Alternet Systems Inc (ALYI)

[lesgetrich]

Where is the facility for building them?...
...Are they building them in china?

The electric cycles are being built in China...

Alternet Systems Inc Anticipates Business Acceleration From Chinese Fossil Fuel Ban - Press Release | 11/05/2018

DALLAS, Nov. 05, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Alternet Systems, Inc. (USOTC: ALYI) (“ALYI”) today announced an anticipated business acceleration coming soon from China’s plan to ban fossil fuel powered vehicles. China recently announced plans to put a schedule in place for the elimination of vehicles powered by fossil fuels. ALYI management expects to existing operational benefits from the ban. First, ALYI has partnered with a Chinese manufacturer for the construction of its Revolt Electric Motorcycle. With its partner under pressure to eliminate a fossil fuel powerplant, ALYI expects to benefit by potentially licensing is electric power plant to its manufacturing partner in China for production in China. Second, with ALYI’s recent entry into hemp supercapacitors, given the magnitude of hemp farming in China, ALYI management anticipates its hemp supercapacitor initiative to potentially gain traction in China.

Are they going to start using toxic financing to manufacture them?

There is no evidence to suggest that they would use toxic financing. With the recent spike in their share price, they could sell shares or use traditional funding mechanisms (e.g. loans, notes, etc. using the facility as collateral) or get funding help from chinese government sources (after all, they would be employing chinese labor) or do all of the above.