ALYI – ALTERNET SYSTEMS Turning
Hemp Into Stronger Lighter Cars And More Powerful Batteries
September 23, 2019 -- InvestorsHub NewsWire --
via BioResearch Alert --
Sep. 22, 2019 2:54 PM ET|About: Alternet Systems, Inc. (ALYI)
A recent article covering Alternet Systems, Inc. (ALYI:
OTC)titled, “ALYI Strikes Rich New Vein in
Global UBER & Lyft Rideshare Market And Developing New Hemp
Battery 4X More Power Than Lithium” appears now to be
just the tip of a potentially very large iceberg. The article
starts out with the highlights:
- Rideshare market is over $50
billion and projected to reach $220 billion by 2025.
- ALYI is beginning to mass produce Revolt Electric Sidecar
Motorcycles for single passengers that have far less
weight to transport and are more cost-effective than cars with too
many unused seats and excess weight.
- ALYI is targeting developing-nation markets and also U.S. and
developed nations as rideshare industry shifts toward smaller, more
efficient vehicles like ReVolt Electric Motorcycles with single
passenger sidecar.
- ALYI announced agreements to manufacture first $20 million of
$50 million in ReVolt Electric Sidecare Motorcycles to be used in
Nairobi, Kenya. Sales potential is explosive.
- ALYI developing breakthrough Hemp Battery 4X more power than
Lithium.
- ALYI market capitalization is only $2.2 million.
UBER, Lyft, and the host of other competitors providing
rideshare services are enjoying powerful new growth. As the
industry grows, new business models will surface that utilize the
most efficient transportation modes. Achieving lower costs is one
of the biggest driving forces that will determine success to the
industry. Alternet is preparing to enjoy one of the First-To-Market
advantages with their crowd pleasing, low-cost, ReVolt Electric
Motorcycle Sidecar that offers efficient, low-cost, single
passenger seating with no wasted seats.
ALYI’s electric vehicle focus today is on selling to shared ride
vendors in Africa, not individual consumers. The transportation
trend in Africa points toward consumers adopting shared rides as
the primary means of transportation in the future and never
adopting a widespread privately-owned vehicle custom. ALYI is a
leader in targeting the African shared ride trend with electric
vehicles.
Transparency Market Research says,“The global ride
sharing market is primarily driven by the inability to own a
vehicle predominantly among mid- and lower-income group population.
Asia Pacific and Latin America account for a significantly lower
number of vehicles per 1000 persons. Ride-sharing offers the users
a sense of owning a vehicle at a much lower cost than owning one.
Therefore, consumers are preferring ride-sharing services. High
volatility in fuel prices, rising traffic congestion, increasing
working class population demands for daily commute in urban areas
of major countries, supplemented by limited provision of public
transit support in some countries and supportive government
initiatives for expansion of ride-sharing activities are fueling
the global ride-sharing market. Additionally, factors such as rise
in daily commute to work places in urban areas and increased need
to save fuel, which is wasted in such congestions, by providing a
ride to commuters and colleagues heading along the same route are
anticipated to fuel the global ride-sharing market.”
African Electric Vehicle Assembly Plant and Initial $20
Million Order
ALYI’s ReVolt Electric Motorcycle with side car is a sound and
logical entry fit for the Africa. Specifically, it’s a good fit for
the shared vehicle market where motorcycle taxis are already a
culturally accepted norm. Better yet, with a local assembly plant,
ALYI can contribute to the local economy helping to improve future
consumer purchasing power.
Accordingly, ALYI has entered into an LOI to establish an
electric vehicle assembly plant in Kenya for producing first
electric motorcycles and later additional electric vehicle models
all for distribution through the African continent. The intended
agreement to result from the LOI includes an initial $20 million
order of 2,000 ReVolt Electric Motorcycles to be assembled in the
new assembly plant.
A study published by
Arizona State University shows that urban populations such as Kenya
in Africa cannot afford ownership of motorized transportation and
are therefore ripe for ridesharing in low-cost, sidecar electric
motorcycles. Kenya has a population exceeding 52 million. Most of the 1.2
billion African population cannot afford vehicle ownership and are
also excellent target users for inexpensive rideshare using
low-cost electric motorcycle sidecars for transportation.
Armed with the knowledge that the problem of inefficient
vehicles with too many seats going unused and excess weight is a
global problem encompassing developed nations even like the U.S.,
Alternet also plans to offer their really cool and hip ReVolt
Electric Motorcycle with passenger sidecar to users in the United
States and other developed nations.
Randell Torno, Alternet’s Chairman and CEO says, “The
African Strategy is just one of ALYI’s initiatives. ALYI continues
with its existing initiatives to improve the efficacy of the
prevalent use of lithium as a material for batteries. ALYI also
continues with its current initiatives to have hemp utilized as a
better resource for energy storage than lithium or other currently
utilized materials. ALYI’s recent partnership with Nouveau
(NOUV)
to build a hemp cultivation facility in New York State is well
underway. ALYI continues with its existing energy storage
innovation efforts in the military sector. In fact, ALYI just filed
its 2018 annual financial statement reporting a quarter of a
million dollars generating from consulting revenue in the military
sector. The African Strategy outlined herein, is a major step
forward that both compliments and enhances the company’s other
initiatives. The African Strategy is not the company’s only major
new project in the works. Look for a lithium sector related
acquisition development in the works to soon be
disclosed.”
Recently, AlernetSystems, Inc. (ALYI) announced a partnership
with Nouveau (NOUV)
to develop a prototype car body material from hemp fiber. ALYI
confirmed plans to extend its current electric motorcycle
manufacturing initiative in Africa - targeting an overall $300
million project opportunity - with the subsequent production of
electric delivery vehicles. ALYI's electric delivery vehicle plans
call for a vehicle produced from hemp fiber utilizing a hemp
battery. NOUV is a new hemp cultivation company with a strategic
focus on developing innovative industrial uses for hemp. NOUV is
already working with ALYI to provide material for ALYI's hemp
battery developments. NOUV also works with Kali-Extracts (KALY)
toward the development of proprietary cultivars. The remarkable
performance of the hemp battery can be seen on this video demonstration.
Goldman Small Cap Research recently published a podcast
interview of ALYI CEO Randell Torno with the CEO of the Africa
Development Organization, Libasse Diop Dia. The podcast interview
is hosted by Senior Research Analyst Rob Goldman of Goldman Small
Cap Research. The two CEO's discuss the industrialization Africa
with a focus on the development of clean, sustainable energy.
ALYI's $300 million electric vehicle (EV) initiative in Africa is featured in the podcast.
ALYI's ongoing hemp supercapacitor initiative is also underlined in
the conversation between the two CEO's as a promising clean energy
solution in Africa. Mr. Torno goes on in the interview to discuss
the need in Africa for delivery vehicles and a plan to fulfill such
a need with electric vehicles.
ALYI Speculative Buy Recommendation and $0.09 Price Target
Conclusion
ALYI is currently undiscovered and undervalued and has a very
small market cap of about $2.2 million. Armed with large LOI’s, the
company is expecting to begin reporting sales that are magnitudes
greater than their market cap. The share price is exceptionally low
now at less than one penny and with the first $20 million order in
the bag, shareholders can expect much higher prices in the near
future as ALYI appears to have an exceptionally bright future in a
very high-growth industry of ride sharing.
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and the Profiled Issuer as well as any such forward-looking
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Disclosure: I/we have no positions in any
stocks mentioned, and no plans to initiate any positions within the
next 72 hours.
Originally published on Seeking Alpha:
https://seekingalpha.com/instablog/21922151-bioresearch-alert/5354767-alyi-alernet-systems-turning-hemp-stronger-lighter-cars-powerful-batteries
SOURCE: BioResearch Alert
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