Alternet Systems Inc (ALYI)

[soupoftheday]

$ALYI - Nevertheless, we caught the Lithium-Ion fever and threw ourselves into building an in-vogue portfolio of Lithium technologies in partnership with a Fortune-500 company. Long story, very short, we re-learned that the race for solving the global energy storage shortage problem is not necessarily about using Lithium more efficiently or taping into a yet undiscovered new source of Lithium. Any limitation on the availability of Lithium is a separate issue and one convenient for commodity brokers that use a limited supply story, and an alleged demand to drive up Lithium commodity prices.

We’ve re-centered Alternet’s strategy on finding innovative solutions to energy storage shortages, and those innovative solutions do not necessarily need to come from Lithium-Ion based technology. We’re exploring a variety of energy storage research and development initiatives and much of the leading development is being conducted at universities. We’re looking to structure partnerships with the research and development organizations to commercialize their technology by building that technology into specific applications.

https://www.alternetsystemsinc.com/energy-storage