Alternet Systems ReVolt Motorcycle And EV Cryptocurrency Response
July 12 2018 - 2:00PM
InvestorsHub NewsWire
Alternet Systems ReVolt Motorcycle And EV
Cryptocurrency Response
Dallas, TX -- July 12, 2018 -- InvestorsHub
NewsWire -- Alternet Systems, Inc. (USOTC:
ALYI) on Tuesday this week, published an update on the
company’s ReVolt Electric Motorbike subsidiary and other ongoing
clean energy business initiatives. The update included the
introduction of a concept cryptocurrency backed electric vehicle
(EV) purchase finance and leasing capability (see below). We
encouraged shareholders to tell us what they think by contacting us
at http://www.lithiumip.com/contact. Your responses so
far have been helpful in both the consideration of the concept
finance and leasing capability as well as the ongoing development
of ReVolt Electric Motorbikes. We are delighted by the number
of responses from motorcycle enthusiasts. We’ve received a number
of pre-order requests for the retro-classic WWII era designed
electric motorcycle with sidecar. The feedback is an early
indication that we’ve got a product on the way that will be well
received. We received some very passionate responses in
regard to the cryptocurrency backed EV purchase finance and leasing
capability. Most of the responses are in support of the
concept. Some include prudent cautionary warnings in light of
the prevailing controversy surrounding cryptocurrencies. We
must also acknowledge that a few of the passionate responses were
adamantly opposed to the concept. We are encouraging more
people to respond and let us know what you think. Below is a
link to the July 10th update with the ReVolt progress
details and the cryptocurrency backed EV purchase finance and
leasing concept. An excerpt from the July 10th
update regarding the cryptocurrency backed EV purchase finance and
leasing concept is included below.
Next
week, the company will release a communication with responses to
questions received about the ReVolt. We’re working to get
some pictures of the bikes in the pilot process to include in the
upcoming communication. In a separate communication, we’ll
summarize the responses to the cryptocurrency backed EV purchase
finance and leasing concept and share more of management’s thinking
on the consideration of the concept.
ALTERNET JULY 10TH REVOLT UPDATE AND
CRYPTOCURRENCY CONCEPT INTRO
Cryptocurrency Backed EV Purchase Finance And
Lease Capability Concept
“To
support the sales of electric motorcycles and eclectic bikes,
management has been working on a consumer finance solution to
provide buyers with purchase financing and leasing products.
In the course of our business development efforts, we have been
approached by an investment group proposing the introduction of a
cryptocurrency that would permit individual investors to back the
purchase financing and leasing products. The concept is for
the sale of a cryptocurrency to source funds that would be used to
finance the purchase or lease of our electric vehicles. In so
doing, the ownership of such a cryptocurrency would represent a
percentage of ownership in the portfolio of loans and leases
secured by electric vehicles. The concept includes a
registration of the cryptocurrency in advance of any sales of the
cryptocurrency. The cryptocurrency market appears to provide
early stage companies with a promising path to rapidly finance new
enterprises. Cryptocurrencies also have an appealing
democratic characteristic inherent within the nature of the
universally open architecture of a cryptocurrency offering.
The technology is open, and the offering is open to anyone with an
internet connection. At the same time, cryptocurrencies are a
subject of considerable controversy. Accordingly, and in the
spirit of the democratic nature of cryptocurrency, we are seeking
feedback from shareholders. Do you think this concept is a
good idea? Do you have your own cryptocurrency experiences to
share? Please let us know what you think by following this
link on our website: https://www.otc-alyi.com/contact/
“
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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