Alternet Nears Deal On Second Lithium Technology Acquisition
January 11 2018 - 10:15AM
InvestorsHub NewsWire
DALLAS, TX - January 11,
2018 - Alternet Systems, Inc. (USOTC: ALYI)
today announced the company expects to make a strategic
announcement next week on reaching a deal to acquire a second
lithium technology. In July of last year, the company
acquired 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. 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. The company is implementing a strategy to optimize
shareholder value in the application of its lithium technologies by
spinning off applications into independently listed public
companies and issuing stock in the independently listed companies
to Alternet shareholders through dividend distributions.
Management has announced two spinoffs and dividend distributions
anticipated in 2018. To learn more about the spinoff and
dividend strategy, see the company’s online presentation:
Alternet Spinoff And Dividend
Strategy To Unlock Shareholder Value
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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