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Azure Dynamics Corp AZDDQ

Azure Dynamics Corporation (Azure) is engaged in the development and sale of electric vehicle (EV) and hybrid electric vehicle (HEV) systems and components. HEV systems include an electric motor, an energy storage system (batteries or ultracapacitors), and an additional power source, such as an internal combustion engine/generator. An EV does not include the additional power source and only includes an electric motor and an energy storage system. It has four wholly owned subsidiaries: Azure Dynamics Inc., Azure Dynamics Incorporated, Azure Dynamics Corporation of America and Azure Dynamics Limited. Azure has developed electric and hybrid electric drive technologies for the light to heavy duty commercial vehicle category (the Technology). Azure has developed three primary product groups, which include full hybrid electric; mild hybrid electric; and pure electric solutions. Target markets include hybrid electric delivery vans and shuttle buses, as well as electric drive applications.


GREY:AZDDQ - Post by User

Bullboard Posts
Comment by eljoroon Apr 05, 2011 7:38pm
212 Views
Post# 18390266

RE: RE: Complain Here:

RE: RE: Complain Here:My experiences with IR (particularly e-mails with Juris, and before that Ryan Carr) have always been answered swiftly and courteously. Rarely has management dodged any question I asked, and I appreciate the open lines of communication.  I would advise anyone with questions to e-mail or call Juris Pagrabs. I've never bothered e-mailing Pat Leibler...don't even know who he/she is or what he/she does.

Agreed that shareholder value simply has not been enhanced for years (unless one bought shares under .10, and it can be argued that numerous management missteps sent the company on a downward spiral from the $1+ level years). I still think that the biggest problem is the float...simply put, with 700+ million shares we need revenue of 100 million to justify a .50 -.60 share price.  That day is way off, and we'll be lucky to be above .40 by year's end.

I also think (and have for years) that management rewards themselves with salaries that are not commensurate with stock price performance.

And correct me if I'm wrong...but management only owns about .9% of the company. Not enough for my tastes. One of the many reasons I sold all but the 50K shares I still hold in my RRSP.

Cheers,
El Joro

Bullboard Posts