Alternet Systems Inc Announces Another Fleet ReVolt Electric Motorcycle Order Improving on $1 Million 2018 Revenue Outlook
PR Newswire
DALLAS, November 1, 2018
DALLAS, November 1, 2018 /PRNewswire/ --
Alternet Systems, Inc. ALYI today announced a third fleet order for ReVolt Electric Motorcycles. The company has recently announced a 100 electric motorcycle order in Africa and a 25 electric motorcycle order in Austin, Texas. The order today is for another 25 electric motorcycles intended for San Antonio, Texas. The company anticipates realizing over $1 million in revenue for 2018 by completing the pilot testing of the Revolt Electric Motorcycle and triggering corresponding contract payments on the three fleet orders announced so far. Ongoing fleet sales developments are in the works.
Goldman Small Cap Research recently 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 https://www.alternetsystemsinc.com/research-rpt/
or http://www.GoldmanResearch.com.
About Alternet Systems, Inc.: Alternet Systems, Inc. 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: www.alternetsystemsinc.com
Alternet Systems, Inc. Contact:
Randell Torno
info@lithiumip.com
+1-800-713-0297
SOURCE Alternet Systems, Inc.
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