STOCK TITAN

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 (OTC Pink: ALYI) announced plans for two strategic acquisitions targeting the East African market, scheduled for November. The first acquisition aims to integrate ALYI into Kenya's motorcycle taxi market, enhancing profitability by adding higher-margin revenues. The second acquisition will support ALYI's initiative to launch an annual brand-name EV race in Kenya, further boosting revenue potential. The company anticipates $2 million in revenue from electric motorcycle sales in Africa.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.59%
Tags
-
Rhea-AI Summary

Alternet Systems, Inc. (ALYI) announced the shipment of 2,000 electric motorcycles to Kenya, set to serve as motorcycle taxis starting November 30, 2021. The company aims to achieve a revenue target of $2 million in 2021 from these sales. ALYI focuses on developing an Electric Vehicle (EV) Ecosystem to enhance EV adoption in East Africa, including partnerships for financing through Revolt Tokens. This initiative establishes a comprehensive support system for electric vehicles, from design to infrastructure.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.73%
Tags
none
-
Rhea-AI Summary

Alternet Systems (OTC Pink: ALYI) has announced the shipment of 2,000 electric motorcycles to Kenya, set to begin on November 30, 2021, for use as motorcycle taxis, known as boda-bodas. This move aligns with ALYI's target to achieve $2 million in revenue for 2021 from electric motorcycle sales. The company aims to expand its Electric Vehicle Ecosystem in East Africa, facilitating broader access to electric vehicles through partnerships like Revolt Token, which finances ALYI's growth.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.73%
Tags
none
Rhea-AI Summary

On October 13, 2021, Alternet Systems, Inc. (ALYI) showcased its Retro Revolt Electric Motorcycle prototype in final assembly. This second prototype features a rear hub motor, enhancing battery capacity. ALYI aims to establish a comprehensive electric vehicle ecosystem, partnering with iQSTEL to create a specialized battery solution. The company plans to generate $2 million in revenue by year-end through sales in Africa's motorcycle taxi market, signaling its ambition to innovate in developing regions. ALYI is also collaborating with Revolt Token to finance operations via token sales.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.26%
Tags
none
-
Rhea-AI Summary

Alternet Systems, Inc. (OTC Pink: ALYI) has showcased its second Retro Revolt Electric Motorcycle prototype, featuring a redesigned rear hub motor to enhance battery capacity. ALYI aims to advance its electric vehicle intellectual property while launching a limited series of motorcycles in North America. The company is also focusing on introducing electric motorcycles into Africa's motorcycle taxi market, projecting to generate $2 million in revenue by year-end. ALYI has partnered with Revolt Token for financing, aiming to create an electric vehicle ecosystem.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.66%
Tags
none
-
Rhea-AI Summary

Alternet Systems (ALYI) announced plans to establish a sustainable electricity production facility in Africa by year-end, part of its electric vehicle ecosystem strategy. ALYI anticipates generating $2 million in revenue from electric motorcycle sales this year. The company aims to innovate electric transportation in developing regions, where market saturation is low. Additionally, ALYI partnered with Revolt Token to facilitate growth through democratized participation in its ecosystem.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.69%
Tags
none
Rhea-AI Summary

Alternet Systems, Inc. (OTC Pink: ALYI) has announced ongoing discussions for a business agreement aimed at establishing a sustainable electricity production facility in Africa by year-end. This initiative is part of ALYI’s comprehensive electric vehicle ecosystem strategy. The company also expects to generate its first revenue of $2 million from electric motorcycle sales within this fiscal year. ALYI's management highlights the opportunity for electric vehicles in developing markets, where traditional transportation systems are less entrenched.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.69%
Tags
none
-
Rhea-AI Summary

Alternet Systems, Inc. (ALYI) announced that production has started for an order of 2,000 electric motorcycles for the Kenyan market, aimed for use as boda-bodas (motorcycle taxis). The company aims to achieve a revenue target of $2 million in 2021 from these sales. ALYI is focused on developing an Electric Vehicle Ecosystem in East Africa and plans to expand globally. The ecosystem includes vehicle design, charging infrastructure, and democratized financing through partnership with ReovltTOKEN, which enables public participation in their growth strategy.

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

Alternet Systems, Inc. (OTC Pink: ALYI) has announced the commencement of production for an order of 2,000 electric motorcycles to operate as boda-bodas in Kenya. This initiative aligns with ALYI's goal to achieve a revenue target of $2 million from these sales in 2021. The company's strategy focuses on developing a comprehensive Electric Vehicle Ecosystem to capitalize on the East African market and intends to expand globally. Additionally, ALYI is partnering with RevoltTOKEN to facilitate investment in its EV ecosystem through token sales.

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

Alternet Systems, Inc. (ALYI) announced the start of production for 2,000 electric motorcycles for use as boda-bodas in Kenya. This initiative aligns with ALYI's goal to achieve a $2 million revenue target in 2021 from these sales. The company aims to establish a comprehensive Electric Vehicle Ecosystem in East Africa, focusing on both vehicle design and support infrastructure. To fund growth, ALYI has partnered with ReovltTOKEN to enable investment in its ecosystem through token sales.

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

FAQ

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

The current stock price of ALTERNET SYSTEMS (ALYI) is $0.001 as of December 24, 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

ALYI Rankings

ALYI Stock Data

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