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They issued about 50-55 million shares in mid-Jan. so it would be a pretty quick turnaround for them to want to gobble those back up, at a premium no less. If that's what is happening though, then that would obviously be great. Just seems unlikely.
The days of seeing under 10 cents could be over. It would need to be in the next day or two I think to ever see that again.
I happen to agree with you here. ALYI already has a larger market cap than IQST as well.
Lmao, yes I read that article to back in December or whenever it was as wel. I just sent out a press release yesterday welcoming Elon Musk to Texas. We must be best buds.
Like I’ve said before, they mention these big brand names in their articles to draw interest, but absolutely nowhere does it say they are working with them, have commitments from them, or collaborate with them. The only two companies they’ve done that with are IQSTEL and MODUS. This is why I said you have to actually read the content. Smh
Then why did you mention Tesla, Ford, Chevy...?? This is all I’m saying. Don’t lie to people, they don’t have commitments from them. They may in the future, but they did not state any of that at this present time.
Where are you seeing any mention that those specific companies have committed to this? All that I see mentioned is a "brand name" racing organization.
Fingers crossed.
Yes, I believe I said that I’m heavily invested so don’t want that to happen... not sure of your point. Btw, I don’t short any stocks in a bull market, I’ll let others make that gamble.
Revolt Motors is a completely different company. ALYI doesn’t have any motorbikes on the market right now. They have hired Modus to design the bike and IQSTEL for the battery and software package. Supposedly this will be on the market in July, but by no means do I think that is guaranteed to happen. That is just what they’ve stated as a time frame in their latest releases. I think they’ve been working with IQSTEL since December and both companies have laid out updates on ALYIs Revolt motorbike so for that reason alone I believe this has caught more sustainable traction. Both companies would have to be frauds at this point for this to go up in smoke.
I’m holding plenty of shares right now so I’m an advocate of the stock, but it needs to be clear that Randy doesn’t know Elon and isn’t working with Tesla, BMW or Chevy. How you concluded that from that video or anywhere else is beyond me. I’ve seen mention of them in their press releases regarding other companies successes as a sign that they are going down the right path, but you need to actually read and listen closely to these things. Nowhere does it say anything that you mentioned in that post.
Now that that’s out of the way, let’s move higher next week :)
Zen, I'm convinced that all 206 of your posts are this same exact comment...
Heh, me either. Just saying. If I hit the 50k mark I would consider just for the hell of it, but I don't ride motorcycles so still would not be partaking.
Probably the same people that made $5K+ on their stock.
When you say "our" who are you referring to? You and some other members on here?
and what about IQSTEL's releases of ALYI... i guess you are saying multiple boiler rooms now...
Honestly the same negative opinions have been made over and over. If you don’t think it’s real, we heard you the first thousand times lol. It is a penny stock for a reason. It will always be speculative. The fact that they are partnering with IQSTEL and Modus makes this more likely to be legit than not now IMO. Maybe it wasn’t 2 years ago when you got burned or something, but it seems to be turning the other way whether they have the bike or not. Also, forgive them for not wanting to throw a bike out there that some kids made in their garage, I’m sure they missed a gold mine by not going about it that way. Smh.
Ahh ok. I thought you were on the other side of it saying they should be Tesla by now lol.
You can't trade the OTC market on Robinhood btw. If you could this would probably already be at 50 cents. Although, some of the crazies may be switching platforms now that Robinhood has let them down this past week. That in itself could be bullish for ALYI.
So their comparison is Tesla? You are comparing a startup on the OTC market to a company who is top 10 in market cap and is run by probably the most influential human being in the world? That's good stuff.
Aren't they waiting on IQSTEL (IoT) for their software package? Why would they throw out a half done model when they don't have to?
If it finishes below 0.03 pps in the near future, then there could be some real pain, but until then you are a bit early to your party
Did you not see my last post? handle forming... handles form down bud.
Hmm... I just noticed this. Going back to late August/early Sept. we have a nice cup formed on the chart. Could be starting the handle now before lift off?
To respond to a couple of your comments. There is a phone interview out there by Goldman or whatever it is with Randy Torno and some other guy involved with the transportation grid in Africa or something. The interview was probably about 10 months ago or so I think. I don't remember much about the specific content anymore, but you can look it up and listen to it if interested. Also, I think they stated the bike for the African market is different than the 200 pre-order bike they sold to Americans. So I imagine it's dumbed down and will be much cheaper. I agree this company is very speculative in how they announce things and they lack visual evidence or specifics for that matter to prove more than their words, but it still doesn't necessarily mean it is a scam. Time will tell. I'm certainly trading it cautiously, but I like to remain hopeful.
I just got in this stock late December at a penny so I haven't been through all of the ups and downs, but looking back, this run appears more bullish than the previous runs this stock has made. It is always in the back of my mind though that this could just plummet as it's done before. Would love to see some consolidation and less volatility at some point whether it be at 5 cents or 10 cents so we can all be more comfortable holding our shares and waiting if/when they show a video of their bikes.
That's not the type of analysis that I'll choose to trade on lol. Of course it won't go green forever, but say it does 2 more days... I'll take the ride up to 10 cents and the ride back down to 8 or 9 cents instead of hopping off at 5 cents. If anything it looked like good support today at 5 cents and a favorable trend going into tomorrow, but I'm not going to pretend like I know for sure what it will be doing tomorrow.
ALYI purchased Lithium IP holdings so I would assume they would be developing the technology, as to where anything actually exists... don't know
It's probably a combination of flippers and market makers making some money in the short term. A tough game to play if you aren't a market maker.
https://www.otcmarkets.com/stock/ALYI/security
Market cap as it currently stands is 82.75 MM.
Yeah but it still doesn't allow for more dilution. If the stock is going up as it currently is, it's hard to imagine a reverse split, but a drop back down to a penny could trigger one. Who knows though. Good info.
Yes, again, wouldn't you want them to be about maxed out on shares so no more dilution?
Wouldn't you want it about maxed out so no further diluting can occur?
Ehh, another "built up" nothing burger of an update. I guess that's not entirely true as now there is even more in development, but would think they would first get one single thing accomplished before touting all this other stuff. Just more and more speculation. Buy at your own risk I guess. Here is to hoping they follow through!
I think the buying today was in anticipation of the news. The last Friday news drop was disappointing and very underwhelming considering the build up. Hopefully we don't see the same thing tomorrow.
Where are you reading that an ex Tesla employee is now with ALYI?
Didn't they already announce that news of the 200 bikes? I mean it's only a $500 deposit and there is no telling how many they "purchased" themselves. I dunno, I still own at .01, but that's not much news to me, seems like a distraction from the other news.
I guess failure is now considered a milestone these days. Nothing surprises me anymore.
Is the OTC market regulated by the SEC?
OTC Markets Group Inc. does not regulate the OTCQX, OTCQB and Pink markets. The company is neither a stock exchange nor self-regulatory organization (SRO) and is not itself regulated by the FINRA or the SEC. ... In addition, companies with SEC-registered securities are regulated by the SEC.
^google
Based off of that I'd say these OTC stocks can dilute whenever they want. However, I do believe they set a number of "authorized shares" when listing so ALYI should max out at 2 billion shares. So they are about 205 million away from that. Don't take my word for any of this though. I'm green to penny stocks.