August 13, 2020 -- InvestorsHub NewsWire -- via Seeking Alpha -- 


Aug. 12, 2020 6:53 PM ET|About: Alternet Systems, Inc. (ALYI), Includes: BLNKNIONKLASOLOTSLAWKHS


  • Electric Vehicle Stocks Like TSLA, BLNK, SOLO, FUV, NIO soaring to record highs
  • Crypto Currencies are said to be the currencies of the future and are flying again and predicted to set record highs this year
  • 1 cent ALYI Electric Vehicle Maker launching $300 Million ICO Funding Initiative based on well-known and established Etherium Blockchain currency and surging Bitcoin price
  • ALYI’s Revolt is Super-Efficient 3-Wheel Motorcycle With Sidecar and Luggage Carrier Targeting Fast Growing Multi-Billion-Dollar Ride Share Market In Developing Nations
  • Goldman Small Cap Research Picks ALYI for Best Low Priced Stock In Explosive Electric Vehicle Market

Electric Vehicle stocks are white hot and continue to soar as shares of the EV leader, Tesla (TSLA) are up about 450% since March this year. Strong financial and operating results from Tesla have convinced investors that EV’s are here to stay. The price of TSLA shares soaring to over $1,550 per share is quickly motivating investors to search out other EV opportunities that are more affordable.


From its founding in patented lithium technology commercialization, Alternet Systems, Inc. (ALYI: OTC) has evolved into an innovative electric vehicle company with an initial $300 million electric mobility initiative in Africa designed to rapidly expand beyond the initial $300 million scope. The $300 million initiative includes a key customer for ALYI's Revolt Electric Motorcycle, and a comprehensive annual electric mobility event designed to both fuel the branding and marketing of ALYI's current and future electric vehicles in addition to serving as a catalyst in the development of all ALYI's future electric mobility solutions.

ALYI's Revolt Electric Motorcycle is a rugged design that has now endured two rounds of prototyping and testing and is ready for production. The Revolt Electric Motorcycle will be manufactured in Kenya initially for the Kenyan ride-share market. Motorcycles are already widely accepted and in use as taxi's in Africa.

The branding and marketing for ALYI's current and future electric mobility solutions will be built on the company gaining recognition for its annual electric mobility conference and symposium that includes an already branded anchor event. The anchor event is part of an existing and well established $6 billion industry. The annual electric mobility conference and symposium and anchor event is expected to contribute significantly to both ALYI's top and bottom line, in addition to providing a catalyst to the development of future ALYI mobility solutions.

On June 30, 2020, ALYI entered into a letter of intent (LOI) for a $25 million first tranche investment to fund ALYI's overall $300 million electric mobility initiative in Africa.

The planned ALYI investment is one component of the investor's overall $100 million initial cryptocurrency offering (ICO) strategy. The investor is independently launching an ICO dedicated to funding ALYI's overall $300 million electric mobility project in Africa with future plans to fund additional electric mobility initiatives in Africa. The investor has already partitioned a cryptocurrency on the Ethereum Blockchain in advance of the planned ICO.

This week, on Thursday, July 23rd, the investor will publish an online presentation detailing the upcoming ICO's overall strategy to fund an environmentally sustainable, electric mobility initiative in Africa that economically benefits local African markets while providing those purchasing the cryptocurrency multiple incentives and economic benefits.

Historically, ICO’s (Initial Coin Offerings) have followed the crypto currency market which is led by the well-known BitCoin. After streaking from only a few hundred dollars to almost $20,000 2/3 years ago, BitCoin fell back to close to $3,000 but recently surprised the pack by coming back to life and is now trading over $11,000 per BitCoin. Some experts believe BitCoin will trade higher than $20,000 this year as the price certainly has the momentum to do that. If BitCoin continues to show strength, it is likely to attract strong interest to other Crypto Currencies that are lower priced and more affordable. The strength in BitCoin is a good sign for successful cap raise through offering Alternet’s ReVolt Coin.

With Electric Vehicle shares such as TSLA, BLNK, SOLO, FUV, NIO continuing to soar to record highs and with BitCoin also roaring back to life and positioning to challenge old highs, the future for Alternet is very bright and at only one penny per share, the price is very attractive and if successful, percentage returns could be quite formidable.  The Goldman Report states that the ReVolt ICO already values ALYI shares at 5 cents, 5 times the current market price.

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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: Seeking Alpha 



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