DALLAS, September 18, 2018 /PRNewswire/ --
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.alternetsystemsinc.com or 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 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 recently 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 update, analyst Rob Goldman discusses the Company's compelling positioning, exciting opportunities, and innovative subsidiary spin-off plans.
Goldman noted, "Since our initiation of coverage in May 2018, ALYI has evolved from an R&D firm to an innovative, revenue-generating company with a revised approach that could generate greater results than originally forecast. Management has revised its approach from offering products exclusively using Lithium-ion battery solutions to engaging in an agnostic energy storage approach to its markets. ALYI is now free to utilize best-of-class and best price approaches, including graphene, solar, fuel cells, sodium-ion and others. This shift offers greater upside, in our view."
"ALYI recently received its first order for its ReVolt Electric Motorcycle, a 100-unit order valued at $1 million, to support a new inner-city shared ride initiative in Africa. We believe this that this deal will result in follow-on orders and new sales to other channels and geographies. An announcement by Uber that it is now targeting the use of motorbikes and scooters for short trips is clearly having an impact on interest in the space," Goldman commented.
"As ReVolt achieves production, design and sales milestones, the value of ALYI and this subsidiary, prior to its future public company spin-off, could serve as major catalysts for ALYI shareholders. Plus, entrance into new markets such as the military could prove to be a bonus for investors, " 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 http://www.goldmanresearch.com. Goldman Small Cap Research was compensated $5000 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: http://www.alternetsystemsinc.com
Goldman Small Cap Research
Rob Goldman, Analyst
SOURCE Goldman Small Cap Research and Alternet Systems, Inc.