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Electrovaya Inc T.ELVA

Alternate Symbol(s):  ELVA

Electrovaya Inc. is a Canada-based lithium-ion battery technology and manufacturing company. The Company designs, develops and manufactures proprietary lithium-ion batteries, battery systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications. The Company is focused on contributing to the prevention of climate change by supplying safe and long-lasting lithium-ion batteries. Its technology includes infinity battery technology and solid state battery technology. The Company’s product portfolio includes cell technology, infinity battery systems, low voltage, and high voltage. Its infinity battery system-high voltage applications include E-buses, E-trucks, Mining Vehicles, and Defense. The Company has two operating sites in Canada and a 52-acre site with a 135,000 square foot manufacturing facility in Jamestown, New York state for its planned gigafactory.


TSX:ELVA - Post by User

Bullboard Posts
Comment by coughlcon Feb 01, 2009 12:16pm
285 Views
Post# 15743723

RE: Reeeelax, sip a single malt, enjoy.....

RE: Reeeelax, sip a single malt, enjoy.....EFL has demonstrated a negative return year after year.  The building as an asset value is meaningless in an economic environment that leaves plenty of empty factories.  If you sell your building where are you  going to conduct business.  Mind you for the sales involved I could rent them my garage!

I don't doubt Sankar's well meaning integrity but not divulging negative information or providing updates,questions the over all integrity of a CEO and confidence in a company.  Nortel comes to mind... it went bankrupt with billions in the bank.

Untill this company has gross  sales exceeding that of a corner store, it can't claim to have a future.  After years and years as a public company it is no longer a start up.

The money keeps shrinking and you can't "eat" the building.  Not good.
Bullboard Posts