Alternet Sys Stock Price, News & Analysis

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.

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.

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.

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.

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.

Alternet Systems (OTC PINK: ALYI) and WaterPure International (OTC PINK: WPUR) have formed a partnership to implement an off-grid electric vehicle (EV) charging solution in Kenya. This initiative is part of a broader collaboration aimed at developing an EV ecosystem in the region. WPUR is enhancing its focus on electric technology, while ALYI aims to serve the East African market's transportation needs with innovative EV solutions. The pilot project will have backing from ALYI’s funding partner, Revolt Token (RVLT), initiating with a technology proof of concept in the U.S.

Alternet Systems (OTC Pink: ALYI) is partnering with WaterPure International (OTC Pink: WPUR) to implement an off-grid electric vehicle (EV) charging solution in Kenya. The collaboration aims to support ALYI's deployment of electric motorcycles and three-wheel vehicles in the region's taxi and delivery markets. ALYI's strategy focuses on addressing low transportation accessibility in East Africa and offers a potential first-to-market EV transportation solution. The company is also collaborating with Revolt Token to finance its EV Ecosystem through token sales.

On December 13, 2021, Alternet Systems, Inc. (ALYI) discussed the public listing of Harley-Davidson's LiveWire electric motorcycle division via a SPAC merger valued at $1.77 billion. ALYI's CEO, Dr. Randell Torno, claimed that ALYI's electric motorcycle strategy predates Harley's, asserting that their shared focus on the urban market could validate ALYI's business model. ALYI is delivering electric motorcycles in East Africa and has expanded its offerings to include electric three-wheel vehicles. The company aims to grow its EV Ecosystem, partnering with Revolt Token for financing.

Alternet Systems, Inc. (OTC Pink: ALYI) announced the launch of its electric motorcycle business, paralleling Harley-Davidson's SPAC merger plans with LiveWire at a pro-forma enterprise value of $1.77 billion. ALYI's CEO, Dr. Randell Torno, claims the company had already initiated a similar business strategy before Harley-Davidson. ALYI has begun delivering electric motorcycles in East Africa and plans to expand its electric vehicle ecosystem, which includes three-wheeled vehicles. The company is leveraging partnerships with Revolt Token for financing its growth.