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Dallas, Texas (Newsfile Corp. - April 8, 2021) - Alternet Systems, Inc. (OTC Pink: ALYI) today announced executing a new agreement substantially expanding the company s overall electric vehicle ecosystem vision and strategy.
The new agreement represents an electric vehicle deployment sector expansion beyond ALYI s current rideshare entry point. It also brings a geographic expansion opportunity beyond ALYI s current East African concentration.
The multitiered deal includes a new strategic investment into ALYI with a structure that management views as a confirmation of ALYI s current value potential. The investment structure also introduces an opportunity to substantially contribute to ALYI s balance sheet over the next year.
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