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Electrovaya Inc T.ELVA

Alternate Symbol(s):  ELVA

Electrovaya Inc. is a Canada-based lithium-ion battery technology and manufacturing company. The Company designs, develops and manufactures lithium-ion batteries and battery systems for energy storage, clean electric transportation, heavy duty electric vehicles and other specialized applications based on its Infinity Battery Technology Platform. The Company is focused on contributing to the prevention of climate change by supplying safe and long-lasting lithium-ion batteries. The Company is also developing next generation solid state battery technology at its Labs division. The Company has two operating sites in Canada and has a 52-acre site with approximately 135,000 square foot manufacturing facility in New York state. Its battery products are used across various applications, including material handling, e-mobility and energy storage.


TSX:ELVA - Post by User

Bullboard Posts
Post by Yedi2on Aug 22, 2014 9:11am
264 Views
Post# 22868310

Time for new CFO!

Time for new CFO!I think i owe Sankar an appology for my comments last month and believe now the only two faced sleaze ball there is their CFO, Paul Hart. Sankar i think is sincere and has put more of his own money into the company to keep it going while Hart just collects a bloated salary and then dumps his options at will without regard to the message it sends to the market.

Why they pay this bozo 200k a year to tally numbers every quarter is beyond me  and at the same time they mainly hire only junior engineerss and pay them like sh!t.

I say its time to get rid of Paul Hart and hire on a new junior CA to replace him and just pay that person a third of what Hart gets, 70-80k is enough.

If his contract comes up in December, i say its time has come not to renew. A slap in the face and stabbed in the back can not be accepted. Sure it's a free country for him to do as he pleases bu the same goes for the board at Electrovaya and/or next vote i will vote to "Get rid of him!"
Bullboard Posts