ALYI Outlook To Expand Initial 2021 $2 Million EV Order To $10 Million In 2021 Is Improving In Wake Of Recent Cryptocurrency Program Announcement
Alternet Systems (OTC Pink: ALYI) is experiencing increased optimism for electric vehicle (EV) sales in Africa, fueled by a $2 million electric motorcycle order.
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Rhea-AI Summary
Alternet Systems (OTC Pink: ALYI) is experiencing increased optimism for electric vehicle (EV) sales in Africa, fueled by a $2 million electric motorcycle order. This order, received at the end of last year, is expected to impact ALYI's 2021 annual report. The company aims to grow this order to $10 million in 2022. A new program allowing the purchase of ALYI motorcycles using Revolt Tokens has been launched, additionally boosting confidence in achieving sales targets in Nigeria.
Positive
- Received a $2 million electric motorcycle order in Africa.
- Plans to increase the initial order to $10 million in 2022.
- Launched a new program accepting Revolt Tokens for motorcycle purchases.
Negative
- None.
Details
News Market Reaction – ALYI
The recorded move for ALYI in the trading session of this news was -10.98%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Dallas, Texas, March 08, 2022 (GLOBE NEWSWIRE) -- Alternet Systems, Inc.’s (OTC Pink: ALYI) today announced improved optimism for increased electric vehicle EV sales in Africa. ALYI received and began fulfilling a
ALYI recently announced a new program where the company will accept Revolt Tokens (RVLT) in exchange for the purchase of ALYI electric motorcycles in a managed commercial purchase program.
Following the new program announcement, ALYI received a proposal for a substantial order to go into service in Nigeria.
Based on further developments with the new opportunity in Nigeria, ALYI management’s confidence in reaching the 2022
Interested ALYI electric motorcycle buyers through the new RVLT/ALYI program can contact ALYI to explore purchase and program specifics at into@lithiumip.com.
Learn more about Revolt Token at https://rvlttoken.com/.
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.
Alternet Systems, Inc.
Randell Torno
info@lithiumip.com
+1-800-713-0297
FAQ
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