ALYI - Alternet Systems Highlights Shareholder Dividend Distribution Featured In Goldman Small Cap Research Report
May 03 2018 - 2:14PM
InvestorsHub NewsWire
ALYI - Alternet Systems
Highlights Shareholder Dividend Distribution Featured In Goldman
Small Cap Research Report
Dallas, TX -- May 3,
2018 -- InvestorsHub NewsWire -- Alternet Systems, Inc.
(USOTC:
ALYI) today released a statement highlighting the company’s
recent initiation of a shareholder dividend distribution.
Alternet’s strategy resulting in a dividend distribution with plans
for additional dividends, is featured in the recent Goldman Small
Cap Research report on the company that 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 patented lithium battery technology
portfolio and the first application of the technology in an
electric motorcycle being produced by an Alternet subsidiary.
“Several weeks ago, the company engaged legal counsel to initiate
an independent stock listing of Alternet’s new ReVolt Electric
Motorbike subsidiary to include a dividend distribution of stock
from the independent listing to the shareholders of Alternet,”
explained Randell Torno, Company CEO. “The company’s strategy is to
develop multiple subsidiaries that apply Alternet’s portfolio of
lithium technologies in specific commercial applications.
ReVolt is just the first. With an independent listing, the
subsidiary can independently leverage its own capital to raise the
necessary funds to develop a specific application of Alternet’s
portfolio of lithium technologies. Shareholders can benefit
from this strategy through one, the increased value of the
portfolio of lithium technologies; two, the royalty revenue paid by
the subsidiaries to Alternet, and three, the dividends paid to
Alternet shareholders by the independently listed
subsidiaries. The recent Goldman Small Cap Research report
does a good job explaining the independent listing strategy in even
more detail. The report can be found on Alternet’s
website.”
To view the report, along with disclosures and disclaimers, visit
www.lithiumip.com/research-rpt or
www.GoldmanResearch.com. The excerpt from
the report about the company’s strategy to independently list
multiple subsidiaries is included below:
Looking ahead, management plans to take advantage of the new
Regulation Crowdfunding initiatives adopted by the SEC (Reg A+
offerings) to capitalize independently listed spinoffs where shares
of the spinoff are issued to shareholders of Alternet Systems in a
dividend distribution. 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.
It is expected that the first spin-off will be ReVolt, to be
followed by other subsidiaries in other verticals as they are
formed and reach a critical mass. In conjunction with the spin-off,
it is anticipated that ReVolt would raise funds for the subsidiary,
reducing direct potential dilution for the Alternet parent
shareholders.
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 in a different
category. The negotiations include the complimentary
technology being acquired into a newly formed subsidiary of
Alternet, with that new subsidiary subsequently being spun off in
conjunction with a Regulation Crowdfunding transaction, as outlined
above. There is no assurance that this transaction will close but
we believe that other, similar opportunities exist, potentially
providing the Company with multiple revenue streams. As a result,
Alternet shareholders can generate outsized returns via direct
ownership in the Company, along with a stock dividend in the
subsidiaries that are spun-off.
About Alternet Systems, Inc.
Alternet Systems, Inc. is leveraging its key lithium battery
technologies patent agreement to introduce innovative,
environmentally sustainable products to various consumer markets.
The first product category in which a first run of production will
be introduced this year, is lithium battery-powered motorcycles, to
be followed by motorbikes. These products will be released through
its newly launched ReVolt Electric Motorbikes subsidiary.
For more information, please visit: www.LithiumIP.com
Alternet Systems, Inc. Disclosures:
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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