ALYI Bouncing On Volume Looking Ready To Run After Recent Neary 300% Gain And 50% Pullback


New York, NY -- September 24, 2019 -- InvestorsHub NewsWire -- via -- Alternet Systems (USOTC: ALYI) recent is bouncing today after a recent run from $0.005 to $0.013 followed by a pullback.  Now the stock looks ready to run again.  Volume is up over 20 million shares for the day so far and the PPS is testing $0.01 again. Trading is signaling BULLISH.  The 52-week high is nearly $0.07 and the company has a recent Research Analyst Report recommending $0.09.

ALYI recently confirmed plans to extend its $300 million electric motorcycle manufacturing initiative in Africa with the subsequent production of electric delivery vehicles.  ALYI recently announced a partnership with Nouveau (USOTC: NOUV) to develop a prototype car body material from hemp fiber.  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.

Today ALYI highlighted Amazon’s (AMZN) recent order of 100,000 electric delivery vans.  ALYI had previously launched its own initiative to build electric delivery vans constructed from hemp fiber prior to Amazon’s recent announcement.  ALYI management considers Amazon’s electric delivery van direction a validation of ALYI’s strategy.  The difference being that ALYI’s electric delivery van is being developed for the rugged, rural delivery environment in Africa.

ALYI Speculative Buy Recommendation and $0.09 Price Target

Goldman Small Cap Research recently interviewed ALYI CEO Randell Torno with the CEO of the Africa Development Organization, Libasse Diop Dia.  ALYI’s $300 million electric vehicle (EV) initiative in Africa is higlighted in the podcast.  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

DISCLAIMER: (NBT)is a third party publisher and news dissemination service provider. NBT is NOT affiliated in any manner with any company mentioned herein. NBT is news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. NBT's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release or opinion of the writer. NBT is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. NBT has not been compensated for this release and HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

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 (PK) (USOTC:ALYI)
Historical Stock Chart
From Jun 2020 to Jul 2020 Click Here for more Alternet Systems (PK) Charts.
Alternet Systems (PK) (USOTC:ALYI)
Historical Stock Chart
From Jul 2019 to Jul 2020 Click Here for more Alternet Systems (PK) Charts.