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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
Post by StockscoutXon Apr 11, 2016 4:26pm
134 Views
Post# 24753485

Announced brokered offering has really put a damper on SP!

Announced brokered offering has really put a damper on SP!I was expecting the announced brokered offering twelve days ago from Eguana would not have much of an impact on the SP but I was mistaken. We are are nearly a third of the way through spring and major announcements by both the provincial (Quebec) and federal governments for green energies with the result of no enthusiasm for Eguana stock.

I wonder how much of the offering was taken up by new investors because from the looks of it the SP could stagnate until autumn before they could liquidate all the shares on a best effort basis. Lets hope for the best and not miss the train to growth and profits for shareholders.

All in my opinion.
Bullboard Posts