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THE SECOND PARAGRAPH CONCERNS NOUV...
ALYI Bouncing On Volume Looking Ready To Run After Recent Neary 300% Gain And 50% Pullback
New York, NY -- September 24, 2019 -- InvestorsHub NewsWire -- via www.nextbigticker.com -- Alternet Systems (USOTC: ALYI) recent is bouncing today after a recent run from $0.005 to $0.013 followed by a pullback. Now the stock looks ready to run again. Volume is up over 20 million shares for the day so far and the PPS is testing $0.01 again. Trading is signaling BULLISH. The 52-week high is nearly $0.07 and the company has a recent Research Analyst Report recommending $0.09.
ALYI recently confirmed plans to extend its $300 million electric motorcycle manufacturing initiative in Africa with the subsequent production of electric delivery vehicles. ALYI recently announced a partnership with Nouveau (USOTC: NOUV) to develop a prototype car body material from hemp fiber. ALYI’s electric delivery vehicle plans call for a vehicle produced from hemp fiber utilizing a hemp battery. NOUV is a new hemp cultivation company with a strategic focus on developing innovative industrial uses for hemp. NOUV is already working with ALYI to provide material for ALYI’s hemp battery developments. NOUV also works with Kali-Extracts (USOTC: KALY) toward the development of proprietary cultivars.
Today ALYI highlighted Amazon’s (AMZN) recent order of 100,000 electric delivery vans. ALYI had previously launched its own initiative to build electric delivery vans constructed from hemp fiber prior to Amazon’s recent announcement. ALYI management considers Amazon’s electric delivery van direction a validation of ALYI’s strategy. The difference being that ALYI’s electric delivery van is being developed for the rugged, rural delivery environment in Africa.
ALYI Speculative Buy Recommendation and $0.09 Price Target
Goldman Small Cap Research recently interviewed ALYI CEO Randell Torno with the CEO of the Africa Development Organization, Libasse Diop Dia. ALYI’s $300 million electric vehicle (EV) initiative in Africa is higlighted in the podcast. The podcast interview of the two CEOs can be found on the Goldman Small Cap Research website with an updated Analyst Research Report reiterating Goldman’s previous investment recommendations for ALYI.
Podcast Interview Takeaway: ALYI Offers Even Greater Upside than Originally Anticipated
DISCLAIMER: NextBigTicker.com (NBT)is a third party publisher and news dissemination service provider. NBT is NOT affiliated in any manner with any company mentioned herein. NBT is news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. NBT's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release or opinion of the writer. NBT is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. NBT has not been compensated for this release and HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.
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.
Source: www.nextbigticker.com
It's like ALYI & PURA, with their PR's, are laying the groundwork for NOUV to start coming out from the shadows...Now, if only the Whitehouse will do their part and sign-off on the USDA's rules & regulations...
AGAIN, A MENTION OF NOUV...
ALYI – Alternet Systems Hemp Electric Delivery Vehicle Validated By Amazon Commitment To Electric Delivery Vehicles
DALLAS, TX -- September 24, 2019 -- InvestorsHub NewsWire -- Alternet Systems, Inc. (USOTC: ALYI) (“ALYI”) today highlighted Amazon’s recent order of 100,000 electric delivery vans. CEO Jeff Bezos has publicly announced a commitment Amazon’s delivery fleet running entirely on renewable energy. ALYI had launched a comprehensive electric vehicle initiative that includes electric delivery vans constructed from hemp fiber prior to Amazon’s recent announcement. ALYI management considers Amazon’s electric delivery van direction a strong validation of ALYI’s strategy. The difference between Amazon’s electric delivery van and ALYI’s is that the ALYI electric delivery van is being developed for the rugged, rural delivery environment in Africa.
Jeff Bezos, founder and chief executive officer of Amazon.com Inc., speaks at the National Press Club in Washington, D.C., on Thursday, Sept. 19, 2019.
Andrew Harrer | Bloomberg | Getty Images
ALYI recently announced a partnership with Nouveau (USOTC: NOUV) to develop a prototype car body material from hemp fiber. ALYI recently confirmed plans to extend its current electric motorcycle manufacturing initiative in Africa - targeting an overall $300 million project opportunity - with the subsequent production of electric delivery vehicles. ALYI’s electric delivery vehicle plans call for a vehicle produced from hemp fiber utilizing a hemp battery. NOUV is a new hemp cultivation company with a strategic focus on developing innovative industrial uses for hemp. NOUV is already working with ALYI to provide material for ALYI’s hemp battery developments. NOUV also works with Kali-Extracts (USOTC: KALY) toward the development of proprietary cultivars. NOUV is a spinoff from Puration, Inc. (USOTC: PURA).
ALYI CEO And Africa Development Organization CEO On African Industrialization
Goldman Small Cap Research recently published a podcast interview of ALYI CEO Randell Torno with the CEO of the Africa Development Organization, Libasse Diop Dia. The podcast interview is hosted by Senior Research Analyst Rob Goldman of Goldman Small Cap Research. The two CEO’s discuss the industrialization Africa with a focus on the development of clean, sustainable energy. ALYI’s $300 million electric vehicle (EV) initiative in Africa is featured in the podcast. ALYI’s ongoing hemp supercapacitor initiative is also underlined in the conversation between the two CEO’s as a promising clean energy solution in Africa. Mr. Torno goes on in the interview to discuss the need in Africa for delivery vehicles and a plan to fulfill such a need with electric vehicles.
ALYI Speculative Buy Recommendation and $0.09 Price Target
The podcast interview of the two CEOs can be found on the Goldman Small Cap Research website with an updated Analyst Research Report reiterating Goldman’s previous investment recommendations for ALYI.
Podcast Interview Takeaway: ALYI Offers Even Greater Upside than Originally Anticipated
Alternet Systems, Inc. is today overall focused on offering varied, environmentally sustainable, energy storage solutions for targeted markets, including consumer electric vehicles and military applications.
For more information, 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
Nouveau Life Pharmaceuticals, Inc. (PN) (USOTC:NOUV)
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POLITICS21 State Attorneys General Urge Congress Protect State Marijuana Programs From Federal InterferencePublished 19 hours ago on September 23, 2019By Kyle Jaeger
SHARETWEET
The attorneys general of 21 states sent a letter to congressional leaders on Monday, voicing support for a bipartisan bill that would shield state-legal marijuana programs from federal interference.
Led by Washington, D.C. Attorney General Karl Racine, along with the top law enforcement officials in New York and Nevada, the letter emphasizes that the Strengthening the Tenth Amendment Through Entrusting States (STATES) Act would enable cannabis businesses to access financial services, increasing transparency and mitigating risks associated with operating on a largely cash-only basis.
Passing the STATES Act would “lift the cloud of regulatory uncertainty that hangs over legitimate businesses operating in most states in the union and in several territories” and, thereby, “reduce the industry’s reliance on cash, bring greater clarity to the industry, prevent crime by limiting opportunities for potentially violent robberies and thefts, and ensure that each state has the freedom to determine policy in this area,” the state officials wrote.
AG Karl A. Racine
?
@AGKarlRacine
· 19h
Today I'm leading a bipartisan group of 21 AGs in support of the #STATESAct which would allow legal #cannabis businesses access to the US banking system, provide long-overdue transparency & accountability, and deter crimes like robbery & money laundering: http://bit.ly/2l4skpq
AG Karl A. Racine
?
@AGKarlRacine
Current federal law prevents banks from providing services legal #cannabis businesses—an industry expected to generate revenue between $50-$80 billion over the next 10 years.
Forcing these businesses to operate only in cash leaves communities vulnerable to violence and crime.
2
1:27 PM - Sep 23, 2019
Twitter Ads info and privacy
See AG Karl A. Racine's other Tweets
Attorneys general from Alaska, California, Colorado, Connecticut, Illinois, Iowa, Kentucky, Maine, Maryland, Massachusetts, Michigan, Minnesota, New Mexico, Oregon, Pennsylvania, Rhode Island, Vermont and Washington also signed the letter.
“Forcing legal cannabis businesses to operate only in cash leaves communities vulnerable to violence and crime,” Racine said in a press release. “Our bipartisan coalition is urging Congress to pass the STATES Act because it would allow those in the legal cannabis industry to access the U.S. banking system, provide long-overdue transparency and accountability, and deter criminal activity like robbery and money laundering.”
New York Attorney General Letitia James said that “as the marketplace for legal cannabis-related business evolves, federal regulations governing the banking system must keep pace.”
“It’s not only commonsense to fold a growing multi-billion-dollar industry under the regulated banking sector, but it’s also a matter of public safety. With such widespread, bipartisan support, there is no reason this bill shouldn’t pass without delay,” she said.
In a tweet, Nevada Attorney General Aaron Ford said that “each state knows its industry and needs best, and that’s why we’re urging Congress to pass legislation that will allow NV and other states to determine the best approach for regulating cannabis.”
Aaron D. Ford
?
@AaronDFordNV
Each state knows its industry and needs best, and that's why we're urging Congress to pass legislation that will allow NV and other states to determine the best approach for regulating cannabis.
Learn more @KTVN https://www.ktvn.com/story/41087456/nevada-attorney-general-leads-coalition-urging-congress-to-pass-cannabis-banking-bill …
Nevada Attorney General Leads Coalition Urging Congress to Pass Cannabis Banking Bill
On Monday, Nevada Attorney General Aaron D. Ford led a bipartisan coalition of 21 attorneys general urging Congress to pass the 'Strengthening Tenth Amendment Through Entrusting States (STATES) Act.
ktvn.com
14
3:55 PM - Sep 23, 2019
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See Aaron D. Ford's other Tweets
California Attorney General Becerra said in a press release that “it’s time for our federal laws relating to cannabis to enter the 21st century.”
“A large majority of states have now legalized the use of marijuana in some form. But federal inaction has accelerated concerns about public safety, uncertainty and disruptions to licensed businesses, and ultimately the respect for states’ rights,” he said. “The STATES Act is a promising step in the right direction that would safeguard licensed businesses that play by the rules in what has become a more than $8 billion industry.”
Despite the focus on banking in the letter, the intent of the STATES Act isn’t exclusively about providing marijuana businesses with access to financial services. That represents one potential benefit for the industry, but the bill is generally about offering states broader protections so they can establish their own cannabis systems without fear of reprisal from the Justice Department.
A separate piece of legislation—the Secure and Fair Enforcement (SAFE) Banking Act—is narrowly tailored to freeing up banks to work with marijuana firms. Racine and 37 other attorneys general wrote a letter supporting that bill in May, and it is now heading to the House floor for a vote on Wednesday.
“Ultimately, legislation like the proposed STATES Act recognizes the reality on the ground: across the country, state governments, America’s ‘laboratories of democracy,’ have been working toward those cannabis policies that work best for them,” the new letter states. “Against this backdrop, the [Controlled Substance Act’s] outdated restrictions imperil states’ rights, and in the process, impose serious regulatory and public safety consequences.”
“As law enforcement officers and as lawyers representing our states and territories, we believe the time has come to do better. We urge the adoption of legislation like the proposed STATES Act,” the officials said.
Read the full STATES Act letter from attorneys general below:
States Act Letter by Marijuana Moment on Scribd
Good stuff...
Wink....
I believe I covered all three in what I wrote...
I don't think NOUV will do much until the USDA's plan is okayed by the Whitehouse, and the harvesting is finished in New York...I'm figuring the middle to the end of October is when they'll start to open up about themselves...With the USDA's plan approved, the TDA can send its rules and regulations to the USDA for approval...Once the TDA's plan is approved, NOUV can get their Hemp license from the State of Texas and begin operations there...Also, don't forget about the operation going on in Canada...I'm in no rush if it means they get things right...Of course, with all this said, they'll probably begin to open up about themselves tomorrow... LOL
ALYI News: ALYI - Alternet Systems Announces Hemp Car Body Development Initiative
DALLAS, TX -- September 19, 2019 -- InvestorsHub NewsWire -- Alternet Systems, Inc. (USOTC: ALYI) (“ALYI”) today announced a partnership with Nouveau (USOTC: NOUV) to develop a prototype car body material from hemp fiber. ALYI recently confirmed plans to extend its current electric motorcycle manufacturing initiative in Africa - targeting an overall $300 million project opportunity - with the subsequent production of electric delivery vehicles. ALYI’s electric delivery vehicle plans call for a vehicle produced from hemp fiber utilizing a hemp battery. NOUV is a new hemp cultivation company with a strategic focus on developing innovative industrial uses for hemp. NOUV is already working with ALYI to provide material for ALYI’s hemp battery developments. NOUV also works with Kali-Extracts (USOTC: KALY) toward the development of proprietary
cultivars.
ALYI CEO And Africa Development Organization CEO On African Industrialization
Goldman Small Cap Research recently published a podcast interview of ALYI CEO Randell Torno with the CEO of the Africa Development Organization, Libasse Diop Dia. The podcast interview is hosted by Senior Research Analyst Rob Goldman of Goldman Small Cap Research. The two CEO’s discuss the industrialization Africa with a focus on the development of clean, sustainable energy. ALYI’s $300 million electric vehicle (EV) initiative in Africa is featured in the podcast. ALYI’s ongoing hemp supercapacitor initiative is also underlined in the conversation between the two CEO’s as a promising clean energy solution in Africa. Mr. Torno goes on in the interview to discuss the need in Africa for delivery vehicles and a plan to fulfill such a need with electric vehicles.
ALYI Speculative Buy Recommendation and $0.09 Price Target
The podcast interview of the two CEOs can be found on the Goldman Small Cap Research website with an updated Analyst Research Report reiterating Goldman’s previous Speculative Buy Recommendation and $0.09 Price Target.
Podcast Interview Takeaway: ALYI Offers Even Greater Upside than Originally Anticipated
Alternet Systems, Inc. is today overall focused on offering varied, environmentally sustainable, energy storage solutions for targeted markets, including consumer electric vehicles and military applications.
For more information, 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
McConnell Measure Tells FDA to Create Guidance on CBD
Claire Hansen • Sept. 17, 2019, at 2:27 p.m.
Senate Majority Leader Mitch McConnell is seeking to compel the Food and Drug Administration to issue a temporary guidance on how strictly it will enforce rules on the sale of products containing hemp-derived CBD while the agency weighs how to regulate CBD products in the long term.
McConnell has proposed language to insert in the Senate appropriations bill that would do just that and would also require the FDA to inform Congress of its progress in crafting the "enforcement discretion" policy.
[ MORE: Navy Tells Sailors Hemp, CBD Products Off Limits, Despite Law ]
The move signals that the top congressional Republican is eager for the FDA to finalize rules surrounding CBD, which could allow products containing the compound to be widely marketed and sold without onerous restrictions.
McConnell, a Kentucky Republican, has been a vigorous supporter of hemp, a type of cannabis that contains extremely low levels of THC, the compound found in marijuana that produces a "high."
Hemp was legalized at the federal level late last year with the passage of the 2018 Farm Bill, making its derivatives – like the compound cannabidiol, often called CBD – legal as well. Products containing CBD have exploded across the consumer market with proponents claiming that the compound can ease anxiety, aid sleep, relieve pain and have other positive health effects.
The FDA is currently considering how to regulate products containing CBD and if it will treat CBD like a dietary supplement, akin to Vitamin C or fish oil.
The agency currently prohibits the addition of CBD to food or drinks marketed beyond just one state and has not outlined any other regulations for the compound, making both state governments and financial institutions unclear on how exactly to deal with CBD and the companies that sell it.
Under the amendment that McConnell has proposed, the FDA would have to report to Congress within 90 days detailing its efforts to create an enforcement discretion policy and implement such a policy within 120 days. The policy would then be in effect until the FDA creates long-term regulations governing CBD. The amendment's creation was first reported by Marijuana Moment.
The language will be marked up in the Senate Appropriations Subcommittee on Agriculture Tuesday and then go before the full Appropriations Committee later in the week.
McConnell consulted the U.S. Hemp Roundtable, a hemp trade organization, when crafting the language, the organization said.
"In the short run, the McConnell language would help lift the current regulatory cloud that's been discouraging financial institutions to work with CBD companies, and that's encouraged some local government officials to suggest that CBD is illegal in their state," U.S. Hemp Roundtable said in a statement. "In the long run, it would set forward a fair and expeditious path for hemp CBD products to be formally recognized as safe and legal as a matter of federal law."
The House, which has approved a separate appropriations bill, included an amendment that would require the FDA to create rules allowing CBD to be marketed in food and as a dietary supplement.
McConnell Measure Tells FDA to Create Guidance on CBD
Claire Hansen • Sept. 17, 2019, at 2:27 p.m.
Senate Majority Leader Mitch McConnell is seeking to compel the Food and Drug Administration to issue a temporary guidance on how strictly it will enforce rules on the sale of products containing hemp-derived CBD while the agency weighs how to regulate CBD products in the long term.
McConnell has proposed language to insert in the Senate appropriations bill that would do just that and would also require the FDA to inform Congress of its progress in crafting the "enforcement discretion" policy.
[ MORE: Navy Tells Sailors Hemp, CBD Products Off Limits, Despite Law ]
The move signals that the top congressional Republican is eager for the FDA to finalize rules surrounding CBD, which could allow products containing the compound to be widely marketed and sold without onerous restrictions.
McConnell, a Kentucky Republican, has been a vigorous supporter of hemp, a type of cannabis that contains extremely low levels of THC, the compound found in marijuana that produces a "high."
Hemp was legalized at the federal level late last year with the passage of the 2018 Farm Bill, making its derivatives – like the compound cannabidiol, often called CBD – legal as well. Products containing CBD have exploded across the consumer market with proponents claiming that the compound can ease anxiety, aid sleep, relieve pain and have other positive health effects.
The FDA is currently considering how to regulate products containing CBD and if it will treat CBD like a dietary supplement, akin to Vitamin C or fish oil.
The agency currently prohibits the addition of CBD to food or drinks marketed beyond just one state and has not outlined any other regulations for the compound, making both state governments and financial institutions unclear on how exactly to deal with CBD and the companies that sell it.
Under the amendment that McConnell has proposed, the FDA would have to report to Congress within 90 days detailing its efforts to create an enforcement discretion policy and implement such a policy within 120 days. The policy would then be in effect until the FDA creates long-term regulations governing CBD. The amendment's creation was first reported by Marijuana Moment.
The language will be marked up in the Senate Appropriations Subcommittee on Agriculture Tuesday and then go before the full Appropriations Committee later in the week.
McConnell consulted the U.S. Hemp Roundtable, a hemp trade organization, when crafting the language, the organization said.
"In the short run, the McConnell language would help lift the current regulatory cloud that's been discouraging financial institutions to work with CBD companies, and that's encouraged some local government officials to suggest that CBD is illegal in their state," U.S. Hemp Roundtable said in a statement. "In the long run, it would set forward a fair and expeditious path for hemp CBD products to be formally recognized as safe and legal as a matter of federal law."
The House, which has approved a separate appropriations bill, included an amendment that would require the FDA to create rules allowing CBD to be marketed in food and as a dietary supplement.
McConnell Measure Tells FDA to Create Guidance on CBD
Claire Hansen • Sept. 17, 2019, at 2:27 p.m.
Senate Majority Leader Mitch McConnell is seeking to compel the Food and Drug Administration to issue a temporary guidance on how strictly it will enforce rules on the sale of products containing hemp-derived CBD while the agency weighs how to regulate CBD products in the long term.
McConnell has proposed language to insert in the Senate appropriations bill that would do just that and would also require the FDA to inform Congress of its progress in crafting the "enforcement discretion" policy.
[ MORE: Navy Tells Sailors Hemp, CBD Products Off Limits, Despite Law ]
The move signals that the top congressional Republican is eager for the FDA to finalize rules surrounding CBD, which could allow products containing the compound to be widely marketed and sold without onerous restrictions.
McConnell, a Kentucky Republican, has been a vigorous supporter of hemp, a type of cannabis that contains extremely low levels of THC, the compound found in marijuana that produces a "high."
Hemp was legalized at the federal level late last year with the passage of the 2018 Farm Bill, making its derivatives – like the compound cannabidiol, often called CBD – legal as well. Products containing CBD have exploded across the consumer market with proponents claiming that the compound can ease anxiety, aid sleep, relieve pain and have other positive health effects.
The FDA is currently considering how to regulate products containing CBD and if it will treat CBD like a dietary supplement, akin to Vitamin C or fish oil.
The agency currently prohibits the addition of CBD to food or drinks marketed beyond just one state and has not outlined any other regulations for the compound, making both state governments and financial institutions unclear on how exactly to deal with CBD and the companies that sell it.
Under the amendment that McConnell has proposed, the FDA would have to report to Congress within 90 days detailing its efforts to create an enforcement discretion policy and implement such a policy within 120 days. The policy would then be in effect until the FDA creates long-term regulations governing CBD. The amendment's creation was first reported by Marijuana Moment.
The language will be marked up in the Senate Appropriations Subcommittee on Agriculture Tuesday and then go before the full Appropriations Committee later in the week.
McConnell consulted the U.S. Hemp Roundtable, a hemp trade organization, when crafting the language, the organization said.
"In the short run, the McConnell language would help lift the current regulatory cloud that's been discouraging financial institutions to work with CBD companies, and that's encouraged some local government officials to suggest that CBD is illegal in their state," U.S. Hemp Roundtable said in a statement. "In the long run, it would set forward a fair and expeditious path for hemp CBD products to be formally recognized as safe and legal as a matter of federal law."
The House, which has approved a separate appropriations bill, included an amendment that would require the FDA to create rules allowing CBD to be marketed in food and as a dietary supplement.
ALYI – Alternet Systems Confirms Electric Motorcycle Fleet Order In Texas
GlobeNewswireSeptember 16, 2019, 3:40 PM UTC
DALLAS, Sept. 16, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Alternet Systems, Inc. (ALYI) today confirmed a fleet order for an initial 50 electric motorcycles to be delivered in Texas. Amid the recent attention garnered by ALYI for its electric vehicle imitative in Africa where the company continues to develop $300 million in electric vehicle projects, management today reiterates that the company continues to advance similar electric vehicle projects in the United States. Earlier this year the company confirmed it had met a major eclectic motorcycle pilot testing milestone requirement of an overall contract to deliver an initial 50 electric motorcycles in Texas. The contract remains on track. The production version of the original pilot electric motorcycle is anticipated to soon be completed. Management plans to produce and publish a short video of the production electric motorcycles once the production version is finalized.
ALYI CEO Podcast Interview And Analyst Research Report
The company recently an announce a Research Analyst Report update published by Goldman Small Cap Research in conjunction with a podcast interview of CEO Randell Torno with the CEO of the Africa Development Organization, Libasse Diop Dia. Hosted by Goldman, the two CEOs discuss the industrialization of Africa with a focus on the development of clean, sustainable energy. ALYI’s $300 million electric vehicle (EV) initiative in Africa is featured.
Podcast Interview Takeaway: ALYI Offers Even Greater Upside than Originally Anticipated
Alternet Systems, Inc. is today overall focused on offering varied, environmentally sustainable, energy storage solutions for targeted markets, including consumer electric vehicles and military applications.
To listen to the Podcast and view the ALYI Research Report Update, please visit: https://www.goldmanresearch.com/201909101250/Opportunity-Research/new-ceo-podcast-interview.html
For more information, 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
Since when has NOUV put out a PR...PR's are put out from other places with their name in them, but never put out by them...I think they'll put out PR's when things get rolling with this company...At that point they'll come...And at that point we'll see what this stock can do...
I'll hold, my wife is the emotional one, not me...As for betting my life, nothing is worth betting my life on, I enjoy it way too much...I'm comfortable with my decision on this stock...Thanks for the tip on the $10.00 potential...
So you're saying ALYI could end up reaching $10.00 a share...Thanks for the info, I'm for-sure holding onto this stock...
Sources: USDA hemp rules drafted and awaiting White House approval
Published 3 mins ago | By Laura Drotleff
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Federal agriculture authorities have submitted hemp rules to the White House for final approval, meaning that public release of the first-ever national rules for growing the crop is nearing, Hemp Industry Daily has learned.
The hemp industry is eagerly – and anxiously – awaiting the U.S. Department of Agriculture’s federal regulations on hemp production. Those rules have been promised by the 2020 growing season.
According to Washington, D.C.-based cannabis attorney Jonathan Havens and the National Hemp Association, the USDA has completed the rules and submitted them for review to the White House Office of Budget and Management, which reviews all regulations adopted and implemented by a presidential administration.
This means once approved, the USDA regulations will likely be released within a matter of weeks.
“Obviously, this is later than USDA’s August publication goal,” Havens told Hemp Industry Daily.
The USDA’s Agricultural Marketing Service, which spearheaded drafting federal hemp production regulations, said in June the agency would release the federal regulations on Aug. 1.
But William Richmond, head of the Specialty Crops Program in the USDA’s Agricultural Marketing Service, said last month the regulations have been delayed in large part because the agency was grappling with the Farm Bill‘s requirement for a national THC testing protocol “using post-decarboxylation or other similarly reliable methods.”
“While USDA struggling with this is somewhat understandable, the agency’s delay only exacerbates the state and local law patchwork problem that currently exists,” Havens said.
Earlier this week, USDA Undersecretary Greg Ibach told the National Farmers Union drawing up hemp rules have been “complicated” but the agency is “committed to having a rule out” soon.
He joked that hemp is “the only thing that anybody really wants to know about when I go anywhere” in remarks reported by IEG Policy, an agribusiness news site.
Once released, the USDA regulations will be temporary for the first year, said Geoff Whaling, chairman of the National Hemp Association.
“(This will) allow the states to not only participate for the 2020 grow season (and) allow all stakeholders the opportunity to begin to implement the regulations and identify areas that may need small fixes,” Whaling told Hemp Industry Daily in an email.
“This is a sound process, for if USDA issued permanent regulations, they will be much more difficult to amend or fix without a lengthy process.”
The Farm Bill calls for federal authorities to allow states to set their own rules for hemp production, as long as certain criteria are met. But the states will have to get USDA approval first, a step that won’t happen until after the national guidelines are released.
Laura Drotleff can be reached at laurad@hempindustrydaily.com.
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I'm in no rush...0.0004, last I checked...
FINALLY...THE FIRST DOMINO DROPS...
Sources: USDA hemp rules drafted and awaiting White House approval
Published 3 mins ago | By Laura Drotleff
Share
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Reddit
Mail
Federal agriculture authorities have submitted hemp rules to the White House for final approval, meaning that public release of the first-ever national rules for growing the crop is nearing, Hemp Industry Daily has learned.
The hemp industry is eagerly – and anxiously – awaiting the U.S. Department of Agriculture’s federal regulations on hemp production. Those rules have been promised by the 2020 growing season.
According to Washington, D.C.-based cannabis attorney Jonathan Havens and the National Hemp Association, the USDA has completed the rules and submitted them for review to the White House Office of Budget and Management, which reviews all regulations adopted and implemented by a presidential administration.
This means once approved, the USDA regulations will likely be released within a matter of weeks.
“Obviously, this is later than USDA’s August publication goal,” Havens told Hemp Industry Daily.
The USDA’s Agricultural Marketing Service, which spearheaded drafting federal hemp production regulations, said in June the agency would release the federal regulations on Aug. 1.
But William Richmond, head of the Specialty Crops Program in the USDA’s Agricultural Marketing Service, said last month the regulations have been delayed in large part because the agency was grappling with the Farm Bill‘s requirement for a national THC testing protocol “using post-decarboxylation or other similarly reliable methods.”
“While USDA struggling with this is somewhat understandable, the agency’s delay only exacerbates the state and local law patchwork problem that currently exists,” Havens said.
Earlier this week, USDA Undersecretary Greg Ibach told the National Farmers Union drawing up hemp rules have been “complicated” but the agency is “committed to having a rule out” soon.
He joked that hemp is “the only thing that anybody really wants to know about when I go anywhere” in remarks reported by IEG Policy, an agribusiness news site.
Once released, the USDA regulations will be temporary for the first year, said Geoff Whaling, chairman of the National Hemp Association.
“(This will) allow the states to not only participate for the 2020 grow season (and) allow all stakeholders the opportunity to begin to implement the regulations and identify areas that may need small fixes,” Whaling told Hemp Industry Daily in an email.
“This is a sound process, for if USDA issued permanent regulations, they will be much more difficult to amend or fix without a lengthy process.”
The Farm Bill calls for federal authorities to allow states to set their own rules for hemp production, as long as certain criteria are met. But the states will have to get USDA approval first, a step that won’t happen until after the national guidelines are released.
Laura Drotleff can be reached at laurad@hempindustrydaily.com.
*Hundred...
An acre of hemp is worth $60,000...If ALYI has a few huderd acres of hemp ready for harvest they would bring in a cool $18,000,000...I would imagine with that kind of money they honestly wouldn't even need an investor...
THIS REALLY ISN'T SUCH A CRAZY IDEA...IT WAS DONE MANY YEARS AGO...SUCCESSFULLY...
http://cannabischapellv.com/henry-fords-hemp-fueled-car
Well, the guy that was sitting next to Randell Torno during the Podcast today is real enough...CEO of the, African Development Organization, Libasse Diop Dia...Perhaps this is a lot more real than the bashers on here are trying to lead people to believe...
Libasse Diop Dia
Chief Executive Officer
Role: Libasse is responsible for providing strategic leadership for the company by working with the Board and other management to establish long-range goals, strategies, plans and policies.
The Africa Development Organization (ADO) has committed, as the major driving force for its existence, to conduct diligent and equitable life altering business in all of Africa toward the benefit of the citizens of the great continent of Africa. It is of paramount importance to our business that we exercise continual success and cause positive impact on its people. In advancing our commitment, excellent leadership within the organization is essential to effectively work with various Governments, Presidents, Ministers, Mayors, and Community Leaders throughout the African continent.
Libasse was born and raised in Dakar, Senegal. Growing up in an environment in his native Africa where he developed a strong love for his county through interactions with family, friends and classmates. His grandfather, who was a Territorial Law Enforcement Officer, played a pivotal role in molding his desire to achieve. His passion for his county, to be better, led him to seek continual personal growth for himself in the United States of America. In the United Stated he continued to train, learn, and become experienced in a wealth of business environments. His eye has always been toward an opportunity to return and do great things to help the motherland of Africa.
Libasse has a Bachelor of Science Degree in Computer Science and a Master Degree in Applied Computer Science. He holds a highly coveted Wireshark Certified Network Analyst Certificate (WCNA) from the International Academy of Science. Libasse has been inducted into the prestigious International Marine Foundation by Wiki-Nations Inc. of Geneva Switzerland as a “Charts of Spheres Leadership” & founding father. He has extensive experience in project management with an enhanced focus specialization in projects related to the Financial Trading Floor, Banking and International Banking, Infrastructure Development and Technology.
Libasse is a member of the International Organization of the Data Processing Associates (BDPA) and has carved a unique niche for providing global clients with exclusive project management, distinctive financing and acquisition services in several African countries. Libasse possesses diplomacy and communication skills that have successfully steered progressive interactions with several African dignitaries. Knowledgeable about the socioeconomic trends, to political environments, he has co-opted the developed several renewable energy projects in Senegal waiting for implementation.
Libasse Diop Dia worked for 15 years in Banking. He worked with giants of the global financial markets such as Goldman Sachs, The Royal Bank of Scotland and Citi Financial. He has worked in managing Executive Technology, as a Trading Floor Engineer and as an International Banking Engineer.
Libasse has an unwavering commitment to helping ADO to become prolific in its efforts to bring about nation altering, positive change within the continent of Africa. He oversees all matters of operational effects within the company and ensures the successful continuity of Organization interests and projects. He functions expertly in securing complete funding for major projects, developing and managing complex budgets, reviewing resource allocations and schedules. He is strengthened as a Leader through his comprehensive professional network.
HONESTLY, I THINK IT SHOULD BE HIGHER THAN $0.09...
Date: September 10, 2019
ALYI Announces $0.09 Speculative Buy Price Target After Podcast Interviewing CEO with CEO of the Africa Development Organization
Symbol: ALYI
Alternet Systems Announces $0.09 Speculative Buy Price Target After Podcast Interview of Alternet CEO with CEO of the Africa Development Organization
DALLAS, TX -- September 10, 2019 -- InvestorsHub NewsWire -- Alternet Systems, Inc. (USOTC: ALYI) (“ALYI”) today announced a podcast interview of CEO Randell Torno with the CEO of the Africa Development Organization, Libasse Diop Dia. The interview is conducted by Senior Research Analyst Rob Goldman of Goldman Small Cap Research. Hosted by Goldman, the two CEOs discuss the industrialization of Africa with a focus on the development of clean, sustainable energy. ALYI’s $300 million electric vehicle (EV) initiative in Africa is featured. The podcast is available on the Goldman Small Cap Research website and has been published in conjunction with an analyst report update on ALYI reiterating Goldman’s Speculative Buy Recommendation and $0.09 Price Target. ALYI closed yesterday $0.0073.
ALYI is currently advancing a project in Africa to assemble and sell electric motorcycles in Africa and later assemble and sell a more comprehensive line of electric vehicles. The project includes an initial $20 million order and the potential to sign a related electric vehicle project that could generate $30 million per year for a duration of six to ten years for a potential total of $300 million over 10 years. ALYI recently published a management update with more details on the company’s electric vehicle initiative in Africa.
Alternet Systems, Inc. is today overall focused on offering varied, environmentally sustainable, energy storage solutions for targeted markets, including consumer electric vehicles and military applications.
To listen to the Podcast and view the ALYI Research Report Update, please visit: https://www.goldmanresearch.com/201909101250/Opportunity-Research/new-ceo-podcast-interview.html
For more information, 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
POLITICSAmerican Bankers Association Predicts Marijuana Banking Bill Will Pass By Next MonthPublished 13 hours ago on September 9, 2019By Kyle Jaeger
SHARETWEET
The head of the American Bankers Association (ABA) is predicting that the House of Representatives will pass legislation allowing banks to service state-legal marijuana businesses as early as this month and no later than October.
In an interview on the podcast Engage with Andy Busch that was released on Friday, ABA CEO Rob Nichols said that his group will be actively lobbying for the bipartisan cannabis banking bill in order to provide clarity to financial institutions that currently worry that taking on marijuana-related clients will put them at risk of federal penalization.
He emphasized the bipartisan nature of the Secure and Fair Enforcement (SAFE) Banking Act, which currently has 206 cosponsors in the House, including 26 Republicans.
“This is legislation that already passed in the House Financial Services Committee early in this calendar year by a huge bipartisan margin, and this is something that I predict…as early as September—probably no later than than October—will pass the full House of Representatives by a bipartisan majority, which is exciting,” he said.
Nichols recognized that there is “more work to do” in the Republican-controlled Senate, but noted that there are “33 states where it is legal [for medical or recreational purposes] and so there’s a lot of senators who have been hearing from their constituents about these challenges in those particular states.”
He also pointed to comments from Treasury Secretary Steven Mnuchin calling for a legislative fix to the banking issue and said that ABA has heard from members of the federal regulatory community who’ve acknowledged “the pickle that banks are in” and that “this requires a legislative change.”
“We look forward to successful House passage of the SAFE Act,” he said, adding that bill sponsor Rep. Ed Perlmutter (D-CO) has been a particularly strong advocate for the legislation.
Listen to ABA’s predictions about marijuana banking legislation at around 10:00 into the audio below:
Hearings on the bill in the House Financial Services Committee and Senate Banking Committee so far this year demonstrate that “there’s recognition on the part of the jurisdictional legislative leadership that this is something that needs to be discussed,” Nichols said.
“We’re excited that there’s a possibility to get this done. We’ll be pushing very hard,” he said. “Again, we understand the cultural, societal and moral implications of this issue, but we need federal rule clarity so banks know who they can and cannot lend money to.”
Earlier in the interview, the ABA executive joked that he never would have envisioned himself championing any for of cannabis legislation when he started as the organization’s CEO three and a half years ago.
“I would have said, ‘I don’t think so my friend. I do not see this as my arena,’ but apparently it is,” he said.
With a majority of states having passed legalization legislation, he said marijuana banking access is “critically important” and will be “the front-and-center issue” for ABA as lawmakers return from the summer recess.
ABA has also called for federal clarification on rules about banking services for hemp and CBD businesses since the crop was federally legalized.
HARVESTING IS STARTING AROUND THE COUNTRY...
So far, so good for Alabama hemp crop as THC tests pass muster
Hemp in Cynthiana, Ky.
Brian Furnish, director of farming and global production at Ananda Hemp in Cynthiana, Ky., examines a pile of ground hemp leaves and buds.(Alex Slitz / For The Times)
By ASSOCIATED PRESS
SEP. 7, 2019
4:22 PM
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BIRMINGHAM, Ala. — Samples of Alabama’s hemp crop are in line with state law, so far.
State inspectors have taken samples from hemp growers producing their first crops of the plant.
Alabama Agriculture Commissioner Rick Pate said that samples from 45 licensed growers have all tested below the 0.3% level for THC, the psychoactive compound in marijuana. That’s the level required by state law.
The news comes as a relief for some growers, who had expressed concern that their entire hemp crop could be destroyed if some of their plants tested above the legal limit, Al.com reported.
Alabama growers are farming hemp for CBD oil, or cannabidiol, which is used for medicinal purposes and is now widely legal.
Across the state, dozens of licensed farmers this spring planted Alabama’s first legal hemp crop since 1937.
David Johnson, owner of Bama Green in Cherokee County, said he’s growing 1,000 hemp plants. About half of them are in pots in a greenhouse, with the others planted in the ground outdoors.
“We’re in the greenhouse business,” Johnson said. “We’ve been doing poinsettias since 1983. I have no experience on this. We’re kind of experimenting.”
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Johnson said his hemp has done well, and he’s used many of his techniques for growing flowers.
About five producers, mostly in south Alabama, have already harvested hemp, Pate said. Now it will be sent to a processor to be turned into CBD oil. Some of the farmers plan to use Alabama processors, while others are sending their hemp out of state for processing, he said.
In Madison County, trespassers went into a hemp field, mistaking the plants for marijuana and tampering with them.
“They’re going in thinking it’s something it’s not,” Pate said.
Pate has repeatedly emphasized that anyone trying to smoke hemp will just get sick, not high.
WORLD & NATION
Associated Press
I think they are waiting on the USDA before they come out with anything publicly...The USDA is the first Domino they need to fall...
I'm in deep too, but I feel good about this stock...So I'm alright with waiting it out...If we're right it'll be worth the wait...It's all part of the gamble...If this company was hitting on all cylinders a year ago, pretty much none of us would be here, the stock would be too expensive...So we get in on the ground floor and hope we made the right decision...In the meantime I keep my day job... LOL
Yup, pretty much how I feel...
I feel good about my shares...I'm not going to dump them because some stranger says something...For all I know they could be a telemarketer from Bangladesh... LOL
We'll see how right or wrong you are in four weeks...Good money in Hemp...
The part with NOUV is interesting...I believe it's the first time I've seen them put a solid date on anything...We'll see in four weeks...
ABOUT HALFWAY DOWN IT GETS INTERESTING FOR US..
Date: September 4, 2019
ALYI - Alternet Systems $50 Million EV Project Opportunity Could Trigger $300 Million More In Revenue Over 10 Years
Symbols: ALYI, NOUV, ANCE
ALYI – Alternet Systems $50 Million EV Project Opportunity Could Trigger $300 Million More In Revenue Over 10 Years
ALYI Hemp and Lithium Alternative Energy Strategy Summary
Hemp Energy Storage Partnership and Acquisition Pipeline Update
Existing $250,000 Annual Revenue Detailed
$50 Million Near Term Revenue Potential Featured
$300 Million 10 Year Revenue Potential Revealed
CEO Expertise As PhD In Public Policy and Political Economics Featured In Upcoming Article On Industrialization of Africa Highlighted
ANCE and NOUV Partnerships Included In Update
DALLAS, TX -- September 4, 2019 -- InvestorsHub NewsWire -- Alternet Systems, Inc. (USOTC: ALYI) (“ALYI”) today published a management update. The company recently published its year-to-date financials through Q2 2019 ending June 30th. The company has made substantial progress on its alternative energy business plan since entering the alternative energy sector when it acquired Lithium IP Holdings on July 21, 2017. The purpose of the update today is to summarize the company’s progress, highlight key milestones and feature major objectives. The management update is included below in its entirety.
ALYI Management Update
On July 21, 2017, the Company acquired Lithium IP Holdings in a transaction that included a management and business direction change. From July, 2017 forward, the company entered the alternative energy sector.
In 2017, Lithium IP Holdings exclusively licensed ten U.S. Patented lithium battery technologies with an option to acquire the ten U.S. Patents. Lithium battery technology research and development was the beginning of the company’s alternative energy strategy. The company’s strategy has expanded substantially past the ten Patents since that time. That expansion will be elaborated upon herein.
When ALYI acquired Lithium IP Holdings, Randell Torno was named the new Alternet Systems Chairman and CEO. Edward Bollen, the President of Lithium IP Holdings, also joined the Altnernet Systems management team. Randy Torno and Ed Bollen have worked together for years on multiple projects spanning across various energy niche markets with particular focus on the government sector and with expansive experience within developing economic countries. The management team is now in transition to best facilitate the company’s forward progress. Though roles are changing, Randy Torno and Ed Bollen will both remain involved with company for the foreseeable future. More on the transition will be included later in this update.
Application Integration and Corresponding R&D
ALYI’s alternative energy strategy is integration and application focused. In other words, ALYI finds existing alternative energy innovations and integrates those innovations into practical applications. The integration typically requires further research and development for the innovation. Today, ALYI concentrates on transportation applications and a variety of military applications. ALYI continues to work on its founding lithium innovations integration and ongoing research and developments, and has since added hemp supercapacitors. Last year, ALYI engaged the holder of a hemp supercapacitor patent as a consultant to kick start ALYI’s hemp alternative energy initiative and the company remains committed to developing commercial hemp energy solutions.
ALYI today has a number of application integration and corresponding research and development projects. Below are some leading highlights and anticipated next milestones:
Hemp Energy Developments and NOUV Partnership
The company’s hemp energy solution initiative is centered largely on the ongoing development of key partnerships and the acquisition of key technologies. The company has laid out a series of milestones toward the end objective of a hemp centric energy storage solution. Hemp centric energy storage requires the consolidation of several coordinating technologies. The hemp supercapacitor is only one. ALYI has endeavored to consolidate the additional coordinating technologies through partnerships and the acquisition of businesses with other coordinating technologies. The company has nominated a short list of specific hemp energy storage application candidates around one of which the company plans to forge the prospective partnerships and acquisitions. Management believes a breakthrough triggering the fruition of the partnerships and acquisitions is on the horizon. Look for news anticipated soon.
As part of its ongoing hemp energy research and development, ALYI has engaged with a cannabis cultivation company to access hemp materials. ALYI is working with the licensed hemp cultivator, Nouveau, Inc. (USOTC: NOUV). NOUV is anticipating its first U.S. hemp harvest within the next four weeks.
Military Alternative Energy Applications
A review of management’s experience reveals a robust military background. Based on that background, the company has been engaged in a long-term consulting agreement to explore defense oriented alternative energy applications. The company’s financial statements reflect a near quarter of a million dollars in annual revenue generated from the consulting agreement. Management anticipates the consulting agreement to develop into one or more specific projects to integrate alternative energy innovations into defense applications. Management further anticipates that such an integration project is soon approaching. Look for news anticipated soon.
Electric Motorcycles; Shared Rides; Africa and ANCE
ALYI continues to advance toward the fruition of an initial $20 million order for its own ReVolt Electric Motorcycle With Side Car. Earlier this year, the company signed a letter of intent (LOI) for a comprehensive project to manufacture electric motorcycles in Africa that included an initial $20 million order. ALYI, so far, has met all milestones required in the LOI. Most recently, the company wrapped-up meetings in Dallas with its African production partner to finalize ALYI’s industrial design specifications plan. An updated prototype electric motorcycle is anticipated to soon be completed based on the finalized industrial design specifications plan. Once the updated prototype is tested and accepted, production is expected to begin soon. The production will initiate rapidly as an existing production line is expanded to accommodate the production of ALYI’s ReVolt Electric Motorcycle.
The ReVolt Electric Motorcycle African production is centered on producing vehicles for a shared ride business in Africa. Motorcycle taxis are already accepted by the market in Africa and a strategy to transition existing ride share gas motorcycles to electric motorcycles provides ALYI a rapid growth opportunity.
The ReVolt Electric Motorcycle Project in Africa also comes with a potential strategic partnership with a globally recognized brand name. This partnership would likely enhance the sales potential of the overall ReVolt Electric Motorcycle in Africa. Regardless, provided the partnership comes together as currently anticipated, the partnership would account for substantial revenue estimated to reach $30 million annually for six to ten years – a total potential of $300 million in revenue over 10 years. ALYI is working closely with Restance, Inc. (USOTC: ANCE) in the development of the $30 million annual revenue opportunity. The two companies anticipate the project achieving a major milestone within the next two months. Look for news anticipated soon.
Management Transitions
ALYI and ANCE recently announced a coming senior management transition. The transition is largely structured around the project mentioned above anticipated to generate a potential $30 million annually in partnership with ANCE. The transition moves existing management into positions where they can appropriately dedicate time and specific skills to the project. Randy Torno has been the CEO of both ALYI and ANCE. Ed Bollen, the current President of ALYI is transition into the role of ANCE CEO and Randy Torno will then be solely the CEO of ALYI.
CEO Randell Torno Interviewed With Other Experts On African Industrialization
Randy Torno holds a PhD in Public Policy and Political Economics from the University of Texas. Outside of ALYI he is a recognized expert on government policy in developing economic regions with extensive hands on experience in Africa. An interview that includes Randy Torno on the subject of the growing industrialization of Africa will be published next week. Mr. Torno’s comments are anticipated to include discussion regarding his hands-on experience with ALYI in Africa. Look for a press release from ALYI when the article is published.
For more information, please visit: http://www.alternetsystemsinc.com
For those who don't feel like hitting the link...
Date: September 4, 2019
ALYI - Alternet Systems $50 Million EV Project Opportunity Could Trigger $300 Million More In Revenue Over 10 Years
Symbols: ALYI, NOUV, ANCE
ALYI – Alternet Systems $50 Million EV Project Opportunity Could Trigger $300 Million More In Revenue Over 10 Years
ALYI Hemp and Lithium Alternative Energy Strategy Summary
Hemp Energy Storage Partnership and Acquisition Pipeline Update
Existing $250,000 Annual Revenue Detailed
$50 Million Near Term Revenue Potential Featured
$300 Million 10 Year Revenue Potential Revealed
CEO Expertise As PhD In Public Policy and Political Economics Featured In Upcoming Article On Industrialization of Africa Highlighted
ANCE and NOUV Partnerships Included In Update
DALLAS, TX -- September 4, 2019 -- InvestorsHub NewsWire -- Alternet Systems, Inc. (USOTC: ALYI) (“ALYI”) today published a management update. The company recently published its year-to-date financials through Q2 2019 ending June 30th. The company has made substantial progress on its alternative energy business plan since entering the alternative energy sector when it acquired Lithium IP Holdings on July 21, 2017. The purpose of the update today is to summarize the company’s progress, highlight key milestones and feature major objectives. The management update is included below in its entirety.
ALYI Management Update
On July 21, 2017, the Company acquired Lithium IP Holdings in a transaction that included a management and business direction change. From July, 2017 forward, the company entered the alternative energy sector.
In 2017, Lithium IP Holdings exclusively licensed ten U.S. Patented lithium battery technologies with an option to acquire the ten U.S. Patents. Lithium battery technology research and development was the beginning of the company’s alternative energy strategy. The company’s strategy has expanded substantially past the ten Patents since that time. That expansion will be elaborated upon herein.
When ALYI acquired Lithium IP Holdings, Randell Torno was named the new Alternet Systems Chairman and CEO. Edward Bollen, the President of Lithium IP Holdings, also joined the Altnernet Systems management team. Randy Torno and Ed Bollen have worked together for years on multiple projects spanning across various energy niche markets with particular focus on the government sector and with expansive experience within developing economic countries. The management team is now in transition to best facilitate the company’s forward progress. Though roles are changing, Randy Torno and Ed Bollen will both remain involved with company for the foreseeable future. More on the transition will be included later in this update.
Application Integration and Corresponding R&D
ALYI’s alternative energy strategy is integration and application focused. In other words, ALYI finds existing alternative energy innovations and integrates those innovations into practical applications. The integration typically requires further research and development for the innovation. Today, ALYI concentrates on transportation applications and a variety of military applications. ALYI continues to work on its founding lithium innovations integration and ongoing research and developments, and has since added hemp supercapacitors. Last year, ALYI engaged the holder of a hemp supercapacitor patent as a consultant to kick start ALYI’s hemp alternative energy initiative and the company remains committed to developing commercial hemp energy solutions.
ALYI today has a number of application integration and corresponding research and development projects. Below are some leading highlights and anticipated next milestones:
Hemp Energy Developments and NOUV Partnership
The company’s hemp energy solution initiative is centered largely on the ongoing development of key partnerships and the acquisition of key technologies. The company has laid out a series of milestones toward the end objective of a hemp centric energy storage solution. Hemp centric energy storage requires the consolidation of several coordinating technologies. The hemp supercapacitor is only one. ALYI has endeavored to consolidate the additional coordinating technologies through partnerships and the acquisition of businesses with other coordinating technologies. The company has nominated a short list of specific hemp energy storage application candidates around one of which the company plans to forge the prospective partnerships and acquisitions. Management believes a breakthrough triggering the fruition of the partnerships and acquisitions is on the horizon. Look for news anticipated soon.
As part of its ongoing hemp energy research and development, ALYI has engaged with a cannabis cultivation company to access hemp materials. ALYI is working with the licensed hemp cultivator, Nouveau, Inc. (USOTC: NOUV). NOUV is anticipating its first U.S. hemp harvest within the next four weeks.
Military Alternative Energy Applications
A review of management’s experience reveals a robust military background. Based on that background, the company has been engaged in a long-term consulting agreement to explore defense oriented alternative energy applications. The company’s financial statements reflect a near quarter of a million dollars in annual revenue generated from the consulting agreement. Management anticipates the consulting agreement to develop into one or more specific projects to integrate alternative energy innovations into defense applications. Management further anticipates that such an integration project is soon approaching. Look for news anticipated soon.
Electric Motorcycles; Shared Rides; Africa and ANCE
ALYI continues to advance toward the fruition of an initial $20 million order for its own ReVolt Electric Motorcycle With Side Car. Earlier this year, the company signed a letter of intent (LOI) for a comprehensive project to manufacture electric motorcycles in Africa that included an initial $20 million order. ALYI, so far, has met all milestones required in the LOI. Most recently, the company wrapped-up meetings in Dallas with its African production partner to finalize ALYI’s industrial design specifications plan. An updated prototype electric motorcycle is anticipated to soon be completed based on the finalized industrial design specifications plan. Once the updated prototype is tested and accepted, production is expected to begin soon. The production will initiate rapidly as an existing production line is expanded to accommodate the production of ALYI’s ReVolt Electric Motorcycle.
The ReVolt Electric Motorcycle African production is centered on producing vehicles for a shared ride business in Africa. Motorcycle taxis are already accepted by the market in Africa and a strategy to transition existing ride share gas motorcycles to electric motorcycles provides ALYI a rapid growth opportunity.
The ReVolt Electric Motorcycle Project in Africa also comes with a potential strategic partnership with a globally recognized brand name. This partnership would likely enhance the sales potential of the overall ReVolt Electric Motorcycle in Africa. Regardless, provided the partnership comes together as currently anticipated, the partnership would account for substantial revenue estimated to reach $30 million annually for six to ten years – a total potential of $300 million in revenue over 10 years. ALYI is working closely with Restance, Inc. (USOTC: ANCE) in the development of the $30 million annual revenue opportunity. The two companies anticipate the project achieving a major milestone within the next two months. Look for news anticipated soon.
Management Transitions
ALYI and ANCE recently announced a coming senior management transition. The transition is largely structured around the project mentioned above anticipated to generate a potential $30 million annually in partnership with ANCE. The transition moves existing management into positions where they can appropriately dedicate time and specific skills to the project. Randy Torno has been the CEO of both ALYI and ANCE. Ed Bollen, the current President of ALYI is transition into the role of ANCE CEO and Randy Torno will then be solely the CEO of ALYI.
CEO Randell Torno Interviewed With Other Experts On African Industrialization
Randy Torno holds a PhD in Public Policy and Political Economics from the University of Texas. Outside of ALYI he is a recognized expert on government policy in developing economic regions with extensive hands on experience in Africa. An interview that includes Randy Torno on the subject of the growing industrialization of Africa will be published next week. Mr. Torno’s comments are anticipated to include discussion regarding his hands-on experience with ALYI in Africa. Look for a press release from ALYI when the article is published.
For more information, please visit: http://www.alternetsystemsinc.com
Two Things Happening Right Now That Could Force U.S. Government To End Marijuana Prohibition
Mike AdamsContributor
Vices
I cover various facets of the cannabis culture.
Is the United States on the verge of federal marijuana legalization?
Is the United States on the verge of federal marijuana legalization? GETTY
Ready or not, marijuana legalization is on the verge of happening nationwide. Or so they say.
Although Congress really hasn’t made much progress on the issue of cannabis reform in the past nine months, some federal lawmakers still insist that the nation is close to tearing down the walls of marijuana prohibition in the United States, potentially before the end of the year.
Representative Earl Blumenauer of Oregon, one of the founders of the Congressional Cannabis Caucus, recently told a Portland television station that the stars were aligning on Capitol Hill with respect to legal weed.
The lawmaker is as confident as ever that we still have a fighting chance of seeing it come to pass in 2019.
“We are in really great shape,” he told KATU-TV. “We’ve got things keyed up. I think there’s a great chance of doing it this Congress—maybe even this fall—depending on how crazy things get.”
So, smoke ‘em if you got em!
From where I am setting, however, it seems highly unlikely that the same grey-haired Congress that hasn’t yet managed to pull it together on a simple banking bill is all of a sudden going to rise up and legalize the leaf nationwide as its Christmas gift to the nation.
Sure, the SAFE Banking Act has a heck of a lot of sponsors in the House of Representatives — and more Republican support than you might imagine — but there is still no sign that Senate leadership, a crucial component to all of this bill passing business, is prepared to embrace any pot-related legislation.
As far as we know, Senate Majority Leader Mitch McConnell still isn’t willing to make even the slightest move toward legal weed, especially if it means assisting the Democrats in furthering their “socialist” agenda.
In fact, earlier this year, McConnell called himself the “Grim Reaper” when pledging to put a stop to any Democratic proposal that crosses his path. “They won’t even be voted on,” he said.
However, McConnell only has so much control.
There have been some wicked, unforeseen developments to fester to the surface of the cannabis scene over the past month or so that could twist the arms of prohibitionist dregs and force old Uncle Sam to throw his hands up with respect to marijuana prohibition and legalize once and for all.
The following are two of the most pressing matters that might give Congress absolutely no choice but to surrender to marijuana legalization in the interest of public health and safety.
Law Enforcement Confusion Over What Is Hemp and What Is Marijuana
Police confused on how to distinguish the difference between hemp and marijuana.
Police confused on how to distinguish the difference between? hemp and marijuana.GETTY
When Mitch McConnell made it his mission last year to legalize industrial hemp in the United States for the first time since 1937, he probably didn’t think for a second that it was going to inadvertently lead to marijuana legalization. But ending pot prohibition at the federal level might be the only way out of the conundrum that he has created.
You see, law enforcement can’t seem to distinguish between legal hemp and marijuana. After all these decades, the cops still don’t have the technology to tell the difference between the two plants.
And that spells trouble.
It is already causing a slew of problems in states like Colorado, Tennessee and Texas. So much, in fact, that some prosecutors are now abandoning pot-related cases simply because they cannot prove whether an alleged offender is mixed up with illegal marijuana manufacturing or if they are simply part of the new legal hemp industry.
Sure, at least one state Attorney General has stepped up and offered to prosecute pot crimes using federal statues for states mixed up in this mess. But how long can such a thing go on?
As more states move to establish their own hemp laws, which is inevitable, the confusion is only going to become more problematic, creating a situation where felonious marijuana-related crimes can no longer be tried fairly in a court of law. And if pot cases can no longer be prosecuted, well, what’s the point of it being illegal?
There is none.
Fake Cannabis Vapes Leading To Health Epidemic
Fake vapes could force the federal government to change marijuana laws.
Fake vapes could force the ?federal government to change marijuana laws.GETTY
People all across the United States are developing potentially life-threatening lung issues as a result of using marijuana vaporizers. There have been hundreds of cases reported nationwide where vape users have been admitted to Intensive Care Units of local hospitals for pneumonia-like respiratory infections.
In some instances, victims have fallen into comas and have needed machines to keep them alive and kicking. At the time that this article was written, there has been at least one death connected to this scourge. This health problem is a direct result of federal cannabis prohibition.
Just like the days when alcohol was outlawed in the United States, back when thousands of people died every year as a result of tainted liquor produced in the underground, black market criminal organizations are counterfeiting popular cannabis brands.
These knock offs are being sold all over the country — even in states where weed is legal – and it could get worse before it gets better.
As I pointed out in my last column for Forbes, as much as 80 percent of all package cannabis vapes are imposters and not to be trusted. Even if a vape product appears to be legit – and many of them do — that doesn’t mean that they are fit for human consumption.
The only way to curb (or stop) this sort of thing from happening is to end marijuana prohibition at the federal level and allow weed to be taxed and regulated like tobacco and alcohol. It is conflicting state and federal law that has allowed the black market to swell into the monster that it has become. So, if fake cannabis vapes end up spawning a vicious health epidemic that puts more Americans at risk of life threatening health issues, that might be enough to inspire the federal government to make a change.
Let’s just hope that something happens, though, before more people end up sick or dead.
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Mike Adams
Real news tomorrow would be nice...