ALYI Advances Merger and Acquisition Pipeline To Increase Share of $365 Billion Market
April 23 2019 - 12:11PM
InvestorsHub NewsWire
ALYI
Advances Merger and Acquisition Pipeline To Increase Share of $365
Billion Market
Dallas, TX -- April 23, 2019 -- InvestorsHub
NewsWire -- Alternet Systems, Inc. (USOTC:
ALYI) (“ALYI”) today announced closing in on the first
acquisition that is part of the company’s overall previously
announced merger and acquisition pipeline (M&A)
intended to expand ALYI’s electric vehicle (EV) production capacity
and advance its technology innovation. Management has
scheduled the release of an M&A update for next Tuesday, April
30th at which time the company plans to announce a term
sheet for the acquisition of a strategic technology. The
scheduled update is also anticipated to include preliminary details
on a second acquisition of an electric vehicle production capacity
currently in the M&A pipeline.
Market Research
Future (MRFR) forecasts that the EV market will reach
a USD 356.5
billion valuation by 2023, increasing from a
USD 106.5 Billion valuation calculated in
2016. The details
of how the EV market grows from where it is today to becoming the
predominant mode of transportation worldwide is less certain.
ALYI is implementing a plan designed to accommodate and capitalize
on the uncertainty. To learn more, visit http://www.alternetsystemsinc.com.
Research Report
Speculative Buy Rating And $0.09 Target
PPS
Goldman
Small Cap Research recently 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-update
or 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
Alternet Systems (CE) (USOTC:ALYI)
Historical Stock Chart
From Mar 2024 to Apr 2024
Alternet Systems (CE) (USOTC:ALYI)
Historical Stock Chart
From Apr 2023 to Apr 2024