Dallas, TX – May 1, 2018 – Alternet Systems, Inc. (USOTC: ALYI) today announced that Goldman Small Cap Research issued a new research report on the Company. The report includes a “speculative-buy” rating with a target price-per-share of $0.09. The report provides an in-depth overview and analysis of Alternet’s patented lithium battery technology portfolio and the first application of the technology in an electric motorcycle being produced by an Alternet subsidiary. To view the report, along with disclosures and disclaimers, visit www.lithiumip.com/research-rpt or www.GoldmanResearch.com.
Alternet Systems Goldman Small Cap Research Report Highlights
The first product category in which a first run of production will be introduced this year, is lithium battery-powered motorcycles, to be followed by motorbikes. These products will be released through its newly launched ReVolt Electric Motorbikes subsidiary. The expected growth in the fuel cell electric vehicle market is enormous and management has targeted a key segment that offers significant potential. According to a just-released report by Global Market Insights, the market is slated to surpass the $9 billion mark by 2024. Moreover, e-bikes, ReVolt’s flagship product segment, is expected to account for as much as nearly 25% of the entire fuel cell vehicle market—yet it is not as crowded as the traditional electric vehicle market, which serves as a major advantage for the Company.
In the Opportunity Research report, analyst Rob Goldman discusses the Company’s compelling positioning, exciting opportunities, and innovative subsidiary spin-off plans.
Goldman noted, “Huge industry sales growth and market penetration is expected in emerging markets, as a result of the relative affordability and practicality of e-bikes over automobiles and as a replacement for current motorbikes. With an installed base of motorcycles and motorbikes that dwarfs automobiles, industry estimates could prove to be conservative. “
“Meanwhile in the U.S., ReVolt’s first new product, a stylish, retro motorcycle, Classic Electric Motorbike with Sidecar will be powered by an electric motor utilizing an Alternet Systems designed lithium battery solution. This classic design has been seen in movies to include The Great Escape. Future products will target emerging markets, where demand is high for daily use motorbikes, Goldman commented.
“Looking ahead, Alternet’s innovative subsidiary public spin-off strategy is a tool which should increase shareholder value and enable companies to operate in their own vertical categories, using the lithium IP technologies, concluded Goldman. “ReVolt’s spin-off is expected to occur in the coming quarters.”
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This press release contains excerpts of our most recently published sponsored company research report on Alternet Systems, Inc. which carries a rating and a price target. The information used and statements of fact made have been obtained from sources considered reliable but we neither guarantee nor represent the completeness or accuracy. Goldman Small Cap Research relied solely upon information derived from Alternet Systems, Inc. (“the Company”) authorized press releases or legal disclosures made in its filings with the U.S. Securities and Exchange Commission http://www.sec.gov.
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About Alternet Systems, Inc.
Alternet Systems, Inc. is leveraging its key lithium battery technologies patent agreement to introduce innovative, environmentally sustainable products to various consumer markets. The first product category in which a first run of production will be introduced this year, is lithium battery-powered motorcycles, to be followed by motorbikes. These products will be released through its newly launched ReVolt Electric Motorbikes subsidiary.
For more information, please visit: www.LithiumIP.com
Alternet Systems, Inc. Disclosures:
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.
Goldman Small Cap Research
Rob Goldman, Analyst
Alternet Systems, Inc. Contact: