ALYI - Alternet Systems Hemp Energy Initiative Garners Substantial Investment Interest
February 13 2019 - 12:59PM
InvestorsHub NewsWire
ALYI - Alternet Systems Hemp Energy
Initiative Garners Substantial Investment Interest
DALLAS, TX -- February 13, 2019 -- InvestorsHub NewsWire --
Alternet Systems, Inc. (USOTC:
ALYI) (“ALYI”) today announced that the company has been
receiving substantial interest from notable investors exploring
opportunities to buyin to Alternet's hemp energy intiative.
Since bringing Clarkson University Professor David Mitlin on
board to lead and hemp energy storage initiative, and in
combination with the recent legalization of hemp farming in the
U.S. under the 2018 Farm Act, Alternet has been the recepient of
substantin investor interest. 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. Mitlin holds a U.S.
Patent for his hemp energy storage invention. "We are fairly
well down the road in discussions with notable investors and
beleive shareholders can soon expect to hear from us a major
announcment in regard to a signficant upgrade of our hemp energy
initiative, said Ed Bollen, President of Altnet Systems."
ALYI is focused on offering varied, environmentally sustainable,
energy storage solutions for targeted markets, including consumer
electric vehicles and military applications. The first product
category is lithium battery-powered motorcycles, to be followed by
motorbikes. ALYI also recently brought Clarkson
UniversityProfessor David Mitlin on board to lead a
hemp energy storage initiative. 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. Mitlin holds a US patent for his
proprietary hemp energy storage technology.
Research Report Speculative Buy Rating And $0.09 Target
PPS
Goldman Small Cap Research recently issued an updated research
report on the Company. The report includes a 'speculative-buy'
rating with a target price-per-share of $0.09. The report
provides an in-depth overview and analysis of Alternet's new
strategy, new orders, and upcoming milestones. To view the report,
along with disclosures and disclaimers, visit https://www.alternetsystemsinc.com/research-rpt/ or http://www.GoldmanResearch.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.
For more information, please visit: http://www.alternetsystemsinc.com
Alternet Systems, Inc. Contact
Randell Torn
info@lithiumip.com
+1-800-713-0297
Alternet Systems (CE) (USOTC:ALYI)
Historical Stock Chart
From Mar 2024 to Apr 2024
Alternet Systems (CE) (USOTC:ALYI)
Historical Stock Chart
From Apr 2023 to Apr 2024