Alternet Systems Inc (ALYI)

[alexbh2285]

ALYI had a May deadline to pay Air Products $200,000 for the annual license payment. Why have they not stated that this has been paid and since they only had $167 (not thousand) immediately before this, state how they raised the funds (which would most likely be a dilutive death spiral convertible as they have done historically as it is the easiest albeit very expensive form of financing for those who can not convince outright "normal" investors to invest)? I think that is why the stock is dropping. Either they don't have the funds or they did a very dilutive financing. Any other ideas on how they could have raised the financing? If they had some "regular" investor contribute, they certainly would have PR'd that as they PR every small thing that is not as critical.