New York, NY – February 4, 2019 – InvestorsHub NewsWire -- Alternet Systems, Inc. (USOTC: ALYI) is rated Overall BULLISH (Short, Intermediate and Long) by Stock Tech Analysis (StockTA.com). The PPS ran from sub-penny last week to a high of $0.03 on record trading volume, and today it has retraced and is holding at $0.02. ALYI has garnered attention of late from its hemp energy storage project orchestrated by David Mitlin, recently featured by Forbes. The current PPS at $0.02 could be a good accumulation point for a potential run to $0.09. Goldman Small Cap Research recently issued an updated research report on ALYI. 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.
Entering the hemp energy storage market makes ALYI a cannabis stock. We also track other cannabis stocks to include Potnetworks (POTN), Hemp, Inc. (HEMP) and North American Cannabis Holdings, (USMJ).
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.