Alternet Systems Inc (ALYI)

[alexbh2285]

Unfortunately their assets on the 3/31 balance sheet did NOT increase despite massive dilution to that date. In a NORMAL stock issuance cash on the balance sheet would go up or debt would go down as much as the dilution. In a NORMAL company, they would issue an 8-K stating how much the raised for how many shares so that investors could see at what discount the stock traded. It is NOT Normal to excessively PR barely relevant things about Tesla and the African economy and not PR very relevant things about the supposed London financing or why they diluted so much and who is benefitting. There is no factory asset nor extra cash with this dilution. It would be on the 3/31 balance sheet. You don’t just dilute, not change assets and then put an asset on later when it is complete. That’s not legitimate accounting.