ALYI Momentum Builds With Close Friday Above 50 and 200 Day Moving Averages

ALYI Momentum Builds With Close Friday Above 50 and 200 Day Moving Averages

New York, NY -- May 7, 2018 -- InvestorsHub NewsWire -- Alternet Systems, Inc. (USOTC: ALYI) broke through its 50 Day and 200 Day Moving Averages on Friday to a price-per-share over $0.02 following the recent publication of an analyst research report issuing a “speculative-buy” and $0.09 target price-per-share. The PPS closed Friday just off its high at $0.018, still above the 50 Day and 200 Day Moving Averages.

Goldman Small Cap Research issued a new research report on Alternet Systems, Inc. that includes a “speculative-buy” rating with a target price-per-share of $0.09. The company’s i/o is under 200 million shares and the company recently acquired a $3 million lithium technology portfolio. The lithium technology is being commercialized in the $120 billion electric motorcycle market and the company today announced an upcoming dividend distribution. The report provides an in-depth overview and analysis of Alternet’s patented lithium battery technology portfolio and the first application of the technology in an electric motorcycle being produced by an Alternet subsidiary. To view the report, along with disclosures and disclaimers, visit www.lithiumip.com/research-rpt or www.GoldmanResearch.com.

Momentum trading also building in Medreleaf Corp. (MEDFF), Gopher Protocol, Inc. (GOPH), and Puration, Inc. (PURA).

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.

Source: www.nextbigticker.com