Alternet Systems Inc (ALYI)

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The Ethiopia 3-wheeled electric vehicles and the Kenya electric motorcycles are meant to be “workhorse” type vehicles. Utilitarian and reliable and easily maintained. They are not meant to be pretty. The taxi drivers will personalize their own vehicles and make them flashy to attract customers. Travel the world more and you will know what I mean.

The MODUS/IQSTEL designed Retro Revolt electric motorcycles for North America will have all the bells and whistles.

This has been in ALYI’s long term business plan since 2018. 1 year lost to the pandemic when Africa was closed etc etc. ALYI seems to be ahead of schedule if you use the typical 5 year business plan. And ALYI seems to be spending money wisely and with purpose. The acquisition news details will tell the market more.