ALYI - Alternet Systems, Inc. Anticipates Fleet Electric Motorcycle Sales Growth
February 25 2019 - 2:27PM
InvestorsHub NewsWire
ALYI - Alternet Systems, Inc. Anticipates
Fleet Electric Motorcycle Sales Growth
Dallas, Tx -- February 25, 2019
-- InvestorsHub NewsWire -- Alternet Systems, Inc. (USOTC:
ALYI) (“ALYI”) today announced rapidly advancing progress with
the development of new fleet sales of its ReVolt Electric
Motorcycle. The company recently announced $1.5 million in
fleet orders of their ReVolt Electric Motorcycle after the
successful completion of a pilot test. Management has
redoubled its fleet sales efforts targeting shared ride providers
now that it has a successful pilot test completed. Management
further indicates that the company is seeing promising sales
traction in Africa for the ReVolt Electric Motorcycle. The
company anticipates signing an additional order in Africa as early
as by the end of this week.
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.
ALYI also recently brought Clarkson University Professor David
Mitlin on board to lead a hemp energy storage initiative.
Mitlin has successfully used hemp bast - the fiber left over from
processing hemp - to construct carbon nanosheets that compete with,
and in some respects, outperform the supercapacitor performance
derived from more typical graphene nanosheets. Mitlin holds a
US patent for his proprietary hemp energy storage
technology.
Research Report
Speculative Buy Rating And $0.09 Target
PPS
Last
week, Goldman Small Cap Research issued a research report update on
the Company. The report confirms 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-updateor http://www.GoldmanResearch.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.
For more information, please visit: http://www.alternetsystemsinc.com
Alternet Systems, Inc. Contact:
Randell Torno
info@lithiumip.com
+1-800-713-0297
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