Alternet Systems Inc Engages Professor David Mitlin To Launch Hemp Supercapacitor Initiative
October 18 2018 - 8:45AM
InvestorsHub NewsWire
Dallas, TX -- October 18, 2018 --
InvestorsHub NewsWire -- Alternet Systems, Inc.
(USOTC: ALYI)
today announced engaging Clarkson University Professor David
Mitlin as part of a new
initiative to explore hemp-based technologies for energy
storage. Professor Mitlin is a leading expert in
electrochemistry and a pioneer in the use of hemp as a clean,
renewable energy in the form of a supercapacitor.
Supercapacitors are similar to batteries, but supercapacitors have
a higher power density, can be recharged faster, and function more
safely under extreme temperatures. Supercapacitors are ideal
components for electric vehicles and other high impact electric
applications. Mitlin has successfully used hemp bast – the
fiber left over from processing hemp – to construct carbon
nanosheets that compete with, and in some respects, outperform the
supercapacitor performance derived from graphene nanosheets.
Look for a detailed release next week from the company on its
plans for the new hemp energy
initiative.
Alternet Systems
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 the company’s newly launched
ReVolt Electric Motorbikes subsidiary.
ALYI - 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.
You can learn
more on the company's new website about its expansion beyond
lithium centric energy storage solutions in addition to its
projects to advance energy storage technology through inclusion
into electric vehicle projects and military application
projects:
http://www.AlternetSystemsInc.com
Learn more
about ReVolt Electric Motorbikes: http://www.revoltmotorbikes.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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