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Eguana Technologies Inc V.EGT

Alternate Symbol(s):  EGTYF

Eguana Technologies Inc. is a Canada-based company, which designs and manufactures residential and commercial energy storage systems. The Company is engaged in delivering grid edge power electronics for fuel cell, photovoltaic and battery applications, and delivers various solutions from its manufacturing facilities in Europe, Australia and North America. The Company supplies energy storage systems for solar self-consumption, grid services and demand charge applications at the grid edge. The Company’s product lines are based on patented, software-driven, advanced power control technology platform. Its products include Evolve and Elevate. Its Evolve is a storage solution for homes large and small, which provides a fully automated backup solution for multi-day power outages. Its Elevate is engineered to reduce peak loads and reduce demand charges for small commercial and industrial applications.


TSXV:EGT - Post by User

Bullboard Posts
Comment by Baysarjon Jan 10, 2011 3:17pm
292 Views
Post# 17949856

RE: Bid now .12

RE: Bid now .12As an outsider looking in, I stayed clear of this one when I opened the proxies and saw how much management was paying themselves.  Considering the company only has 1.4m in revenues, and no earnings, they clearly demonstrated they dont care about shareholders by giving themselves options and salaries worth well over $1m.  ($1.3m just for the top two execs)

They continue to dilute shareholders every year, and have yet to produce results. 

Just my two cents.
Bullboard Posts