Fault not in the stars.... To paraphrase and mangle Shakespeare: The fault dear Brutus is not in our stars but in ourselves that we are ...too impatient
All the harangueing (A long pompous speech, especially one delivered before a gathering. Or A speech or piece of writing characterized by strong feeling or expression; a tirade.)
and whining aside.
They are shaking the bushes big time, every once in a while thowing in the odd single board lot for the ask or less than the bid on occasion). The last time this happened to this extent we saw a big run when they stopped shaking--which they might have done this afternoon.
To those peeved with the price, if the week hands would stop selling IN THE FACE OF GREAT NEWS RELEASES then the price would turn around.
To those going on about the lack of communication- hogwash, read the press releases, the cover all the recent questions.
I will agree though it is disheartening to have them screw up another press release. There was some momentum on the morning when they announce the 2.5 Mill but obviously that press release was not sent out properly because it did not get widely disseminated until the next day. Is not the first time an email news release delivery has been screwed up. Those are the communication problems they've had.
A release on itch and Australia release:
Eguana Technologies Inc.
TSX VENTURE : EGT
OTCQB : EGTYF
May 09, 2016 09:19 ET
Eguana Enters Australian Market and Expands AC Battery Applications
CALGARY, ALBERTA--(Marketwired - May 9, 2016) - Eguana Technologies Inc. (TSX VENTURE:EGT)(OTCQB:EGTYF) continues to deploy its AC Battery energy storage appliance and demonstrate its global capabilities and application diversity as the AC Battery is integrated into an expanding range of control technologies. Eguana announced today that it has begun shipments into solar applications in Australia, and for intermediate storage installed alongside both public and home EV charging stations.
"The adoption of the AC Battery into EV charging applications was just a matter of time" commented Justin Holland, Chief Executive Officer of Eguana. "EV charging is one of the fastest growing uses of electricity and aside from reducing the impact of charging on the power grid storage enables a much higher value to be extracted from the network infrastructure by enabling the delivery of grid services from these distributed energy assets."
Itochu Corporation is leading Eguana's Australian market entry through the sales and marketing agreement announced in November 2015. "Australia is currently the fastest growing energy storage market in the world and feedback on our product capability, form factor, and the LG Chem Lithium Battery has been excellent, addressing global markets was one of the key values in partnering with Itochu last fall" added Holland.
Eguana continues to focus internal efforts on broadening the product portfolio and growth in the US and European solar+storage segment while these recent moves into new markets and applications further diversify the company's customer base and addressable market.
While the details of these partnerships remain confidential due to competitive concerns, further details will be announced as Eguana's customers finalize their market launch plans.
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