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ALTERNET SYSTEMS INC - ALYI STOCK NEWS

Welcome to our dedicated page for ALTERNET SYSTEMS news (Ticker: ALYI), a resource for investors and traders seeking the latest updates and insights on ALTERNET SYSTEMS stock.

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Rhea-AI Summary

Alternet Systems, Inc. (OTC Pink: ALYI) announced that its cryptocurrency funding partner, Revolt Token (RVLT), will unveil a new feature on August 3, 2021, aimed at cryptocurrency enthusiasts. ALYI is developing a comprehensive electric vehicle (EV) ecosystem, targeting the African market and planning an annual EV symposium and race event in Kenya. The company recently initiated an electric motorcycle pilot program in Kenya, which is tied to a 2,000-unit motorcycle order. ALYI's ecosystem also involves partnerships with Revolt Token for financing through token sales.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.85%
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Rhea-AI Summary

On July 29, 2021, Alternet Systems, Inc. (ALYI) reported on its electric motorcycle pilot in Nairobi, highlighting the importance of partnerships for the initiative. CEO Randell Torno emphasized the upcoming multimedia campaign to showcase the pilot and its scalability to a larger business model involving 2,000 electric motorcycles. The campaign aims to highlight key partners supporting the project. ALYI is also building a comprehensive electric vehicle ecosystem in Africa and will announce significant developments next month, reinforcing its commitment to advancing EV solutions tailored to local needs.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.85%
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Rhea-AI Summary

Alternet Systems (OTC Pink: ALYI) has launched an electric motorcycle pilot in Kenya, aiming to establish a global electric vehicle ecosystem. CEO Randell Torno's report highlights the necessity of local partnerships for successful implementation, covering aspects like importing, taxation, and insurance. The company is preparing a multimedia communication campaign to showcase this initiative and its scalability, which could support a 2,000 motorcycle order. A significant announcement regarding ALYI's overall direction is expected next month.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.85%
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Rhea-AI Summary

Alternet Systems, Inc. (USOTC: ALYI) announced an electric motorcycle pilot report set for release on July 29, 2021, focusing on their comprehensive pilot in Kenya. CEO Randell Torno will be coordinating with partners in Nairobi, with follow-up multimedia features expected next week. ALYI has secured an order for 2,000 electric motorcycles to launch an EV rideshare solution in Africa. The company aims to develop a robust EV ecosystem and plans an annual symposium to enhance EV technologies tailored for the African market.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.2%
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none
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Rhea-AI Summary

Alternet Systems, Inc. (OTC Pink: ALYI) announced that its electric motorcycle pilot report will be released on July 29, 2021, marking the start of a comprehensive communication campaign for the pilot launched in Kenya. CEO Randell Torno will visit Nairobi to collaborate on multimedia coverage of the pilot's progress. ALYI has secured an order for 2,000 electric motorcycles to facilitate an EV rideshare and rental solution in Africa, aiming to disrupt the traditional motorcycle taxi market. The company is also developing an EV ecosystem and plans an EV symposium in Kenya.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.2%
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none
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Rhea-AI Summary

Alternet Systems, Inc. (OTC Pink: ALYI) has announced a scheduled report regarding its electric motorcycle pilot program, set for July 29, 2021. The company confirmed an order for 2,000 electric motorcycles, aimed at launching an EV rideshare and rental solution in Africa, starting with Kenya. This initiative is part of a broader plan to build an EV ecosystem that advances the sector and promotes sustainable transportation. The pilot program will last approximately ninety days, showcasing results as it progresses, while ALYI partners with ReovltTOKEN to finance its growth.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.87%
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none
Rhea-AI Summary

Alternet Systems, Inc. (USOTC: ALYI) announced a scheduled report on its electric motorcycle pilot, set to release on July 29, 2021. ALYI confirmed an order for 2,000 electric motorcycles to support an EV rideshare initiative in Africa, specifically in Kenya. The pilot program aims to provide eco-friendly transportation solutions in a market currently dominated by traditional combustion engine bikes. The company also plans an annual EV symposium in Kenya to advance EV technology for the African market.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.79%
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Rhea-AI Summary

On July 20, 2021, Alternet Systems, Inc. (OTC Pink: ALYI) announced a forthcoming electric motorcycle pilot report due on July 29, 2021. This report will detail the pilot's progress and expectations moving forward. Recently, ALYI confirmed an order for 2,000 electric motorcycles aimed at launching an eco-friendly rideshare solution in Africa. The initiative involves partnerships with various stakeholders in Kenya, focused on transforming the local motorcycle taxi market. Additionally, ALYI is building a comprehensive EV ecosystem and plans an annual symposium to further develop EV technology for the region.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.79%
Tags
none
-
Rhea-AI Summary

Alternet Systems, Inc. (OTC Pink: ALYI) has confirmed an order for 2,000 electric motorcycles to support its planned rollout of an Electric Vehicle (EV) Rideshare and rental solution in Africa. This initiative includes a pilot program in Kenya aimed at transitioning the motorcycle taxi market from combustion engines to eco-friendly alternatives. The company also plans an annual EV symposium in Kenya to enhance EV technology and foster participation from industry leaders. The pilot program is expected to last around 90 days and is tied to the motorcycle order.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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Rhea-AI Summary

Alternet Systems, Inc. (OTC Pink: ALYI) has launched an Electric Vehicle (EV) Rideshare pilot in Kenya, introducing eco-friendly electric motorcycles to compete in the local motorcycle taxi market, currently led by combustion engine bikes. ALYI aims to build a comprehensive EV ecosystem, participating in an annual symposium to enhance EV technology tailored for Africa's unique needs. A recent order of 2,000 electric motorcycles supports this initiative, which is expected to last 90 days, showcasing pilot progress through videos and images. ALYI also collaborates with RevoltTOKEN for financing.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.43%
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none

FAQ

What is the current stock price of ALTERNET SYSTEMS (ALYI)?

The current stock price of ALTERNET SYSTEMS (ALYI) is $0.00075 as of November 22, 2024.

What is the market cap of ALTERNET SYSTEMS (ALYI)?

The market cap of ALTERNET SYSTEMS (ALYI) is approximately 2.4M.

ALTERNET SYSTEMS INC

OTC:ALYI

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ALYI Stock Data

2.45M
3.06B
Information Technology Services
Technology
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United States of America
Miami