Electrovaya Inc T.ELVA

Alternate Symbol(s): ELVA

Industrials

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

Electrovaya Inc

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Comment by ChaseYourDreamon Jan 09, 2017 8:59pm

142 Views

Post# 25686141

RE:Stock options granted to the Board of Directors is great!

OceanRacer wrote:
The stock options are issued at the value of the stock on the date they are granted. They grant the holder the option to purchase a certain number of shares for a limited time in the future at that set price. The options only have value to the holder if the stock price goes up within the time window that they are valid. If the share price does not go up the options expire and they dont benefit. I for one think that those people who can take action to affect the share price should be granted these options to profit from their good management.

they call it MOTIVATION

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