ALYI Announces New EV Strategic Opportunities Under Development
06/08/2022 - 09:00 AM
Dallas, Texas, June 08, 2022 (GLOBE NEWSWIRE) -- Alternet Systems, Inc (OTC Pink: ALYI) today announced the company’s business development discussions with third parties highlighted in a letter to shareholders from CEO Randell Torno on May 17th are gaining traction and generating new opportunities.
Last month, CEO Randell Torno provided an update
From the CEO’s May Update:
“We have developed a preliminary plan to prioritize our branded EV race and symposium and find opportunities to maintain our other EV ecosystem acceleration efforts through third parties that have the resources to capitalize the specific effort. We are moving quickly to engage with third parties and explore the viability of our preliminary plan. We have already entered conversations with multiple third parties.”
The company now reports that third party discussions have materialized to a stage where specific opportunities are being discussed. Next week, Mr. Torno plans to release another update to elaborate on the developing opportunities.
To learn more about ALYI, 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.
Contact:info@lithiumip.com
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ALYI Stock Data
Industry
Data Processing, Hosting, and Related Services
Sector
Information
Tags
Internet Software/Services, Technology Services, Packaged Software, Information, Data Processing, Hosting, and Related Services
About ALYI
alternet systems, inc. (alyi) invests in and partners with companies that are creating the future of money in the high growth, emerging technology fields of digital commerce, multichannel payments, and predictive analytics. vision: be the leading digital commerce, multichannel payments, predictive analytics solutions provider into global markets recognizing that the world is becoming increasingly dependent on technological conveniences, alternet systems aims to provide its customers with the tools to prepare themselves for a new era of digital commerce and payments, financial services and consumer information, and, most importantly, a new era of how to live. since 2010, alternet has maintained a progressive focus on the high-growth, mobile value-added service industries of mobile financial services and mobile security. in 2014, the company expanded its scope of expertise to include in its investment verticals the exciting digital commerce space, transforming the legacy electronic payme
