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Electrovaya Inc T.ELVA

Alternate Symbol(s):  ELVA

Electrovaya Inc. is a Canada-based lithium-ion battery technology and manufacturing company. The Company designs, develops and manufactures lithium-ion batteries and battery systems for energy storage, clean electric transportation, heavy duty electric vehicles and other specialized applications based on its Infinity Battery Technology Platform. The Company is focused on contributing to the prevention of climate change by supplying safe and long-lasting lithium-ion batteries. The Company is also developing next generation solid state battery technology at its Labs division. The Company has two operating sites in Canada and has a 52-acre site with approximately 135,000 square foot manufacturing facility in New York state. Its battery products are used across various applications, including material handling, e-mobility and energy storage.


TSX:ELVA - Post by User

Bullboard Posts
Comment by electrofiedon Jan 23, 2015 5:21pm
90 Views
Post# 23357723

RE:RE:RE:RE:RE:RE:RE:Another big project

RE:RE:RE:RE:RE:RE:RE:Another big projectOnlygame: I appreciate your comments , but unfortunately I do not agree with most of what you said. "That is why I generally view IR Depts as an information firewall for public companies" For small cap companies, raising capital is perhaps the biggest challenge for them. This encourages them to communicate their business plans effectively and be as transparent to build the confidence that would bring them to the table. The IR guy is there to coordinate that effort not act as a firewall. You were right to point out the managements past failures, which in my opinion would encourage them to be even more forthcoming in their plans. - To instill the lost confidence However, they have done somethings right. Including solving the NMP problem to become the lowest cost manufacturer as well as improving on the Superpolymer 2 battery safety and performance. So your questioning their prior performance is weak at best. All withstanding, what they did in December regarding the finanacing arrangements did totally blindside all the outside investors and has changed the risk profile for the company. A situation which many investors did not expect.
Bullboard Posts