Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Dacomon Jan 15, 2016 3:37pm
109 Views
Post# 24463351

RE:C$23 Million looks like ANOTHER Bogus Purchase Order

RE:C$23 Million looks like ANOTHER Bogus Purchase OrderShrimp. I'll happily criticise Electrovaya when they make unsupported claims, but I'm not sure your comment here is fair. According to my brief research, Targray looks like a crdible customer, not a "no-name distributor". According to the Profit 100 press release, they had $225M in revenue in 2009. Of course, with distribution supply companies, their revenue is generally high relative to equity and profitability, because a lot of money just flows through, but, nonetheless, $225M 6 years ago is nothing to be sniffed at. Usually, a company of this size would be able to do good due diligence before placing a substantial order, so, again, on the surface, it seems to me a positive announcement. The small nagging doubt I always have with Electrovaya is that they have claimed many, many breakthrough deals, over the years, only to subsequently disappoint. I wait with interest to see if this is the "same old, same old", or the start of a new chapter.
Bullboard Posts