Alternet Systems Inc New (PK) (ALYI) News

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...

Could be significant, but likely not?

I find the last paragraph interesting...

Shell Risk

The Shell Risk designation indicates that a company displays characteristics common to Shell Companies. This designation is made at OTC Markets’ sole and absolute discretion based on an analysis of the company’s annual financial data and may differ from issuers’ self-reported shell classifications in their own public filings. Our analysis evaluates asset composition, operational expenditures, and income related metrics. No action is required by a company to perform the evaluation other than publishing current annual financial information.

In limited circumstances, OTC Markets will consider removal of a company’s shell risk designation upon written request by a company. Please be advised that such requests will only be considered when there has been a material change in financial condition since the most recent fiscal year-end that is reflected in publicly available interim financial statements. Examples include a material increase in asset composition or operating revenues with related financial disclosure as a result of an acquisition or change in control transaction.

The Report was a joke over 3 Billion shares outstanding and no money.

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

They've removed the Shell Symbol...

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

Per AI
MIA Global has 5 to 10 employees
ALYI has 2 full-time employees
Wow two large employers
This information is only as accurate as AI can research.
AI gave a number for ALYI, when called it was discontinued
Any information given by AI is questionable for MIA (MISSING IN ACTION) Global and ALYI
Shelf the stock and forget about it.

I am old school and texting is not as real as speaking with a legit person. Why would anyone own a company and file a false telephone number to contact? Not even a dead number, but one from some BS deal. Did you or anyone else ta a moment to give it a call?

I sent them an email, we'll see if they get back to me...They did the last time I sent them an email...

They did not say where they were getting the list of current shareholders. Have you called the number below listed with the company address? Looking more like a fraud to me. Call the number. Total Bull crap!
Disclosure Statement Pursuant to the Pink Basic Disclosure Guidelines
ALTERNET SYSTEMS, INC
A Wyoming Corporation
908 Audelia Road Suite 200 No 232
Richardson, Texas 75081
1(800)713-0297
https://alternetbike.com
info@alternetbike.com
7380 – Miscellaneous Services
Annual Report
For the Period Ending: 12/31/2024.
(the “Reporting Period”)
Outstanding Shares
The number of shares outstanding of our Common Stock was:
3,057,453,752 as of December 31, 2024
3,057,453,752 as of September 30, 2024
3,057,453,752 as of December 31, 2023
3,057,453,752 as of December 31, 202

I still think ALYI is going to become the ticker for MIA GLOBAL since they aren't listed anywhere...I posted this link a while back, it's kind of where I started getting that feeling from...Watch the whole interview...

https://stkt.co/XGsTPMXx

The Annual Report was posted this morning, we are still Pink...So, we keep our fingers crossed and continue hoping for the best... 🤞😉


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

That would be my guess looking in from the outside...But like I said, its only a guess...They really haven't put an official statement out on it yet...Hopefully that will be coming soon...

They would not do anything if it wasn't a done deal, Right?

Yeah, it looks good there, but they still need to hookup all of the links for ALYI's website...The only link that works is the Facebook link and it leads to a Facebook page that hasn't been setup yet...One thing at a time I guess...

Go to the Mia GLobal website, click on contacts, under weblinks you will see www.alternetbike.com

Thanks for the input...

Information from AI:
There isn't a company specifically named "MIA Global" listed on any stock exchange.

Additional Information:
Stephen Mater is the CEO and founder of multiple successful enterprises, including Bergamo, Trade X Markets, and Team 8. His professional journey is characterized by a passion for entrepreneurship and a commitment to excellence1. He has cultivated a diverse portfolio ranging from men's luxury products to online coaching services and corporate finance
Google or AI Stephen Mater.

latest response:
for all information relating to the ALYI takeover please email directly investors@mia-global.com.

Mr. Stephen Mater will be in charge of past, and present and future stakeholders. We are waiting for the list of past ALYI shareholders and respond to you if your name is on that list.

Cordially,

SJ Han