Seeking Alpha - ALYI reveals electric production initiative for EV growth

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

Other stocks on the move include KOMOF, VBHI, and FERN

 

SOURCE: pennymillions