DALLAS, Sept.
11, 2019 /PRNewswire/ --
Alternet Systems, Inc. (USOTC: ALYI) ("ALYI") today
revealed the company's plans for producing and
selling electric delivery vehicles in Africa made
of hemp and powered by hemp batteries.
ALYI CEO And Africa Development Organization CEO On
African Industrialization
Yesterday, Goldman Small Cap Research 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 of Africa with
a focus on the development of clean, sustainable
energy.
ALYI $300
Million Electric Vehicle
Initiative And Hemp Powered Hemp Delivery Vehicles
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. Today, ALYI confirms plans
to extend its current electric motorcycle
manufacturing initiative in Africa 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.
ALYI Speculative Buy Recommendation and $0.09 Price
Target
The podcast interview of the two CEOs where electric
vehicles are discussed and today confirmed as an
ALYI initiative, can be found on the Goldman Small
Cap Research website with an updated Analyst
Research Report reiterating Goldman's previous
Speculative Buy Recommendation and $0.09 Price
Target. ALYI closed at its high yesterday of $0.013 on
35 million shares traded, a 78% PPS increase over
the previous day's close.
Podcast Interview Takeaway: ALYI Offers Even Greater
Upside than Originally Anticipated
Alternet Systems, Inc. is today overall focused on
offering varied, environmentally sustainable, energy
storage solutions for targeted markets, including
consumer electric vehicles and military
applications.
To listen to the Podcast and view the ALYI Research
Report Update, please visit: https://www.goldmanresearch.com/201909101250/Opportunity-Research/new-ceo-podcast-interview.html
For more information, please visit: http://www.alternetsystemsinc.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.