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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.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect ALTERNET SYSTEMS's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of ALTERNET SYSTEMS's position in the market.

Rhea-AI Summary

Alternet Systems, Inc. (ALYI) announced a forthcoming update regarding a new design feature for the Retro Revolt Electric Motorcycle, set to debut on March 19, 2021. This feature aims to enhance the cruising range of the motorcycles, which are based on the classic BMW R71 frame. Pre-orders for the initial batch of 200 units have already been secured, with a growing waitlist expected. MODUS, ALYI's design partner, is producing a video demonstration to highlight these advancements.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.73%
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Rhea-AI Summary

Alternet Systems (ALYI) announced an update from its finance partner, RevoltTOKEN, on March 12, 2021. RevoltTOKEN has initiated the sale of Revolt Tokens (RVLT) at $1.00 each to fund the Alternet Systems Electric Vehicle Ecosystem Platform. The purchase requires user registration and identity verification, which has recently improved in efficiency. Interested parties can buy multiple tokens, and further developments regarding RVLT's exchangeability will be monitored via their website.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.13%
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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.

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Rhea-AI Sentiment
End-of-Day
-4.89%
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Rhea-AI Summary

Alternet Systems (ALYI) has announced that its finance partner, RevoltTOKEN, has updated its website to include a video outlining plans for transforming ALYI's Electric Vehicle Ecosystem Platform. The sale of Revolt Tokens (RVLT) has commenced, with funds raised earmarked for ALYI's EV ecosystem. Tokens are priced at $1.00 each and can be purchased via various payment methods. The process is straightforward, requiring user registration followed by Know-Your-Customer verification. RVLT will soon be available for trading on cryptocurrency exchanges, enhancing ALYI's market presence.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
17.36%
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Rhea-AI Summary

Alternet Systems, Inc. (USOTC: ALYI) announced a shareholder update scheduled for March 12, 2021, revealing a new design improvement for its Retro Electric Revolt Electric Motorcycles. This enhancement aims to increase the cruising range of the motorcycles, which are based on the classic BMW R71 frame. ALYI has already secured pre-orders for the first 200 units, with a growing waitlist, indicating strong market interest. This update reflects ALYI's commitment to innovation in the electric motorcycle segment, as the company prepares to launch these products in North America.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
34.66%
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News
Rhea-AI Summary

On March 4, 2021, Alternet Systems, Inc. (USOTC: ALYI) announced the launch of its Revolt Tokens (RVLT) available for purchase through RevoltTOKEN. The tokens are priced at $1.00 each and funds raised will support the development of Alternet's Electric Vehicle Platform. Purchases can be made via cryptocurrency or wire transfer, following a three-step registration process. The company plans to list RVLT on cryptocurrency exchanges soon. Interested buyers are encouraged to visit the official Revolt Token website for more information and purchasing instructions.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-30.34%
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Rhea-AI Summary

Alternet Systems (ALYI) announced that its finance partner, RevoltTOKEN, will provide an independent update on its planned ICO on February 12, 2020. This follows the launch of ALYI's democratized electric vehicle ecosystem, which includes the Revolt Electric Motorcycle. The company aims to develop a comprehensive ecosystem for electric vehicles across diverse transportation modes, enhancing its global strategy. The presentation detailing this strategy is available online in both flip book and video formats.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
36.94%
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Rhea-AI Summary

Alternet Systems (ALYI) has unveiled its strategic plan for a global electric vehicle ecosystem alongside its new Revolt Electric Motorcycle, set to launch in North America and Africa this year. The strategy emphasizes a comprehensive approach combining the introduction of electric vehicles and the necessary supporting technology and infrastructure. This ambitious plan aims to make electric transportation accessible across various platforms. The company has also incorporated democratized cryptocurrency finance to enhance its operations.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
19.37%
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partnership
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Rhea-AI Summary

Alternet Systems (ALYI) has unveiled its Retro ReVolt Electric Motorcycle, aimed at the North American market. This motorcycle, distinct from the new commercial model for Africa's motorcycle taxi sector, will be available for direct sale and as conversion kits for enthusiasts. Pre-orders are expected to begin by year-end. Additionally, ALYI is on the verge of announcing a significant milestone related to its electric mobility ecosystem, which may enhance the company's growth trajectory. More images of the motorcycle will be shared in the upcoming weeks.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
58.25%
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Rhea-AI Summary

Alternet Systems, Inc. (USOTC: ALYI) announced plans to finalize a significant milestone regarding its electric mobility ecosystem next week. The company is focusing on Sub-Saharan Africa, which lacks adequate transportation infrastructure, offering opportunities for technological advancement. Rather than developing products in isolation, ALYI has established a collaborative design process involving stakeholders. An annual electric mobility symposium will anchor this initiative, centered around an electric auto race. Management is optimistic about an upcoming announcement that will reveal substantial progress.

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Rhea-AI Sentiment
End-of-Day
3%
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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