CORRECTION - ALYI Confirms M&A Update To Be Published Tuesday March 26th 2019
March 22 2019 - 1:30PM
InvestorsHub NewsWire
Press Release Issued Earlier
Inadvertantly Indicated 2018 In Headline. Correct Date Is
March 26th, 2019.
Dallas, Tx –
March 22, 2019 -- InvetorsHub NewsWire -- Alternet Systems, Inc. (USOTC: ALYI) (“ALYI”)
today confirmed the company’s plans to publish an online
presentation on 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
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