Electrovaya has a what Reputation?Let's see:
It has NOT landed any significant contracts.
It has NOT turned a profit year after year.
It has NOT survived without government handouts.
It has NOT become a well known entity.
It has NOT landed a contract with any of the real auto makers.
It has NOT managed to supply batteries to MJOBIL but another company has.
It has NOT been up front with the status of MOU's and purported contracts with investors- BEWARE history tends to repeat. If all their MOU's were successful, then EFL would indeed be a company to invest in but so far, HAH!