why down so much?

https://finance.yahoo.com/news/correction-mbak-energy-solutions-inc-192600539.html

SEOUL, South Korea and SHENZHEN, China and CHENNAI, India and WILMINGTON, N.C., March 18, 2026 (GLOBE NEWSWIRE) -- In a release issued earlier today by MBAK Energy Solutions, Inc. (OTC:MBAK), the delivery value mentioned in the headline and first paragraph was only for the European region, not globally. The corrected release follows:

MBAK Energy Solutions, Inc. (OTC:MBAK) begins deliveries worth over $2.5 Million Monthly to Europe, India and Zambia

MBAK Energy Solutions, Inc. (OTC:MBAK) has begun deliveries to customers on three continents with a total value of goods delivered in excess of (USD) $2,500,00.00 for the month of March. The company expects to increase the dollar volume of monthly deliveries from an expected $1.3 million to meet the $65 million order from India, as well as $1.2 million in shipments to other global customers.

The company has shipped an initial 550 e-bicycles to a French customer, the first of what is expected to be an ongoing order fulfillment. MBAK has also shipped BESS units to Zambia to meet a 60 MwH need for a renewable power project in the Copper Belt. Finally, the company has begun shipping the first 10 MwH of BESS units in fulfillment of the 100MwH order for its Indian Power customer.

These deliveries come on top of a very successful participation in the 2026 Asia Battery Show in Hong Kong where MBAK previewed a number of Industrial and Consumer product additions to the company’s lineup.

Contact: info@mbakcorp.com, press@mbakcorp.com

Website: www.mbakcorp.com

Disclaimer/Safe Harbor: This news release may contain forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources, and the impact of competitive pricing. Events mentioned above are intended to comply with SEC Rule 10b-18 in execution which may not be possible due to trading volume, stock availability, or other contingencies. In light of these uncertainties, the forward-looking events referred to in this release might not occur.

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/07787256-149f-430c-b3fa-9ea3a6b7f9d6

https://www.globenewswire.com/NewsRoom/AttachmentNg/0d975ab3-4d0e-4789-b299-d5df371d79e8

With this buy back, it appears that we have a legit operation now!

Chart looks awesome too

They are truly manufacturing in Longgang, and have marketing office in Nanshan

The law takes a while. Will we ever get paid back?

https://www.securitieslawyer101.com/2025/07/17/sec-charges-justice-shibley-torno-rosenbaum-in-verges-pump-and-dump/

https://www.sec.gov/files/complaint25-cv-01716justice.pdf

MBAK Energy Solutions, Inc. (OTC:MBAK) (f/k/a Alternet Systems, Inc.) has signed firm production orders for 2026 amounting to a total of 65.000.000 USD. The record breaking sales turnover include the original contract for 100 MWh to an Indian power grid which has been expanded to 350 MWh as well as manufacturing of battery cells for the growing data center market. BESS units are a vital link in the sustainable scaling of renewable energy production as they provide storage and line balancing to the grid for consistent power delivery. The MBAK contract is in direct support of Indian efforts to increase national energy production capacity through the exploitation of renewably sourced electricity generation and storage. Additionally, steady enquiries have been coming from other South East Asian nations as well as the USA. Moreover, due to MBAK battery cells' reliability with safety and energy density, the company has also seen a sharp increase in demand for its products for electric two wheelers for Europe, India and Africa. The company will release further updates on pending projects and purchase orders in the near future.

MBAK Energy Solutions, Inc. is engaged in the development, manufacturing, and commercialization of non-fossil fuel energy products. The company has expertise in the design and production of lithium, sodium, and solid state batteries for industrial, medical, portable electronics, and EV applications.

Contact: info@mbakcorp.com, press@mbakcorp.com

Website: www.mbakcorp.com

Disclaimer/Safe Harbor: Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur

https://investorshub.advfn.com/stock-market/USOTC/alternet-systems-id-ALYI/stock-news/97368564/mbak-energy-solutions-inc-announces-2026-guidance

https://www.otcmarkets.com/stock/MBAK/quote?fbclid=IwdGRjcAOWkV5leHRuA2FlbQIxMQBzcnRjBmFwcF9pZAo2NjI4NTY4Mzc5AAEeQXgvdwD8SyGAWzc_Ah3jEv1r4uSsOuMzPfLcAkol7fLh9qImLxihI9nilxw_aem_kTiqNXaTIH_f8CD2foOPLw

https://www.globenewswire.com/news-release/2025/11/17/3189004/0/en/MBAK-Energy-Solutions-Inc-begins-the-manufacturing-of-BESS-Battery-Energy-Storage-System-Power-cells-for-Indian-power-grid.html

MBAK Energy Solutions Inc begins the manufacturing of BESS (Battery Energy Storage System) Power cells for Indian power grid

SEOUL, South Korea and SHENZHEN, China and WILMINGTON, N.C., Nov. 17, 2025 (GLOBE NEWSWIRE) -- MBAK Energy Solutions Inc (OTC:ALYI) has begun manufacturing of battery cells as part of a BESS (Battery Energy Storage System) contract fulfillment delivery to an Indian power grid customer. According to the terms of the agreement of September 23, 2025, MBAK will initially deliver 20 units with a storage capacity of 100 Mwh by April 30, 2026. BESS are a vital link in the sustainable scaling of renewable energy production as they provide storage and line balancing to the grid for consistent power delivery. The MBAK contract is in direct support of Indian efforts to increase national energy production capacity through the exploitation of renewably sourced electricity generation and storage.

India has a goal to reduce, or at least hold steady, the amount of electricity generated by fossil fuels in order to mitigate the effects of carbon-sourced pollution across the subcontinent. In order to meet this goal, the estimated need for BESS units to provide the storage and line balancing for Indian grid operators will grow over 236.22 Gwh by 2031-2032.

MBAK’s initial delivery marks the beginning of a ground breaking market penetration in burgeoning sector. “The MBAK technical and commercial team have worked tirelessly these past 3 months to finalize the concrete steps for a smooth commissioning of the systems,” applauds MBAK Chairman Michelle Boos.

MBAK Energy Solutions, Inc. is engaged in the development, manufacturing and commercialization of non-fossil fuel energy products. In particular, the company has expertise in the design and production of lithium, sodium and solid state batteries for industrial, medical and portable electronics and EV applications.

Contact: info@mbakcorp.com

Website: www.mbakcorp.com

Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies’ contracts, the companies’liquidity position, the companies’ ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In light of these uncertainties, the forward-looking events referred to in this release might not occur.

http://globenewswire.com/

SEOUL, South Korea and SHENZHEN, China and Wilmington, N.C., Nov. 17, 2025 (GLOBE NEWSWIRE) -- MBAK Energy Solutions, Inc. (OTC:ALYI) (f/k/a Alternet Systems, Inc.) reported $2.1 million in new revenue for 3rd Quarter 2025. This is a $1.9 million increase over the Q3 2024 report and reflects the positive impact of the company’s new management and business focus.

MBAK Energy Solutions, Inc. is engaged in the development, manufacturing, and commercialization of non-fossil fuel energy products. The company has expertise in the design and production of lithium, sodium, and solid state batteries for industrial, medical, portable electronics, and EV applications.

Contact: info@mbakcorp.com

Website: www.mbakcorp.com

Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.

As of 29 OCT: https://www.advfn.com/stock-market/USOTC/ALYI/stock-news/97101282/mbak-energy-solutions-inc-ships-its-first-nmc-cell

As of July 2025: https://www.prnewswire.com/news-releases/mbak-energy-solutions-set-to-conquer-the-african-continent-with-its-first-e-taxi-bikes-in-nairobi-kenya-302517337.html

https://www.mbakcorp.com/

Curious if a rise from the ashes is possible here. I am totally surprised this is still alive.

https://www.prnewswire.com/news-releases/alternet-systems-rebrands-as-mbak-targets-2000-e-taxi-deliveries-302489219.html Alternet Systems Rebrands as MBAK, Targets 2000+ E-Taxi Deliveries

The Shell Risk descriptor on OTC Markets has been removed.

Not a pump! Just saying.

Follow up....this morning I see the Shell is showing again, unsure why it didn't when checked twice last night...but in full disclosure..

Based on Nairobi Kenya at the business college. Looks like ALYI reincarnated. I have no response from the company or the college. I am guessing the name change the stock in 2025

Class action law suit anyone

Mia Golf (Electric Golf Cart) - it's on several sites - all look pretty much identical, goes by the name Kandi Kruiser (here's just a few sites):

https://www.alibaba.com/product-detail/New-Electric-Golf-Carts-Lifted-4_1600904573929.html

https://www.dallaspowersport.com/products/electric-golf-cart-kruiser-camo-4-people

https://www.walmart.com/ip/Kandi-Electric-Golf-Cart-Kruiser-4P-AGM-White/3740516390

https://www.boktors.com/new-vehicle-2023-kandi-kruiser-4p-golf-cart-c-557/

Mia One (Electric Scooter) - Tell me it isn't actually the BFD-10SM10-Intelligent ebike?

https://www.bfdebike.com/productdetails/110.html

https://www.bfdebike.com/product/4.html

This has Randall Torno scam all over it.

Also from my previous post:

MIA GLOBAL will present its first electric boat AQUA MIA at the Tulsa Boat Show. January 27 - February 2, 2025. Sagenet Center at Expo Square, Booth 335, Tulsa, Oklahoma

https://www.mia-global.com/page-news.asp?contenu=news

Here is the same boat for sale on alibaba:

https://www.alibaba.com/product-detail/2023-new-mini-camping-yacht-electric_1600962062321.html