- PR Newswire•last monthNorth American Cannabis Holdings and Alternet Systems Sign Letter of Intent to Bring Cannabis Retail Payment System to Market
North American Cannabis Holdings, Inc. (USMJ) today announced entering into a Letter of Intent agreement with Alternet Systems, Inc. (ALYI). The agreement is a preliminary step toward a more comprehensive contract whereby Alternet would acquire from North American Cannabis Holdings select assets intended to enable Alternet to introduce a cannabis retail payment system. The intended comprehensive agreement between the two companies includes a contemplated dividend issuance of Alternet common stock to the shareholders of North American Cannabis Holdings. North American Cannabis Holdings entered the cannabis sector in 2013 with a strategy to pilot various cannabis sector enterprises. The Company planned to facilitate the financing necessary to expand successful pilot projects by spinning graduating projects off into standalone public companies. The first spinoff was executed last year when Puration, Inc. (PURA) acquired graduating pilot project assets from North American Cannabis Holdings in exchange for Puration preferred stock. A portion of the Puration preferred stock was designated for conversion into common stock and issuance to North American Cannabis Holdings shareholders. The Puration spinoff and dividend is in general a template for the contemplated transaction between North American Cannabis Holdings and Alternet.
- PR Newswire•last monthAlternet Systems Publishes Status Update and Highlights its Anticipated Entry into the Cannabis Sector Following Recent North American Cannabis Holdings Announcement
Alternet Systems, Inc. (ALYI) today released a shareholder update following the recent announcement by North American Cannabis Holdings, Inc. (USMJ) regarding contract discussions between Alternet and North American Cannabis Holdings. The purpose of this update is to confirm the ongoing discussions with North American Cannabis Holdings, and to provide further updates on Alternet's current status in the financial software industry, in addition to highlighting Alternet's future plans in the cannabis sector.
- PR Newswire•9 months ago
Where big company sales used to be driven by "mass-marketing" campaigns, marketing today is focused on "microsegments and hyper localization." Instead of designing campaigns that appeal to the mass, with the reach of today's social media technologies, marketing campaigns are designed for very specifically defined populations and even designed for the individual consumer. The input for such microsegmented and hyper localized campaigns starts with Big Data Analytics. Capturing and organizing sales transaction data, to study and improve the efficiency and efficacy of future marketing programs, is a competitive advantage almost exclusively available to the largest corporations that can bankroll the development of proprietary, multi-million software solutions. Alternet is rolling out a Data Analytics solution available as a service to level the $125 Billion Big Data Analytics playing field between the Fortune 500 and everybody else.
ALYI : Summary for ALTERNET SYSTEMS I COM USD0.000 - Yahoo Finance
Alternet Systems, Inc. (ALYI)
Other OTC - Other OTC Delayed Price. Currency in USD
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|Day's Range||0.02 - 0.02|
|52 Week Range||0.00 - 0.06|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||4.30|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|