ALYI Online QTRLY RPT Presentation To Include LEXG Update
November 20 2017 - 1:47PM
InvestorsHub NewsWire
Dallas, TX -- November 20, 2017 -- InvestorsHub
NewsWire -- Alternet Systems, Inc. (USOTC:
ALYI) today announced that the online shareholder presentation
scheduled for tomorrow, Tuesday, November 21, 2017 to review the
recently filed quarterly report, and highlight the company’s
transition to a new lithium energy integration and development
business plan, will also include an update on the company’s ongoing
business developments with Lithium Exploration Group, Inc.
(USOTC:
LEXG). The report will detail the company’s
portfolio of ten lithium technology
patents acquired from Air
Products and Chemicals, Inc. (NYSE: APD)
and the company’s strategy to win lithium energy
integration and development projects. The presentation will
also address the current financial statement and how it reflects
the previous financial services business, not the current lithium
business, and what changes shareholders can anticipate in future
financial statements as old liabilities associated with the
previous business are cleaned up and new operating assets are more
clearly reflected.
Alternet’s New Lithium Technology Integration
And Development Strategy
Alternet’s business strategy
is to partner with prominent third parties
producing products and services that require stable, safe, long
duration power in high impact operating systems. Within such
partnerships, Alternet and each partner will together develop an
integrated solution that includes a power component based on
Alternet’s lithium technology. Alternet management has an
extensive background in military industrial solutions. The
original technology developer did not concentrate on military
applications. The combination of Alternet’s military
background and high potential of the technology for applicability
in military solutions presents a promising partnership development
opportunity. At the same time, Alternet is also developing
partnerships separate from the military industrial sector to
include the EV and HEV partners. Several potential partners
participated in Alternet’s vetting process when identifying and
selecting a technology to acquire as the foundation of the
company’s strategy to bring a stable, safe, long duration power
solution to market for high impact operating systems.
Partnership announcements are anticipated to be forthcoming
soon.
Learn more on the company's
website: www.otc-alyi.com or www.lithiumip.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.
Alternet Systems, Inc.
Contact:
Randell Torno
info@lithiumip.com
1 800 713 0297
https://www.otc-alyi.com/contact/