Alternet Systems Inc (ALYI)

[lesgetrich]

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ALYI - Alternet Systems Prepares For Rapid Growth Starting With Anticipated $20 Million Order

DALLAS, May 15, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Alternet Systems, Inc. (USOTC: ALYI) (“ALYI”) today confirmed a management restructuring and expansion to be announced by the end of next week. The management restructuring and expansion is intended to contribute to the company’s growing sales opportunities, technology innovations and merger and acquisition developments. The company signed $2 million dollars in orders in the first quarter of 2019 for its ReVolt Electric Motorcycles and has a $20 million order under development in conjunction with a project to open an African assembly plant. ALYI also has a number of alternative energy storage related technologies under development. Furthermore, ALYI has a robust merger and acquisition (M&A) pipeline. The company plans to soon release the results of its first quarter 2019 operations followed by a management brief further detailing the first quarter results. Look for the management brief coming by the end of next week. The management brief will elaborate more on the planned management restructuring and expansion. The following week of May 27th, ALYI plans to release the final plan on the management restructuring and expansion.