ALYI - Alternet Systems Christmas 2018 ReVolt Electric Motorcycle Sales Launch On Track
June 19 2018 - 9:31AM
InvestorsHub NewsWire
Dallas, TX -- June 19, 2018 --
InvestorsHub NewsWire -- Alternet Systems, Inc. (USOTC:
ALYI) today announced it has received its pilot production
motorcycles and begun testing. The first electric motorcycle
the company is producing is retro-classic design based on BMW’s
classic, WWII era, R71 motorcycle with sidecar. Last month, the
company announced the pilot production motorcycles were constructed
and shipped well ahead of schedule. Today management reports
that the company continues to work well ahead of schedule toward a
sales launch in time for the 2018 Christmas Holiday
Season.
Alternet Systems continues to expand and evolve
its portfolio of lithium battery technologies by implementing
applications of the technology in multiple industry segments.
Goldman Small Cap Research recently
issued a 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 patented lithium battery technology portfolio and the
first application of the technology in an electric motorcycle being
produced by an Alternet subsidiary. To view the report,
visit www.lithiumip.com/research-rpt or
www.GoldmanResearch.com. An update to the report is anticipated in
July following the initial results from the pilot motorcycle
testing.
About Alternet
Systems, Inc.
Alternet Systems, Inc.
is leveraging its key lithium battery technologies patent agreement
to introduce innovative, environmentally sustainable products to
various consumer markets. The first product category in which a
first run of production will be introduced this year, is lithium
battery-powered motorcycles, to be followed by motorbikes. These
products will be released through its newly launched ReVolt
Electric Motorbikes subsidiary.
Keep up
with ReVolt’s latest developments by checking back periodically to
the company’s website: www.revoltmotorbikes.com
Learn
more on the company's website: www.lithiumip.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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