ALYI - Alternet Systems Announces Spinoff And Dividend Strategy To Unlock Shareholder Value
January 04 2018 - 8:56AM
InvestorsHub NewsWire
DALLAS, TX - January 4,
2018 - Alternet Systems, Inc. (USOTC: ALYI)
today announced a spinoff and dividend strategy to unlock
shareholder value. The company is applying its portfolio of
patented lithium battery technologies to enhance the value of
electric powered products to include electric vehicles and military
support systems. Management plans to unlock shareholder value
by spinning off technology applications to delineate between the
asset value of the technology itself and the asset value created
from the application of the technology. The company’s plan is
to take advantage of the new Regulation Crowdfunding adopted by the
SEC to capitalize independently listed spinoffs where shares of the
spinoff are issued to shareholders of Alternet Systems in a
dividend distribution. The Company has published an online
presentation with more details on its plan to spinoff two
subsidiary operations in 2018 and issue shares in both spinoffs in
dividend distributions to shareholders. The presentation can
be found on the company’s website with the narrative from the
presentation available in its entirety below:
Unlocking Shareholder Value By Delineating Between Discrete
Assets
Electric Vehicle Spinoff - On July 21,
2017, Alternet Systems acquired Lithium IP Holdings. Lithium
IP Holdings has an exclusive license agreement with Air Products and Chemicals,
Inc. (NYSE:APD) for ten U.S. Patented lithium
battery technologies with an option to acquire the ten U.S.
Patents. Alternet is currently engaged in the development of
partnerships with prominent third parties producing products and
services that require stable, safe, long duration power in high
impact operating systems. Alternet, together with each partner will
develop an integrated solution that includes a power component
based on Alternet’s lithium technology. Alternet is currently
developing partnership opportunities to apply its exclusive lithium
technology in military solutions and Electric Vehicle (EV)
applications. The ongoing EV partnership negotiations
include a plan to build the partnership with in a subsidiary
established by Alternet and subsequently spun off from Alternet in
conjunction with a Regulation Crowdfunding transaction to
capitalize the new independently listed company. The spinoff
plan includes a dividend distribution of stock in the new
independently listed company to shareholders of Alternet.
Management believes the spinoff and dividend strategy is good for
both optimally capitalizing the spinoff operation and giving
shareholders the best return on investment opportunity
possible. Management expects the combination of two stocks,
one representing the value of the lithium battery technology asset
that remains in the parent company, and the other representing the
value of the application of the technology, will together yield a
greater return for shareholders than a single stock representing
the integrated value of the two.
(3 Real-World Case Studies: How
Spinoffs Unlock Shareholder Value)
Separate Technology Spinoff – In addition
to the patented portfolio of lithium battery technologies, Alternet
is working to acquire additional lithium battery related
technologies. Alternet is currently in negotiations to
acquire a specific lithium battery related technology that is
complimentary to the current portfolio of patented lithium battery
technologies, but at the same time in a completely different
category. The negotiations include the complimentary
technology being acquired into a newly formed subsidiary of
Alternet, and that new subsidiary subsequently being spun off in
conjunction with a Regulation Crowdfunding transaction to
capitalize the new independently listed company. The spinoff
plan includes a dividend distribution of stock in the new
independently listed company to shareholders of Alternet.
Again, management believes the spinoff and dividend strategy is
good for both optimally capitalizing the spinoff operation and
giving shareholders the best return on investment opportunity
possible.
To learn more about the specific spinoff opportunities, management
recommends reviewing the following previous announcements in
addition to checking back frequently on additional updates the
company anticipates soon announcing:
Alternet Systems Announces Q3 2017
Update Highlighting Patented Lithium Technology With $3 Million
Estimated Value
Alternet Systems Plans To Launch The
Tesla Of Two-Wheel EV Transportation Targeting $140 Billion Segment
Of $2 Trillion Market
Learn more on the company's website: www.otc-alyi.com or www.lithiumip.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.
Alternet Systems, Inc. Contact:
Randell Torno
info@lithiumip.com
1 800 713 0297
https://www.otc-alyi.com/contact/
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