ALYI Electric Vehicle Financing Update And ReVolt Motorcycle Sneak Peek Set For Later Today
July 31 2020 - 9:29AM
InvestorsHub NewsWire
Dallas, TX -- July 31, 2020 --
InvestorsHub NewsWire -- Alternet Systems, Inc. (USOTC:
ALYI) today announced an online video presentation will be
published later today with further updates on the advancing
financing of its $300 million electric vehicle initiative in
Africa. The presentation will include a sneak peek into the ReVolt
Electric Motorcycle expected to go into production later this
year.
ALYI’s online video presentation is will
provide comprehensive details on the financing partnership with
RevoltTOKEN.
RevoltTOKEN’s has entered into a $25
million investment commitment to ALYI as part of a RevoltTOKEN
planned initial cryptocurrency offering intended to raise $100
million for an overall investment into ALYI’s $300 million electric
mobility initiative in Africa.
ALYI’s current strategic financing
progress enjoys being timed with a market that is very receptive to
investment in electric vehicle
ventures.
Electric SUV maker Li, just announced raising $1.1
billion.
The share price of KANDI (KNDI)
rocketed after announcing the launch of affordable electric
vehicles.
Tesla (TSLA),
Nikola (NKLA),
Workhorse (WKHS),
Nio (NIO)
and Rivian all continue to make headlines, to name just a few of
the electric vehicle ventures capturing investor
interest.
To learn more about RevoltTOKEN,
visit www.RevoltTOKEN.com.
For more
information and to stay up to date on ALYI’s latest developments ,
please visit: https://www.alternetsystemsinc.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
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