New York, NY -- October 03, 2017 -- InvestorsHub NewsWire -- Alternet Systems, Inc. (USOTC: ALYI) published an update today that included a disclosure that its patented lithium technology portfolio was acquired from a fortune 500 company:
 
“Lithium IP Holdings has an existing portfolio of patented lithium based energy storage technologies obtained in an exclusive and confidential agreement with a prominent Fortune 500 company.  A joint announcement detailing the agreement and disclosing specifics of the patents is in the works.”
 
ALYI recently acquired a company called Lithium IP Holdings that owns a portfolio of patented lithium technologies.  The Company reiterated in today’s news that it is working to update its financial reporting following the July acquisition of Lithium IP Holdings.  The publishing of the updated public reports are “imminent” and will certainly include a material disclosure regarding the lithium patent portfolio
 
ALYI Could Be Quietly Sitting On $7 Million In Patented Lithium Technology
 
In the first quarter of this year, Lithium Exploration Group (USOTC: LEXG) announced a pending $1.2 million contract with a company called Lithium IP Holdings.  Could it be the same Lithium IP Holdings acquired by ALYI?  LEXG subsequently announced engaging a third-party analyst to evaluate Lithium IP Holdings’ pending acquisition of a portfolio of patented lithium technologies.  That certainly sounds like the Lithium IP Holdings that ALYI is talking about.  The third-party evaluation estimated that the technology Lithium IP Holdings was looking to acquire had some $5 million to $7 million in research behind it and that the technology could hold a solution to lithium battery overcharging issues as seen in Samsung’s Galaxy 7.
 
See LEXG News On Lithium IP Holdings Patent Portfolio
 
ALYI’s news to day is a confirmation of our previous recommendation to keep an eye on this one.  It looks like ALYI’s Lithium IP Holdings just might be the same Lithium IP Holdings LEXG had evaluated? An ALYI joint press release with a fortune 500 company could rocket this stock.. ALYI could very well be one to accumulate now pending some big announcements coming once it get’s current.  ALYI may be the next prominent lithium play among others already in the market such as Lithium Americas Corp (LACDF), Lithium X Energy Corp (LIXXF), Far Res Ltd (FRRSF)
 
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.
 
Source: www.nextbigticker.com