Pending ALYI Analyst Report Could Trigger PPS Double Or More
February 20 2019 - 8:45AM
InvestorsHub NewsWire
New York, NY -- February 20, 2019 --
InvestorsHub NewsWire
-- www.nextbigticker.com
-- Alternet Systems, Inc.
(USOTC:
ALYI) announced last Friday, February
15th, 2018, that the company would be publishing an
updated analyst report this week. The company has engaged
Goldman Small Cap Research to provide ongoing analyst
coverage. Goldman last reported a ‘speculative buy’ with a
$0.09 PPS target. Since that report, the company has signed
$1.5 million in sales orders and entered the cannabis sector with
the launch of a hemp energy storage initiative led by David Mitlin
who was recently featured in Forbes for his patented hemp fiber
supercapacitor. Even a revalidation of the original
‘speculative buy’ and $0.09 PPS solidified by the recently ALYI
sales contracts would likely contribute to shareholder confidence
and support a PPS movement to the PPS target price more than
doubling the current PPS of $0.03 to $0.04. ALYI’s entry into
the cannabis sector with a very unique hemp technology introduces a
wild card that could take the PPS even beyond the $0.09 PPS
target. Cannabis business strategies are receiving high
valuations based on the enormous potential growth yet to be
realized in the cannabis sector. Canopy Growth
(NYSE:
CGC) and Aurora Cannabis (NASDAQ:
ACB) just reported their annual returns providing further
optimism to the potential growth of the overall cannabis
sector. ALYI’s analyst target PPS of $0.09 does not include a
reflection of the cannabis sector optimism potential.
Accordingly, an analyst revalidation of the $0.09 PPS target based
on the ALYI business plan that predates the company’s entry into
the cannabis sector could actually take the $0.09 PPS well beyond
the target in reaction to cannabis sector
optimism.
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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.
Source: www.nextbigticker.com
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