Alternet Systems Inc (ALYI)

[alexbh2285]

Nothing is elaborate about this scam. It’s transparent and sloppy. I don’t think he’s smart at all. I’m not sure how he benefits which is why I have in older posts referred to “whoever is really in charge.” Im assuming he is getting kickbacks from a shady brokerage, past and present loan holders who have benefited from discounted dilution, or some other form of payment. It is tough to tell as the list of the 115 common equity holders is not published - only the holdings of corporate insiders Bollen and Torno. Also likely that whoever is dumping is not a registered holder. It’s a weird company financially where no one pays them for revenues (just IOUs) and the employee(s) are not paid (by ALYI at least) in cash or stock - just IOUs. That together with the non stock ownership by Torno makes it a very odd, abnormal, and interesting mystery. The obvious answer is that Torno is getting paid by an entity other than LEXG. If anyone has any insight please weigh in but this whole story is sloppily put together as are the financials.