RE:RE:RE:Tuesday May 11th, 2021 Electrovaya reports 11M Q2 revenue!
First of all, I am a lady, and I'm not the slightest bit dumb. I simply like people to be able to back up what they say. You have a good head on your shoulders and MAGA right back at you.
I think EFL has a tremendous future. Their numbers should grow in a positive way each quarter and anyone who has the time and patience to watch them methodically introduce and market their new products, widen their customer base, and steadily grow their sales and revenue will be greatly rewarded.
By letting each potential new customer "try out" their batteries for a period of time certainly slows down the sale numbers in the short run but will exponentially increase sales numbers in the long run. A customer who believes in their product, will not only sign a sales contract, but will become a loyal customer for the long haul. I just hope new customers like to brag on Electrovaya's batteries every single day to all their contacts in the industry.
Bringing Richard Halka on board, who has a history leading high-tech companies through periods of fast growth, was a smart and prudent move. He has helped them clean up their balance sheet by lowering their debt levels and securing new capital funding.
A Nasdaq listing would be a game changer. They will be added to ETF's and gain more visibility to other stock traders overall. When the stock hits $10 a share, hedge funds will be more interested. Actually, I think they'll swarm.