OTCPK:ALYI - Post by User
Comment by
xbondson Nov 21, 2013 12:05pm
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Post# 21927516
RE:RE:RE:RE:5+% shareholders per SEC filings
RE:RE:RE:RE:5+% shareholders per SEC filings
The stock is still offered cheap relative to the cash value of the company -$0.071 if the deal goes through and Alternet receives the $6.5m.
Is the market reflecting the fact that the deal is expected to get voted down....or just a reflection of the current management of the company and the fact that without Utiba there is not much there...or just a lack of interest in ALYI at all.
I'm a little surprised and as we saw some trading yesterday but as usual no follow through...there are some good support bids at $ 0.03 but that is a far cry from the levels we have seen previously in this stock.....all the supposed deals and contracts but who knows if anything has actually been done over the last year.....I suspect not much given by the price action on the stock...imho