Alternet Systems Inc (ALYI)

[alexbh2285]

The first PR of the $20MM was in April when the stock was at $.06. That PR was made by CEO Randy Torno who, while at ANCE (until very recently), also PR'd a $500,000 contract also in Kenya for Playboy condoms which never materialized in 2 years. Rather than provide an update (he provided one over the next 2 years which also came to no result) he went silent and stopped PRing or publishing financials leading to a skull and cross bones status for ANCE on theotcmarkets.

There are no shorts in this stock. FINRA says its about 74,000 shares (less than $1000 in market value) in June relative to shares outstanding of 275,596,851 shares on 3/31/19 (up from 218MM 3 months prior and almost double the 150MM a year prior!). So basically NO short interest.

This stock isn't being held down by shorts - it's being held down by long selling of all the new shares being created - whoever is getting the massive amounts of new shares in this stock printing dilution machine.