ALYI Trending BULLISH Ready To Breakout From $0.005 Back To $0.06 52 Week High

Date : 12/12/2019 @ 2:54PM
Source :InvestorsHub NewsWire
Stock : Alternet Systems Inc New (PK) (ALYI)
Quote : 0.0021  -0.0001 (-4.55%) @ 7:58PM
Alternet Systems (PK) share price Chart

ALYI Trending BULLISH Ready To Breakout From $0.005 Back To $0.06 52 Week High

ALYI Trending BULLISH Ready To Breakout From $0.005 Back To $0.06 52 Week High


New York, NY -- December 12, 2019 -- InvestorsHub NewsWire -- via -- Alternet Systems (ALYI) is trending Bullish again as reported by Stock Technical Analysis ( and AmericanBulls (  The electric vehicle industry is heating up with major automaker brand names like Ford (NYSE: F) introducing new electric cars with an overall industry-wide investment this year of $225 billion.  ALYI has a $300 million electric vehicle initiative ongoing in Africa.  While automakers introducing electric vehicles in developed economic markets where consumers must be converted from fossil fueled purchases to electric purchases, ALYI is bringing electric vehicles to a market where the majority of consumer don’t yet own cars.  ALYI has recently initiated a $100 million crypto investment initiative to fund a large expansion of its existing $300 million project in Africa. Next week ALYI has a strategic meeting in London with a major brand name.  News after the meeting could be the final ingredient that lights an ALYI run back to its 52-week high of $0.06 or even as high as the Goldman Small Cap Research PPS Target of $0.09.

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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.


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