EV Stocks White Hot While ALYI Launches "ReVolt" Electric Multi-Passenger Motorcycle For Giant Ride Share Market
13 August 2020 - 11:29PM
InvestorsHub NewsWire
August 13, 2020 -- InvestorsHub NewsWire -- via Seeking Alpha
--
Aug. 12, 2020 6:53 PM ET|About: Alternet Systems, Inc. (ALYI), Includes: BLNK, NIO, NKLA, SOLO, TSLA, WKHS
EV STOCKS TSLA, NKLA, NIO, BLNK, WHITE HOT WHILE ALYI LAUNCHES
“REVOLT” ELECTRIC MULTI-PASSENGER MOTORCYCLE FOR GIANT RIDE SHARE
MARKET
- Electric Vehicle Stocks Like TSLA, BLNK, SOLO, FUV, NIO soaring
to record highs
- Crypto Currencies are said to be the currencies of the future
and are flying again and predicted to set record highs this
year
- 1 cent ALYI Electric Vehicle Maker launching $300 Million ICO
Funding Initiative based on well-known and established Etherium
Blockchain currency and surging Bitcoin price
- ALYI’s Revolt is Super-Efficient 3-Wheel Motorcycle With
Sidecar and Luggage Carrier Targeting Fast Growing
Multi-Billion-Dollar Ride Share Market In Developing Nations
- Goldman Small Cap Research Picks
ALYI for Best Low Priced Stock In Explosive Electric
Vehicle Market
Electric Vehicle stocks are white hot and continue to soar as
shares of the EV leader, Tesla (TSLA)
are up about 450% since March this year. Strong financial and
operating results from Tesla have convinced investors that EV’s are
here to stay. The price of TSLA shares soaring to over $1,550 per
share is quickly motivating investors to search out other EV
opportunities that are more affordable.
From its founding in patented lithium technology
commercialization, Alternet Systems, Inc. (ALYI:
OTC) has evolved into an innovative electric vehicle company
with an initial $300 million electric mobility initiative in Africa
designed to rapidly expand beyond the initial $300 million scope.
The $300 million initiative includes a key customer for ALYI's
Revolt Electric Motorcycle, and a comprehensive annual electric
mobility event designed to both fuel the branding and marketing of
ALYI's current and future electric vehicles in addition to serving
as a catalyst in the development of all ALYI's future electric
mobility solutions.
ALYI's Revolt Electric Motorcycle is a rugged design that has
now endured two rounds of prototyping and testing and is ready for
production. The Revolt Electric Motorcycle will be manufactured in
Kenya initially for the Kenyan ride-share market. Motorcycles are
already widely accepted and in use as taxi's in Africa.
The branding and marketing for ALYI's current and future
electric mobility solutions will be built on the company gaining
recognition for its annual electric mobility conference and
symposium that includes an already branded anchor event. The anchor
event is part of an existing and well established $6 billion
industry. The annual electric mobility conference and symposium and
anchor event is expected to contribute significantly to both ALYI's
top and bottom line, in addition to providing a catalyst to the
development of future ALYI mobility solutions.
On June 30, 2020, ALYI entered into a letter of intent (LOI) for
a $25 million first tranche investment to fund ALYI's overall $300
million electric mobility initiative in Africa.
The planned ALYI investment is one component of the investor's
overall $100 million initial cryptocurrency offering (ICO) strategy. The investor is independently launching
an ICO dedicated to funding ALYI's overall $300 million electric
mobility project in Africa with future plans to fund additional
electric mobility initiatives in Africa. The investor has already
partitioned a cryptocurrency on the Ethereum Blockchain in advance
of the planned ICO.
This week, on Thursday, July 23rd, the investor will
publish an online presentation detailing the upcoming ICO's overall
strategy to fund an environmentally sustainable, electric mobility
initiative in Africa that economically benefits local African
markets while providing those purchasing the cryptocurrency
multiple incentives and economic benefits.
Historically, ICO’s (Initial Coin Offerings) have followed the
crypto currency market which is led by the well-known BitCoin. After streaking from only a few hundred
dollars to almost $20,000 2/3 years ago, BitCoin fell back to close
to $3,000 but recently surprised the pack by coming back to life
and is now trading over $11,000 per BitCoin. Some experts believe
BitCoin will trade higher than $20,000 this year as the price
certainly has the momentum to do that. If BitCoin continues to show
strength, it is likely to attract strong interest to other Crypto
Currencies that are lower priced and more affordable. The strength
in BitCoin is a good sign for successful cap raise through offering
Alternet’s ReVolt Coin.
With Electric Vehicle shares such as TSLA, BLNK, SOLO, FUV, NIO
continuing to soar to record highs and with BitCoin also roaring back to life and positioning
to challenge old highs, the future for Alternet is very bright and
at only one penny per share, the price is very attractive and if
successful, percentage returns could be quite formidable. The
Goldman Report states that the ReVolt ICO already values ALYI
shares at 5 cents, 5 times the current market price.
For more information and to stay up to date on the latest
developments, 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.
Source: https://seekingalpha.com/instablog/21922151-bioresearch-alert/5484567-ev-stocks-tsla-nkla-nio-blnk-white-hot-while-alyi-launches-revolt-electric-multi-passenger
SOURCE: Seeking Alpha
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