September 3, 2021 -- InvestorsHub NewsWire -- via pennymillions -- 

 

Alternet Systems, Inc. (ALYI)By: Manshi Mamtora, CFA



 
  • Alternet Systems (OTCPK:ALYI) plans to generate revenue not just from the sale of EVs, but also, for instance, from the rideshare business the company is delivering EVs to.
  • Company does have a consumer electric motorcycle it plans to bring to market before the end of 2021, and it will be priced much less than a SUV.
  • The electric motorcycle business also provides the potential for higher profit margins than typical EV businesses are designed to generate.
  • A brief look into the company financials here.
  • A comparative price performance of the stock against its peers on a YTD basis.

 

 


Source - https://seekingalpha.com/news/3737170-alternet-systems-to-reach-1m-in-sales-with-a-gross-margin-beating-competitors?mail_subject=alyi-alternet-systems-to-reach-1m-in-sales-with-a-gross-margin-beating-competitors&utm_campaign=rta-stock-news&utm_content=link-3&utm_medium=email&utm_source=seeking_alpha

Other stocks on the move include CYBN, RGBP and BABL.

 

SOURCE: pennymillions
 

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