Dallas, TX -- November 5, 2018 -- InvestorsHub NewsWire -- Alternet Systems, Inc. (USOTC: ALYI) (“ALYI”) today announced an anticipated business acceleration coming soon from China’s plan to band fossil fuel powered vehicles.  China recently announced plans to put a schedule in place for the elimination of vehicles powered by fossil fuels.  ALYI management expects to existing operational benefits from the band.  First, ALYI has partnered with a Chinese manufacturer for the construction of its Revolt Electric Motorcycle.  With its partner under pressure to eliminate a fossil fuel powerplant, ALYI expects to benefit by potentially licensing is electric power plant to its manufacturing partner in China for production in China. Second, with ALYI’s recent entry into hemp supercapacitors, given the magnitude of hemp farming in China, ALYI management anticipates its hemp supercapacitor initiative to potentially gain traction in China.

Goldman Small Cap Research recently issued an updated research report on the Company. 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.

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: www.alternetsystemsinc.com

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


 

Alternet Systems (CE) (USOTC:ALYI)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Alternet Systems (CE) Charts.
Alternet Systems (CE) (USOTC:ALYI)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Alternet Systems (CE) Charts.