ALYI Announces Upcoming Retro Revolt Electric Motorcycle Video Demonstration

Rhea-AI Summary

Alternet Systems (ALYI) announced plans to include a video demonstration in their upcoming shareholder update, showcasing new design features for the Retro Revolt Electric Motorcycle. The announcement, made on March 10, 2021, notes that the video will intentionally obscure some design elements to protect intellectual property. Pre-orders for the first 200 motorcycles are already in, based on the classic BMW R71 frame, and a waitlist is growing. The shareholder update has been rescheduled from March 12 to March 19, 2021, to accommodate the video presentation.

Positive

• Pre-orders received for the first 200 Retro Revolt Electric Motorcycles, indicating strong demand.
• Upcoming video demonstration to showcase design improvements and increase electric motorcycle cruising range.

Negative

• None.

DALLAS, March 10, 2021 /PRNewswire/ -- Alternet Systems, Inc. (USOTC: ALYI) today announced plans to include a video demonstration in the upcoming shareholder update to present a new design feature that will be included in the first 200 Retro Revolt Electric Motorcycles coming to market in North America this year.  ALYI's design team believes the new design feature explanation will be enhanced with a video of the Retro Revolt Electric Motorcycle.

The design team has been resistant to allowing a video of the Retro Revolt Electric Motorcycle in order to protect their priority designs.  Accordingly, the video to be included in the upcoming shareholder update will show the Retro Revolt Electric Motorcycle with some design features intentionally obscured.

ALYI has already received pre-orders for the first 200 Retro Revolt Electric Motorcycles based on the classic BMW R71 frame and has a growing waitlist.  The update, coming from ALYI's design group, will detail the design improvement that will increase the electric motorcycle's cruising range.

In order to facilitate the inclusion of a demo video, the shareholder update is being moved from this Friday, March 12, 2021 to next Friday, March 19, 2021.

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.

Alternet Systems, Inc. Contact:
Randell Torno
info@lithiumip.com
+1-800-713-0297

View original content:http://www.prnewswire.com/news-releases/alyi-announces-upcoming-retro-revolt-electric-motorcycle-video-demonstration-301244768.html

SOURCE Alternet Systems, Inc.

FAQ

What is the purpose of the upcoming shareholder update for ALYI?

The upcoming shareholder update is intended to include a video demonstration of new design features for the Retro Revolt Electric Motorcycle.

When was the shareholder update for ALYI rescheduled to?

The shareholder update was rescheduled from March 12, 2021, to March 19, 2021.

How many Retro Revolt Electric Motorcycles has ALYI received pre-orders for?

ALYI has received pre-orders for the first 200 Retro Revolt Electric Motorcycles.

What design elements will be included in the ALYI video demonstration?

The video will showcase the Retro Revolt Electric Motorcycle but will have some design features intentionally obscured.