New York, NY – October 26, 2018 – Alternet Systems, Inc. (USOTC: ALYI) is rated a BUY today by AmericanBulls.com. The BUY rating followings the market response to Alternet’s recent move into hemp energy kicked off by the engagement of Clarkson University Professor David Mitlin, a leading expert in electrochemistry and a pioneer in the use of hemp as a clean, renewable energy in the form of a supercapacitor. Alternet announced yesterday David Mitlin being featured in a recent Forbes publication on the industrial applications of Hemp titled The Age Of Hemp: Global Advanced Industrial Applications.
AmericanBulls.com on ALYI
“Our system’s recommendation today is to BUY. The BULLISH PIERCING LINE pattern finally received a confirmation because the prices crossed above the confirmation level which was at 0.0080, and our valid average buying price stands now at 0.0081.
Let’s jump on our white horses and go for a bullish ride. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. Most probably, it is the right time to participate in bullish fervor. The market is telling you about a new profit. Do not miss this bullish opportunity.”
Goldman Small Cap Research For ALYI - Speculative-Buy and $0.09 Target PPS
Goldman Small Cap Research recently issued an updated research report on ALYI. The report includes a 'speculative-buy' rating with a target price-per-share of $0.09. The report provides an in-depth overview and analysis of Alternet's new strategy, new orders, and upcoming milestones. To view the report, along with disclosures and disclaimers, visit https://www.alternetsystemsinc.com/research-rpt/ or http://www.GoldmanResearch.com. Management indicates that the company will engage Goldman to issue another update in the event the company reaches its first million in revenue by year end, 2018.
Other cannabis sector companies in the news include Puation, Inc. (PURA), Rocky Mount High Brands, Inc. (RMHB), and North American Cannabis Holdings, Inc. (USMJ).
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.