ALYI - Alternet Systems Shareholders Can Expect Dividends In 2018
2017年12月30日 - 12:28AM
InvestorsHub NewsWire
Dallas, TX -- December 29, 2017 -- InvestorsHub
NewsWire -- Alternet Systems, Inc. (USOTC:
ALYI) today announced plans to unlock shareholder value through
two planned spinoffs in 2018. The company plans to apply its
lithium technology to specific business operations and spin those
operations into standalone listed companies.
“The new Regulation Crowdfunding adopted by the
SEC to implement the Jobs Act crowdfunding provisions provides new
tools I believe can be utilized to accelerate growth in the best
interest of the shareholders,” said Randell Torno, CEO of Alternet
Systems.
The company plans to release more details next
week on the two operations being staged for spinoffs and the
anticipated next steps.
Alternet Patented Lithium Energy
Solution
On July 21, 2017, Alternet Systems acquired
Lithium IP Holdings in a transaction that included a management and
business direction change. Randell Torno was named the new
Alternet Systems Chairman and CEO. Edward Bollen, the
President of Lithium IP Holdings, also joined the Altnernet Systems
management team. On June 23, 2017, Lithium IP Holdings
executed an agreement with Air
Products and Chemicals, Inc. (NYSE: APD)
to exclusively license ten U.S. Patented lithium
battery technologies with an option to acquire the ten U.S.
Patents.
Alternet Lithium Energy Integration and
Development Strategy
Alternet’s business strategy today is to partner
with prominent third parties producing products and services that
require stable, safe, long duration power in high impact operating
systems. Within such partnerships, Alternet and each partner
will together develop an integrated solution that includes a power
component based on Alternet’s lithium technology. Alternet’s
lithium technology applicability in military solutions presents
promising partnership development opportunities. At the same
time, Alternet is also developing partnerships separate from the
military industrial sector to include the Electric Vehicle (EV) and
Hybrid Electric Vehicle (HEV) partners. Several potential
partners participated in Alternet’s vetting process when
identifying and selecting a technology to acquire as the foundation
of the company’s strategy to bring a stable, safe, long duration
power solution to market for high impact operating systems.
Partnership announcements are anticipated to be forthcoming
soon.
Learn more on the company's
website: www.otc-alyi.com or www.lithiumip.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.
Alternet Systems, Inc.
Contact:
Randell Torno
info@lithiumip.com
1 800 713 0297
https://www.otc-alyi.com/contact/
Alternet Systems (PK) (USOTC:ALYI)
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