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Eguana Technologies Inc V.EGT

Alternate Symbol(s):  EGTYF

Eguana Technologies Inc. designs, markets, manufactures and sells fully integrated energy storage solutions, based on its power electronics platform, for global residential and commercial markets. The Company connects utilities with consumers, through its commercial and residential energy storage solutions. The Company also markets and sells a suite of micro inverter products, which are integrated with its energy storage platform, providing consumers with a full solar + storage system architecture for residential and commercial applications. The Company’s product lines are based on a 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.


TSXV:EGT - Post by User

Bullboard Posts
Post by Enersolon Nov 24, 2009 11:18am
402 Views
Post# 16517953

NEWS

NEWS"Sustainable Energy will supply inverters from existing inventory. First European deliveries of the second generation inverter are expected to begin later this year".

That statement and the previous statement by Rob that the first inverters from the Ontario production would be out by the end of this quarter which is December 31 makes me believe that those inverters are already being produced by a sub in Ontario right now. 

Who has the ability to fulfil that kind of production right now in Ontario? Someone who has been hiring big time lately?


There is no way that they can announce and set up a factory to produce them otherwise within this time frame. They have not advertised for labour and no factory has been announced. If all of Rob's statements are accurate, then the production is on as we speak under our noses. This has been a big question since they announced it. One cannot magically have a factory and employees with the snap of a finger.

That is my theory but I have been wrong many times before.

This also means that the European distributors do not have the product, although they have it advertised on their sites and are anticipating delivery.

Makes one wonder how many orders are already being processed and in the wings to be announced.

I would suspect the announcement this morning is one of a few announcements being readied all within the time leading up to and during the Cansia conference. A crescendo?

Could be a Merry Christmas!

Bullboard Posts