New York, NY – February 6, 2019 – Alternet Systems, Inc. (USOTC: ALYI) is an alterative energy company that has entered the cannabis sector with a hemp energy storage offering. The 2018 Farm Act signed by President Trump legalizing hemp farming in the U.S. will diversify the cannabis sector into larger market opportunities than recreational marijuana and health related CBD offerings. ALYI is one of the first leaders in this new diversification. Their hemp energy storage initiative is backed by patented technology recently feature by Forbes. The ALYI stock is trading in the $0.02 range and a recent analyst report rates the ALYI stock a ‘speculative buy’ with a $0.09 PPS target. An anticipated press release from the company later this week could trigger a run from $0.02 to $0.09.
ALYI’s hemp energy storage project orchestrated by David Mitlin who was recently featured by Forbes. 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.
ALYI recently announced a pilot test coming to fruition this week of its ReVolt Electric Motorcycle. A successful test stands to trigger $1.5 million in electric motorcycle orders. The test is ongoing this week and announcement regarding an anticipated successful completion of the test could hit any day now and trigger a run to the $0.09 analyst recommended target PPS.
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.