Alternet Systems Inc Anticipates Business Acceleration From Chinese Fossil Fuel Band
November 05 2018 - 10:50AM
InvestorsHub NewsWire
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
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