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Your optimism ( somehow pumping ) is amazing, despite the current situation.
Alpine is closing the store, and management is probably packing as we speak.
Might be time to admit you were WRONG, specially when you were buying at 60 cents one R/S ago.
But good luck, will be interesting to read your post after the next R/S.
IMO, unfortunately, Alpine is STAINED for a long time. Money got stolen because of too many LIES popped out of the CEO mouth.
People will NEVER see their money again.
NOT LOOKING GOOD, Dear valued shareholders.
LIAR Wilson must have pissed off a LOT of people.
TOO MANY LIES.
Even the 3 Amigos are gone.
No more " added " posts when it is so cheap.
No more " Scratch My Head " posts at the time it would make sense.
I was RIGHT.
CEO BLAH-BLAH-BLAH get you BROKE.
How much did you lose Wilson? LOL.
Just need a VIP on the next flight to boost the concept.
Or the next Mission Impossible, with Ethan Hunt.
Dear Valued Alpine Shareholders,
Preparation H will not be provided during the next virtual SHM, but please do not hesitate to load.
KW
Capitulating, giving up. SHAME on Wilson.
He really SCAMMED a lot of people.
NASDAQ got his ASS quite good.
56 cents NOW! Wilson you are the MAN.
That is 7 cents before split, and the CEO doesn't even care.
RIP ALPP.
I was RIGHT. They had NO INTENTION to give us the DIVIDEND at a nice level.
BK around the corner.
Expecting BAD NEWS after hours???
Where are you people with your blind support for that SCAM?
A year ago, the pps was at 60 cents as well. BEFORE SPLIT.
So much for the R/S will not affect the market cap. IDIOTS.
ALPP topping the list of all great SCAMS
Still NO FILINGS from Alpine and NO CLEAR plan of reversing the current trend.
This lunatic CEO dragged everyone into that spiral down and cannot do anything.
What a shame and what a crazy bunch of people.
SOON RIP Alpine.
Might be time for Wilson to see a Neurologist and do a MOCA test.
That dude lost a LOT of consciousness and has been showing some serious signs of cognitive decline.
A brain MRI should be considered as well. Not a joke, the earliest the detection, the easier to slow down the disease.
Good Luck to all.
The Board, Audit Committee, our CFO, and I are extremely concerned
ENOUGH is ENOUGH WILSON.
DO NOT tell us you didn't see that SHIT coming?
WHAT IS THE PLAN of RECOVERY?
After quite a bad start for 2024 with a pps at around 8 cents before split, I really hope that the CEO Wilson will spend this 3 days weekend to figure out how to bring back some seriousness into that company.
It has been a complete fiasco since the beginning of trading on the NASDAQ and it seems that only now they realize the damage they did.
Investments are lost, money is lost, confidence is lost, institutions are gone, and for so many dreams are gone as well.
How is it possible to be such a BAD CEO many people could ask?
Might be time to feel and be RESPONSIBLE.
For now it is safe to say that CREDIBILITY is gone.
Hopefully something SERIOUS come out SOON.
Admitting mistakes might be the first step to consider and have the backing of new shareholders.
What a MESS Alpine became.
Another option would be to give him back his balls if they got cut under the gender change crazy movement.
RSM is OUT. Good move.
When one can afford only a MacDo Happy Meal, why sitting at a 4 stars restaurant for a prime ribeye and lobster?
Furthermore, Wilson needs that HUMILITY. Hopefully next is HONESTY, RESPECT, MODESTY,and REALITY.
That Journey to Planet " Crazy " needs to turn around now, I mean NOW.
Another 8-k explaining the cleaning.
RSM FIRED.
It looks like Wilson is FINALLY tired to be used, abused and simply seen as an idiot.
Way to Go. Cleaning the crap, about time.
Regaining CONTROL is one positive step.
" That said, despite these challenges, there are many positive opportunities still ahead of us, and as we move past the challenges outlined above, the Company will again be able to progress towards seizing these opportunities."
Hey Dude Wilson, what are these positive opportunities?
Or is it AGAIN opportunities to screw up?
Wilson, King of BULLSHIT.
Some of the challenges we face are the result of internal decision-making, most notably financial restatements and an auditor switch that resulted in delayed filings...............
A LIE full of TRUTH.
LIE: " internal decision-making. " Wilson PLEASE tell the truth. NOT internal, just 100% PURE STUPID DECISION.
LIE: " resulted in delayed filings. " Wilson PLEASE tell the truth. Even before NASDAQ, the filings were delayed. NT after NT after NT.
TRUTH: Wilson is NOT HONEST. He is a LIAR or simply a DREAMER with our MONEY.
The Board, Audit Committee, our CFO, and I are extremely concerned with the delinquency of these filings, and we are addressing all external and internal aspects that have contributed to this.
The contributor of the mess is WILSON making STUPID decisions after STUPID decisions.
Our performance has fallen well short of expectations for Corporate, our Subsidiaries, and for our Shareholders
And WHAT were these expectations? Please explain WILSON.
Selling drones in Nigeria???
Delivering pizza in Dubai???
Selling batteries???
The 2023 guidance were NEVER published.
DREAMER Wilson needs to remove his head from the sandbox.
Dear Valued Shareholders, *** QUITE INSULTING ***
This year has posed formidable challenges. Our performance has fallen well short of expectations for Corporate, our Subsidiaries, and for our Shareholders. A shortcoming that has distanced us from our full potential. To be candid, the Company grapples with unparalleled challenges, and it is imperative to acknowledge the intricate and obstacle-laden path ahead. Some of the challenges we face are the result of internal decision-making, most notably financial restatements and an auditor switch that resulted in delayed filings. Despite our aspirations, this change, intended to propel Alpine 4 to greater heights, has had the opposite effect. In Q2 2023, when we filed our 10-Q ahead of schedule, it appeared that our "new era" was moving into full swing. That came to a grinding halt as the Q3 2023 10-Q went late. It's important to note that when the Company is in an untimely filing status, it hinders the Company's ability to raise money. It also prohibits the Company from putting human capital resources into areas of the business that desperately need attention and various other causational issues that disrupt business operations. The Board, Audit Committee, our CFO, and I are extremely concerned with the delinquency of these filings, and we are addressing all external and internal aspects that have contributed to this.
Additionally, there are concerning external factors rising all around us. Significant shifts in capital markets, tighter banking restrictions, rising interest rates, and record bankruptcies impact not only us but our customers as well. That said, despite these challenges, there are many positive opportunities still ahead of us, and as we move past the challenges outlined above, the Company will again be able to progress towards seizing these opportunities.
Workforce and Compensation:
In Q2 2023, the Company mandated a comprehensive effort to limit raises and/or bonuses to Corporate or Subsidiary executives unless that specific job was below the market rate. Further, in Q3 & Q4 2023, the Alpine 4 executive team and myself took additional compensation cuts. We are also optimizing subsidiary management and directing resources toward personnel capable of driving sales. Moreover, the recruitment of new, more seasoned accounting staff aims to end the cycle of delayed financial reporting. The Company and its subsidiaries have and will continue to explore ways to cut fixed expenses and restructure debts favorably and shall continue to do so well into 2024.
Financial Initiatives:
In August, we initiated an S-1 filing to secure additional capital, culminating in a disclosed $32 million three-year equity line of credit deal with Ionic Ventures. This transaction facilitates continued investment in subsidiaries with high potential and offers flexibility in utilizing equity. It's important to note that investments in important and growing products such as drones, batteries, and other emerging products will be dependent on our ability to access fresh capital, hence why this transaction is important.
Realignment of Subsidiaries:
Over the next year, our capital-raising efforts will be coupled with targeted cost reductions. This includes the sale or winding down of subsidiaries that do not align with our future strategic goals and mission of the Company. With that said, I am pleased to announce the execution of a binding Letter of Intent to sell the Morris Sheet Metal group of companies in an asset purchase sale to Bright Sheet Metal of Indianapolis, Indiana. I am grateful to see the employees of MSM and the legacy of that Company continue. Simultaneously, we have initiated a strategic review of Excel Construction Services of Twin Falls, Idaho, which may include the closing of the subsidiary. Finally, the Company has received interest from external parties for its Alternative Laboratories subsidiary and is currently in ongoing discussions with these external parties.
Strategic Direction:
It has become apparent that our shareholder base is predominantly comprised of investors interested in our technologies, and for this reason, our resources and efforts will now be more focused on our Driver and Technology-based subsidiaries.
Vayu: Since the departure of Vayu's former President, the Company has undergone strategic reassessment. Our COO, Jeff Hail, and I have embedded ourselves in the business of Vayu and its team. After a careful review of our resources and inventory previously dedicated to fulfilling the All-American Contracting Supply Agreement, we feel that the best path forward for the current built inventory is to make these airframes available for additional opportunities, whether it be sales or supplying test airframes to Global Autonomous Corporation. To date, Alpine has not received any funds towards our Supply Agreement with All American Contracting, and they have indicated that they will not be able to continue with the $5 million P.O. as their end customer has not been able to procure the funds needed to purchase these drones. However, the Supply Agreement with All American Contracting is still in effect, and when they are ready, we are open to helping fulfill their needs.
In May coupled with our trip to Dubai, UAE, I initiated a strategic effort within Vayu to actively pursue new opportunities in geographic areas conducive to Beyond Visual Line of Sight (BVLOS) flights. Our focus has been on exploring prospects in the Persian Gulf region, with a particular emphasis on Dubai. Over the past 60 days, a significant milestone has been achieved for both Vayu and Global Autonomous conducting the VTC (Validation Test Campaign) flight testing in November. This testing was conducted as the first phase of certifying the G1 Airframe for BVLOS flying in Dubai and neighboring regions.
The completion of this VTC flight testing represents a crucial step forward, and we anticipate that the certification obtained will unlock opportunities with various clients in the Gulf region and beyond. We are confident that this achievement positions us favorably in the global market. Currently, our team is awaiting the results of the Dubai Civil Aviation Authority's thorough review of our flight testing.
We understand that many shareholders have eagerly inquired about the status of this certification process. It is important to note that such reviews can be a time-consuming endeavor, often taking several weeks or longer to complete. Rest assured that once the Dubai Civil Aviation Authority concludes its assessment, we will promptly communicate the results to our shareholders.
Elecjet: Elecjet extends its best wishes to Sam Gong as he departs from our Company. Since its inception, Elecjet has maintained a small US-based staff to ensure operational efficiency and concentrate on continuous product development. Presently, Elecjet is actively engaged in recruiting new battery engineers for our upcoming facility in San Jose, California. Our small-volume prototype line and laboratory will be housed within the new QCA (Quality Circuit Assembly) facility, with the move currently underway. The procurement of laboratory equipment will follow as financial circumstances permit.
Elecjet is currently collaborating with various Original Equipment Manufacturers (OEMs) in the Energy Storage Systems (ESS), Electric Vehicle (EV), and other diverse industries. While shareholders eagerly await updates on these partnerships, it is essential to acknowledge that it will take some time before the full functionality of the AX class of solid-state cells within their specific products is fully realized. This includes integration with battery management systems (BMS) and the utilization of our specific pouch cell design.
Beyond our Material Transfer Agreements (MTAs), Elecjet continues to provide quotes for AX Class cells to end users in sectors such as the Micro Power Grid and Marine industries. We are enthusiastic about sharing more details about the outcomes of these opportunities in 2024 as they progress and develop.
We have received numerous inquiries regarding the restocking of the Apollo ESS system. The Company successfully sold out its Apollo inventory in 2023 and is currently evaluating the manufacturing of additional units for sale. It's crucial to recognize that the Apollo was originally designed as a demonstrator product showcasing Elecjet's graphene technology for potential integration into other products. While it is indeed an outstanding product, the Company is actively exploring more cost-effective approaches to further production as resources permit.
As for the Powertote and other related products in collaboration with RCA, we have been working with our contract manufacturer responsible for assembling these products. We are diligently addressing new enhancements and requirements needed to have a competitive product and are working closely with our manufacturer to implement these changes, ensuring that the product meets market-ready standards. We appreciate your patience and understanding as we work towards delivering high-quality and reliable products to our valued customers.
RCA Commercial: RCA Commercial will be actively participating in the upcoming Consumer Electronics Show (CES) scheduled to take place in Las Vegas in January 2024. CES is renowned as a premier global event that showcases the latest innovations and technological advancements in the consumer electronics industry. It provides an excellent platform for industry leaders, innovators, and enthusiasts to come together, exchange ideas, and explore emerging trends.
It is important to show our customers the significance of staying at the forefront of technological developments. Our attendance at CES aligns with our commitment towards innovation and excellence. We are eager to leverage this opportunity to showcase our latest products, engage with industry professionals, and to foster meaningful connections with partners and stakeholders.
Our team will be available at the RCA booth during the event, and we cordially invite you to visit our booth and witness firsthand the cutting-edge technologies that RCA Commercial is bringing to the market.
As we conclude 2023 and approach 2024, we want to thank the shareholders who have stood by us through the highs and lows over the past two years. Anticipating the opportunities that the New Year holds, we eagerly welcome all the possibilities it brings and are excited to embrace the fresh prospects ahead.
Best regards,
Kent Wilson
CEO / President / Co-Founder
About Alpine 4 Holdings: Alpine 4 Holdings, Inc. is a Nasdaq traded Holding Company (trading symbol: ALPP) that acquires business, wholly, that fit under one of several portfolios: Aerospace, Defense Services, Technology, Manufacturing or Construction Services as either a Driver, Stabilizer or Facilitator from Alpine 4's disruptive DSF business model. Alpine 4 works to vertically integrate the various subsidiaries with one another even if from different industries. Alpine 4 understands the nature of how technology and innovation can accentuate a business, focusing on how the adaptation of new technologies, even in brick-and-mortar businesses, can drive innovation. Alpine 4 also believes that its holdings should benefit synergistically from each other, have the ability to collaborate across varying industries, spawn new ideas, and create fertile ground for competitive advantages.
Four principles at the core of our business are Synergy. Innovation. Drive. Excellence. At Alpine 4, we believe synergistic innovation drives excellence. By anchoring these words to our combined experience and capabilities, we can aggressively pursue opportunities within and across vertical markets. We deliver solutions that not only drive industry standards, but also increase value for our shareholders.
Contact: Investor Relations
investorrelations@alpine4.com
www.alpine4.com
Not really in a hurry to show some form of recovery plan.
Not surprising from Wilson. He has so much disrespect for shareholders.
So many people got scammed by Alpine and Wilson.
Where are the batteries, the drones, the sales?
Where are the filings? Where is all the money?
No wonder why we have so many short positions. Alpine is PURE VOMIT, GARBAGE.
Here we go again: Deja VU.
What is next? the begging extension
then what is next? the Reverse Split,
then what is next? Wilson screaming " IT IS NOT MY FAULT "
INSANE and DISRESPECTFUL
HYPOCRISY Again, get to your point and name me.
Don't you get it? I am NOT afraid and I was so damn right about Alpine. Anyone with even half brain could see it coming.
I STARTED to EXPOSE that SHITTY ALPINE SCAM 18 months ago, and HOPEFULLY many people saved money by NOT investing in some form of DEMENTIA that Wilson seems to be infected. NOTHING makes any sense with this company. NOTHING.
BIG Shame to use Zrock tragedy to get a cheap shot on me.
7.5 cents pre split. COMPLETELY INSANE.
Is the IDIOT CEO REALLY understand how BADLY HE SCREWED UP this company, this stock, the shareholders, the employees?
A COMPLETE MORON.
Impossible NOT to be upset by the current situation of this company.
How is it possible for a CEO to be so F bad, REALLY BAD?
STUPID is the only answer I have, not only for the decisions made, but for the full team, the board of directors.
WHY???????????????
NOT tired, YET, to support that SCAM.????
Look around. the manure is well above the knees, it is around the neck.
Alpine was, is , and will be always a team of IDIOTS.
Better Outcome??? REALLY, with the same IDIOTS.
Back to OTC, with a bankruptcy on their rear.
Alpine is OVER.
Real mess easy avoidable if the CEO had even only half brain functioning.
Complete idiots running that company, but so good at making LIES and diluting shareholders value.
Wilson should not be surprised at all. He created the mess.
If at least we could see a solid plan for the future.
Complete fiasco. Waiting MINUS 99% to admit it. POOR Wilson.
How dare you to even post a single word?
Similar to the " adding " posts.
The hypocrisy is WELL beyond control.
Really sound like a college student flunking his finals.
Alpine is at least a 2 years failure in the making.
STOP being STUPID should be the first step to tackle next year.
Happy New Year, LOSERS.
The Alpine / Wilson story is quite amazing.
Many, many people lost a lot of money, and they have the right to ask WHY all this collapse.
WHY, indeed?
SCAM or STUPID???
Crazy time, crazy people all around.
50 cents after hours.
Quite a New Year SHITTY party coming up for Wilson.
Nice End of the Year 8-k by Wilson.
WOW.
MINUS 85% from X- mas 2022 to 2023.
What a SCAM.
75 cents after split, 9.4 cents before split.
WOW, what a successful year for Wilson, and for the 3 Amigos.
Curious: What will be considered that Alpine Crap to be a FAILURE for you guys?
OTC, Pinks, subpenny???
# 28th trading days subdollar. No worries.
We have tick - tock and a great team of demented people running that company.
it is almost OVER. TOO MANY LIES.
Already 25 trading days closing under 1 buck.
Today might be # 26, and still NO Q.
Delisting is very well on the table and bankruptcy as ice on the cake, or SHIT pie.
That CEO has some serious issues. SO DISRESPECTFUL.
What a SCAM that Alpine CRAP Holding.
Hello Wilson, where is the Q?
Anybody home?
BTW, where are the drones, the batteries, and where is all the money stolen from shareholders?
And WHERE IS THE RESPECT?
And your point is what??????
Why using your time and brain for that free personal attack?
So easy behind a key board to look like a strong person.
Alpine is no doubt the best 2023 failure of the year.
Blind CEO not able to see all the middle fingers.
Deaf CEO not able to hear the voices screaming STUPID.
People do not care about the BULLSHIT DSF model.
Any idea if your boss plan to be LEGIT before the end of the year.
Any idea if he is even still in the country?
Wonder if he has any idea how STUPID Alpine became in 2023 with all the BULLSHIT that was getting of his mouth.
IDIOT, absolute stubborn idiot.