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ALYI Alternet Systems Inc New (PK)

0.0013
0.0005 (62.50%)
02 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Alternet Systems Inc New (PK) USOTC:ALYI OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.0005 62.50% 0.0013 0.0013 0.0015 0.0017 0.0008 0.0009 41,497,153 21:01:38

USMJ and ALYI Schedule Online Presentation To Detail Cannabis Retail Payment System And Dividend Distribution Rollout Plans

19/01/2017 3:19pm

InvestorsHub NewsWire


North American Cannabis Holdings and Alternet Systems Schedules Online Presentation To Detail Cannabis Retail Payment System And Dividend Distribution Rollout Plans
 
Dallas, TX – January 19, 2017 – North American Cannabis Systems, Inc. (USOTC: USMJ) today announced it has scheduled an online presentation for tomorrow to present the plans resulting from the management meetings last week in Miami with Alternet Systems, Inc. (USOTC: ALYI) to advance the transaction executed between the two Companies last month.  On December 20, 2016, USMJ and ALYI announced a share exchange agreement between the two companies structured to launch a cannabis retail payment system to be offered by ALYI:
 
North American Cannabis Holdings and Alternet Systems Enter Cannabis Retail Payment System Sector Anticipated To Ring $50 Billion In Sales By 2026
 
The meetings last week were set to plan for the specific next steps leading to the execution of the cannabis retail payment system business plan in addition to the contractual exchange of securities, one of which is intended to result in a dividend distribution of ALYI common stock to USMJ shareholders. 
 
USMJ recently published an online shareholder update following the transaction with ALYI. The presentation is available on the Company’s websites and by clicking on the link below. The presentation is titled:
 
MARIJUANA RULES
 
ALYI Financial Software Development Track Record
 
Alternet has a long-term track record in developing innovative financial services industry software solutions.  The company is guided by a team of executives specializing in entrepreneurial endeavors, innovation, corporate strategy, financial and executive management of multi-national organizations, and a vast network of industry resources.  Alternet recently developed a unique financial services solution which was successfully sold allowing the Company to realize a 47% ROI. 
 
To learn more about North American Cannabis Holdings:     growusmj.com
Follow the Company on Twitter:                                             US_HEMP 
 
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. These forward looking statements relate to, amongst other things, current expectation of the business environment in which the company operates, potential future performance, projections of future performance and the perceived opportunities in the market. The company's actual performance, results and achievements may differ materially from the expressed or implied in such forward-looking statements as a result of a wide range of factors.


USMJ Contact:
Steven Rash 
Phone: +1-972-528-0162 
Email: Info@growusmj.com
 

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