Alternet Systems, Inc. (ALYI)
Alert Price: $0.0073
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We've just uncovered another great opportunity trading on the OTC markets.
The Company is Alternet Systems, Inc. (ALYI), and we suggest that you add it to the top of your watchlist immediately.
ALYI is focused on offering varied, environmentally sustainable, energy storage solutions for targeted markets, including consumer electric vehicles and military applications. The first product category is lithium battery-powered motorcycles, to be followed by motorbikes. These products are released through its newly launched ReVolt Electric Motorbikes subsidiary. https://www.revoltmotorbikes.com
From a technical standpoint it appears that a big move could be in the making for ALYI.
The Stock has moved above middle
MA's are crossing and aligning bullishly
close above Fibonacci
ALYI could gain a lot of market attention this week which could serve as an additional catalyst.
An anticipated article on the industrialization of Africa to be published this week and will include an interview with Randell Torno, the CEO of ALYI discussing his experience with ALYI in Africa. Mr. Torno holds a PhD in Public Policy and Political Economics from the University of Texas.
ALYI – Alternet Systems $50 Million EV Project Opportunity Could Trigger $300 Million More In Revenue Over 10 Years
Last week ALYI released their management update. Here are some of the talking points.
ALYI Hemp and Lithium Alternative Energy Strategy Summary
Hemp Energy Storage Partnership and Acquisition Pipeline Update
Existing $250,000 Annual Revenue Detailed
Confirms $20 Million Electric Motorcycle Contract
$50 Million Near Term Revenue Potential Featured
$300 Million 10 Year Revenue Potential Revealed
CEO Expertise As PhD In Public Policy and Political Economics Featured In Upcoming Article On Industrialization of Africa Highlighted
ANCE and NOUV Partnerships Included In Update
The company recently published its year-to-date financials through Q2 2019 ending June 30th. The company has made substantial progress on its alternative energy business plan since entering the alternative energy sector when it acquired Lithium IP Holdings on July 21, 2017. The purpose of the update today is to summarize the company’s progress, highlight key milestones and feature major objectives. The management update is included below in its entirety.
ALYI Management Update
On July 21, 2017, the Company acquired Lithium IP Holdings in a transaction that included a management and business direction change. From July, 2017 forward, the company entered the alternative energy sector.
In 2017, Lithium IP Holdings exclusively licensed ten U.S. Patented lithium battery technologies with an option to acquire the ten U.S. Patents. Lithium battery technology research and development was the beginning of the company’s alternative energy strategy. The company’s strategy has expanded substantially past the ten Patents since that time. That expansion will be elaborated upon herein.
When ALYI acquired Lithium IP Holdings, Randell Torno was named the new Alternet Systems Chairman and CEO . Edward Bollen, the President of Lithium IP Holdings, also joined the Altnernet Systems management team. Randy Torno and Ed Bollen have worked together for years on multiple projects spanning across various energy niche markets with particular focus on the government sector and with expansive experience within developing economic countries. The management team is now in transition to best facilitate the company’s forward progress. Though roles are changing, Randy Torno and Ed Bollen will both remain involved with company for the foreseeable future. More on the transition will be included later in this update.
Application Integration and Corresponding R&D
ALYI’s alternative energy strategy is integration and application focused. In other words, ALYI finds existing alternative energy innovations and integrates those innovations into practical applications. The integration typically requires further research and development for the innovation. Today, ALYI concentrates on transportation applications and a variety of military applications. ALYI continues to work on its founding lithium innovations integration and ongoing research and developments, and has since added hemp supercapacitors. Last year, ALYI engaged the holder of a hemp supercapacitor patent as a consultant to kick start ALYI’s hemp alternative energy initiative and the company remains committed to developing commercial hemp energy solutions.
ALYI today has a number of application integration and corresponding research and development projects. Below are some leading highlights and anticipated next milestones:
Hemp Energy Developments and NOUV Partnership
The company’s hemp energy solution initiative is centered largely on the ongoing development of key partnerships and the acquisition of key technologies. The company has laid out a series of milestones toward the end objective of a hemp centric energy storage solution. Hemp centric energy storage requires the consolidation of several coordinating technologies. The hemp supercapacitor is only one. ALYI has endeavored to consolidate the additional coordinating technologies through partnerships and the acquisition of businesses with other coordinating technologies. The company has nominated a short list of specific hemp energy storage application candidates around one of which the company plans to forge the prospective partnerships and acquisitions. Management believes a breakthrough triggering the fruition of the partnerships and acquisitions is on the horizon. Look for news anticipated soon.
As part of its ongoing hemp energy research and development, ALYI has engaged with a cannabis cultivation company to access hemp materials. ALYI is working with the licensed hemp cultivator, Nouveau, Inc. (NOUV). NOUV is anticipating its first U.S. hemp harvest within the next four weeks.
Military Alternative Energy Applications
A review of management’s experience reveals a robust military background. Based on that background, the company has been engaged in a long-term consulting agreement to explore defense oriented alternative energy applications. The company’s financial statements reflect a near quarter of a million dollars in annual revenue generated from the consulting agreement. Management anticipates the consulting agreement to develop into one or more specific projects to integrate alternative energy innovations into defense applications. Management further anticipates that such an integration project is soon approaching. Look for news anticipated soon.
Electric Motorcycles; Shared Rides; Africa and ANCE
ALYI continues to advance toward the fruition of an initial $20 million order for its own ReVolt Electric Motorcycle With Side Car. Earlier this year, the company signed a letter of intent (LOI) for a comprehensive project to manufacture electric motorcycles in Africa that included an initial $20 million order. ALYI, so far, has met all milestones required in the LOI. Most recently, the company wrapped-up meetings in Dallas with its African production partner to finalize ALYI’s industrial design specifications plan. An updated prototype electric motorcycle is anticipated to soon be completed based on the finalized industrial design specifications plan. Once the updated prototype is tested and accepted, production is expected to begin soon. The production will initiate rapidly as an existing production line is expanded to accommodate the production of ALYI’s ReVolt Electric Motorcycle.
The ReVolt Electric Motorcycle African production is centered on producing vehicles for a shared ride business in Africa. Motorcycle taxis are already accepted by the market in Africa and a strategy to transition existing ride share gas motorcycles to electric motorcycles provides ALYI a rapid growth opportunity.
The ReVolt Electric Motorcycle Project in Africa also comes with a potential strategic partnership with a globally recognized brand name. This partnership would likely enhance the sales potential of the overall ReVolt Electric Motorcycle in Africa. Regardless, provided the partnership comes together as currently anticipated, the partnership would account for substantial revenue estimated to reach $30 million annually for six to ten years – a total potential of $300 million in revenue over 10 years. ALYI is working closely with Restance, Inc. ( ANCE ) in the development of the $30 million annual revenue opportunity. The two companies anticipate the project achieving a major milestone within the next two months. Look for news anticipated soon.
ALYI and ANCE recently announced a coming senior management transition. The transition is largely structured around the project mentioned above anticipated to generate a potential $30 million annually in partnership with ANCE . The transition moves existing management into positions where they can appropriately dedicate time and specific skills to the project. Randy Torno has been the CEO of both ALYI and ANCE . Ed Bollen, the current President of ALYI is transition into the role of ANCE CEO and Randy Torno will then be solely the CEO of ALYI.
CEO Randell Torno Interviewed With Other Experts On African Industrialization
An interview featuring ALYI CEO Randell Torno will be published tomorrow, September 10, 2019. In the interview Mr. Torno will be discussing the industrialization of Africa where he uses ALYI’s electric vehicle ( EV ) project in Africa as an example. Mr. Torno holds a PhD in Public Policy and Political Economics from the University of Texas. ALYI is advancing a project in Africa to assemble and sell electric motorcycles in Africa. The project includes an initial $20 million order and the potential to sign a related electric vehicle project that could generate $30 million per year for a duration of six to ten years for a potential total of $300 million over 10 years. ALYI recently published a management update with more details on the company’s electric vehicle initiative in Africa.
Randy Torno holds a PhD in Public Policy and Political Economics from the University of Texas. Outside of ALYI he is a recognized expert on government policy in developing economic regions with extensive hands on experience in Africa. An interview that includes Randy Torno on the subject of the growing industrialization of Africa will be published next week. Mr. Torno’s comments are anticipated to include discussion regarding his hands-on experience with ALYI in Africa. Look for a press release from ALYI when the article is published.
ALYI Confirms $20 Million Electric Motorcycle Contract
Last month, the Company announced the successful wrap-up of the previously announced meetings conducted in Dallas over the previous two weeks with its African production partner. The focus of the meetings was to finalize ALYI’s industrial design specifications plan for the ReVolt Electric Motorcycle to be mass produced for sales in Africa. In April, ALYI announced agreements from Africa worth $50 million. At that time, the company announced a Letter of Intent (LOI) for a ReVolt Electric Motorcycle assembly plant in Kenya that includes an initial $20 million order of 2,000 ReVolt Electric Motorcycles. The company published a presentation following the LOI to further detail the assembly plant LOI and the supplemental aspect of the agreement to create over $50 million in value from the ALYI African strategy and how the African strategy fits into the Company’s overall business plan. The meetings in Dallas were a success. The $20 million contract is on track. The supplemental $30 million opportunity is also advancing. The $30 million in additional revenue potential involves a six-year contract where the $30 million would a recurring annual revenue over the six-year duration of the anticipated contract. Look for more news on this developing opportunity coming soon.
EV Market Outlook
Electric mobility is expanding at a rapid pace. In 2018, the global electric car fleet exceeded 5.1 million, up 2 million from the previous year and almost doubling the number of new electric car sales. The People’s Republic of China remains the world’s largest electric car market, followed by Europe and the United States. Norway is the global leader in terms of electric car market share.
Policies play a critical role. Leading countries in electric mobility use a variety of measures such as fuel economy standards coupled with incentives for zero- and low-emissions vehicles, economic instruments that help bridge the cost gap between electric and conventional vehicles and support for the deployment of charging infrastructure. Increasingly, policy support is being extended to address the strategic importance of the battery technology value chain.
Technology advances are delivering substantial cost cuts. Key enablers are developments in battery chemistry and expansion of production capacity in manufacturing plants. Other solutions include the redesign of vehicle manufacturing platforms using simpler and innovative design architecture, and the application of big data to right size batteries.
Private sector response to public policy signals confirms the escalating momentum for electrification of transport. In particular, recent announcements by vehicle manufacturers are ambitious regarding intentions to electrify the car and bus markets. Battery manufacturing is also undergoing important transitions, including major investments to expand production. Utilities, charging point operators, charging hardware manufacturers and other power sector stakeholders are also boosting investment in charging infrastructure.
These dynamic developments underpin a positive outlook for the increased deployment of electric vehicles and charging infrastructure. In 2030, in the New Policies Scenario, which includes the impact of announced policy ambitions, global electric car sales reach 23 million and the stock exceeds 130 million vehicles (excluding two/three-wheelers). In the EV30@30 Scenario, which accounts for the pledges of the EVI EV30@30 Campaign to reach 30% market share for electric vehicles ( EVs ) by 2030 (excluding two/three-wheelers), EV sales reach 43 million and the stock is more than 250 million. Projected EV stock in the New Policies Scenario would cut demand for oil products by 127 million tonnes of oil equivalent (Mtoe) (about 2.5 million barrels per day ) in 2030, while with more EVs in the EV30@30 Scenario the reduced oil demand is estimated at 4.3 mb/d. Electricity demand to serve EVs is projected to reach almost 640 terawatt-hours (TWh) in 2030 in the New Policies Scenario and 1 110 TWh in the EV30@30 Scenario.
On a well-to-wheel basis, greenhouse gas (GHG) projected emissions from EVs will continue to be lower than for conventional internal combustion engine (ICE) vehicles. In the New Policies Scenario, GHG emissions of the EV fleet reach almost 230 million tonnes of carbon-dioxide equivalent (Mt CO2-eq) in 2030, offsetting about 220 Mt CO2-eq emissions. In the EV30@30 Scenario, the assumed trajectory for power grid decarbonisation is consistent with the IEA Sustainable Development Scenario and further strengthens GHG emission reductions from EVs .
An average battery electric and plug-in hybrid electric cars using electricity characterised by the current global average carbon intensity (518 grammes of carbon-dioxide equivalent per kilowatt-hour ) emit less GHGs than a global average ICE vehicle using gasoline over their life cycle. But the extent ultimately depends on the power mix: CO2 emissions savings are significantly higher for electric cars used in countries where the power generation mix is dominated by low-carbon sources. In countries where the power generation mix is dominated by coal, hybrid vehicles exhibit lower emissions than EVs .
The EV uptake and related battery production requirements imply bigger demand for new materials in the automotive sector, requiring increased attention to raw materials supply. Traceability and transparency of raw material supply chains are key instruments to help address the criticalities associated with raw material supply by fostering sustainable sourcing of minerals. The development of binding regulatory frameworks is important to ensure that international multi-stakeholder co-operation can effectively address these challenges. The battery end-of-life management – including second-life applications of automotive batteries, standards for battery waste management and environmental requirements on battery design – is also crucial to reduce the volumes of critical raw materials needed for batteries and to limit risks of shortages.
Absent adjustments to current transport-related taxation schemes, the increasing uptake of electric vehicles has the potential to change the tax revenue base derived from vehicle and fuel taxes. Gradually increasing taxes on carbon-intensive fuels, combined with the use of location-specific distance-based charges can support the long-term transition to zero-emissions mobility while maintaining revenue from taxes on transportation.
About Alternet Systems Inc.
Alternet Systems, Inc. is focused on offering varied, environmentally sustainable, energy storage solutions for targeted markets, including consumer electric vehicles and military applications. The first product category is lithium battery-powered motorcycles, to be followed by motorbikes. These products are released through its newly launched ReVolt Electric Motorbikes subsidiary.
For more information, please visit: http://www.alternetsystemsinc.com
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