ALTERNET SYSTEMS INC - ALYI STOCK NEWS

Alternet Systems, Inc. (OTC Pink: ALYI) is expanding its electric vehicle ecosystem with new support from its partnership with Revolt Token (RVLT). This collaboration will provide financing for ALYI’s growth and its electric vehicle partners. The focus will be on the East African market, where the potential for EV adoption exists. ALYI aims to meet a revenue target of $2 million for 2021 and a base target of $10 million for 2022. Further revenue targets, including a $50 million stretch goal for 2022, will be presented on December 2, 2021.

Alternet Systems (ALYI) announced it is on track to achieve its revenue target of $2 million for 2021, driven by electric motorcycle production for the East African motorcycle taxi market. The company aims for a base revenue target of $10 million in 2022, with a stretch target of $50 million. Management is set to provide more details on revenue plans on December 2.

Alternet Systems, Inc. (OTC Pink: ALYI) announced that its electric motorcycle production is on track to meet a revenue target of $2 million by year-end 2021 and aims for $10 million in 2022. The company will provide more details on its revenue plans during a presentation scheduled for December 2, which will include an ambitious stretch target of $50 million for 2022. However, the release includes forward-looking statements that involve risks, such as competition and contract performance uncertainties.

Alternet Systems, Inc. (OTC Pink: ALYI) announced plans to deliver electric motorcycles for a pilot project with Priority Aviation, Inc. (OTC Pink: PJET). This initiative is part of PJET's pivot towards technologies aimed at enhancing student life on college campuses, specifically addressing the global housing shortage. More information is expected as the pilot rollout approaches, although the PR emphasizes inherent risks, including competition and the uncertainty of sales performance.

Alternet Systems, Inc. (OTC Pink: ALYI) announced a $10 million base revenue target for 2022, with a stretch target of $50 million. This confirmation follows an initial announcement earlier this week. Further details on these targets are expected to be presented on December 2nd. The release includes a disclaimer highlighting various risks and uncertainties, suggesting that these targets may not be achieved due to factors such as competition and liquidity challenges.

Alternet Systems (ALYI) announced a $10 million base revenue target for 2022 and a stretch target of $50 million, driven by its electric vehicle sales in Sub-Sahara Africa. The company expects to generate $2 million in revenue for 2021. ALYI is focusing on electric motorcycles and three-wheeled vehicles for taxi services in Kenya and Ethiopia. Additionally, it plans to launch an EV race series in Kenya and has two acquisitions pending that could enhance its market penetration. Management will provide a detailed revenue presentation next week.

Alternet Systems, Inc. (OTC Pink: ALYI) has finalized terms for acquiring an electric vehicle (EV) motorsports business, expected to significantly boost revenue and brand awareness within the EV Ecosystem. This acquisition aligns with ALYI's strategy to be recognized as an EV industry leader. The company aims to establish an EV race series and technology hub in Kenya, emphasizing democratized participation through partnerships, such as with Revolt Token for financing. ALYI plans to finalize the acquisition within two weeks, furthering its commitment to EV solutions in Sub-Saharan Africa.

Alternet Systems, Inc. (USOTC: ALYI) has finalized terms for acquiring an electric vehicle (EV) motorsports business, aiming to enhance brand awareness and revenue. The company focuses on developing a comprehensive EV ecosystem in East Africa, targeting the sub-Saharan region. The acquisition aligns with ALYI's strategy to create an EV race series and technology hub in Kenya, positioning it as a vital aspect for EV businesses. The acquisition is expected to close within two weeks, and ALYI is collaborating with Revolt Token for funding through token sales.

Alternet Systems, Inc. (OTC Pink: ALYI) announced a second contract for electric vehicle deliveries in Africa, enhancing their revenue forecast for 2021. ALYI aims for $2 million in revenue from electric motorcycle sales, potentially exceeding this target with new agreements. The company has begun pilot deliveries of electric three-wheel vehicles in Addis Ababa, expanding to production orders with a goal of 100 vehicles per cycle. ALYI's ecosystem includes partnerships for financing growth through Revolt Tokens, aimed at democratizing participation in the EV market.