Dallas, TX, April 6, 2021 – Alternet Systems, Inc. (OTC Pink: ALYI) today announced it has received a new investment proposal intended to fund a specific opportunity expanding the company’s overall electric vehicle ecosystem vision and strategy.
Management reports an increase in strategic investment and partnership interest since the recent publishing of a video demonstrating the company’s first electric motorcycle intended to highlight ALYI’s overall electric vehicle ecosystem business plan.
The investment proposal and corresponding expansion of the electric vehicle ecosystem announced today, is the first to near completion of a number of new opportunities now in ALYI’s business development pipeline.
If the contemplated deal announced today comes together on the anticipated terms, it will represent an electric vehicle deployment sector expansion beyond ALYI’s current rideshare entry point. It will also bring a geographic expansion opportunity beyond ALYI’s current East African concentration. The investment structure as contemplated would confirm ALYI’s current value potential and introduce an opportunity to substantially contribute to ALYI’s balance sheet over the next year.
Learn more about ALYI’s overall Electric Vehicle Ecosystem Strategy.
Find out how to participate in ALYI’s Electric Vehicle Ecosystem Strategy through the purchase of a dedicated cryptocurrency, Revolt Token (RVLT) on the RevoltTOKEN website:
For more information and to stay up to date on ALYI’s overall latest developments, please visit www.alternetsystemsinc.com.
Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company’s current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies’ contracts, the companies’ liquidity position, the companies’ ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.
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