Earlier today, Alternet Systems,
Inc. (OTCQB: ALYI) announced the release of a research report from Caprock
Research, a leading provider of fee-based independent investment research
covering a growing assortment of publicly-traded companies. In the report,
Alternet received an ‘accumulate’ recommendation alongside a near-term price
per share (PPS) target of $0.05 and a long-term PPS target of $0.17.
To view the report in its
entirety, visit http://www.wallstreetcornerreport.com/alyi-report
The report gives prospective
investors insight into Alternet’s entrance into the mobile financial services
and mobile security industries in 2009, as well as its sale of Utiba America’s
assets in 2014. Last year, the company began offering its products and services
commercially – including retail and consumer payment mechanisms, fintech
solutions, point of sale infrastructure and, most recently, data analytics
tools and solutions. As a result, Alternet currently “sits at the intersection
of two large and quickly growing markets,” according to the Caprock Research
report. The global point of sale market was valued at $36.86 billion in 2013,
according to Transparency Market Research, while the market for data analytics
was estimated at $125 billion in 2015.
“Alternet has a successful history
of developing and commercializing young digital commerce technologies,” Henryk
Dabrowski, chief executive officer of Alternet, stated in a news release. “We
are now building upon that history to develop and commercialize an expanded portfolio
of new key technologies into the burgeoning big data analytics sector.”
Wall Street Corner, which
identified Alternet as a “promising, undervalued emerging technology leader” in
a special report last month (http://dtn.fm/gjZ3Z), engaged Caprock Research to
initiate ongoing research coverage of the company moving forward. An updated
report is expected to be released following the filing of Alternet’s 2015
audited financial report in the coming weeks.
For more information, visit www.alternetsystems.com
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