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Understood. But if ALYI actually had electric cycles to sell it would be relevant.
That might be relevant if ALYI actually exists and will communicate to shareholders an update to its business plan Why the silence last 8 months and unable to contact company and no new Website?
https://www.alternetsystemsinc.com
ALYI
"Alternet Systems, Inc. continues to grow and evolve. Look for a new website coming soon to reflect that latest in Alternet's ongoing evolution."
When was this uploaded to Search engines?
90% looks that way. But, someone(s) buying the last couple months. There have been a lot of days showing buying.
With all the harrasment and disrespectful BS language who would want a Social Media account. As one Reddit poster said - "Nothing to see here". Nothing newsworthy here.
This security has entered a Grace Period, where it can be publicly quoted for 15 days before moving to the Expert Market for unsolicited quoting only. Securities enter the Grace Period when OTC Markets Group is no longer able to confirm that the issuer’s disclosure is current and publicly available as required under Rule 15c2-11. https://www.otcmarkets.com/stock/ALYI/overview
Where are they? I called the accounting/auditor firm and was told they are no longer a client as of 2017. The last work was for 2016. The telephone number on the website is now a construction firm. History has all earmarks of a scam.
Long term for me means if the company executes and investors drive up the price to reflect its real value or inflated value, one has the cholce to sell and reap the profits. Don't have to hold for dividends. Also, could very well take some profits on the way up. In context of everything that could happen the long term senario is not black and white, May have to make adjustment along the way (capital preservation its called). If the company doesn't execute as expected one might even bail at breakeven or a small loss. Greed will distort your thinking also.
As with any stock that should have been part of your risk assessment even before the so- called fraud issue was foundout,.
Anything is possible. Too many unknowns to predict with certainty.
We shall see. Not a given. But could happen if they are forced to keep financing this way.
In penney stocks (below $5) it is never about the company it is always about the timing. Mullen will be a successful company for the long term. Right now, it is just about timing in a volatile market, day trading instant gratification, and unprovable agenda drivien fraud claims. At any level below 1.50 this is a no brainer for the long term (1-3 years out). Doubt it goes below a $1 but, due to the evironment of the market for this stock any price is possible. Invest only what you are comfortable with losing.
Recovery is not the same as gold in the ground. Reasonable to speculate that there is gold in the ground that it is economically feasable to mine. What is it about unknown that is not understood? It is not black and white. Reason tells me cannot be certain one way or t he other about something that is unknown.
Only half the story. Jury still out on property gold & conclusions of interested miner(s) DD.
That is purely speculation. May be irrelevant, might not.
See if bid remains. If gold stabilizes above 2k or moves even higher from today's close the large bids may continue. Gold prices may be the catalyst for some kind of deal. Nobody knows. Can only speculate and wait it out. Good or bad.
I will. Need to look up again.
Illegal to short Stocks under $1 (Might be $2). Only MM's can do it.
Retail, institutional, funds cannot short penny stocks. This stock was shorted from its high down to $2.00. After that nada. Except for MM's in their duty to maintain an orderly market and facility liquidity.
Dilution has been the main factor here.
"one that's never ever ever been wrong yet :))" Now thats a red flag if I ever seen one.
Right on ! Couldn't have said it better.
Right!
MULN will do just fine. Weeks, months don't matter. Ducks are in a row now and will be an important player in the EV industry in the long term.
And if anyone believes one word of that BS, I have a bridge in Arizona to sell them.
it seems that one of the top priorities is collecitng that $11M in receivables thats been sitting on the books for too long. What the he** is going on there. Also, miniscule 4th quarter revs make me skeptical about 2023. Really a very very risky play here . On the other hand if it is true what he says about the optimism of the Wall Street advisors and the hiring of the accounting firm and lawyer there may be reason for some optimism on part of us shareholders.
That's what I am thinking. May-July should be very interesting.
Depends on content of news coming in the next few weeks,months.
In regards to your question: I have. Always good questions, info and substance to give consideration to in your posts. However, I have a tendency to not take everything at face value that is posted on a message board. That;s is a problem with message boards.
Its generally hard to differentiate between the BS and real substance. Except of course the poliferation of flat out criticism or pumping without any substance.
Not going to be judgmental and emotional. Just go with the facts that it doesn;t look good for the company after no 4th quarter revenue. Adjust what's left of my position accordingly and as necessary. Will use extreme caution going forward. However, good to see the hefty buying this morning for a change. Being current again does mean something. We shall see what happens this month and what revenue looks like for 1st and 2nd quarter. The business plan indicated they are selling a lot of product (I am not convinced). _
Sorry, I just now looked at the Income Statement YE 12/31/22 and noticed the Cash of $100 and no 4Q sales. In addition, there is still $11M in receivables. Not good and glad I sold a lot of shares last year. This looks ominous, and May has to show big big improvement not only in sales but also Accounts Receivable and the progress on the recent business plan or they are finished.
Flat broke? Not aware of that. Expand on that and show me evidence. I am open minded. Right now, I will believe it if they file fins in May which substantiate that. Assuming it is true that a Wall Street Attorney and Accounting firm was hired, it is highly unlikely the company is flat broke. I quess we can continue the discussion again at end of May when we will know whether or no their goals were accomplished or not, i.e audited fins, announcement of the WS Attorney and Accounting firm. Good Luck in your trading.
Will be $1+ sooner or later. I got patience. Maybe till end of year. Lot of negative stories and advisories the last 2-3 years about OTC. Lot of Investors staying away that used to play here.
Doubt it. Fantasy land.
48M in trades today. Wonder what brokerage firm(s) is facilitating these transactions? Because they show as neither buys or sells, and retail can only sell, are these transactions just movement between Market Makers and or Brokerage houses? Or are they retail sells being absorbed by the Market Makers ? Would like input from anyone familiar with the Expert Market transactions.
I am hanging on to good amount of shares also. May should be a defining Month for them. If they file Financiials with decent numbers and audited it will help the SP a great deal.
I may have erred in the "Audit in Progress". The original Zoom Meeting presentation was "Get Audited Financials (In Progress)". Since they will annouce the Accounting Firm later in May, the Audit is probably not in progress.
The following is not a recommendation to buy the stock. I am not a promoter. Novice traders should not risk more capital than can afford to lose. The markets are highly unpredictable and new startup companies especially risky.
This is the Business Plan put forward by the company in the Zoom Meeting, April 20, 2023.
1). Hire a Wall Street Law Firm for Uplisting (Completed).
(Announce in Joint Press Release in approximately 30 days so no distractions)
2). Hire a Wall Street Accounting Firm for Year End Review, Quarterly Filings, Audit Preparation.
(Announce in Joint Press Release in approximately 30 days so no distractions)
3). File Audited Financials (Audit in Progress)
4). Sell a lot of our current Products (in Progress)
5). Launch New Poducts (Upcoming)
6). Hire Headhunter Firm (Upcoming)
7). Form Independent Board of Directors (Upcoming)
Not meaningful. Mullen still benefits regardless of when the deal took place. Doesn't matter that the PR is after the acquisition. Assigning motives that Michery is trying to take credit - I don't see it that way. Nothing in PR to indicate that.
Therefore, what ? Still happened and exsists.
Love the guy
It's belated April fools!