Dallas, TX – February 21, 2019 – Alternet Systems, Inc. (USOTC: ALYI) today announced that Goldman Small Cap Research issued an updated 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 new strategy, new orders, and upcoming milestones. To view the report, along with disclosures and disclaimers, visit http://www.GoldmanResearch.com.
Alternet Systems Goldman Small Cap Research Report Highlights
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.
The EV battery market is expected to reach the $93 billion mark by 2026. 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. Separately, the Company is working on an innovative hemp-based storage initiative which offers considerable promise.
In the Opportunity Research update, analyst Rob Goldman discusses the Company’s compelling positioning and exciting opportunities.
Goldman noted, “ALYI has been a huge winner over the past 9 months and we believe that these shares could double from current levels this spring. Buoyed by $1.5M in orders, meaningful progress on the hemp storage business and new business development on the horizon, ALYI has evolved into an emerging environmentally sustainable, energy storage solutions provider capable of growth in multiple markets. Thus, we reiterate our $0.09 price target.”
ALYI Is No One Trick Pony
“Not that a $1.5M initial order for its electric motorcycle isn’t a great start for any early-stage firm; still, its progress on the hemp energy storage illustrates its unique capabilities and growth opportunities in two, large, fast-growing markets. Progress on either front serve as a major driver for these shares.”
Management Setting Stage for New Pivot
“ALYI has demonstrated a knack for shrewd business development moves in its target markets. We anticipate next-stage initiatives to include new revenue streams, technology license opportunities, and/or partnerships to foster product development and deployment.”
Hemp Initiative is Step Ahead of Industry
“In our view, the notion of hemp energy storage is an application well ahead of pure play energy storage and hemp providers alike. As a result, the value of this application has not yet been fully reflected in the stock. With a series of news on the R&D front in the offing, ALYI is primed to reach new highs later this year,” concluded Goldman.
About Goldman Small Cap Research: Founded in 2009 by former Piper Jaffray analyst and mutual fund manager Rob Goldman, Goldman Small Cap Research produces sponsored and non-sponsored small cap and microcap stock research reports, articles, stock market blogs, and popular investment newsletters.
Goldman Small Cap Research is not in any way affiliated with Goldman Sachs & Co.
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.
Separate from the factual content of our report about the Company, we may from time to time include our own opinions about the Company, its business, markets and opportunities. Any opinions we may offer about the Company are solely our own, and are made in reliance upon our rights under the First Amendment to the U.S. Constitution, and are provided solely for the general opinionated discussion of our readers. Our opinions should not be considered to be complete, precise, accurate, or current investment advice. Statements herein may contain forward-looking statements and are subject to significant risks and uncertainties affecting results.
A Goldman Small Cap Research report, update, newsletter, article, trading alert, corporate profile, or press release is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed is to be used for informational purposes only. Please read all associated full disclosures, disclaimers, and analyst background on our website before investing. Neither Goldman Small Cap Research nor its parent is a registered investment adviser or broker-dealer with FINRA or any other regulatory agency. To download this research report or any of our research, view our disclosures and disclaimers, or for more information, visit www.goldmanresearch.com. Goldman Small Cap Research was compensated $6500 by the Company for research and distribution services, including the production of this press release.
About Alternet Systems, Inc.: Alternet Systems, Inc. (OTC – 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.
For more information, please visit: https://www.alternetsystemsinc.com/
Goldman Small Cap Research
Rob Goldman, Analyst
410-609-7100
Alternet Systems, Inc. Contact:
Randell Torno
info@lithiumip.com
+1-800-713-0297
Source: Alternet Systems, Inc.
DALLAS, Feb. 15, 2019 — Alternet Systems, Inc. (USOTC: ALYI) (“ALYI”) today announced a pending update to ongoing research coverage scheduled for release next week. Goldman Small Cap Research is engaged by ALYI to provide ongoing coverage. Goldman’s most recent report includes a ‘speculative-buy’ rating with a target price-per-share of $0.09. However, the current report predates ALYI’s initiation of its hemp energy storage initiative, the finalization of $1.5 million in electric vehicle orders and ALYI’s targeting of the acquisition of a shuttered start-up electric car manufacturing facility. For the current report, along with disclosures and disclaimers, visit https://www.alternetsystemsinc.com/research-rpt/ or http://www.GoldmanResearch.com. The updated report is anticipated for release on Wednesday next week on February 20, 2019.
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. ALYI also recently brought Clarkson University Professor David Mitlin on board to lead a hemp energy storage initiative. Mitlin has successfully used hemp bast – the fiber left over from processing hemp – to construct carbon nanosheets that compete with, and in some respects, outperform the supercapacitor performance derived from more typical graphene nanosheets. Mitlin holds a US patent for his proprietary hemp energy storage technology.
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.
For more information, please visit: http://www.alternetsystemsinc.com
Alternet Systems, Inc. Contact:
Randell Torno
info@lithiumip.com
+1-800-713-0297
Source: Alternet Systems, Inc.
Our mission is to innovate solutions to the global energy storage capacity shortage.
The price of lithium as a commodity is an entirely different subject.
Energy Storage
The Alternet Systems management team has worked together for years in a variety of capacities separate from Alternet. Much of their experience together was in the military or working with the military. Their time in the military included working with a variety of electronic information and communications systems and combat systems. All of these systems required ruggedized and sustainable energy storage solutions. More recent experience that ultimately led up to the management team coming together to build the Alternet operation involved working with university research and development departments experimenting with various energy storage technologies – primarily graphene-based supercapacitors. Current graphene-based supercapacitors can now store almost as much energy as lithium-ion batteries, charge and discharge in seconds and maintain all this over tens of thousands of charging cycles. Nevertheless, we caught the Lithium-Ion fever and threw ourselves into building an in-vogue portfolio of Lithium technologies in partnership with a Fortune-500 company. Long story, very short, we re-learned that the race for solving the global energy storage shortage problem is not necessarily about using Lithium more efficiently or taping into a yet undiscovered new source of Lithium. Any limitation on the availability of Lithium is a separate issue and one convenient for commodity brokers that use a limited supply story, and an alleged demand to drive up Lithium commodity prices.
We’ve re-centered Alternet’s strategy on finding innovative solutions to energy storage shortages, and those innovative solutions do not necessarily need to come from Lithium-Ion based technology. We’re exploring a variety of energy storage research and development initiatives and much of the leading development is being conducted at universities. We’re looking to structure partnerships with the research and development organizations to commercialize their technology by building that technology into specific applications.
Graphene, as we mentioned above, has long been seen a subject of research for future energy needs. Other alternatives being researched include fuel cells, photosynthesis, solid state technologies, sodium-ion, solar, foam, aluminum graphite, and sand. Most of these are safer and more abundant than Lithium.
Lithium is arguably central to the most currently viable energy storage solutions, but it is far from being the long-term best solution. Better materials in more abundant supply exist and just need to catch up to the research and development head start that Lithium, for the time being, enjoys.