ALTERNET SYSTEMS INC - ALYI STOCK NEWS

Alternet Systems, Inc. (USOTC: ALYI) announced plans for an Electric Vehicle (EV) charging solution as part of an ongoing pilot in Africa. The company is focused on creating a comprehensive EV ecosystem rather than a single product, including a charging and maintenance infrastructure. ALYI is working with a major EV racing brand and has initiated a pilot program for its electric motorcycle in Kenya, which is expected to set it apart in the market. A major announcement regarding the EV race and ecosystem strategy is anticipated later this month.

Alternet Systems, Inc. (ALYI) announced a significant upcoming milestone aimed at enhancing its visibility in the global electric vehicle (EV) market. The company is focused on developing a comprehensive EV ecosystem, including vehicles, infrastructure, and digital systems, rather than merely introducing single products. A key component is an annual EV symposium and race event planned in Kenya, aimed at engaging major industry players and driving advancements in EV technology. The EV race market is projected to grow from $80 billion in 2019 to over $200 billion by 2025.

On August 10, 2021, Alternet Systems (OTC Pink: ALYI) revealed plans to enhance its global visibility in the electric vehicle sector. Rather than launching a single product, ALYI aims to create an entire EV ecosystem, addressing design, infrastructure, and consumer transition to electric power. A key feature will be an EV symposium, anchored by a race event in Kenya. ALYI has partnered with a major EV racing brand and initiated an electric motorcycle pilot in Kenya, already yielding promising results. A significant announcement is expected later this month.

Alternet Systems (ALYI) announced CEO Randell Torno's visit to Addis Ababa, Ethiopia, to reaffirm a letter of intent for an electric vehicle order executed last September. Following a recent trip to Nairobi for a motorcycle pilot targeting a 2,000-vehicle order in Kenya, ALYI plans to launch an imminent pilot in Ethiopia. Additionally, the company is collaborating with Revolt Token to finance growth through token sales, enhancing participation in their electric vehicle ecosystem.

Alternet Systems (ALYI) is conducting an electric motorcycle pilot in Kenya, targeting the lucrative motorcycle taxi sector. CEO Randell Torno is facilitating coordination in Nairobi, where over 1 million motorcycles are registered, mainly for taxi services. ALYI has an order for 2,000 electric motorcycles but expects greater opportunities from the pilot. The initiative could lead to potential mergers or acquisitions, enhancing ALYI’s market share in electric vehicles.

Additionally, ALYI is exploring partnerships with local EV initiatives to improve capital access and expand its electric vehicle ecosystem.

Alternet Systems, Inc. (USOTC: ALYI) announced a significant merger and acquisition opportunity related to its electric motorcycle pilot in Kenya, aiming to enhance its electric vehicle market share. CEO Randell Torno is in Nairobi coordinating with partners and exploring expansion beyond motorcycles into commercial fleets. ALYI has secured an order for 2,000 electric motorcycles, and the pilot has revealed greater opportunities amid capital constraints faced by local EV initiatives. The company is drafting plans to consolidate resources and leverage partnerships, alongside financing through Revolt Token.

Alternet Systems, Inc. (OTC Pink: ALYI) announced a significant merger and acquisition opportunity relating to its electric motorcycle pilot in Kenya, which could enhance its market share in the electric vehicle sector. CEO Randell Torno is in Nairobi coordinating with partners involved in the pilot and has identified potential partnerships and acquisitions with local electric vehicle initiatives facing capital constraints. ALYI aims to consolidate resources and expand its electric vehicle market presence while also partnering with Revolt Token to finance growth through democratized participation.

On August 3, 2021, Alternet Systems (ALYI) announced enhancements to the Revolt Token platform, making it easier for users to set up accounts and purchase Revolt Tokens for participation in its Electric Vehicle (EV) Ecosystem. New features include improved Know Your Customer (KYC) and Anti Money Laundering (AML) protocols, faster processing, and additional payment options. A bonus of 25% in additional tokens will be credited for early purchases before the token's exchange listing. ALYI aims to develop a comprehensive EV ecosystem, with participation from industry leaders, focused on the African market.

Alternet Systems, Inc. (OTC Pink: ALYI) announced enhanced features on its cryptocurrency funding partner Revolt Token's website, improving the process for purchasing Revolt Tokens. These enhancements include faster Know Your Customer (KYC) and Anti-Money Laundering (AML) features, and the ability to buy tokens with credit/debit cards, other cryptocurrencies, or wire transfers. A bonus of 25% in additional tokens will be credited to early purchasers before the imminent exchange listing. The company is also advancing its Electric Vehicle (EV) ecosystem through a pilot program in Kenya, targeting brand name industry leaders for a future symposium.