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Re: NorthShoreTrading post# 5528

Thursday, 03/05/2020 1:04:13 PM

Thursday, March 05, 2020 1:04:13 PM

Post# of 18536
If the news were substantial in a real company it would be announced immediately in an 8-K. There is no reason for an announcement of an announcement other than to pump for an extra week. The actual news releases w ALYI are usually super disappointing and the stock is as likely to move down as up - “continue to see much interest in an ICO from potential investors with many potential underwriters”, more about them being attendees at a conference next year (which they are carefully wording to sound like organizers), more interest and progress on EVs (without details or deadlines for mass production or revenue - those contracts in the US and Kenyan were forever ago PLUS we know nothing of the nature of the contracts? Can “buyers” if they exist cancel without penalty? I bet they can. Are the purchases conditional? I bet they are? Remember ALYI CEO Randy Torno promised millions of $$$ of Kenyan contracts at ANCE and they never showed up and he went dark without ever explaining what happened).