Seeking Alpha - ALYI reveals electric production initiative for EV growth
October 05 2021 - 9:11AM
InvestorsHub NewsWire
October 5, 2021 -- InvestorsHub NewsWire --
via pennymillions --
Seeking Alpha
- Alternet Systems (OTCPK:ALYI) anticipates a
business agreement by year end resulting in the
development of a sustainable electricity production facility in
Africa.
- The sustainable electricity production facility is one
component of company’s overall, comprehensive electric vehicle
ecosystem strategy.
- Company intends to generate $2M by year end from the sale of
electric motorcycles.
- Company has also partnered with Revolt Token to finance growth
by offering democratized participation in the electric vehicle
ecosystem through the sale of Revolt Tokens.
- The company has a market cap of ~$32M.
- Previously (Sept. 7): Alternet
Systems targets revenue by 2021-end from first EV Ecosystem
sales
Source - https://seekingalpha.com/news/3748044-alternet-systems-reveals-electric-production-initiative-for-ev-growth?utm_campaign=rta-stock-news&utm_content=link-1&utm_medium=email&utm_source=seeking_alpha&utm_term=RTA+News+Smart
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SOURCE: pennymillions
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