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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 lithium-ion batteries and battery systems for energy storage, clean electric transportation, heavy duty electric vehicles and other specialized applications based on its Infinity Battery Technology Platform. The Company is focused on contributing to the prevention of climate change by supplying safe and long-lasting lithium-ion batteries. The Company is also developing next generation solid state battery technology at its Labs division. The Company has two operating sites in Canada and has a 52-acre site with approximately 135,000 square foot manufacturing facility in New York state. Its battery products are used across various applications, including material handling, e-mobility and energy storage.


TSX:ELVA - Post by User

Bullboard Posts
Post by BadFinancialson Feb 23, 2009 8:37pm
111 Views
Post# 15798614

They thump their noses at shareholders

They thump their noses at shareholders

Shareholders to EFL are "The great unwashed".  They sure were quick to cash shareholders' checks.  But as far as getting information to flow out of the company - it's not happening. 

90% of the money is GONE.  For them to do anything now would take a LOT more money - what do you think the chances are of them getting another $20-$30 million in this economic climate, giving their horrific performance record? About as likely as Bernie Madoff getting a corporate AMEX card.

Bullboard Posts