ALYI Rated VERY BULLISH On Electric Vehicle Technology Acquisition News
New York, NY -- April 25, 2019 -- InvestorsHub NewsWire -- www.nextbigticker.com -- Alternet Systems, Inc. (USOTC: ALYI) is rated VERY BULLISH today by Stock Technical Analysis (StockTA.com/ALYI). The company has recently announced a potential $20 million order for its ReVolt Electric Motorcycles and posted its first revenue in its recent 2018 financial statement. Earlier this week the company released an update on its acquisition pipeline and indicted that a first M&A LOI would be released next Tuesday, April 30th. Ongoing Analyst Coverage has published a $0.09 PPS Target for ALYI which recently dipped below a $0.03 PPS and now looks ready based on technical analysis to rebound. Progress on the $20 million order and the M&A pipeline is likely to see the PPS head toward the $0.09 PPS Target.
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.