ALYI BREAKOUT ALERT - Up 200% In 2 Days To $0.02 High On 5 Yr Record VOL - Above 200 MA - $0.09 Analyst Recommendation
January 31 2019 - 6:12PM
InvestorsHub NewsWire
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 MA. The
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
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