ALYI Sneaks In Its First Sales Q1 2018 On New Lithium Tech Biz Plan Rated Speculative BUY
May 22 2018 - 12:29PM
InvestorsHub NewsWire
ALYI Sneaks In Its First Sales Q1 2018 On New
Lithium Tech Biz Plan Rated Speculative BUY
New
York, NY -- May 22, 2018 -- InvestorsHub NewsWire
-- Alternet Systems, Inc. (USOTC:
ALYI) PPS is up 100% in the last month trading at a mid $0.02
level. Goldman Small Cap Research has given the company a
speculative ‘buy’ with a target PPS of $0.09. Alternet has a
portfolio of Lithium technology it is working to commercialize by
finding partnerships where Alternet’s technology can be integrated
into commercial products. The company has formed a new
subsidiary called Revolt Electric Motorbikes to consummate one such
commercial product partnership and is now piloting a “fun and
affordable” retro-classic electric motorcycle with a sidecar based
on the WWII era BMW R71 military
motorcycle.
At the
same time, the company is working to integrate its Lithium
technology into military applications. From reading recent
news on the company’s military market strategy, and looking at the
company’s recent Q1 2018 financial report, it appears Alternet has
snuck in a consulting contract and reported its first revenue in
the development of its military market strategy. At $60,000
for the quarter, it’s not a lot, but it’s a lot more than many
start-ups have to show early on.
Alternet seems to have a management team with a
good deal of promising creativity. With a pilot electric
motorcycle developed, and a plan to have that pilot ready to
produce a commercial product for this year’s holiday market,
combined with actual revenue, albeit small at the moment, coming in
from their military strategy, management’s creativity is worth
keeping an eye on. A $0.09 PPS would be nice
return from a $0.02 entry, and if they make the holiday market with
their retro-classic electric motorcycle with a sidecar, the PPS
could possibly blow by $0.09.
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.
Source: www.nextbigticker.com
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