Very powerful interview from $ALYE CEO Aly Energy:

http://www.proactiveinvestors.com/companies/stocktube/10690/aly-energy-services-ceo-says-its-strong-earnings-will-bolster-growth

LOL...aahh shucks. I count at least 15 posts you've made to this "empty room" so why do YOU keep posting.

Funny how peeps STUCK in RS SHAMS like this want no one else to comment,seen it time and time before.

As STATED this SHAM claimed 3 years ago they were a goin' to NASDAQ if you just put up with a 1 for 20 RS. Then they did one what last December,now ANOTHER one. If you don't like my posts then hell hit the block button and never see them.

Bottom line bud is BAGHOLDERS of this FRAUD have already LOST almost half of their investment in 24 hours. The next half will come soon. Oh...and when their TOAST the DILUTION starts all over again. Not my first trip to the RS rodeo.

I guess you been around since the first r/s that was indeed to flush out shareholders, a very common move when a 'real' company takes over a shell with big board uplist as the end game.

As far as this r/s, they did give shareholders almost a month to get out and there was definitely bids up to .38 X 20,000 shares. This ain't nowhere close to like every other POS pinksheet that announce the r/s the day after it happens and don't reduce the authorized. This is how big money rolls and face it, not everyone can stomach the ride.

So if you didn't sell in that time I seriously don't know what to tell you, and if you have no shares I guess... thank you???? for being a good Samaritan???

Anyhow, you do know the board only has 4 followers right? So you're basically posting inside an empty room with no listeners... as a matter of fact, this chat room has absolutely zero influence over the stock or this company's business.

I'm taking myself off here as MOD and probably won't post here anymore. If you cool down and want to have a civil conversation I'll get back to you but until then, peace out.

DOWN nearly 44% in four hours. That's what an RS will do to ordinary shareholders/bagholders. Lucky it isn't worse,that ONE share trade to get this back to 5.25 helped. Oh...and overnight you LOST 95% of all the shares you USED to own.

BTW...funny to read posts from THREE YEARS ago where they ran this same 1 for 20 RS CON all for the sake of up ticking this Company and it's stock to NASDAQ.

8-K this A.M. announcing new authorized share count:

15,000,000 Authorized
5 million NEW preferred

We'll see tomorrow. In the mean time, there's 35 minutes left for anyone to dump shares that want out, I have my bids in and will be more than happy to take them.

Uplisting has no volume quotas, just keep the stock at or above a buck and keep filings current and transparent.

The AS doesn't drop with a RS and will remain at 200M shares unless they specifically have stated it will be lowered to 10 million shares on 8/8/18.

And...if peeps had a buck for each time a penny stock Company claims their going to "uplist" they'd never have to work again. First off their share count will be to low post RS for NASDAQ and the pps will have to be at $4.00 or above daily. I think there are also volume requirements but not sure,I'd have to look.

Email from CFO from when they announced the r/s



Quote from last quarterly report:

Yep,have yet to EVER see a RS that didn't take long time shareholders and throw them under the bus so management and directors can make out like bandits.

An RS is done for two reasons,get a low share count to sucker in the GULLIBLE and then after they've bought start DILUTING the hell out of it all the way back up to the max AS. For a penny stock 13.8M shares is very small,most penny stocks have BILLIONS of shares--so why RS this one?? Oh wait.....

Usually preferred stock is tied to this dilution and those lucky enough to get those shares get to convert them at a later date and make out like a bandit. If the current pps holds this stock will be $7.60 at the opening bell tomorrow. See how long that lofty price holds.

Post r/s authorized will be 10 million shares, float will be 487,242 shares, outstanding share count will only be 690,951 shares.

Preferred will be split as well as the CFO told me.

Last Q reported 35 million in assets and 9.2 million in liabilities w/ revenues up over 50% Qtr. over last year's Qtr. The company reported over $11,000,000 in revenue last year.

Their last reported shareholder equity is over $25,000,000.

Fully diluted and post r/s, insiders are aloud up to 8 million shares (80% of the company) for their preferred but, the preferred are not converted yet as they are the investment seed the company is using to grow and have to be approved by the CEO who controls the majority of the preferred.

Could not agree more. Reverse splits are for the benefit of the company, NOT, current investors. I regrettably started buying ALYE several years ago with the belief its current management would work the same magic as with Allis Chalmers. At one point I held nearly 100,000 OTC shares of this company and now am about to experience my second 20 for 1 reverse split, losing thousands along the way. I fully understand the choice to purchase all of these shares was mine alone, but continuing to dilute as they are is doing investors such as myself no favors.

REVERSE SPLITS are a DISASTER for existing shareholders. Anyone holding 100,000 shares of ALYE--soon to be ALYED will wake tomorrow morning with only 5,000. 10,000 shares,now you only own 500.

The Ask will be $9.20 per share at the bell (at the present pps),how long you think that will last?? A lower share count doesn't suddenly make a stock worth 20 times what it was the day before. And...an RS doesn't effect the AS,they could start diluting this back up in a couple of weeks.

I've seen this distruction over and over and in time the pps will be right back down to the original 0.468 cents--or lower.

Here's something good:

Response from CFO,

Some recent updates:

Last 8-K announced a 20 for 1 reverse split.

Also the authorized went up to 200 million shares which post split will be 10 million shares.

This should be the green flag indicating they are ready to up-list to NASDAQ/NYSE. Hopefully not and I doubt the NYSE-Market (AMEX) but we'll see.

It's also the quick way to get the pps way above the $1 minimum requirement. In this case and per the 8-K, $7 pps appears to be the target minimum.

Post split there should be 690,951 shares outstanding of which, 487,242 will be floating.

Currently fully diluted value is roughly .35 per share and book value is approx. $1.90 a share.

Post split book value should be around $38.00 pps.

But now looking at, IF the Series A are still convertible into 53,628,842 common shares, + the post r/s o/s of 690,591, that would give us a fully diluted value of approx. .54 pps. This is the number that makes everyone nervous but in all reality, it simply means insiders will still be locked in at approx. .35 pps. Common holders now need the pps to maintain between $6 - $7 to stay break even.

What we don't know is what they are doing with the preferred for the split. If they changed the structure, my DD here is oblivious. But so far I can't find anything in the filings pertaining to conditions to the preferred in the event of a split so, have to ASSume they will remain intact as is.

If there was ever a time for the company to release a PR, this would be it, BEFORE AUGUST. Though not many of us, the few shareholders there are deserve a little insight as to WTF is happening with the company... future plans, preferred share structure after the r/s, target acquisitions, some revenue guidance, etc.

All in all I'm good with the split. As long as we can maintain a $7 pps, no one loses.

Also w/o the split it would be almost impossible for the company to make any acquisitions without diluting the S/S to an unfeasible quantity.

So post split we're looking at close to 10 million commons to be used for what I would speculate acquisitions and an extremely tightly held float.

This way at lets say the low end of $7 pps, they can spend a million dollars per approx. 142k shares for acquisitions.

W/o the split and at the current pps, they would have to spend approx. 3.5 million shares per every million dollars for any acquisition deals.

This way it also keeps the fully diluted share count well under 100 million shares.

As far as long term outlook, $21.81 pps on a fully diluted basis would make the company worth just over $1.1 billion, what the Hidayatallah family sold their last publicly traded company for.

The objective is for them to make smart moves with the shares they will have for acquisitions to maximize revenues and profits while keeping dilution at a minimum.

Some might ask why can't they just blast the media to bring attention to the company. It's a good point but it will have its setbacks and make investing the money it takes to go say NASDAQ a much higher risk.

Bottom line is our investments should still maintain the same dollar value if the company continues to grow. 1,000,000 shares at $0.01 or 1 share at $10,000, it's all the same on the books.

Was a nice 125k bid this a.m. but nice we're gapped over 200% again.... news sends us to $2+! Nice paint down w/ 500 shares eod... lol, patience everyone, we have a golden goose here!

Was nice to see those shares finally get bought.

Fully diluted the company's worth approx. .33 pps, right where insiders own the controlling preferred. So anything picked up down here is like getting in where insiders did in my opinion. But also keep in mind, there is no debt, sales are way up Qtr over Qtr, and currently common are worth just under $2 pps while the preferred stay intact.


They did update their company profile and s/s on the otcmarket's website on the last business day of the quarter, like clockwork.

I tried getting ahold of the CFO but she's out if the office until next week. I'll post my questions and answers here when she gets back.


She did tell me to pass the word to anyone with questions to reach out to her last time we talked.


Short term outlook, lots of patience needed but worth the wait. They apparently won't release fluff news, which is great in my opinion.

Long term, I believe we are closer to a big board style PR campaign everyday. Every quarter the numbers are improving, I don't expect anything less for Q2 that just ended. Once they have their numbers looking their sharpest, we should get the news we've longed for.

Had a chance to check n today and I'm really surprised the volume picked up like this on 7/3. Anybody hearing anything. Be nice to get a pr with some teeth.

I didn't see that... I know ALYE states they're shopping for acquisitions in their filings... so I'm just chilling until they make an announcement.

What I would like to see is some of these bids to get filled, would really help loosen up the trading... get some nice volume churning before they make any announcements.

SAEX has bid $20 million on their chapter 11 assets

??? GEOK ???

ALYE let’s bid on GEOK assets for exposure!!!

How long until we see a couple Form 4's showing the CFO buying shares in the open market...…….. just a thought, would be nice though!

We need the otc website, company info updated to reflect the current CEO and officers. An update on the share structure would be nice as well...

Please, give us a sign of life.

Thanks for the heads up. Been busy and just check in on phone app and ihub. Hope your right and we get some good news. I’m still holding and adding here and there but be nice for some prs. Lately I’ve added more ptotf just cause shares there are easier to add where I want but very happy waiting here just try’s a guys patience. lol

8-K filed today. Micki Hidayatallah CEO again. With him, his daughter and Price, we have the same team now that took his last company to the NASDAQ.


Is that a 'real' press release I faintly smell in the distance coming this way????

….you'd think they'd give us an update....
lots going on in the numbers...
but what happened to Kundagrami would be nice to know...


Hoping this is a buy signal and the start of a healthy PR campaign... it's the only thing missing imo...


Also just to point out again... Pelican owns the only preferred issued and outstanding at right around .33 cents a common share....

...the BOD of Pelican are already very wealthy people who bought these preferred with their own money.... $16 million worth,,,,

...these ain't bought garbage from their state business license office for a $100 fee to dilute a company-less shell...

...this is the real deal and how the fat cats roll...


I'm betting there ain't no way they're going to convert them... would be like burning $16 million dollars...

I'm coat tailing it to dollars...

You're welcome. I've seen this strategy used several times over the years on different tickers, most of which were big board companies or companies that eventually up-listed to a higher tier.

It can be a lengthy but effective process that allows insiders to closeout all outside debt and use their own funds for credit lines to the company. In other words they own the entire company including the debt.

The green flag to buy was once insiders paid off all outside debt, created lines of credit, and backed it with preferred placements using their own money.

It should take a few quarters for the true potential to be reflected in filings and so far from the last 2 quarterly reports, I feel very comfortable with my investment here.

We have to remember that it's still considered a high risk but the way I see it is, the management running the company have been down this road before and so far have taken all the means necessary to secure success.

They experienced I believe over a 50% increase in revenues YOY for the period ending in March. And even though expenses increased on a dollar scale, they decreased on a percentage scale which indicates solid growth.

The most accurate eps after the restructure was reflected in the last filing as well. They were at just about breakeven which strongly indicates a strong positive eps should be reported for next quarterly filing.

We can speculate a forward split to accommodate acquisitions needed for growth and estimate the company will eventually be able to handle up to 250 million common shares outstanding and a $3+ pps on a fully diluted basis.

Not happening over night but well on track for a NASDAQ or NYSE up-listing and exponential growth.

Thanks Sobek for taking time to cover the preferred again. I know this was all covered here last fall but for someone new or people that don’t understand you do a excellent job explaining things. You explained this to me when I first started DD and it was a great help. I’m still picking away anytime I’ve got any extra money.

GLTU

Insiders also own approx. 60% of the commons, this leaves roughly only 5 million shares in the public's hands.

First major PR should cause a buying frenzy, especially if word gets out to experienced big board players of who's running $ALYE.

A good, solid day of trading a million + shares should push us well over a buck.

Currently the highest volume day in past 5 years has only been around 70k shares.

Yes, and it's reflecting very solid and steady growth. One of the most promising solid growth companies in my HR portfolio.

Preferred owned 100% by insiders by means of llc w/ founder as majority holder and sitting as chairman.

The preferred didn't appear overnight either to purposely dilute shareholders like most OTC companies do.

It was a long process of several years when oil was at historic lows and done to save the company while avoiding a BK.

True, fully diluted company's worth approx. .35 pps but, you don't bring on wealthy industry experts and use personal money to payoff debt, create a revolving line of credit, and do internal restructure to break even and dump shares.

You do it because you know the company is now poised for exponential growth and their preferred positions are their investments.

This ain't a quick flip or over night rocket. Founder's last public company started off the same way and he sold it for just over a billion dollars.

Same deal with $ALYE, insiders own all of the debt and credit lines by means of preferred shares.

Current book value of commons is $1.95 with a long term pps target of a minimum of $3 which will make the company worth around $250 million fully diluted.

If someone doesn't have the money or patience to play this, then plenty of big bids waiting to get filled.

Also FWIW, the CFO has an open line of communication for all shareholders. She's a wonderful lady and very professional. I suggest anyone not sure of what this company is about, to give her a call or shoot her an email.

I spotted the 10Q and was pretty excited about this until someone informed me of the preferred stock.

I should have read the 10K before buying. Doh!

U guys have a chance to go through the 10q. I gave it a quick glance didn't see anything to scare me off. Looks like revenue is definitely reflecting the higher oil price. Jeez just need them to put out a pr about the quarter results.

Agreed if they issue some pr's to get eyes on this it will jump past $1 easily.

No doubt. We're way undervalued right now, at some point they'll need to do a solid PR campaign to bring in the attention and then we should cruise to a buck pretty easy.

10K Reflecting a $1.87 pps book value and the improvements YOY are absolutely fantastic. All that's missing is the PR's and a good push from the company.

Thanks for the heads up. This one is definitely worth being patient on.

Not saying much except they're very busy and material updates will be released by 8K. Sounds like update very soon but they wouldn't comment directly. All in all, I'm happy with my position and have the patients to wait. FWIW I called, easier than emailing.

I haven't tried to contact anyone at co. If they get back with you please share. Let's hope they get some news out or at least hint around about what's going on. Hate to shed investors here because they are simply running out of patience.

Just emailed the CFO asking WTF. Anyone here been in contact? She said updates around fins... been almost 2 weeks since they filed...

Cool, they saved you a few bucks and got your fill below .30!

Anything bought between .30 and .35 and is literally the same range that insiders own the company for on a fully diluted basis.

Interesting I had order for 1500 @ .30 & a order for 6500@.29 and it was showing a total of ~800 traded at .30 now it shows 1500 total traded and they filled my 1500 order @.295. Maybe that’s normal I guess I’ve never been n this thinly traded stock to ever catch it. Guess maybe mm waited till they had 1500 to fill my order at one time.

Absolutely, just a matter of when news hits then it should be off to the races, but until then, I have my bids in as well!

Agreed. I'm setting at .29 now just in case somebody gets dumb again. If the plan is to up list they will need more shareholders and the only way is to give them a reason to buy. They will release good news and these prices will look very cheap down here. The executives here didn't pump money into ALYE to waste it, they are way to savvy.

Some decent blocks on the ask, bids moving up, should start seeing a little movement here soon...

We're in at bottom level prices.

In the last 6 months they have gone from a delinquent pink sheet to an undervalued gem ready for uplist to the NASDAQ.

Their BOD is made up of wealthy industry pros with decades of experience.

All the debt was bought by the BOD. Now their LLC (pelican) controls over 65% of the company. This is a move many big board companies do to manage upper management investments fairly.

We're golden imo. The only thing missing is alerting the right investors, everything else is done and in place.

O/S unchanged, book value reflecting a $1.88 pps.

$ALYE well positioned for profitable acquisitions while trading undervalued like this.

Watch for PR/8K, with this much equity they should already be shopping.

ALYE Security Details
Share Structure
Market Cap 3,869,326 04/02/2018
Authorized Shares 25,000,000 11/29/2017
Outstanding Shares 13,819,021 11/29/2017

Last company they took public, (former NYSE: ALY), used to trade millions of shares a day. They sold it for $1.1 billion with like 250 million shares outstanding... that's just over $4 a share,,,

$ALYE on the same track to dollar land.

Won't take much, less than $20k showing on the ask then it should thin out big time.

Plus BOD already in place. They are set, just need the pps up for uplisting to the big board.

Yep, looks like they're following NASDAQ standards down to a tee for fully reporting companies... huge green flag on what the plan is. You read the management bios... damn bro, some serious experience running this...