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

Bullboard Posts

Post by coughlcon Aug 28, 2009 2:59pm

275 Views

Post# 16259329

volume dwindling/price dropping....

Typical pattern for this company. Fluff, bad financials, eventual price nosedive as volume dissipates.

But look at the brightside, the insinder(s) sold out at the "highs" which tells you their level of confidence for longer term share prices...If he/they thought it was going to $2 or more do you think there would be sales of shares?

Did those eminent family members spoon fed their jobs at EFL for their genius skills buy any shares yet?

Bullboard Posts

Corus reports Q1 profit drop in the face of falling revenue