nothing!!!! Not even one picture of this electric bike!!!!!
When they couldn't pull this scam off here, they moved to Africa. The OTC is full of companies that moved to the fraudulent riddled continent of Africa!!
When they couldn't pull this scam off here, they moved to Africa. The OTC is full of companies that moved to the fraudulent riddled continent of Africa!!
I've never seen this much BS hype on a Penny Play! First the headline "Alternet receives advance" is false. they have not received it yet, and may never receive it. This is all part of the deal spelled out in a letter of intent!! A letter of intent has no legal binding at all!!! Come on people!! an electric vehicle company in Africa???? where electric is not close to being stable!!! REALLY?
Why doesn't the company show some updated PICS!!!
Because nothing has been done since the last pics were posted!!!
Maybe they needed sell a few shares before they publish the fins, because it will tank the share price!!! Like the float has doubled!!!
They most be to busy making money to file the fins!!!
There is no such thing as reliable power in Africa! when I was there you could expect power for maybe two hours a day! This idea of electric motorcycles is useless there! they couldn't get it off the ground here so they jumped to Africa where no one can check up on them. What a scam!
They can't even get the first one off the ground!!
There was a lot of front loading!!! now the dump!!! time for new bag holders!!!
Pump and dump!!!! No reason for the hype!!! its all made up. It will be back below .0070 soon.
I agree, I can't see Ripple standing quietly by. I bought because I expected a buyout.
If people would quit selling, the day traders would leave MGI alone. Right now the movement is so volatile that day traders are making bank! This should be above 5.00 with all the great things going on.
By the looks of level 2, No one wants this! They could make more money renting that building for storage. Maybe its where he's keeping his toys he bought with our money?
I think the trading here is on trend and not value. People have left MGI for other companies with more movement. In the near future they will realize how undervalued MGI and come back. I'm buying what I can below $2.
I still can't wait!
Cant wait till this is an 8 billion dollar company!!!!