ALYI BREAKOUT ALERT – Up 200% In 2 Days To $0.02 High On 5 Yr Record VOL – Above 200 MA - $0.09 Analyst Recommendation

New York, NY -- January 31, 2018 -- InvestorsHub NewsWire -- via www.nextbigticker.com -- Alternet Systems, Inc. (USOTC: ALYI) is breaking out on the highest single day trading volume it has seen in five years.  The company has announced entering the industrial hemp sector with hemp energy storage.  The ALYI hemp energy storage project lead, David Mitlin was featured in a recent Forbes Article.  The ALYI PPS is up 200% in the last 2 days having broken through $0.01 yesterday and seeing a high of $0.02 so far today.  ALYI has a recent analyst recommended $0.09 The current PPS is above the 200 day MAThe company released a management update earlier this week highlighting the company’s hemp energy initiative following the 2018 Farm Act legalizing the farming of hemp in the United States.  Grand View Research anticipates the industrial hemp market to grow to $10.6 billion by 2025. 

In October last year, Alternet initiated a project to develop hemp-based technologies for energy storage.  The company engaged Clarkson University Professor David Mitlin to lead the initiative.  Professor Mitlin is a leading expert in electrochemistry and a pioneer in the use of hemp as a clean, green, renewable energy in the form of a supercapacitor.  Mitlin has successfully used hemp bast – the fiber left over from processing hemp – to construct carbon nanosheets that compete with, and in some respects, outperform the supercapacitor performance derived from more typical graphene nanosheets. 

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

Alternet Systems (PK) (USOTC:ALYI)
Historical Stock Chart
From Aug 2024 to Sep 2024 Click Here for more Alternet Systems (PK) Charts.
Alternet Systems (PK) (USOTC:ALYI)
Historical Stock Chart
From Sep 2023 to Sep 2024 Click Here for more Alternet Systems (PK) Charts.