ALYI Steps M&A Initiative To Expand Alternative Energy Storage Reach And Electric Build Vehicle Production Capacity
March 20 2019 - 1:02PM
InvestorsHub NewsWire
ALYI Steps M&A Initiative To Expand Alternative Energy
Storage Reach And Electric Build Vehicle Production Capacity
Dallas, TX -- March 20, 2019 --
InvestorsHub NewsWire -- Alternet Systems, Inc. (USOTC:
ALYI) (“ALYI”) today announced an online presentation scheduled
for Tuesday, March 26th, 2019 to provide an in-depth
update on the company’s merger and acquisition (m&a) strategy.
Last month, the company announced specific plans to pursue
the acquisition of a shuttered electric car manufacturing
plant. Subsequently, the company announced the shuttered car
plant acquisition was part of a larger overall m&a initiative.
On Tuesday, next week, management will detail a comprehensive
m&a strategy to expand both the company’s alternative energy
storage reach and electric vehicle production
capacity.
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 has recently announced $2 million in orders of its Revolt
Electric Motorcycles. ALYI also recently launched a hemp energy
storage initiative.
Research Report
Speculative Buy Rating And $0.09 Target
PPS
Goldman Small Cap Research recently issued a research
report update on the Company. The report confirms 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-update
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 Torno
info@lithiumip.com
+1-800-713-0297
Alternet Systems (CE) (USOTC:ALYI)
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