DALLAS, July 11, 2017 /PRNewswire/ --
Alternet Systems, Inc. (USOTC: ALYI) today announced exiting the financialindustry with North American Cannabis Holdings, Inc. (USOTC: USMJ) acquiring ALYI's retail point of sale (POS) technology assets. The two companies have previously been working together on a cannabis POS pilot project. USMJ will now move forward on
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. These statements have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure or prevent any disease.
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SOURCE Alternet Systems, Inc.
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