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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
Post by Dacomon Feb 11, 2018 6:23pm
164 Views
Post# 27541914

Try and learn something from this

Try and learn something from thisEven though it is tempting to say "We told you so"......and to get a little vicarious pleasure from the final denouement of EFL, in many ways it is all rather sad. Shrimp may have been excessive in his criticisms, but he warnings were there for everyone to see. Gerrit, in particular, has done a stellar job of providing factual, well wrought arguments to help people understand the risks that they were taking. If you check my prior posts, you will see that, in my own small way, I have tried to keep people focussed on facts and proper due diligence instead of hyperbole. Sadly, some people (Varedero) seem to be immune to facts and incapable of critical thinking. Worse, they deliberately and consciously shun sensible advice. I truly hope that those who have lost money on this company learn  a lesson from the experience. Can I suggest that, instead of getting angry and defensive when someone else disagrees with your own assessment, you take the time to actually read what they are saying and criticaly THINK about whether they have a point and ask yourself if they are providing potentially useful information. Poor old Varedero wasn't capable of doing this and, as a consequence, has lost thousands of dollars. What a shame. 
Bullboard Posts