ALYI - Alternet Systems Announces Hemp Car Body Development Initiative
2019年9月19日 - 10:12PM
InvestorsHub NewsWire
ALYI - Alternet Systems Announces
Hemp Car Body Development Initiative
DALLAS, TX --
September 19, 2019 -- InvestorsHub NewsWire -- Alternet Systems,
Inc. (USOTC:
ALYI) (“ALYI”) today announced a partnership with Nouveau
(USOTC:
NOUV) to develop a prototype car body material from hemp
fiber. ALYI recently confirmed plans to extend its current
electric motorcycle manufacturing initiative in Africa - targeting
an overall $300 million project opportunity - 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. NOUV is a new hemp cultivation
company with a strategic focus on developing innovative industrial
uses for hemp. NOUV is already working with ALYI to provide
material for ALYI’s hemp battery developments. NOUV also
works with Kali-Extracts (USOTC:
KALY) toward the development of proprietary
cultivars.
ALYI CEO And Africa
Development Organization CEO On African
Industrialization
Goldman Small Cap
Research recently 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 Africa with a focus on the
development of clean, sustainable energy. 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.
ALYI Speculative Buy
Recommendation and $0.09 Price
Target
The podcast interview
of the two CEOs 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.
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.
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.
Alternet Systems, Inc.
Contact:
Randell Torno
info@lithiumip.com
+1-800-713-0297
Alternet Systems (PK) (USOTC:ALYI)
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