Eguana Technologies Inc V.EGT

Alternate Symbol(s): EGTYF

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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.

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Eguana Technologies Inc > THIS is supposed to be a funny .... RIGHT !

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Comment by WinterBaronon Mar 09, 2024 6:28am

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Post# 35924202

RE:RE:THIS is supposed to be a funny .... RIGHT !

Yeeucch... formatting is terrible in 1st effort at this post'
Trying again:

Hmmm.. wonder if any shareholders would be happy to earn 60% per year before compounding?
Nahhh. Tax losses beat real returns right?
The one possible positive here is the end of April timing.
We can only hope that some meaningful development is anticipated.

If insiders have knowledge of a significant pending development they may be restricted from actually investing in the company by standard SEC Regulatory considerations.
That could explain this very expensive "Bridge we are being sold"

ll add this opinion as well:
Despite the sickening realities investors are living, I don't yet believe there has been illegal or deceptive activity at EGT.
Rather, the current condition is mostly the result of :

Changed Market conditions
Possibly naiive management /a bit of "Peter Principle"
Significant requirement to broaden revenue streams/system applications
Bad Luck

Perhaps, if we make it through the next couple of months there will be:

Recovery
Greater Transparency.
Greater indication of senior executive confidence in the company in the form of direct investment.
eg: Conversion of this "Bridge Loan" to Direct Market Share Purchase
Clear Long Term Business Plan Presentation
Well formulated short and mid term forecasts.
As there isn't other obvious information visible we might as well look for silver linings in this short term prop up.