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Eguana Technologies Inc V.EGT

Alternate Symbol(s):  EGTYF

Eguana Technologies Inc. designs, markets, manufactures and sells fully integrated energy storage solutions, based on its power electronics platform, for global residential and commercial markets. The Company connects utilities with consumers, through its commercial and residential energy storage solutions. The Company also markets and sells a suite of micro inverter products, which are integrated with its energy storage platform, providing consumers with a full solar + storage system architecture for residential and commercial applications. The Company’s product lines are based on a patented, software-driven, advanced power control technology platform. Its products include Evolve and Elevate. Its Evolve is a storage solution for homes large and small, which provides a fully automated backup solution for multi-day power outages. Its Elevate is engineered to reduce peak loads and reduce demand charges for small commercial and industrial applications.


TSXV:EGT - Post by User

Bullboard Posts
Post by 1969Enigmaon Nov 17, 2016 9:04pm
298 Views
Post# 25478570

Look at the language used ... carefully.

Look at the language used ... carefully.
A quick observation from the last MD&A and the specific language used: From the MD & A, "Prototypes have passed all functional acceptance testing with our automotive partner and product launch dates and marketing strategy has been confirmed with the company." Note specifically that they did not say potential automotive partner. The German Auto subsidiary is referred to as their partner.

From a legal lingo perspective I sincerely doubt this is a mistake. It is a very specific an carefully chosen phrasing that should remove doubt as to if a partnership exists. We just don't have the details.

I think you'll find that the Directors of the company are sharing everyone's frustration with respect to material disclosures. They are however bound by confidentiality agreements with their partners. The potential for negative impact on the share price is recognized and has not been allowed to manifest. Can you think of any other ticker on the TSX.V where the SP has not faltered or moved to any relative degree with 3 months of no news? I cannot. In fact for most the SP falters within a couple weeks or so of silence. This ticker is testing everyone's patience I am sure. I remain optimistic that the reward will have made the wait worth it. This share price does not appear to be manipulated as much as it appears to be managed.

"Good things come to those that wait."
Bullboard Posts