Alternet Systems Inc ALYI

Alternet Systems Inc. focuses on digital payments and data analytics, micro segmentation, and marketing intelligence. It offers a range of mobile commerce and electronic ticketing payment services and solutions. The Company’s solutions include m-commerce solutions IP applications billing and e-ticketing services. It offers a suite of applications for the utilities, public transportation, financial, and telecommunications markets.

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Alternet Systems Inc

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Comment by dontknowmuchon Feb 21, 2014 4:48pm

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Post# 22236758

RE:The Future.......????

FORM 8-K

Item 5.07 Submission of Matters to a Vote of Security Holders.

Pursuant to the Notice of Special Meeting of Shareholders and Definitive Proxy Statement dated January 21, 2014, the Special Meeting of Shareholders was held on February 21, 2014. The shareholders approved the proposed transaction whereby the mobile payments business and assets of the Company's 51% owned subsidiary would be sold to Utibe Pte, Ltd. 55,017,947 votes were cast, presenting 57.42% of the outstanding shares as of the record date of January 22, 2014, of which, 54,560,406 were cast for the proposal, representing 99.16% of the votes cast.

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