Electrovaya Inc T.ELVA

Alternate Symbol(s): ELVA

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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 GerritEtmanson Jan 28, 2018 5:42pm

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Post# 27450868

RE:Expect pump cycles down to 0.00001

BubbaTheShrimp wrote: This is hilarious to watch. Next bomb drops in 2.5 weeks, loss of 7 million.

I don't think that a loss of 7 million is enough red ink. Remember, there was talk about a non-cash charge to come. Likely, this will correct the over-inflated inventory downward. The loss could be double the 7 million you forecast, although the cash burn will likely be 7 million.

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