ALYI - Alternet Systems Hemp Electric Delivery Vehicle Validated By Amazon Commitment To Electric Delivery Vehicles
2019年9月24日 - 11:07PM
InvestorsHub NewsWire
ALYI – Alternet Systems Hemp
Electric Delivery Vehicle Validated By Amazon Commitment To
Electric Delivery Vehicles
DALLAS, TX --
September 24, 2019 -- InvestorsHub NewsWire -- Alternet Systems,
Inc. (USOTC:
ALYI) (“ALYI”) today highlighted Amazon’s recent order of
100,000 electric delivery vans. CEO Jeff Bezos has publicly
announced a commitment Amazon’s delivery fleet running entirely on
renewable energy. ALYI had launched a comprehensive electric
vehicle initiative that includes electric delivery vans constructed
from hemp fiber prior to Amazon’s recent announcement. ALYI
management considers Amazon’s electric delivery van direction a
strong validation of ALYI’s strategy. The difference between
Amazon’s electric delivery van and ALYI’s is that the ALYI electric
delivery van is being developed for the rugged, rural delivery
environment in Africa.
Jeff Bezos, founder and chief executive officer of
Amazon.com Inc., speaks at the National Press Club in Washington,
D.C., on Thursday, Sept. 19,
2019.
Andrew Harrer |
Bloomberg | Getty
Images
ALYI recently
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. NOUV is
a spinoff from Puration, Inc. (USOTC:
PURA).
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 investment recommendations for
ALYI.
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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