ALYI - Alternet Systems Inc Announces Updated Speculative Buy Rating and $0.09 Target PPS Issued By Goldman Small Cap Research
September 18 2018 - 10:52AM
InvestorsHub NewsWire
ALYI - Alternet Systems Inc Announces
Updated Speculative Buy Rating and $0.09 Target PPS Issued By
Goldman Small Cap Research
Dallas, TX -- September 18, 2018 --
InvestorsHub NewsWire -- Alternet Systems, Inc. (USOTC:
ALYI) today announced that Goldman Small Cap Research 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 http://www.alternetsystemsinc.com or http://www.GoldmanResearch.com.
Alternet Systems Goldman Small
Cap Research Report Highlights
Alternet Systems, Inc. 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.
The expected growth in the fuel cell
electric vehicle market is enormous and management has targeted a
key segment that offers significant potential. According to a
recently released report by Global Market Insights, the market is
slated to surpass the $9 billion mark by 2024. Moreover, e-bikes,
ReVolt’s flagship product segment, is expected to account for as
much as nearly 25% of the entire fuel cell vehicle market—yet it is
not as crowded as the traditional electric vehicle market, which
serves as a major advantage for the Company.
In the Opportunity Research update,
analyst Rob Goldman discusses the Company’s compelling positioning,
exciting opportunities, and innovative subsidiary spin-off
plans.
Goldman noted, “Since our initiation
of coverage in May 2018, ALYI has evolved from an R&D firm to
an innovative, revenue-generating company with a revised approach
that could generate greater results than originally forecast.
Management has revised its approach from
offering products exclusively using Lithium-ion battery solutions
to engaging in an agnostic energy storage approach to its markets.
ALYI is now free to utilize best-of-class and best price
approaches, including graphene, solar, fuel cells, sodium-ion and
others. This shift offers greater upside, in our
view.“
“ALYI recently received its first
order for its ReVolt Electric Motorcycle, a 100-unit order
valued at $1 million, to support a new inner-city shared ride
initiative in Africa. We believe this that this deal will
result in follow-on orders and new sales to other channels and
geographies. An announcement by Uber that it is now targeting the
use of motorbikes and scooters for short trips is clearly having an
impact on interest in the space,” Goldman commented.
“As ReVolt achieves production, design
and sales milestones, the value of ALYI and this subsidiary, prior
to its future public company spin-off, could serve as major
catalysts for ALYI shareholders. Plus, entrance into new markets
such as the military could prove to be a bonus for investors, “
concluded Goldman.
About Goldman Small Cap
Research: Founded in 2009 by former Piper Jaffray analyst
and mutual fund manager Rob Goldman, Goldman Small Cap Research
produces sponsored and non-sponsored small cap and microcap stock
research reports, articles, stock market blogs, and popular
investment newsletters.
Goldman Small Cap Research is not in
any way affiliated with Goldman Sachs & Co.
This press release contains excerpts
of our most recently published sponsored company research report on
Alternet Systems, Inc. which carries a rating and a price
target. The information used and statements of fact made have
been obtained from sources considered reliable but we neither
guarantee nor represent the completeness or accuracy. Goldman Small Cap Research relied solely upon
information derived from Alternet Systems, Inc. (“the Company”)
authorized press releases or legal disclosures made in its filings
with the U.S. Securities and Exchange Commission
http://www.sec.gov.
Separate
from the factual content of our report about the Company, we may
from time to time include our own opinions about the Company, its
business, markets and opportunities. Any opinions we may offer
about the Company are solely our own, and are made in reliance upon
our rights under the First Amendment to the U.S. Constitution, and
are provided solely for the general opinionated discussion of our
readers. Our opinions should not be considered to be complete,
precise, accurate, or current investment advice. Statements herein
may contain forward-looking statements and are subject to
significant risks and uncertainties affecting
results.
A Goldman Small Cap Research report,
update, newsletter, article, trading alert, corporate profile, or
press release is not intended as an offering, recommendation, or a
solicitation of an offer to buy or sell the securities mentioned or
discussed is to be used for informational
purposes only. Please read all associated full
disclosures, disclaimers, and analyst background on our website
before investing. Neither Goldman Small Cap Research nor its parent
is a registered investment adviser or broker-dealer with FINRA or
any other regulatory agency. To download this research report or
any of our research, view our disclosures and disclaimers, or for
more information, visit www.goldmanresearch.com. Goldman Small Cap
Research was compensated $5000 by the Company for research and
distribution services, including the production of this press
release.
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
Goldman Small Cap Research
Rob Goldman, Analyst
410-609-7100
rob@goldmanresearch.com
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