Special Edition Bike
Production Will Be First Of Several Catalysts
January 19, 2021 -- InvestorsHub NewsWire -- via
AB Digital via COMTEX -- Those that procrastinated about
purchasing Alternet Systems, Inc.'s (OTC: ALYI)
Retro ReVolt Electric Motorcycle were provided with a message- Sold
Out! Last week, ALYI reported that all 200 of the special edition
Retro ReVolt's have been spoken for. But, ALYI allowed for
interested parties to add their name to the wish list in case
buyers can't close their deal or if the company extends the limited
run beyond 200 bikes. The sell-out was no surprise.
Interest in its sleek design, as expected, quickly provided the
spark for ALYI to meet its 200 count production limit for this
MODUS nameplate bike. From an investor's perspective, though, the
"sold-out" notice is excellent news, noting that these bikes'
production kicks off the start of what they believe will be a
catalyst filled year for ALYI. They further suggest that ALYI's
plans to mass-produce the motorcycle for the African boda-boda
(motorcycle taxi) market puts the next catalyst in the
crosshairs.
As noted, buyers scooped up the available Retro ReVolt
Electric Motorcycle in a quick fashion. Built on a BMW R71
clone frame, the exclusive first 200 Retro ReVolt Electric
Motorcycles will come with a plate bearing the MODUS signature and
the bike number. Beyond stylish, these bikes are rugged, durable,
and notably powerful for an electric vehicle. Then again, ALYI is
developing the next generation of electric vehicles that integrate
a substantially better power source than vehicles built just a few
years ago. They also added styling, design features that meet
specific market demands, and an attractive price tag that can help
these bikes penetrate the markets quickly.
The production of the 200 MODUS-inspired bikes starts another
action. It transforms ALYI from a research-based company into a
revenue-generating business. And that's the news investors want to
hear.
ALYI Expects Transformative 2021
The enthusiasm generated from the successful pre-sale has
encouraged not only the company but also investors. After the news,
shares rose by roughly 14% intraday despite a bearish day in the
markets. For investors, they believe the bike can be a
revenue-generating game-changer for ALYI in 2021. And ALYI has not
shied away from acknowledging that possibility.
An interview
with the company's CEO Randell "Randy" Torno presented a
very optimistic view of where he sees his company going in 2021.
And if he can execute the details of his business plan, the more
than 100% increase in the company's share price during the past
month may serve as a prelude to much higher valuations in the
coming days, weeks, and months.
In fact, many investors believe the company is tremendously
undervalued based on several factors. Most point to ALYI being much
more than a single product company, and that the share price is
lagging that reality. That should change, and quickly.
Most note that although the Retro ReVolt is the company's
flagship product, the bigger reward, and subsequent higher
valuation, can come from ALYI being a broader fixture in the
mega-million dollar emerging African ride-share market. And not
only do investors think that ALYI could provide the preferred
vehicle for the market, but they also believe ALYI is already
well-positioned to capitalize on additional near-term opportunities
stemming from its familiarity and established relationships within
the African ride-share markets they want to penetrate. They may be
right.
Already, ALYI announced commitments from buyers in Kenya to
purchase 2000 ReVolt motorbikes. Though, outside of Kenya, ALYI is
finding similar interest and is said to be in talks with other
interested parties with substantial buying power to help develop
additional Africa-based markets.
Video Link: https://www.youtube.com/embed/LJEW7v3bFa0
The Power Behind ReVolt Retro
The market interest is justified. First of all, the ReVolt
offers more than just a stylish design. Alongside its classically
designed features, the bike is rugged, durable, powerful, and very
affordable. Each advantage can help drive user adoption. More
important, though, because it's designed after the 1930's BMW R71,
built-in opportunities exist that ALYI can immediately exploit.
Know this, while not abundantly popular in the United States, the
R71 is still frequently used in ride-sharing markets and is a
prevalent choice for thousands of ride-share drivers in China and
India. And ALYI chose to clone the design for particular
reasons.
In fact, they took the best of the R71 design, electrified it,
and fitted it with enough power and battery capacity to manage the
demands associated with rigorous ride-share services. The
electric-powered engine also allows for nimble movement and quick
acceleration through crowded areas. At the same time, the design
retains the sturdy frame and rugged tires of the classic R71. Those
details are market essentials and the company took it a step
further.
Beyond functionality, ALYI engineers added a classic sidecar
attachment as an option, two saddle seats to boost its utility as a
taxi-style bike, and a spunky motor that is quick to accelerate in
tight quarters. While viewed as options in some markets, those
features have real utility in the boda-boda markets to boost fares
and create additional demand.
Thus, while serving as convenience options in some markets,
increasing capacity is a critical feature in an ultra-competitive
environment, specifically in emerging African boda-boda markets.
Those additions can be a defining factor in driving sales.
And while sales are expected to ramp higher for the bikes
themselves, ALYI is targeting another massive opportunity.
Conversion Kits For R71 Bikes And Clones
Undoubtedly, the Retro ReVolt can play a significant role in the
cultivation of certain ride-share markets. But while much of the
attention is based on how its ReVolt can be an important addition
to the boda-boda markets, a substantial value driver for Alternet
Systems will come from offering a conversion kit that can change
over the normally combustion-engine BMW R71 (or one of its Chinese
or Russian counterparts) into a fully electric-powered vehicle.
Two purposes are served. First, the conversion option gives
existing owners of the R71 (or clone) a chance to enjoy the
battery-powered benefits of the ReVolt motorcycle. Demand could be
substantial as gas-powered engines become less popular globally.
Second, it opens the opportunity to fit thousands of these bikes
(and clones) in specific markets, especially as combustion engines
become less environmentally popular. The conversion is quick,
inexpensive, and can keep operators in business.
For ALYI, it opens several new profit centers. Keep in mind,
too, the markets ALYI is targeting are in hyper-growth mode. Better
still, these markets can deliver many millions of dollars in near
and long term revenues, and ALYI might be best positioned to corner
certain specialized opportunities.
But, the story gets even better.
Uber Enters Africa
If following the market leader is a prudent strategy, Alternet
Systems is in the right place for growth. They are
tracking Uber
Africa and its subsidiary Uber Cash, who worked in tandem
with preferred financial services within the region to facilitate a
program where riders can quickly pay for ride-share services. Those
steps helped develop the market. But, in what can be transformative
to ALYI, Uber Africa has expressed interest to expand the market by
utilizing electric motorbikes as the vehicle of choice within
specific areas. For all the credit Uber gets for developing a new
market, keep in mind that they are a service provider - not a
vehicle supplier.
Thus, as Uber expands the services side of the market, ALYI can
become equally valuable by capitalizing on the market's equipment
needs and providing an electric solution that offers significant
advantages compared to other vehicles in service. Importantly,
ALYI's mission aligns with Uber's vision.
Therefore, beyond bike sales, the presumption that the markets
are neglecting a substantial part of ALYI's business opportunity is
a timely argument. As such, ALYI, in a broader sense, should be
fairly valued as a company that can provide maintenance services,
build out conversion kit dealerships, employ mechanics, and of
course, sell a great vehicle into the market. Combine those
opportunities, and the current $692,000 valuation appears to
significantly understate the intrinsic value already in place. Many
investors agree.
2021 Can be The Breakout For Alternet Systems
A convergence of good things is happening at ALYI. And the
positive reaction to the pre-order announcement for its Retro
ReVolt demonstrates that point. While the stock movement last week
was impressive, it's important to recognize that ALYI is still
emerging from a research-based company to a revenue-generating
business. That means more catalysts are expected.
The great news going forward for ALYI investors is that the
company's Retro ReVolt is getting rave reviews for being beyond
sleek and powerful. That means its value from being a leading
vehicle in the African ride-share market is just now being built
into the share price. And more value is expected to accrue as the
ReVolt ushers in additional inherent opportunities that provide
multiple shots on goal in a surging and valuable market.
The bullish sentiment is a result of ALYI's perseverance. The
company's longtime development stage programs are on the verge of
reaching commercialization in 2021. And from an investor's
perspective, the milestones achieved and those yet to come could
combine to deliver the much-deserved breakout year for Alternet
Systems. Stay tuned.
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Source -
https://www.marketwatch.com/press-release/pre-orders-for-alternet-systems-retro-revolt-ev-motorcycle-hit-the-max-special-edition-bike-production-will-be-first-of-several-catalysts-2021-01-19