ALYI Announces $100M Cryptocurrency Backed EV Ecosystem CEO Video Presentation

Rhea-AI Summary

Alternet Systems (USOTC: ALYI) announced a video discussion featuring CEO Randell Torno, focusing on the company's Electric Vehicle (EV) Ecosystem and its collaboration with Revolt Token (RVLT). The partnership aims to raise $100 million to support ALYI’s growth in East Africa and beyond. The video addresses key investment questions and outlines the potential of ALYI’s initiatives since 2019. Investors can participate by purchasing Revolt Tokens, enhancing democratized access to the EV market. More details can be found at www.alternetsystemsinc.com.

Positive

• Partnership with Revolt Token aims to raise $100 million for expansion.
• Focus on East African market offers growth potential.
• Democratized participation through token sales enhances investor engagement.

Negative

• None.

DALLAS, Nov. 9, 2021 /PRNewswire/ -- Alternet Systems, Inc. (USOTC: ALYI) ("ALYI") and Revolt Token (RVLT) ("RVLT") today announced a video discussion conducted by ALYI CEO Randell Torno and RVLT CEO Henryk Dabrowski detailing the status and future of the ALYI Electric Vehicle (EV) Ecosystem backed by Revolt Token (RVLT).

ALYI is an Electric Vehicle and overall Electric Vehicle Ecosystem company concentrating on the East African market with plans to expand into to the overall global developing economic market.

ALYI has designed its EV Ecosystem solution to include democratized participation. ALYI has partnered with Revolt Token to finance ALYI's growth by offering participation in the EV Ecosystem through the sale of Revolt Tokens.

To learn more about Revolt Token and how to participate in ALYI's Electric Vehicle Ecosystem through the purchase of Revolt Tokens, visit https://rvlttoken.com/.

The CEO discussion released today is guided by seven questions (see below) derived from inquiries to the two companies addressing RVLT's objective to provide ALYI with $100 million in funding:

1. What are Alternet Systems and Revolt Token?
2. Why is Alternet Systems investing in electric vehicles in Africa? What is the potential expansion in other African countries? What are the objectives and business reasoning behind these projects?
3. Can you provide an outline of the initiatives since 2019 through 2021, highlighting several milestones?
4. What is the required funding? What are the financing options and what are the investment objectives?
5. What is the difference between buying ALYI shares versus buying a RVLT tokens?
6. Can you provide some information on the current team and suppliers? How is the global supply chain impacting you? Why do non-standardization and DOT certification of electric vehicles leads to delays?
7. What are the expected outcomes and timeline?

You can view the video at https://www.alternetsystemsinc.com/rvlt-video.

To learn more about Revolt Token and how to participate in ALYI's electric vehicle ecosystem through the purchase of Revolt Tokens, visit https://rvlttoken.com/.

Look for more information on the two target acquisitions addressed herein to be coming over the course of Mr. Torno's travels this week and next.

For more information and to stay up to date on ALYI's overall latest developments, please visit www.alternetsystemsinc.com.

Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.

For more information, please visit:
http://www.alternetsystemsinc.com
Alternet Systems, Inc. Contact:
Randell Torno
info@lithiumip.com
+1-800-713-0297

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SOURCE Alternet Systems, Inc.

FAQ

What is the purpose of the ALYI and RVLT partnership?

The partnership aims to raise $100 million to support ALYI's Electric Vehicle Ecosystem growth in East Africa and globally.

How can I participate in ALYI's EV Ecosystem?

Investors can participate by purchasing Revolt Tokens, which provide access to ALYI's EV initiatives.

What is the significance of the $100 million funding mentioned in the ALYI press release?

The $100 million funding is intended to enhance ALYI's capabilities in the EV market, particularly in East Africa.

What has been achieved by ALYI since 2019?

The press release outlines various milestones and initiatives undertaken by ALYI between 2019 and 2021, focused on electric vehicles.

Where can I watch the CEO discussion about ALYI's EV Ecosystem?

The CEO discussion is available for viewing at this link.