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Eguana Technologies Inc V.EGT

Alternate Symbol(s):  EGTYF

Industrials
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

Eguana Technologies Inc > Per TD Webbroker - Book Value $0.01
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Comment by ToadyToadmanon Nov 24, 2023 12:17pm
93 Views
Post# 35751699

RE:Per TD Webbroker - Book Value $0.01

RE:Per TD Webbroker - Book Value $0.01
easy to see. even delisting.
August 22, 2022 (15 months ago) Itochu threw $30 million ant EGT plus a $5 million loan at the same time and all that money is already gone and they now need $2 million more. That is less than 1 month at the last year burn rate.
How could they possibly have spent all of that money so fast without something to show for it?
Does EGT even make it to the new year?
There was so much potential over the last 25 years and the complete failure to launch every time has finally caught up to them.
How can they even get bought out? Nobody wants to use that 25 year old tech
GLTA
DYODD
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