Alternet Systems Inc (ALYI)

[jerseyfish]

ALYI Sneaks In Its First Sales Q1 2018 On New Lithium Tech Biz Plan Rated Speculative BUY
Date : 05/22/2018 @ 12:29PM
Source : InvestorsHub NewsWire
Stock : Alternet Systems, Inc. (PC) (ALYI)
Quote : 0.0265 0.00091 (3.56%) @ 10:36AM

ALYI Sneaks In Its First Sales Q1 2018 On New Lithium Tech Biz Plan Rated Speculative BUY
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ALYI Sneaks In Its First Sales Q1 2018 On New Lithium Tech Biz Plan Rated Speculative BUY

New York, NY -- May 22, 2018 -- InvestorsHub NewsWire -- Alternet Systems, Inc. (USOTC: ALYI) PPS is up 100% in the last month trading at a mid $0.02 level. Goldman Small Cap Research has given the company a speculative ‘buy’ with a target PPS of $0.09. Alternet has a portfolio of Lithium technology it is working to commercialize by finding partnerships where Alternet’s technology can be integrated into commercial products. The company has formed a new subsidiary called Revolt Electric Motorbikes to consummate one such commercial product partnership and is now piloting a “fun and affordable” retro-classic electric motorcycle with a sidecar based on the WWII era BMW R71 military motorcycle.



At the same time, the company is working to integrate its Lithium technology into military applications. From reading recent news on the company’s military market strategy, and looking at the company’s recent Q1 2018 financial report, it appears Alternet has snuck in a consulting contract and reported its first revenue in the development of its military market strategy. At $60,000 for the quarter, it’s not a lot, but it’s a lot more than many start-ups have to show early on.



Alternet seems to have a management team with a good deal of promising creativity. With a pilot electric motorcycle developed, and a plan to have that pilot ready to produce a commercial product for this year’s holiday market, combined with actual revenue, albeit small at the moment, coming in from their military strategy, management’s creativity is worth keeping an eye on. A $0.09 PPS would be nice return from a $0.02 entry, and if they make the holiday market with their retro-classic electric motorcycle with a sidecar, the PPS could possibly blow by $0.09.