Seeking Alpha - ALYI - Alternet Systems sees planned acquisition in East Africa to boost 2021 EV revenue

October 20, 2021 -- InvestorsHub NewsWire -- via pennymillions --

Alternet Systems, Inc. (ALYI) By: Shweta Agarwal, SA News Editor

• Alternet Systems (OTCPK:ALYI) plans to execute two strategic acquisition of East African companies next month, in November.
• The acquisitions are to integrate Alternet into the motorcycle taxi market in Kenya, adding higher margin revenue from the taxi operations to the electric motorcycles sale, report.
• The company sets its annual revenue target to $2M for FY 2021, as announced already, from sales of its first electric motorcycles into the African market. 

Source - https://seekingalpha.com/news/3755528-alternet-systems-sees-planned-acquisition-in-east-africa-to-boost-2021-ev-revenue?utm_campaign=rta-stock-news&utm_content=link-3&utm_medium=email&utm_source=seeking_alpha&utm_term=RTA+News+Smart

Other stocks on the move include AITX, BBBT and OZSC.

SOURCE: pennymillions