ALYI - Alternet Systems Inc Confirms 2018 $1 Million Revenue Objective

Date : 10/11/2018 @ 9:00AM
Source :InvestorsHub NewsWire
Stock : Alternet Systems, Inc. (PC) (ALYI)
Quote : 0.00846  -0.00094 (-10.00%) @ 2:15PM

ALYI - Alternet Systems Inc Confirms 2018 $1 Million Revenue Objective

Dallas, TX -- October 11, 2018 -- Investorshub NewsWire -- Alternet Systems, Inc. (USOTC: ALYI) (“ALYI”) today confirmed management’s optimism that 2018 revenue could potentially reach $1 million.  The company has announced orders for 125 ReVolt Electric Motorcycles and anticipates that it may sign additional orders before year end.  The completion of ALYI’s current pilot production and testing of the ReVolt Electric Motorcycle trigger’s deposit payments on the two announced orders totaling 125 ReVolt Electric Motorcycles, which combined with the company’s existing income, could push the total ALYI revenue for 2018 over $1 million.  Management is also optimistic more fleet sales contracts may close before year end push the company’s overall revenue well past the $1 million benchmark.

Speculative-Buy and $0.09 Target PPS

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.  Management indicates that the company will engage Goldman to issue another update in the event the company reaches its first million in revenue by year end, 2018.

About :
Alternet Systems, Inc.: Alternet Systems, Inc. (OTC - ALYI) is focused on offering varied, environmentally sustainable, energy storage solutions for targeted markets, including consumer electric vehicles and military applications. The first product category is lithium battery-powered motorcycles, to be followed by motorbikes. These products are released through its newly launched ReVolt Electric Motorbikes subsidiary.  
For more information, please visit: http://www.alternetsystemsinc.com

Alternet Systems, Inc. Contact:
Randell Torno
info@lithiumip.com
+1-800-713-0297

 

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