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Moller International Inc. Message Board

  • redbacktill2004 redbacktill2004 Jan 29, 2014 4:19 PM Flag

    Alife.........has the funds for

    "The 50 million Euro funding agreement has enabled the company to utilize its shares to obtain both cash flow and the required funds to further develop, grow and expand our range of intelligent products for the different industries, and to make a difference to the consumer’s lifestyle. We have since our establishment, grew our capital over the period of 4 years, to over 100 million Euro.

    Sentiment: Strong Buy

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    • Jeff:

      Note that this is taken from a statement that was issued in December 2011.

      In the meantime, Alife was listed (and then disappeared) from the Frankfurt Stock Exchange. I have no idea why, and this may be a fertile avenue for investigation.

      I also note that the full statement, like most things from Alife, is very long on trendy buzzwords, and seems very short on specifics. Their transportation division, for instance, isn't even mentioned in the statement.

      • 2 Replies to canvoodoo067
      • Yes I found where they were delisted too..............haven't found their new home yet.

        Sentiment: Strong Buy

      • A few more things on Alife:

        They were evidently listed on the First Quotation Board of the Frankfurt Stock Exchange. This is described by the Frankfurt Stock Exchange as existing "with the aim to provide easier access to the stock exchange especially for small and medium-sized companies."

        "As transparency requirements were low, there was an increasing number of suspected cases of market manipulation, so that Deutsche Börse has decided, in close coordination with the stock exchange regulator of the state of Hesse and the Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht, BaFin) to close the First Quotation Board in its present form by 15 December 2012. No further companies have been included in the First Quotation Board since February 2012."

        All of the online stock quotations I can find for Alife terminate on or around November 30, 2012. Coincidence?

0.030.00(-11.76%)Jul 29 2:33 PMEDT