ALYI Electric Vehicle Financing Update And ReVolt Motorcycle Sneak Peek Set For Later Today

Dallas, TX -- July 31, 2020 -- InvestorsHub NewsWire -- Alternet Systems, Inc. (USOTC: ALYI) today announced an online video presentation will be published later today with further updates on the advancing financing of its $300 million electric vehicle initiative in Africa. The presentation will include a sneak peek into the ReVolt Electric Motorcycle expected to go into production later this year.
 

 

ALYI’s online video presentation is will provide comprehensive details on the financing partnership with RevoltTOKEN. 

RevoltTOKEN’s has entered into a $25 million investment commitment to ALYI as part of a RevoltTOKEN planned initial cryptocurrency offering intended to raise $100 million for an overall investment into ALYI’s $300 million electric mobility initiative in Africa.

ALYI’s current strategic financing progress enjoys being timed with a market that is very receptive to investment in electric vehicle ventures. 

Electric SUV maker Li, just announced raising $1.1 billion.

The share price of KANDI (KNDI) rocketed after announcing the launch of affordable electric vehicles.

Tesla (TSLA), Nikola (NKLA), Workhorse (WKHS), Nio (NIO) and Rivian all continue to make headlines, to name just a few of the electric vehicle ventures capturing investor interest.

To learn more about RevoltTOKEN, visit www.RevoltTOKEN.com.

For more information and to stay up to date on ALYI’s latest developments , please visit: https://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.

Alternet Systems, Inc. Contact:
Randell Torno
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