Alternet Systems Inc New (PK) (ALYI) News

Still a Penny-Scam fraud. Derp

You're a funny guy, this is just beginning...The Second Quarter will say more, now that all the paperwork has been signed I would imagine supplying product will get the green light...

$196 in assets 😅🤣😂😆😂🤣

False. Ask IQST (another garbage company)
...The company holds a partnership with iQSTEL, Inc....

$ALYI Alternet Systems, Inc., through its subsidiaries, focuses on providing digital payments and data analytics, micro segmentation, and marketing intelligence services for the mass consumer goods, payments, financial services, and telecommunications sectors. It offers financial services software, including biometric authentication, multichannel payment solutions, electronic point of sale modernization, payment processing, and data analytics tools, as well as NFC point of sale solutions for the mobile financial industry. The company is also involved in the modernization of the electronics point of sale legacy infrastructure expanding the useful life of the electronic point of sale; and including new payment functions in the terminals, such as bill payment, electronic top-up, and native payments with digital currency at the point of sale. In addition, it provides data analytics tools and services for the telecommunications and financial services industries. Further, the company produces and sells electric motorcycles. The company holds a partnership with iQSTEL, Inc. to codevelop two-way device communication solutions specific to the EV operating environment. Alternet Systems, Inc. is headquartered in Miami, Florida.

Quarterly Report has just been published...

https://www.otcmarkets.com/stock/ALYI/disclosure


Filings and Disclosure
OTC Disclosure & News Service
ActiveInactiveAll
Publish Date Title Period End Date
05/11/2025 Quarterly Report - ALYI Q1 2025 03/31/2025
05/01/2025 Management Certification 12/31/2024
04/24/2025 Officer/Director Disclosure - Appointment of New Directors 03/31/2025

This is under the Company Profile...

https://www.otcmarkets.com/stock/ALYI/disclosure

Company Officers & Contacts
Randell Rex Torno, Ph.D.
CEO
Board of Directors
Michelle Boos
Chairwoman, Audit Committee Member, Compensation Committee Member, Nominating Committee Member
Nolin Han
Independent Director
James W Long
Independent Director
Other Company Insiders
Edward Bollen
Lithium IP Holdings Corp.
Michelle Boos
Mia Global, Inc.

Well the Company Verified Profile and the Independent Directors, have just been added...

https://www.otcmarkets.com/stock/ALYI/disclosure

Alternet Systems, Inc.
Common Stock
0.0008
0.0001

14.29%

0.0007 / 0.0008 (1 x 1)

Real-Time Best Bid & Ask: 05:00pm 05/09/2025
Delayed (15 Min) Trade Data: 03:44pm 05/09/2025
Pink Open Market Logo
Pink Current Information
Company Verified Profile IconCompany Verified Profile 04/2025
Transfer Agent Verified IconTransfer Agent Verified
Independent Directors IconIndependent Directors

Something I found online, take it for what it's worth...They failed to include the distributorship in Sarasota(Sharky's), which I went to, so I know it's a real thing...

AI Overview

?

+1

Mia Global Incorporated has a factory and other offices in Seoul, South Korea. In addition to Seoul, they also have a factory in Shenzhen, China and a corporate office in New York. The company also has a distributorship in Oklahoma.

Something I was curious about...

AI Overview



In most company structures, the Chairman of the Board typically has more power than the CEO. While the CEO leads the day-to-day operations and executes strategies, the Chairman oversees the board and its decisions, ultimately having the power to influence or even remove the CEO.
Here's a more detailed breakdown:
Chairman:
The Chairman is the head of the Board of Directors and is responsible for the board's overall effectiveness. They ensure the board functions properly, monitors the company's performance, and can ultimately remove the CEO if necessary.
CEO:
The CEO is the top executive responsible for managing the company's day-to-day operations, implementing the strategies set by the board, and overseeing the company's performance. They report to the board, which is ultimately led by the Chairman.
While the CEO has significant power within the company, the Chairman has ultimate authority over the CEO and the board's decisions, making them the more powerful figure in most corporate settings.

Management Certification, filed today...

https://www.otcmarkets.com/stock/ALYI/disclosure

Alternet Systems, Inc.

Common Stock

0.0007

-0.0001

-12.50%

0.0007 / 0.0008 (1 x 1)

Real-Time Best Bid & Ask: 02:15pm 05/01/2025

Delayed (15 Min) Trade Data: 02:15pm 05/01/2025

?

Pink Current Information

?Transfer Agent Verified

Overview

Quote

Company Profile

Security Details

News

Financials

Disclosure

Research

Filings and Disclosure

OTC Disclosure & News Service

Active

Inactive

All

Publish Date

Title

Period End Date

05/01/2025Management Certification12/31/2024

Alternet Systems, Inc., through its subsidiaries, focuses on providing digital payments and data analytics, micro segmentation, and marketing intelligence services for the mass consumer goods, payments, financial services, and telecommunications sectors. It offers financial services software, including biometric authentication, multichannel payment solutions, electronic point of sale modernization, payment processing, and data analytics tools, as well as NFC point of sale solutions for the mobile financial industry. The company is also involved in the modernization of the electronics point of sale legacy infrastructure expanding the useful life of the electronic point of sale; and including new payment functions in the terminals, such as bill payment, electronic top-up, and native payments with digital currency at the point of sale. In addition, it provides data analytics tools and services for the telecommunications and financial services industries. Further, the company produces and sells electric motorcycles. The company holds a partnership with iQSTEL, Inc. to codevelop two-way device communication solutions specific to the EV operating environment. Alternet Systems, Inc. is headquartered in Miami, Florida. $ALYI

$ALYI Hemp Batteries for Electric Cars Senate Banking Committee Witness Urges Members to Improve, Pass SAFE Banking Act https://www.cannabisbusinesstimes.com/safe-banking-act/news/15736710/senate-banking-committee-witness-urges-members-to-improve-pass-safe-banking-act $MJ

Something I was wondering about...

AI Overview

+1
ALYI stock, which represents Alternet Systems, Inc., can be traded on multiple over-the-counter (OTC) markets. It's listed under the symbol ALYI on various OTC markets, including those that ADVFN and TradingView list. While a specific number of OTC markets isn't provided in the search results, ALYI's trading activity extends beyond the primary OTC market.

Thanks 👍

Thanks

Something went wrong with the way it copied the first time, this is a much better copy...I'll add a link so you can check it out for yourself...

https://www.otcmarkets.com/stock/ALYI/disclosure

MEMORANDUM OF ACTION OF THE OFFICERS AND DIRECTORS OF ALTERNET SYSTEMS, INC.

This Memorandum of Action of the Officers and Directors of Alternet Systems, Inc. (hereinafter the "Corporation") is executed on this 14th day of March, 2025 by the Officers and Directors of the Corporation for inclusion in the minutes of the Corporation.

Nature of Action Taken: The following Resolution is adopted by the Officers and Directors:

WHEREAS Mia Global Inc., has fully satisfied its obligations under the Security Purchase Agreement it entered into with Alternet Systems, Inc. and Edward Bollen, the Officers and Directors desire to appoint new Directors in accordance with the instructions given by Mia Global, Inc

BE IT RESOLVED by the Officers and Directors hereby appoint the following individuals as Directors of Alternet Systems, Inc.:

Michelle Boos, New Chairman and Preferred Stock Owner James W. Long, Independent Board Member Nolin Han, Independent Board Member

2 Consent to Informality: The Officers and Directors of the Corporation by their signatures below consent to the Officers and Directors acting informally with respect to the action taken above,

3. Officers and Directors approving and opposing action: The Officers and Directors approve the action taken as stated and no Officer or Director opposes such action.

Approved by:

EDWARD BOLLEN Director

pe

RANDELL TORNO Officer

Albemet Systems. Mistake

MEMORANDUM OF ACTION OF THE OFFICERS AND DIRECTORS OF ALTERNET SYSTEMS, INC.

This Memorandum of Action of the Officers and Directors of Alternet Systems, Inc. thereatafier the "Corporation") is cxccsted on this 14 day of March, 2025 by the Officers and Directors of the Corporation for inchadon in the minutes of the Corporation

T Directors Nature of Action Taken: The following Resolution is adopted by the Offices and

WHEREAS Ma Global Inc, has fully satisfind its obligations under the Security Security Purchase Agreement it entered into with Albemet Systems, Inc. and Edward Bolles, the Officers and Directors desire to appoint new Directorm in accordance with the imiructions given by Mia Global, Inc

BEIT RESOLVED by the Officers and Directors herstry appoint the following individuals as Directors of Altemat Systems, Inc.

Michelle Boon, New Chairman and Preferred Stock Owner James W. Long, Independent Board Member Nolin Han, Independent Board Member

Consent to Inforniality: The Offions Directors of the Corporation by their sigautures below consent to the Officers and Directors acting informally with respect to the action talien above

3 Officers and Directors approving and opposing action. The Officers and Dinoctors approve the action taken as stated and no Officer or Director opposes such action.

Approval by:

EDWARD BOLLEN Director

RANDELL TORNO

AI Overview, Simultaneously trading on both markets at the same time...

Yes, shares of a company can be traded simultaneously on both the US OTC market and a foreign market like South Korea. This is a form of dual listing, where a company's shares are listed on multiple exchanges, potentially providing more liquidity and access to investors. A company might choose to be dual-listed to increase its global reach and attract investors from different markets.
Here's why this is possible and some key considerations:
Why Dual Listing?
Increased Liquidity:
Listing on multiple exchanges can boost trading volume and make it easier for investors to buy and sell the shares.
Access to Capital:
A dual listing can broaden the investor base, potentially increasing access to capital for the company.
Broader Investor Base:
It allows investors in different countries to access the same shares, potentially increasing the company's market capitalization.
24/7 Trading:
If the exchanges are in different time zones, the shares can trade for longer periods, potentially increasing liquidity.
How it Works:
Listing Requirements:
Companies must meet the listing requirements of each exchange, including financial reporting and other regulatory standards.
Cross-Listing:
A company might list its shares directly on a foreign exchange, or it could list American Depositary Receipts (ADRs) or Foreign Ordinary Shares (FOS) on the OTC market in the U.S.
Dual-Listed Company:
A "dual-listed" company has separate legal entities listed on separate exchanges but, operationally, acts as one company.
Foreign Ordinary Shares (FOS):
Some companies may have their foreign ordinary shares traded in the U.S. OTC market, which are priced and settled in U.S. dollars.
Example:
A company might be listed on the Korea Stock Exchange (KRX) and also have its shares traded in the U.S. OTC market through foreign ordinary shares (FOS) or ADRs.
Key Points to Remember:
Exchange Rates:
The price of the shares should be the same on both exchanges after accounting for exchange rate differences due to arbitrage.
Regulatory Differences:
Companies need to navigate different regulatory requirements, compliance standards, and accounting practices for each exchange.
Cost:
There can be costs associated with initial and ongoing listing fees, as well as potential costs related to compliance and accounting.

Something I was wondering about...

AI Overview


Yes, South Korean residents can purchase shares on the over-the-counter (OTC) market, specifically on the K-OTC market, which is South Korea's official formal OTC market. The K-OTC offers a platform for unlisted stocks to trade and provides market functions, according to KCMI ???????.
Here's a more detailed explanation:
K-OTC:
The K-OTC (Korea OTC Market) is the primary platform for trading unlisted stocks in South Korea.
Trading for Unlisted Stocks:
The K-OTC facilitates the trading of shares of companies that are not listed on the main stock exchanges (KRX or KOSDAQ).
Formal Market Functions:
KCMI ??????? notes that the K-OTC performs the necessary market functions, ensuring a structured and regulated trading environment.
Different Divisions:
The K-OTC is divided into three sections: K-OTC Market (for companies meeting disclosure requirements), K-OTCBB (Bulletin Board, for all unlisted stocks), and K-OTC PRO (for equity securities issued by unlisted corporations), according to RBC Investor Services.
Accessibility for South Korean Residents:
South Korean residents can access the K-OTC market to purchase shares of unlisted companies.

MIA Global, Inc. is traded under the stock symbol ALYI on the OTC Markets. This refers to Alternet Systems, Inc., which MIA Global has acquired. While MIA Global is the parent company, the stock symbol ALYI is used for Alternet Systems. Yahoo Finance and Stock Titan further confirm this information

A parent company is a company that controls another company or companies, usually by owning a controlling stake in their outstanding voting shares. This control allows the parent company to influence the subsidiary's operations and strategic direction. Parent companies are often formed through acquisitions, mergers, or by starting new businesses under their control.


Responsibility:
Parent companies have responsibilities to their subsidiaries, including providing resources, guidance, and support, as well as ensuring compliance with relevant laws and regulations.

Company Verified Profile, has been removed...


https://www.otcmarkets.com/stock/ALYI/disclosure

NEWS
MIA Global in the news
On the subject of the tariffs: “ We hold the line..”
Seoul, Shenzhen, New York April 9, 2025
Michelle Boos, CEO of MIA GLOBAL INC, and Chairman of ALYI (soon under another ticker symbol) has celebrated President Donald Trump’s Liberation Day Tariffs action on all nations including MIA GLOBAL’s factories in China. “This was long overdue. The greedy days of enormous margins and profits which the few elites reaped across the board globally are over...

https://stkt.co/PhMlNVJ_

This is a laugh. (ALYI) creating revenue growth and supporting ALYI’s business plan to operationalize opportunities in the e-Mobility and green transportation sectors, primarily in developing markets such as Kenya.




ALYI
Alternet Systems Inc New (PK)
0.00065
-0.00005 (-7.14%)
Volume: 2,743,562
Day Range: 0.0006 - 0.0007
Bid: 0.0006
Ask: 0.0008
Last Trade Time: 3:53:47 PM EDT
Total Trades: 25
1D
1M
3M
6M
1Y
5Y
Chart for Alternet Systems Inc New (PK)
ALYI Detailed Quote

AI Overview


+1
A company name change on the OTC markets can take 2-4 weeks for OTC Markets Group to process the application and provide authorized user credentials to OTCIQ, and the SEC's EDGAR Staff can take a few days to review and approve the name change.



MIA Global intends to make further public updates on its plans for Alternet Systems (ALYI) as developments proceed. The first action contemplated will be an operating company name and ticker symbol change to reflect the new branding and business focus for this independently operating subsidiary. With its partnership with one of the top leading lithium battery manufacturers in the world, MIA GLOBAL will supply high-quality and innovative e-mobility products to its new subsidiary, (ALYI) creating revenue growth and supporting ALYI’s business plan to operationalize opportunities in the e-Mobility and green transportation sectors, primarily in developing markets such as Kenya.

Electric Vehicles $ALYI https://www.mia-global.com/

Patience is a virtue $ALYI https://mia-global.com/releve/news/13041115-mia-global-inc-to-acquire-controlling-interest-in-alternet-systems-inc.pdf

MIA Global, Inc. to acquire controlling interest in Alternet Systems, Inc. $ALYI

MIA Global is a green energy company conceptualizing, designing, manufacturing and commercializing e-mobility products for automotive, maritime and aeronautical uses. MIA Global's current operating business focuses on the commercialization of in-house manufactured e-bikes, golf carts and specialized batteries for niche applications. MIA Global affiliated companies have sold over 5600 electric vehicles since 2010. In 2022 it expanded into the USA with a corporate office in New York. After a successful 2023 CES Show (Las Vegas), MIA Global has partnered with importers, distributors, and dealers on the East and West Coast of the United States with sales currently focused on electric golf carts, e-bikes, scooters, three wheelers, e-utility vehicles, and electric boats.

The company has additional offices and a factory in Seoul, South Korea. With its partnership with one of the top leading lithium battery manufacturers in the world, MIA GLOBAL will supply high-quality and innovative e-mobility products to ALYI creating revenue growth and supporting ALYI's business plan to operationalize opportunities in the e-Mobility and green transportation sectors, primarily in developing markets such as Kenya. MIA Global's current operating business focuses on the commercialization of in-house manufactured e-bikes, golf carts and specialized batteries for niche applications. Customers and investors can see first-hand MIA Global, Inc. products in the upcoming CES 2025 in Las Vegas, NV as well as at other PGA sponsored trade shows.

MIA Global intends to make further public updates on its plans for Alternet Systems as developments proceed including possible operating company name and ticker symbol changes to reflect a new branding and business focus. Dr. Randell Torno will stay on as Chief Executive for ALYI.

For more information, please visit: www.mia-global.com and http://www.alternetbike.com. For press inquiries contact at info@alternetbike.com. Phone 214.304.2686.

https://www.prnewswire.com/news-releases/mia-global-inc-to-acquire-controlling-interest-in-alternet-systems-inc-302267410.html

So I just found this, draw your own conclusions...This would explain the need for a name & symbol change...

AI Overview


+1
MIA Global, Inc. is traded under the stock symbol ALYI.
Here's a breakdown:
MIA Global, Inc. is the company's name.
ALYI: is the stock symbol used to identify the company's shares on the stock market.
MIA Global, Inc. recently acquired a controlling interest in Alternet Systems, Inc.

https://www.mia-global.com/page-news.asp?contenu=news

Seoul, Shenzehn, New York – 17 March 2025,
MIA GLOBAL has completed the acquisition of the controlling interest in Alternet Systems Inc, (USOTC: ALYI) making ALYI another MIA Global affiliated company. MIA GLOBAL has nominated a number of new board members, including Ms. Michelle Boos as the new Chairman. Other new board members include Mr. James W. Long and Mr. Nolin Han. Mr. Ed Bollen will exit the board and relinquish controlling interest in the company.



MIA Global intends to make further public updates on its plans for Alternet Systems (ALYI) as developments proceed. The first action contemplated will be an operating company name and ticker symbol change to reflect the new branding and business focus for this independently operating subsidiary. With its partnership with one of the top leading lithium battery manufacturers in the world, MIA GLOBAL will supply high-quality and innovative e-mobility products to its new subsidiary, (ALYI) creating revenue growth and supporting ALYI’s business plan to operationalize opportunities in the e-Mobility and green transportation sectors, primarily in developing markets such as Kenya.



MIA Global is a green energy company conceptualizing, designing, manufacturing and commercializing e-mobility products for automotive, maritime and aeronautical uses. MIA Global’s current operating business focuses on the commercialization of in-house manufactured e-bikes, golf carts and specialized batteries for niche applications. MIA Global affiliated companies has sold over 5600 electric vehicles since 2010. In 2022 it expanded into the USA with a corporate office in New York. After a successful 2023 CES Show (Las Vegas), MIA Global has partnered with importers, distributors, and dealers throughout the United States with sales currently focused on electric golf carts, e-bikes, scooters, three wheelers, e-utility vehicles, and electric boats.



The company has additional offices as well as a distributorship in Oklahoma, and a factory in Seoul, South Korea. MIA Global’s current operating business focuses on the commercialization of in-house manufactured e-bikes, golf carts, and specialized batteries for specialized applications.

https://stkt.co/PhMlNVJ_

Why waste your time on a garbage scam ticker ? These get-rich-quick scams rarely work.

100% fraudulent scamming bullshit nonsense. What happened to their imaginary electric motorcycles?
ALYI Alternet Systems, Inc., through its subsidiaries, focuses on providing digital payments and data analytics,...blah blah blah.....

ALYI's been a blatant obvious scam for years. Gambling on scams is risky.

I’m not surprised. Con artists are usually very entertaining / charismatic.

Really is funny- but sad too- since there are actual people who hv lost REAL money. 

I sent this inquiry to MIA Global and their reply followed a day later...

I was informed to send any emails concerning ALYI to this email address, investors@mia-global.com, but they don't reply...Is this still a valid email address...Thank you for your time...


please be advised that we were flooded with over 3000 spam emails on all of our emails and that Mr. Stephen Mater had to reset his email password. Our IT department had to undertake protective measures.

If you are a proven stockholder of ALYI he will respond to you.

Sincerely


TEAM MIA GLOBAL/ALYI

It needs a massive update.

$ALYI Alternet Systems, Inc., through its subsidiaries, focuses on providing digital payments and data analytics, micro segmentation, and marketing intelligence services for the mass consumer goods, payments, financial services, and telecommunications sectors. It offers financial services software, including biometric authentication, multichannel payment solutions, electronic point of sale modernization, payment processing, and data analytics tools, as well as NFC point of sale solutions for the mobile financial industry. The company is also involved in the modernization of the electronics point of sale legacy infrastructure expanding the useful life of the electronic point of sale; and including new payment functions in the terminals, such as bill payment, electronic top-up, and native payments with digital currency at the point of sale. In addition, it provides data analytics tools and services for the telecommunications and financial services industries. Further, the company produces and sells electric motorcycles. The company holds a partnership with iQSTEL, Inc. to codevelop two-way device communication solutions specific to the EV operating environment. Alternet Systems, Inc. is headquartered in Miami, Florida.

$ALYI Solid. $.005 coming in 2025 imo

They're get-rich-quick gamblers, not investors.
It's actually getting more and more humorous reading these posts. How cud anyone possibly invest in this? Total insanity

It's actually getting more and more humorous reading these posts. How cud anyone possibly invest in this?  Total insanity

I also sent an inquiry to the email address that was provided with the return inquiry from MIA Global...This is their reply, pretty prompt I might add...

I was just wondering if there is a connection between you and, Jimmy Long truck country of tahlequah, because I can Google their location, but I can't Google your location...

Hello,

Yes we are related and own both companies. My name is Joshua Long and I run both location. How may I help you?

Thank you,
Joshua Long


To: Jimmysevworld@mia-global.com
Sent: Thursday, February 20, 2025 7:13:28 PM

Mr. Jimmy Long is associated with Jimmy Long Truck Country, he is the General Manager of the Jimmy Long Truck Country located at 5232 S Muskogee Ave, Tahlequah, OK, 74464. They specialize in pre-owned trucks and offer a wide range of vehicles.
Sent email to jimmylong7777@aol.com: Question:
Do you have any connection to Mia Global? Sent Feb 20, 2025
Answer: Yes Mia outdoors distribution services Received Feb 21, 2025
918-718-7544
Sent from my iPhone

ALYI's a blatant Penny-Scam Fraud

Yeah, I checked too...It's my guess that the Jimmy Long connection is it, they appear to be reputable and their customer satisfaction looks to be pretty good...

No search results for Jimmys ev world. There is a Jimmy Long truck dealer in Broken Arrow, OK. On Google maps, Broken Arrow and Tahlequah, OK appear to be in the same vicinity. Wonder if Jimmy Long truck dealership is the same Jimmy Long in SJ Han's email.

I sent an inquiry off to MIA Global and this was their response to the inquiry...

Dear SJ Han,

You said that you hoped to be able to provide more ample news in December, concerning the Name change & Symbol change...I was just wondering how things are coming along with this issue...Thank you for your time, have a nice day...



sjhan@mia-global.com>
Sent: Thursday, February 20, 2025 1:05:30 AM

it is currently out of our hands. Filings are prepared and so is the press release.

In addition our new official signed US distributor is Mr. Jimmy Long and jimmy's ev world in Tahlequah Oklahoma. You may reach them concerning any needs for ev products. Jimmysevworld@mia-global.com

Regards

SJ Han

I guess we wait and find out...Nothing is real until it's real...