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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.

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Rhea-AI Summary

Alternet Systems, Inc. (ALYI) is set to release a progress report update on February 18, 2022, detailing its 2022 strategic outlook aimed at achieving $10 million in organic revenue, with a stretch goal of $50 million. The update will include specifics regarding partnerships with Waterpure International, Inc. and Priority Aviation, Inc., as part of its EV Ecosystem strategy. Last month, ALYI presented its strategic outlook, highlighting its focus on generating revenue beyond vehicle sales through partnerships.

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Rhea-AI Sentiment
End-of-Day
2.06%
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Rhea-AI Summary

On February 15, 2022, Alternet Systems (OTC Pink: ALYI) announced plans to release a progress report regarding its 2022 strategic outlook, aiming for $10 million in organic revenue and a potential stretch goal of $50 million. The company highlighted its commitment to expanding revenue through partnerships within the electric vehicle (EV) ecosystem, particularly in the shared mobility market, projected to grow from $420 billion in 2020 to $770 billion by 2030. A detailed report is set to be published on February 18, 2022.

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Rhea-AI Sentiment
End-of-Day
2.06%
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Rhea-AI Summary

Alternet Systems, Inc. (OTC Pink: ALYI) is reinforcing its strategy to generate revenue beyond electric vehicle sales, aiming for a $50 million revenue target. The firm envisions growth through its EV Ecosystem partnerships, with an optimistic outlook on surpassing its organic $10 million revenue objective. A progress report on February 18, 2022, will provide further insights into their revenue growth plans. The company emphasizes investment opportunities for ecosystem partners to enhance value and drive shareholder returns.

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-3.96%
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Rhea-AI Summary

Alternet Systems, Inc. (OTC Pink: ALYI) announced an anticipated revenue of $2 million in its upcoming 2021 annual report, stemming from electric motorcycle sales. The company projects $10 million in revenue for 2022 and aims for a total revenue goal of $50 million this year. Additionally, ALYI has published a strategic outlook presentation detailing its electric vehicle (EV) ecosystem designed to enhance revenue and shareholder value. The company cautions that forward-looking statements involve risks and uncertainties that could impact performance.

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1.01%
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Rhea-AI Summary

Alternet Systems (OTC Pink: ALYI) highlighted its potential income from the EV Ecosystem Partnership in a recent press release.

The company published a strategic outlook presentation for 2022, detailing its initiatives to create partnerships within the EV ecosystem, focusing on investment opportunities.

One notable partnership is with Zoomcar, an India-based self-drive car rental platform, which plans to list in the US with an expected valuation of over $1 billion in early 2022.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
19.42%
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partnership
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Rhea-AI Summary

Alternet Systems, Inc. (OTC Pink: ALYI) released its 2022 strategic outlook, outlining plans to expand its electric vehicle (EV) market share. CEO Dr. Randell Torno emphasized the transition from concept to tangible reality in ALYI's EV ecosystem, with key contracts signed and revenue generation underway. The company aims to leverage off balance sheet resources and anticipates $2 million in revenue for 2021, with a target of $50 million in 2022. ALYI's initiatives are primarily focused on the African market, seen as a proving ground for scalable EV solutions while contributing to economic growth.

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partnership
Rhea-AI Summary

Alternet Systems, Inc. (OTC Pink: ALYI) announced a strategic outlook presentation scheduled for January 11, 2022. The company projects $2 million in revenue for 2021 from electric motorcycle and vehicle sales in East Africa. ALYI aims for a $50 million revenue target for 2022, focusing on the East African market with its Electric Vehicle (EV) Ecosystem strategy. Additionally, ALYI is collaborating with Revolt Token to finance its growth through token sales. The upcoming presentation will provide updates on partnerships with WaterPure International and Priority Aviation.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.25%
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Rhea-AI Summary

Alternet Systems, Inc. (OTC Pink: ALYI) anticipates generating $2 million in revenue for 2021 from sales of electric motorcycles and three-wheeled vehicles in East Africa, despite a previous press release error indicating 2022.

The company aims for a $50 million revenue goal in 2022 and will present a strategic outlook on January 11, 2022. ALYI's EV Ecosystem strategy targets the East African market, emphasizing democratized participation through partnerships, such as with Revolt Token.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.14%
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Rhea-AI Summary

Alternet Systems (ALYI) projects $2 million in revenue for 2021 from electric motorcycles and three-wheeled vehicles serving East Africa's taxi and delivery markets. The company plans to target $10 million in 2022 with an ambitious stretch goal of $50 million. ALYI's strategy focuses on an electric vehicle ecosystem that encourages democratized participation, partnering with Revolt Token (RVLT) to support growth through token sales. The press release also contains forward-looking statements, highlighting potential risks such as competition and contract performance.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.51%
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Rhea-AI Summary

Alternet Systems, Inc. (OTC Pink: ALYI) expects to generate $2 million in revenue in 2021, focusing on electric motorcycles and three-wheeled electric vehicles for the taxi and delivery sectors in East Africa. The company aims for a revenue target of $10 million in 2022, with a stretch goal of $50 million. Their Electric Vehicle Ecosystem strategy includes a partnership with Revolt Token (RVLT) to finance growth through token sales, emphasizing democratized participation in the EV market.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.51%
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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