ALYI - Alternet Systems ReVolt Electric Motorcycle African Pilot Test To Trigger $1 Million Sale Scheduled Next Week
February 01 2019 - 11:01AM
InvestorsHub NewsWire
Dallas, TX -- February 1, 2019 --
InvestorsHub NewsWire -- Alternet Systems, Inc. (USOTC:
ALYI) (ALYI) today announced a pilot test of its Revolt
Electric Motorcycles in conjunction with a $1 million fleet order
for a Nairobi, Kenya shared ride client. Client delegates
will be in the United States next week. ALYI management
anticipates the electric motorcycle to pass the client’s pilot test
and trigger the initiation of the 100-motorcycle order. The
pilot test is expected to bode well for two additional client pilot
tests triggering an additional $500,000 in
orders.
Separate from
ALYI’s electric vehicle endeavors, the company yesterday announced
that their hemp energy storage project lead was featured in
an online publication through Forbes. In October last year, Alternet
initiated a project to explore and develop hemp-based technologies
for energy storage. The company engaged Clarkson University
Professor David Mitlin to lead the initiative. Professor
Mitlin is a leading expert in electrochemistry and a pioneer in the
use of hemp as a clean, green, renewable energy in the form of a
supercapacitor. 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. A recent research report from Grand View Research
anticipates the industrial hemp market to grow to $10.6
billion by 2025. ALYI has
engaged Nouveau, Inc. (NOUV) to source
hemp fiber for its supercapictor developments. NOUV has recently
announced a 100 acre hemp cultivation operation.
Research Report Speculative Buy Rating And $0.09
Target PPS
Goldman Small Cap Research recently 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 https://www.alternetsystemsinc.com/research-rpt/ or http://www.GoldmanResearch.com.
Alternet Systems, Inc.: Alternet
Systems, Inc. (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.
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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