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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 Dacomon Jun 02, 2016 5:46pm
173 Views
Post# 24928995

RE:Thanks EFL for paying off my mortgage!

RE:Thanks EFL for paying off my mortgage!Varadero. Since you are waiting for the shares to get to $8, I don't think you'll be paying off your mortgage any time soon, so having a headline that says "thanks EFL for paying off my mortgage" is just a little bit misleading...don't you agree? And, according to my calculations, your 115k shares have an average cost base of over a dollar, which means that, even if you were to sell, your after-tax gain so far is about $65K. So the truth is that it is either a very small mortgage or you have, yet again been unable to carry out a proper analysis of your investments. This isn't surprising, since you are also unable to remember what bet you struck with Gerrit. Even when he calls you out on it, you change the subject,  hoping no-one will notice. Well, just so you know, I'm still  here being entertained by your antics.  By the way, I have tso admit that I'm surprised to see EFL announcing great success when I thought that there were running out of cash. The Germany deal certainly threw them a lifeline. However, unlike you, I'll be watching carefully to see how real all this stuff is. History would indicate that EFL tends to exaggerate its potential and overstate its order and profitability outlook. Maybe this time it is different. Let's see.
Bullboard Posts