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It is their only product, why on earth would they give their only product away...It is their one shot...I don't know why I bother replying to you, you'll just delete this...Hardly apples and oranges...
HIDING PROTOTYPES MAKES GOOD BUSINESS SENSE, ESPECIALLY FOR A COMPANY THAT'S JUST STARTING OUT...THE BIG BOY'S DO IT ALL THE TIME AND NO ONE QUESTIONS THEIR REASONING...
Mar 10, 2016,09:59am EST
Hiding A Car In Plain Sight: Detroit's Car Spies And The Art Of Auto Camouflage
Michael J. DunneContributor
Transportation
I write about China, electric vehicles and autonomous cars.
This article is more than 4 years old.
Can you identify this car? The answer is in the slideshow below. (Source: “Car Spy,” a book by Jim Dunne)
Can you identify this car? The answer is in the[+]
Imagine that your new job is to disguise Jennifer Lopez so well that no one can identify her as she sashays along 5th Avenue in broad daylight.
And if by chance J.Lo gets caught on camera, your inventive concealment has to be so good that even experts cannot tell for certain who is behind the makeup, sunglasses and other sartorial trappings.
Mission impossible, right?
Well, that’s the full-time responsibility for people like Kevin Rothenhauser, camouflage coordinator at Ford Motor. Every day the Michigan native and his team of six at Ford’s technical center in Dearborn find ways to mask scores of Ford prototypes venturing onto public roads for testing.
Test cars hold the secrets of future design, styling and engineering that Ford and all other car makers want to keep from prying eyes.
When prototype vehicles travel on public streets, there’s frequently someone with a camera not far away. The most dangerous of these are veteran car spies, men and women who earn their living by snapping photos of future products that end up splashed across the pages of car magazines, newspapers and websites.
Some spies make anywhere from $300 for a standard shot to $10,000 for an exclusive scoop.
For automakers, and camouflage experts like Rothenhauser, the stakes are high. It’s not unusual for a prototype vehicle to cost hundreds of millions of dollars to design and develop. As a result, it’s critical to keep these vehicles secret until they are ready for launch.
That’s because competitors can begin strategizing a counterattack for a vehicle being readied for sale, and consumers might put off the purchase of a vehicle today, and wait until the newer model is available. Both scenarios present potential threats to an automaker’s operations.
“What scares me is when our cars get caught [on camera],” says Rothenhauser. “Everybody in the company cares about that.” Everybody includes, of course, the big bosses in the C-Suite. “I really just enjoy what I do. My team and I love the challenge and we work extremely hard to hide these vehicles from spy photographers.”
Lincoln Continental . Photo Credit: Jim Dunne
Lincoln Continental . Photo Credit: Ford Motor[+]
Maintaining this veil of secrecy becomes even more difficult because car spies already know many of the favorite real-world testing haunts of automakers. These include public places like Death Valley, California (for extreme hot weather conditions), Alligator Alley in Florida (for steamy hot weather), and Kapus Kasing, Ontario, Canada (for polar cold temperatures, ice and snow).
“Death Valley feels like working in the Devil’s forge,” says one car sleuth. “But we have to go, because that’s where the prototypes are.”
Once in a while, you can spot test cars on neighborhood streets in the Detroit area, not far from the central proving grounds of General Motors , Ford and Fiat Chrysler Automobiles.
For camouflage experts an obvious question to pose might be: Why not just run the prototype cars through their paces inside company proving grounds, safely behind walls that protect their vehicle designs from prying eyes?
That’s really not an option, says Ford’s Rothenhauser. “You just don’t always get true-life feedback on the [company] track.” Those Belgian Block surfaces found in every car company’s test facility do not duplicate ride variations you find across the country.
Some companies learned the hard way. When Toyota introduced a new Camry sedan to America in the 1980s, customers in Southern California driving the I-405 soon started to complain about freeway hop.
Freeway hop? That’s the unsettling bounce that occurs on concrete surfaces when traveling over expansion joints. It’s known that several companies have been forced to completely re-design their rubber-mounted engine cradles to cope with this real-world condition. Loss of time and money must have made company executives and the money guys red-faced. And more than a little bit annoyed.
Lincoln Continental. Photo credit: Ford Motor Company
Lincoln Continental. Photo credit: Ford Motor[+]
The Evolution Of Car Camouflage
The art of guarding future car designs has been around since the 1960s. Car companies spare no expense in protecting their precious new creations.
1960-70s: Automakers started out with fake body panels – hoods, fenders, trunks. Expensive way to hide prototypes.
1980s: When body panels were not getting the job done, companies opted for cloth covers over the entire car. But that worked only when the car was parked! Oops.
1990s: Technology began to make coverings less costly. Black (or white) vinyl coverings for key body design sections. There is the “bra” in front and “diaper” in the rear.
2000s-Present: Full (black) vinyl covering that makes it possible to hide everything but the windows, lighting front and rear, air intake, exhaust and tires. Wheels are blacked out or covered with a circular plate. Still widely used. Engineers hate them (too noisy and messy).
Today’s latest innovation: black and white patterned stickers that break up body lines, conceal the grill and fool the spy camera. Stickers allow the cars, as the Ford team puts it, “to hide in plain sight.” The thinking goes like this: The prototype will inevitably be caught on camera, so the trick is to do everything possible to fool the camera itself.
Stealth teams get there by applying black and white sticker designs over the entire exterior of the vehicle. Varied patterns make it hard for the camera to lock onto the object, especially when in auto-focus mode. (Fuzzy pictures are small triumphs for the camo team). The dizzying designs also distort car lines and angles so that analysts at rival car companies feel much less certain about what are seeing. Check out Ford’s video below.
To combat these new camouflage techniques, some car spies are improvising on the go. One pro recently shot a Ford mule that was hiding a Mustang GT. Ford’s new sticker defenses left him feeling uncertain about the identity of his prize. So, he slid underneath the vehicle and noted the size of the bolts on the rear differential. They were huge, much larger than those on a current V8 Mustang. Bingo – GT version confirmed!
Got What It Takes?
Think you got what it takes to be a car spy? Let’s see how good you are at identifying the following vehicles:
uncaptioned
Gallery: Can You Guess What These Camouflaged Cars Are?
20 images
View gallery
See, it’s not just a matter of pointing and clicking. You need to know your vehicles well. Discerning observers can identify important changes, no matter how good the camo. Here are some things they look for:
1. Dash to Axle Distance. The area from the front of the front door to the rear of the front wheel opening tells whether the prototype is front or rear drive.
2. Shapes. Even the most out-of-focus pics still let experts tell whether it’s coupe vs. sedan, SUV vs. pickup, van vs. sports car. But, don’t get too complacent about things, there are exceptions (See disguised pickup below).
3. Details. Photos can also give clear hints about side view mirror placement, windshield shape, taillight placement, and the number of wheel lugs.Never willing to concede an inch, car companies paint their wheels all black to make it harder to see the number of wheel lugs.
Never underestimate the tenacity and daring of car spies.
Rothenhauser’s hard-working camo team at Ford calls their current strategy ‘hiding in plain sight.’ I’m not sure that will ever be possible. Or will it? A new idea just came to me.
Best way to hide the protos: Drive only at night.
But where’s the fun in that?
See also: A Dangerous Introduction To Car Spying
Get the best of Forbes to your inbox with the latest insights from experts across the globe.
Michael J. Dunne
Entrepreneur. Author. Strategic Adviser. Detroit native, lived and worked in Asia since 1990. I know how Asia business works - from creating my own company (Automotive Resources Asia), to running a car company (GM Indonesia) to being the China-based lead of a world-respected icon of the global car business (JD Power). Book: American Wheels, Chinese Roads. Now advising investors on the convergence of China, California, electrics and self-driving. Connect: michael.dunne@dunneautomotive.com or twitter @dunneautomotiveRead Less
HEMP CARS, NOTHING NEW... JUST SOMETHING WHO'S TIME HAS COME...TAKE NOTE OF THE VIDEO LINK BELOW...$ALYI, WINNING...
NEWS
Cannabis
ALYI Confirms Electric Delivery Truck For Sub Saharan Africa
July 28, 2020 Stock Day Media 10 Views ALYI, cannabis, deliverytruck, electricdelivery, Hemp, saharanafrica
PR Newswire
DALLAS, July 27, 2020
DALLAS, July 27, 2020 /PRNewswire/ — Alternet Systems, Inc. (USOTC: ALYI) today confirmed plans for producing and selling electric delivery trucks in Africa made of hemp and powered by hemp batteries. Further design details are expected to be revealed later this year. The company CEO Dr. Randell Torno, first announced the electric delivery vehicles last September in an interview with the CEO of the Africa Development Organization, Libasse Diop Dia. In the interview, the two CEO’s discussed the industrialization of Africa with a focus on the development of clean, sustainable energy.
ALYI today confirms and reiterates the ongoing electric delivery vehicle to emphasize ALYI’s overall comprehensive, long-term electric mobility business strategy focused on rapidly expanding into the market in Sub-Saharan Africa. The strategy begins with the production of ALYI’s proprietary ReVolt Electric Motorcycle designed for a rugged environment and to support the multi passenger Ride-Share industry in Africa already recognized by Uber and Lyft.
Last week, ALYI introduced the RevoltTOKEN cryptocurrency dedicated to funding ALYI’s $300 million electric vehicle (EV) initiative in Africa. Later this week, ALYI will publish a video presentation, on Friday, July 31, 2020 to provide comprehensive details on the partnership with RevoltTOKEN and RevoltTOKEN’s current $25 million investment commitment to ALYI as well as RevoltTOKEN’s planned initial cryptocurrency offering intended to raise $100 million for investment into ALYI and future electric mobility initiatives in Africa.
ALYI has already published a comprehensive narrative presentation on its strategy with RevoltTOKEN. The presentation from yesterday can be viewed at:
ALYI and RevoltTOKEN Ignite $300M African Electric Vehicle Production and Marketing Campaign
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: http://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
info@lithiumip.com
+1-800-713-0297
Cision
View original content:http://www.prnewswire.com/news-releases/alyi-confirms-electric-delivery-truck-for-sub-saharan-africa-301100256.html
SOURCE Alternet Systems, Inc
SEEKING ALPHA
On the move
Tech
Alternet Systems +10% on confirmation to enter African EV market
Jul. 27, 2020 10:53 AMAlternet Systems, Inc. (ALYI)By: Shweta Agarwal, SA News Editor
Alternet Systems (OTCPK:ALYI +7.7%) confirms plan for producing and selling electric delivery trucks in Africa that are powered by sustainable hemp batteries.
Focused on rapidly expanding into the market in Sub-Saharan Africa, the company begins with the production of its proprietary ReVolt electric motorcycle to tap the multi passenger ride-share industry, already recognized by Uber and Lyft.
ALYI and RevoltTOKEN Ignite $300M African electric vehicle production and marketing campaign.
The entry in African EV industry arrives with shares of Alternet Systems up 83% YTD.
He wouldn't have to do the whole coin thing...He'd just dig into his back pocket...LOL...But I get your point, it would be nice...
For those of us that haven't had a chance to see this today, I'll repost what I'm sure has already been posted multiple times... LOL
Date: July 24, 2020
ALYI Announces Video Presentation On $100M Electric Vehicle Financing Deal Scheduled Next Friday
Symbol: ALYI
Dallas, TX -- July 24, 2020 -- InvestorsHub NewsWire -- Alternet Systems, Inc. (USOTC: ALYI) today announced the company will publish a video presentation next week, on Friday, July 31, 2020 to provide comprehensive details on the partnership with RevoltTOKEN and RevoltTOKEN’s current $25 million investment commitment to ALYI as well as RevoltTOKEN’s planned initial cryptocurrency offering intended to raise $100 million for investment into ALYI and future electric mobility initiatives in Africa.
ALYI yesterday published a comprehensive narrative presentation on its strategy with RevoltTOKEN. The company received a number or responses requesting a video follow up.
The presentation from yesterday can be viewed at:
ALYI and RevoltTOKEN Ignite $300M African Electric Vehicle Production and Marketing Campaign
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: http://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
info@lithiumip.com
+1-800-713-0297
It ain't over until it's over...And that time hasn't come yet...(wink)
Seeking Alpha
MARKET OUTLOOK
Tech
On the move
ALYI and RevoltTOKEN ink agreement for African EV initiative
Jul. 23, 2020 1:07 PMAlternet Systems, Inc. (ALYI)By: Khyathi Dalal, SA News Editor
Alternet Systems (OTCPK:ALYI -12.6%) introduced the RevoltTOKEN cryptocurrency dedicated to funding the former's $300M electric vehicle initiative in Africa.
RevoltTOKEN entered into a letter of intent agreement to fund ALYI with a first $25M tranche of the overall plan to fund an overall $100M; it has further agreed to pre-fund up to the first $2.5M of the first $25 million tranche.
NEWS!!!
Yahoo Finance
PR Newswire
ALYI Introduces $100M RevoltTOKEN ICO To Expand Electric Vehicle Business
July 23, 2020, 9:53 am
DALLAS, July 23, 2020 /PRNewswire/ -- Alternet Systems, Inc. (USOTC: ALYI) today introduced the RevoltTOKEN cryptocurrency dedicated to funding ALYI's $300 million electric vehicle (EV) initiative in Africa. Below, find a detailed presentation in its entirety on the upcoming RevolTOKEN initial cryptocurrency offering (ICO) intended to raise $100 million to fund ALYI's comprehensive, long-term electric vehicle strategy.
RevoltTOKEN Logo (PRNewsfoto/Alternet Systems, Inc.)
RevoltTOKEN Logo (PRNewsfoto/Alternet Systems, Inc.)
ALYI and RevoltTOKEN Partnership Background:
ALYI has partnered with RevoltTOKEN to fund ALYI's $300 million electric (EV) initiative in Sub-Saharan Africa. RevoltTOKEN has already entered into a letter of intent (LOI) agreement to fund ALYI with a first $25 million tranche of the overall plan to fund an overall $100 million. RevoltTOKEN has further agreed to pre-fund up to the first $2.5 million of the first $25 million tranche.
ALYI has developed a comprehensive, long-term electric mobility business strategy focused on rapidly expanding into the market in Sub-Saharan Africa. The strategy begins with the production of ALYI's proprietary ReVolt Electric Motorcycle designed for a rugged environment and to support the multi passenger Ride-Share industry in Africa already recognized by Uber and Lyft.
The ReVolt Electric Motorcycle has been developed through multiple pilot phases. An industrial engineering firm is currently designing the manufacturing capacity to mass produce the ReVolt Electric Motorcycle.
The ReVolt Electric Motorcycle is only ALYI's first electric vehicle. ALYI is currently designing electric delivery trucks specifically for the Sub Saharan Market. Additional electric vehicles are in the works.
To market ALYI's current and future eclectic vehicles, ALYI has developed an annual electric mobility conference and symposium with a brand name anchor event. The annual electric mobility event is intended to establish ALYI as a global brand and at the same time contribute to the evolution of future products to be produced by ALYI.
The anchor event is a component of a $6 billion global market. The design of the ReVolt Electric Motorcycle and the exact nature of the anchor event are under wraps at this time, but news on both will be coming soon.
RevoltTOKEN Origination:
RevoltTOKEN is entirely independent from ALYI and completely dedicated to ALYI.
RevoltTOKEN originates from a combination of management talent, cryptocurrency technology expertise and investment.
The technology expertise comes from the international technology firm, Interwave, coming on board as a partner. Interwave is a well-established, internationally recognized, technology firm with experience ranging from systems development for NASA to delivering the technology behind multiple cryptocurrencies.
The management talent comes from Interwave and a range of other internationally recognized cryptocurrency experts all led by another cryptocurrency expert that also has a long history with ALYI. The former CEO of ALYI, Henryk Dabrowski is the CEO of the RevoltTOKEN initiative.
RevoltTOKEN is well backed by a founding investor that has seeded RevoltTOKEN's initial financial commitments to ALYI.
RevoltTOKEN ICO Plans:
RevoltTOKEN (RVLT) is conceived on the assumption that blockchain technology has already been implemented and established a fundamental underlying technological protocol that can now be universally utilized to build improved social contracts with specific objectives.
RevoltTOKEN is built to support a specific social contract that builds upon the original cryptocurrency founding principles of systematic cooperation. RevoltTOKEN benefits all those participating directly in the contract in addition to inherently providing a multifaceted universal benefit imperative to the ongoing democratization of economic equity and environmental responsibility.
The return on investment potential from delivering technology innovation to developing economic populations will be unbeatable for the next 100 years. Approximately 1.2 billion people today live in the developed economies of North American and Europe. With a global population of 7.7 billion, that leaves some 6.5 billion people living in regions of the world underserved by current technological capacities.
Technology innovation that, for instance, improves energy efficiency and, in turn, increases access to power and transportation within developing economic countries can deliver Rockefeller returns to the investors backing the innovation.
The current state of investment innovation backed by blockchain technology opens access to such investment opportunities to anyone with an internet connection.
RevoltTOKEN (RVLT) is introducing a blockchain enabled cryptocurrency specifically for the purpose of providing everyone the opportunity to invest in the development and delivery of electric mobility technology innovation in Africa.
RevoltTOKEN is a utility token that gives the bearer a first right to purchase equity in electric mobility businesses that are forthcoming from the overall electric mobility initiative in Africa funded by RevoltTOKEN. Holders of RevoltTOKEN will also be eligible for preferential participation in the annual electric mobility seminar, conference and anchor event.
At this time, the following details the specific rights, dividends and benefits of the RevoltTOKEN cryptocurrency:
Redemption Rights
1 Token – 20 Shares of ALYI Common Stock
1 Token Tokens – 1/10,000 of Revolt Electric Motorcycle
Dividend Rights
1 Token – Annual Carbon Credit Dividend
1 Token – Annual ALYI Profit Dividend
Benefits
1st Right of Refusal on Future Ventures
Free Attendance E-Mobility Conference & Symposium
VIP Access To Anchor Event
The RevoltTOKEN has been partitioned on the Ethereum Blockchain. The exact and definitive details of the RevoltTOKEN initial cryptocurrency offering (ICO) are being finalized and an ICO date is accordingly in the process of being set.
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: http://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
info@lithiumip.com
+1-800-713-0297
The ReVolt Electric Motorcycle is ALYI’s first electric vehicle. (PRNewsfoto/Alternet Systems, Inc.)
The ReVolt Electric Motorcycle is ALYI’s first electric vehicle. (PRNewsfoto/Alternet Systems, Inc.)
Interwave is a well-established, internationally recognized, technology firm with experience ranging from systems development for NASA to delivering the technology behind multiple cryptocurrencies. (PRNewsfoto/Alternet Systems, Inc.)
Interwave is a well-established, internationally recognized, technology firm with experience ranging from systems development for NASA to delivering the technology behind multiple cryptocurrencies. (PRNewsfoto/Alternet Systems, Inc.)
With a global population of 7.7 billion, that leaves some 6.5 billion people living in regions of the world underserved by current technological capacities. (PRNewsfoto/Alternet Systems, Inc.)
With a global population of 7.7 billion, that leaves some 6.5 billion people living in regions of the world underserved by current technological capacities. (PRNewsfoto/Alternet Systems, Inc.)
Ethereum Blockchain (PRNewsfoto/Alternet Systems, Inc.)
Ethereum Blockchain (PRNewsfoto/Alternet Systems, Inc.)
Cision
Cision
View original content to download multimedia:http://www.prnewswire.com/news-releases/alyi-introduces-100m-revolttoken-ico-to-expand-electric-vehicle-business-301098874.html
SOURCE Alternet Systems, Inc
Thumbs up...
Fingers crossed...
Perhaps the Investor has seen the prototype, who's to say, certainly not you...
Yahoo Finance
Newsfile
ALYI Strategic Financing Details to Be Published on Key Date for EV Market
Newsfile Corp.
July 21, 2020, 1:43 pm
Dallas, Texas--(Newsfile Corp. - July 21, 2020) - Alternet Systems, Inc. (OTC Pink: ALYI) today confirmed an online presentation to be published this week on Thursday, July 23, 2020 to detail the coming initial coin offering (ICO) intended to back ALYI's electric vehicle (EV) strategy in Africa.
Tesla is expected to publish its quarterly financial statement on Wednesday, July 22nd, 2020 after the market. Strong gross margin performance is anticipated to bode well for Tesla when the market opens the following day. Tesla progress has fueled investor enthusiasm for the overall EV sector. The ALYI investor EV ICO presentation has been timed in anticipation that reception for the strategy this Thursday will be strong.
From its founding in patented lithium technology commercialization, ALYI has evolved into an innovative electric vehicle company with an initial $300 million electric mobility initiative in Africa designed to rapidly expand beyond the initial $300 million scope. The $300 million initiative includes a key customer for ALYI's Revolt Electric Motorcycle, and a comprehensive annual electric mobility event designed to both fuel the branding and marketing of ALYI's current and future electric vehicles in addition to serving as a catalyst in the development of all ALYI's future electric mobility solutions.
ALYI's Revolt Electric Motorcycle is a rugged design that has now endured two rounds of prototyping and testing and is ready for production. The Revolt Electric Motorcycle will be manufactured in Kenya initially for the Kenyan ride-share market. Motorcycles are already widely accepted and in use as taxi's in Africa.
The branding and marketing for ALYI's current and future electric mobility solutions will be built on the company gaining recognition for its annual electric mobility conference and symposium that includes an already branded anchor event. The anchor event is part of an existing and well established $6 billion industry. The annual electric mobility conference and symposium and anchor event is expected to contribute significantly to both ALYI's top and bottom line, in addition to providing a catalyst to the development of future ALYI mobility solutions.
On June 30, 2020, ALYI entered into a letter of intent (LOI) for a $25 million first tranche investment to fund ALYI's overall $300 million electric mobility initiative in Africa.
The planned ALYI investment is one component of the investor's overall $100 million initial cryptocurrency offering (ICO) strategy. The investor is independently launching an ICO dedicated to funding ALYI's overall $300 million electric mobility project in Africa with future plans to fund additional electric mobility initiatives in Africa. The investor has already partitioned a cryptocurrency on the Ethereum Blockchain in advance of the planned ICO.
This week, on Thursday, July 23rd, the investor will publish an online presentation detailing the upcoming ICO's overall strategy to fund an environmentally sustainable, electric mobility initiative in Africa that economically benefits local African markets while providing those purchasing the cryptocurrency multiple incentives and economic benefits.
For more information and to stay up to date on the latest developments, please visit: http://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
info@lithiumip.com
+1-800-713-0297
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/60203
ALYI Strategic Financing Details to Be Published on Key Date for EV Market
1:43 PM ET 7/21/20 | Dow Jones
Dallas, Texas--(Newsfile Corp. - July 21, 2020) - Alternet Systems, Inc. (OTC Pink: ALYI) today confirmed an online presentation to be published this week on Thursday, July 23, 2020 to detail the coming initial coin offering (ICO) intended to back ALYI's electric vehicle (EV) strategy in Africa.
Tesla is expected to publish its quarterly financial statement on Wednesday, July 22(nd) , 2020 after the market. Strong gross margin performance is anticipated to bode well for Tesla when the market opens the following day. Tesla progress has fueled investor enthusiasm for the overall EV sector. The ALYI investor EV ICO presentation has been timed in anticipation that reception for the strategy this Thursday will be strong.
From its founding in patented lithium technology commercialization, ALYI has evolved into an innovative electric vehicle company with an initial $300 million electric mobility initiative in Africa designed to rapidly expand beyond the initial $300 million scope. The $300 million initiative includes a key customer for ALYI's Revolt Electric Motorcycle, and a comprehensive annual electric mobility event designed to both fuel the branding and marketing of ALYI's current and future electric vehicles in addition to serving as a catalyst in the development of all ALYI's future electric mobility solutions.
ALYI's Revolt Electric Motorcycle is a rugged design that has now endured two rounds of prototyping and testing and is ready for production. The Revolt Electric Motorcycle will be manufactured in Kenya initially for the Kenyan ride-share market. Motorcycles are already widely accepted and in use as taxi's in Africa.
The branding and marketing for ALYI's current and future electric mobility solutions will be built on the company gaining recognition for its annual electric mobility conference and symposium that includes an already branded anchor event. The anchor event is part of an existing and well established $6 billion industry. The annual electric mobility conference and symposium and anchor event is expected to contribute significantly to both ALYI's top and bottom line, in addition to providing a catalyst to the development of future ALYI mobility solutions.
On June 30, 2020, ALYI entered into a letter of intent (LOI) for a $25 million first tranche investment to fund ALYI's overall $300 million electric mobility initiative in Africa.
The planned ALYI investment is one component of the investor's overall $100 million initial cryptocurrency offering (ICO) strategy. The investor is independently launching an ICO dedicated to funding ALYI's overall $300 million electric mobility project in Africa with future plans to fund additional electric mobility initiatives in Africa. The investor has already partitioned a cryptocurrency on the Ethereum Blockchain in advance of the planned ICO.
This week, on Thursday, July 23(rd) , the investor will publish an online presentation detailing the upcoming ICO's overall strategy to fund an environmentally sustainable, electric mobility initiative in Africa that economically benefits local African markets while providing those purchasing the cryptocurrency multiple incentives and economic benefits.
For more information and to stay up to date on the latest developments, please visit: http://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
info@lithiumip.com
+1-800-713-0297
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/60203
> Dow Jones Newswires
July 21, 2020 13:43 ET (17:43 GMT)
BOLD PRINT, RED LETTERING, , Reverse Split...Wow, you're checking all the boxes today... LOL
YouTube:ALYI
Your sentence structure sucks...
NEWS!!!
Date: July 17, 2020
ALYI Announces Electric Vehicle $100 Million ICO Coming Soon
Symbol: ALYI
Dallas, TX -- July 17, 2020 -- InvestorsHub NewsWire -- Alternet Systems, Inc. (USOTC: ALYI) today announced an online presentation to be published next week on Thursday, July 23, 2020 to detail the coming initial coin offering intended to back ALYI’s electric vehicle strategy in Africa.
From its founding in patented lithium technology commercialization, ALYI has evolved into an innovative electric vehicle company with an initial $300 million electric mobility initiative in Africa designed to rapidly expand beyond the initial $300 million scope. The $300 million initiative includes a key customer for ALYI's Revolt Electric Motorcycle, and a comprehensive annual electric mobility event designed to both fuel the branding and marketing of ALYI's current and future electric vehicles in addition to serving as a catalyst in the development of all ALYI's future electric mobility solutions.
ALYI's Revolt Electric Motorcycle is a rugged design that has now endured two rounds of prototyping and testing and is ready for production. The Revolt Electric Motorcycle will be manufactured in Kenya initially for the Kenyan ride-share market. Motorcycles are already widely accepted and in use as taxi's in Africa.
The branding and marketing for ALYI's current and future electric mobility solutions will be built on the company gaining recognition for its annual electric mobility conference and symposium that includes an already branded anchor event. The anchor event is part of an existing and well established $6 billion industry. The annual electric mobility conference and symposium and anchor event is expected to contribute significantly to both ALYI's top and bottom line, in addition to providing a catalyst to the development of future ALYI mobility solutions.
On June 30, 2020 ALYI entered into a letter of intent (LOI) for a $25 million first tranche investment to fund ALYI's overall $300 million electric mobility initiative in Africa.
The planned ALYI investment is one component of the investor's overall $100 million initial cryptocurrency offering (ICO) strategy. The investor is independently launching an ICO dedicated to funding ALYI's overall $300 million electric mobility project in Africa with future plans to fund additional electric mobility initiatives in Africa. The investor has already partitioned a cryptocurrency on the Ethereum Blockchain in advance of the planned ICO.
Next week on Thursday, July 23rd, the investor will publish an online presentation detailing the upcoming ICO’s overall strategy to fund an environmentally sustainable, electric mobility initiative in Africa that economically benefits local African markets while providing those purchasing the cryptocurrency multiple incentives and economic benefits.
For more information and to stay up to date on the latest developments , please visit: http://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
info@lithiumip.com
+1-800-713-0297
SCAM, THE OPERATIVE WORD ON PRETTY MUCH EVERY MESSAGE BOARD... LOL
Yahoo Finance
Newsfile
ALYI Announces Electric Vehicle ICO Acceleration Plans Moving Up $25 Million First Tranche Closing Date
Newsfile Corp.
July 15, 2020, 1:37 pm
Dallas, Texas--(Newsfile Corp. - July 15, 2020) - Alternet Systems, Inc. (OTC Pink: ALYI) today announced acceleration plans to close a $25 million first tranche investment currently committed under a letter of letter of intent (LOI). The LOI was announced June 30, 2020 and at that time, the target closing date was 90 days. ALYI and the investor have now agreed on plans to close the transaction by the end of August.
The planned ALYI investment is one component of the investor's overall $100 million initial cryptocurrency offering (ICO) strategy. The investor has already partitioned a cryptocurrency on the Ethereum Blockchain in advance of the planned ICO. In conjunction with the accelerated closing of the $25 million first tranche, the investor is also accelerating ICO plans.
The $25 million first tranche investment is structured at a $50 million pre-money valuation of ALYI. The $25 million first tranche investment represents a valuation of ALYI common stock at approximately $0.05 per share.
A second tranche at a valuation calculated after the first $25 million investment is planned before the end of the year.
ALYI's overall $300 million comprehensive electric vehicle strategy in Africa is founded on initially launching the commercial production of the company's own ReVolt Electric Motorcycle.
For more information and to stay up to date on the latest developments , please visit: http://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
info@lithiumip.com
+1-800-713-0297
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/59850
They have, pretty much, always fliped early on here...It's just what they do...That's why I'm surprised at how long this stock has been fighting to stay above a penny, it's out of the normal for ALYI...
YouTube:ALYI
I've had shares in ALYI for close to a year and a half and I've never seen it fight like this before...Fun to watch...
If the time comes that I can look at my shares and see a different name in front of them instead of NOUV, I'll be totally cool with this merger...Until that happens, I have nothing to get excited about...Who knows, maybe they'll go back to the date when the whole NOUV thing was announced and make all of the shares whole from that point in time...It would work for me, I bought into this for the cultivation not the name, Nouveau Life Pharmaceuticals Inc. (NOUV), that means nothing to me...
Date: July 14, 2020
Bulls Take Charge of Alternet Systems, Inc. (OTCMKTS: ALYI)
Symbols: ALYI, HDII, ABMC, GAXY
July 14, 2020 -- InvestorsHub NewsWire -- via Microcap Daily --
BY ALEX CARLSON ON JULY 13, 2020
Alternet Systems, Inc. (OTCMKTS: ALYI) is making an explosive move up the charts quickly attracting legions of shareholders and emerging as a volume leader in small caps regularly topping $2.5 million in daily dollar volume.
ALYI got a serious boost after the Company announced initiating a design and engineering phase of a development to construct facilities covering approximately 100 acres that will be required to host the intended anchor event at the company’s annual electric mobility conference and symposium. The company recently announced a $2.5 million investment deal intended to fund this first phase of the development. The $2.5 million is an advance on a $25 million investment currently committed under a letter of intent. Next week, on Tuesday, July 14, management plans to publish more details on the 100-acre development.
Alternet Systems, Inc. (OTCMKTS: ALYI) bills itself as focused on offering varied, environmentally sustainable, energy storage solutions for targeted markets, including consumer electric vehicles and military applications. All the excitement on ALYI is about the planned $300 million comprehensive electric vehicle strategy in Africa as well as the launch of a initial crypto currency offering (ICO) dedicated to funding ALYI’s overall $300 million electric mobility project in Africa. On July 1 ALYI announced the company will receive up to $2.5 million in advance of a $25 million first tranche investment agreement currently committed under a letter of intent (LOI).
Last week the Company announced initiating a design and engineering engagement leading to the development of facilities covering approximately 100 acers that will be required to host the intended anchor event at the company’s annual electric mobility conference and symposium. Recently, the company confirmed a $2.5 million prefunding deal in conjunction with a recently announced $25 million first tranche investment at a $50 million enterprise valuation. The full $25 million investment is anticipated to close within the next 90 days.
According to ALI the first tranche $25 million investment is one component of the investor’s overall $100 million initial cryptocurrency offering (ICO) strategy. The investor is independently launching an ICO dedicated to funding ALYI’s overall $300 million electric mobility project in Africa with future plans to fund additional electric mobility initiatives in Africa. The investor has already partitioned on the Ethereum Blockchain in advance of the planned ICO. The $25 million first tranche investment is structured at a $50 million pre-money valuation of ALYI in consideration of the company’s $300 million electric mobility initiative. The $25 million first tranche investment represents a valuation of ALYI common stock at approximately $0.05 per share.
Currently running up the charts ALYI is an exciting story developing in snall caps; the Company continues to report on its planned $300 million comprehensive electric vehicle strategy in Africa as well as the launch of a initial crypto currency offering (ICO) dedicated to funding ALYI’s overall electric mobility project. announced initiating a design and engineering phase of a development to construct facilities covering approximately 100 acres that will be required to host the intended anchor event at the company’s annual electric mobility conference and symposium. The company recently announced a $2.5 million investment deal intended to fund this first phase of the development. The $2.5 million is an advance on a $25 million investment currently committed under a letter of intent. Next week, on Tuesday, July 14, management plans to publish more details on the 100-acre development. ALYI currently has massive momentum, liquidity and a fast growing shareholder base bidding the stock higher. We will be updating on ALYI when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with ALYI.
Disclosure: we hold no position in ALYI either long or short and we have not been compensated for this article.
Original publication: https://microcapdaily.com/bulls-take-charge-of-alternet-systems-inc-otcmkts-alyi/126468/
Yahoo Finance
PR Newswire
ALYI - Alternet Targets $2 Billion Foothold Into $1 Trillion Electric Vehicle Market
July 14, 2020, 8:00 am
DALLAS, July 14, 2020 /PRNewswire/ -- Alternet Systems, Inc. (USOTC: ALYI), an innovative electric vehicle company concentrating on the African market, today published a bulletin outlining in further detail the company's recently announced development project to construct an advanced electric mobility site in Africa covering approximately 100 acres. The site is a key component of an overall $300 million initiative designed to expand rapidly beyond the initial $300 million scope. ALYI has executed a $2.5 million investment deal intended to fund the design and engineering of the advanced electric mobility site. The $2.5 million is an advance on a $25 million investment currently committed under a letter of intent. The bulletin is included below in its entirety within this release:
Bulletin: Advanced Electric Mobility Site Supporting $300 Million Initiative
ALYI in an innovative company dedicated to electric mobility. The company was founded on developing a patented portfolio of lithium battery technologies and has evolved into its current focus on developing complete electric mobility solutions for the African market.
ALYI CEO, Dr. Randell Torno, contends that the immediate opportunity for electric powered transportation growth in Africa by far exceeds the electric powered transportation opportunity anywhere else in the world and that the electric mobility technology innovations that will be developed for Africa will ultimately form the foundation of commercial electric powered transportation everywhere. In short, Africa is the global proving ground for electric powered transportation.
Long-Term Corporate Sustainability Strategy
ALYI's evolutionary approach to developing electric mobility solutions was designed for sustainability. Separate from ALYI's innovative, paradigm changing, electric mobility initiative, management maintains a residual consulting business leveraging the team's extensive operational experience in Africa. The consulting operations cover fundamental expenses and have permitted the company to endure its way through to the prevailing investment market acceptance of electric vehicle innovation.
CEO Dr. Torno has been working on the ground in the Middle East or Africa since 2007. He was recalled to active duty as a Lieutenant Colonel in the U.S. Army and deployed to Iraq in 2007. He received the Bronze Star in the course of his combat tour. After finishing his tour in Iraq, Dr. Torno was requested by name for duty in Addis Ababa, Ethiopia, a deployment lasting 3 years. He retired from the Army in 2011 and was shortly thereafter contracted by Northrop Grumman and other companies to work in Africa on a myriad of projects in countries from Senegal to South Africa. He holds a PhD in Public Policy and Political Economics from the University of Texas.
Ed Bollen, the President of ALYI served 30 years with the U.S. Government, first as a U.S. Marine and then working within the U.S. intelligence community. Since then, Mr. Bollen has worked on management consulting projects in North America, the Middle East, Africa, Europe, Asia, the Caribbean and South America. He has supported military and law enforcement operations, as well as aviation and maritime services. Mr. Bollen has worked on projects with Boeing, Bell Helicopter, Sikorsky Aircraft, Raytheon, General Electric, Lockheed, Marin Marietta, L-3 Communications, Electric Boat and Newport News Shipbuilding. He has trained United Nations' international arms inspectors; established a counterterrorism task force in Ethiopia; worked directly with the Palestinian Authority in Gaza and Jericho, and been the boots on the ground in Liberia at the height of its second civil war implementing counter insurgency measures. Mr. Bollen has an undergraduate degree in history from Florida State University and graduate degree in comparative religion and religious history from The College of William & Mary.
ALYI's Initial $300 Million Electric Mobility Initiative And Beyond
From its founding in patented lithium technology commercialization, ALYI has evolved into an innovative electric vehicle company with an initial $300 million electric mobility initiative in Africa designed to rapidly expand beyond the initial $300 million scope. The $300 million initiative includes a key customer for ALYI's Revolt Electric Motorcycle, and a comprehensive annual electric mobility event designed to both fuel the branding and marketing of ALYI's current and future electric vehicles in addition to serving as a catalyst in the development of all ALYI's future electric mobility solutions.
ALYI's Revolt Electric Motorcycle is a rugged design that has now endured two rounds of prototyping and testing and is ready for production. The Revolt Electric Motorcycle will be manufactured in Kenya initially for the Kenyan ride-share market. Motorcycles are already widely accepted and in use as taxi's in Africa.
The branding and marketing for ALYI's current and future electric mobility solutions will be built on the company gaining recognition for its annual electric mobility conference and symposium that includes an already branded anchor event. The anchor event is part of an existing and well established $6 billion industry. The annual electric mobility conference and symposium and anchor event is expected to contribute significantly to both ALYI's top and bottom line, in addition to providing a catalyst to the development of future ALYI mobility solutions.
The annual electric mobility conference and symposium and anchor event will have a dedicated facility in Kenya. The advanced electric mobility center will host the annual event and the facility itself will serve as a key component of generating revenue and advancing electric mobility technology. As currently contemplated, the facility is anticipated to span approximately 100 acres as necessary to support its intended function.
The company is containing the release of any further specifics regarding the facility or the anchor event at this time, to maintain competitive advantage and in respect to certain disclosure restrictions.
ALYI has executed a $2.5 million investment deal intended to fund the design and engineering of the advanced electric mobility site. The $2.5 million is an advance on a $25 million investment currently committed under a letter of intent.
Cryptocurrency Partner's $25 Million Investment And $50 Million Valuation
On June 30, 2020 ALYI entered into a letter of intent (LOI) for a $25 million first tranche investment to fund ALYI's overall $300 million electric mobility initiative in Africa.
The planned ALYI investment is one component of the investor's overall $100 million initial cryptocurrency offering (ICO) strategy. The investor is independently launching an ICO dedicated to funding ALYI's overall $300 million electric mobility project in Africa with future plans to fund additional electric mobility initiatives in Africa. The investor has already partitioned a cryptocurrency on the Ethereum Blockchain in advance of the planned ICO.
The $25 million first tranche investment is structured at a $50 million pre-money valuation of ALYI in consideration of the company's $300 million electric mobility initiative. The $25 million first tranche investment represents a valuation of ALYI common stock at approximately $0.05 per share.
The first $25 million tranche is structured to result in a change of control with the investor becoming the controlling shareholder. A management change is not part of the planned investment. Randell Torno will remain as the Chief Executive Officer. A second tranche at a valuation calculated after the first $25 million investment is planned before the end of the year.
$2 Billion Niche Expected To More Than Double To $5 Billion By 2024
"Africa is urbanizing faster than any other continent, at a rate of 4% every year, compared to the global average of 2%. Its rapidly growing urban population continues to strain existing infrastructure - transport and energy, in particular." - World Economic Forum
"In 2017, 77% of Kenya's electricity demand was met through renewable energy. - Kenya Power 2017 Annual Report
The growth opportunity to provide net new transportation solutions in Africa is much higher than in any developed region where most electric vehicle companies are currently concentrating market development efforts. Within developed economic regions, the electric vehicle opportunity requires replacing combustion engine transportation rather than simply providing a net new transportation opportunity.
With leading urbanization and sustainable energy statistics, Africa is arguably better positioned for electric vehicle growth than other developing economic regions.
With the current strain on existing infrastructure in Africa combined with the advance and acceptance of ride-share technologies, it is unlikely the African economy will ever grow to accept the individual consumer vehicle owned transportation paradigm that most electric vehicles are being produced to serve. Africa is much more likely to evolve and grow its existing $2 billion in annual sales ride-hailing and taxi market expected to grow to $5 billion by 2024, than change courses and adopt an induvial consumer owned vehicle transportation model.
ALYI's $300 million initiative is centered on penetrating that $2 billion market and leading its evolution into the adoption of electric vehicles and ride-sharing applications. ALYI management has carefully and deliberately identified and carved out a substantial niche for itself within the overall electric vehicle market. That niche is only the start of ALYI's long-term plans. ALYI management expects to leverage the African electric vehicle ride-share niche as a foothold to expand into the overall electric vehicle market expected to exceed $1 trillion by 2027.
For more information and to stay up to date on the latest developments, please visit: http://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
info@lithiumip.com
+1-800-713-0297
Cision
Cision
View original content:http://www.prnewswire.com/news-releases/alyi--alternet-targets-2-billion-foothold-into-1-trillion-electric-vehicle-market-301092829.html
SOURCE Alternet Systems, Inc.
I hope you're right buddy...
YouTube:PURA
LEAVE A COMMENT, TELL THEM HOW YOU FEEL...
PURA BREAKING NEWS - Funding Completed
July 13 2020 - 03:13PM
InvestorsHub NewsWire Print
Dallas, TX -- July 13, 2020 -- InvestorsHub NewsWire -- Puration, Inc. (USOTC: PURA) Breaking News Update – The management buyout of a separate public company that will in turn purchase PURA’s cannabis cultivation spinoff in exchange for common stock has been funded. The management/owner team plans to make a formal announcement tomorrow, on Tuesday, July 14, 2020, to reveal details regarding a planned dividend distribution of stock to PURA shareholders.
The common stock issued in exchange for the PURA spinoff is intended to be issued to PURA shareholders in a dividend distribution.
NCM Biotech, a subsidiary of Kali-Extracts (USOTC: KALY) will also be acquired and merged with PURA’s cannabis spinoff.
The management team purchasing control of the target public company is expected to confirm the planned acquisitions of PURA’s cannabis cultivation company and KALY’s NCM Biotech in the announcement scheduled for Tuesday, July 14, 2020.
PURA’s cannabis cultivation operation is thriving. The operation has recently purchased and relocated to a new property from its former leased property. Texas lawmakers have recently implemented hemp friendly farming regulations and in so doing, universities within the State of Texas have initiated hemp farming research programs. PURA’s cannabis cultivation spinoff has initiated a number of joint research applications with Texas universities.
NCM Biotech is focused on medical research and the development of treatments derived from its patented cannabis extraction process. See a recent research report on CBD extracts derived from NCM Biotech's patented extraction process: Journal of Cannabis Research.
For more information on Puration, visit http://www.purationinc.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. These statements have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure, or prevent any disease.
Contact:
Puration, Inc.
Brian Shibley,
Market Open
PURA Stock Dividend Reveal Set For Tomorrow
July 13 2020 - 12:42PM
InvestorsHub NewsWire Print
Dallas, TX -- July 13, 2020 -- InvestorsHub NewsWire -- Puration, Inc. (USOTC: PURA) today confirmed an anticipated announcement set for release tomorrow, July 14, 2020, to reveal details regarding a planned dividend distribution of stock to PURA shareholders.
The release anticipated tomorrow will provide details regarding the management buyout of a separate public company that will in turn purchase PURA’s cannabis cultivation spinoff in exchange for common stock. The management buyout agreement has already been executed by all parties. The purchase is scheduled to be funded today, Monday, July 13, 2020. The management/owner team plans to make a formal announcement tomorrow, on Tuesday, July 14, 2020.
The common stock issued in exchange for the PURA spinoff is intended to be issued to PURA shareholders in a dividend distribution.
NCM Biotech, a subsidiary of Kali-Extracts (USOTC: KALY) will also be acquired and merged with PURA’s cannabis spinoff.
The management team purchasing control of the target public company is expected to confirm the planned acquisitions of PURA’s cannabis cultivation company and KALY’s NCM Biotech in the announcement scheduled for Tuesday, July 14, 2020.
PURA’s cannabis cultivation operation is thriving. The operation has recently purchased and relocated to a new property from its former leased property. Texas lawmakers have recently implemented hemp friendly farming regulations and in so doing, universities within the State of Texas have initiated hemp farming research programs. PURA’s cannabis cultivation spinoff has initiated a number of joint research applications with Texas universities.
NCM Biotech is focused on medical research and the development of treatments derived from its patented cannabis extraction process. See a recent research report on CBD extracts derived from NCM Biotech's patented extraction process: Journal of Cannabis Research.
For more information on Puration, visit http://www.purationinc.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. These statements have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure, or prevent any disease.
Contact:
Puration, Inc.
Brian Shibley
YouTube:ALYI
ALYI Electric Vehicle Strategy Stands Out Among Industry Contenders
11:41 AM ET 7/13/20 | Dow Jones
Dallas, Texas--(Newsfile Corp. - July 13, 2020) - Alternet Systems, Inc. (OTC Pink: ALYI) is an innovative electric vehicle company with a differentiated focused on the African market. ALYI CEO, Dr. Randell Torno, contends that the immediate opportunity for electric powered transportation growth in Africa by far exceeds the electric powered transportation opportunity anywhere else in the world and that the electric mobility technology innovations that will be developed for Africa will ultimately form the foundation of commercial electric powered transportation everywhere. In short, Africa is the global proving ground for electric powered transportation.
ALYI recently announced initiating a design and engineering phase of a development to construct facilities covering approximately 100 acres that will be required to host the intended anchor event at the company's annual electric mobility conference and symposium in Africa. The company recently announced a $2.5 million investment deal intended to fund this first phase of the development. The $2.5 million is an advance on a $25 million investment currently committed under a letter of intent. Tomorrow, on Tuesday, July 14, management plans to publish more details on the 100-acre development.
For more information and to stay up to date on the latest developments, please visit: http://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
info@lithiumip.com
+1-800-713-0297
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/59643
> Dow Jones Newswires
July 13, 2020 11:41 ET (15:41 GMT)
No, NOUV shares...
I already have several million shares...I just want our shares to transfer with the move...Simple as that...
I added a million shares to let them go around .05 or .06...That would be fine with me...
This is all fine and dandy as long as our shares are included in the transfer...That is the biggest question...Everyone stands to gain here, but we also stand to lose everything here...