DALLAS, Sept. 05, 2019 (GLOBE NEWSWIRE) — via OTC PR WIRE —
Alternet Systems, Inc. (USOTC: ALYI) (“ALYI”) today confirmed the
company is engaged in the development of a project that could result in
the signing of an electric vehicle project that could generate $30
million per year for a duration of six to ten years for a potential
total of $300 million over 10 years. The project details were included
as part of a scheduled management update published by the company
yesterday. The company indicated in the update yesterday that a coming
milestone announcement on the $300 million project is anticipated soon.
The overall purpose of the update published yesterday is to summarize
the company’s progress, highlight key milestones and feature major
objectives. To view the entire update, follow the link below:
Alternet Systems $50 Million EV Project Opportunity Could Trigger $300 Million More In Revenue Over 10 Years
For more information, please visit: http://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. Contact:
+1-800-713-0297 Source: Alternet Systems, Inc.
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