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Electrovaya Inc T.ELVA

Alternate Symbol(s):  ELVA

Technology Electronic Components
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

Electrovaya Inc
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Comment by coughlcon Aug 14, 2009 7:57pm
223 Views
Post# 16220959

Comedians!RE: Financials Look Good to Me - Better

Comedians!RE: Financials Look Good to Me - BetterYup in this stellar quarter they managed to lose almost a half MILLION bucks!  Great management!  Wow with all they hype you would have thought a buck profit was a possibity but nope.

Another point, now they claim to have 6 Million in cash so where is the other 88 Million coming from?!?!? Even if you deduct the taxpayer money of 16 million it still leaves them 72 Million in the hole with pathetic revenues and quarterly losses.  Sorry fluffers, no matter what math you do it looks gloomy.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities