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

Bullboard Posts

Comment by TeddyBearon Dec 13, 2019 10:38am

71 Views

Post# 30451874

RE:Market Cap $18.5 Million - overvalued, w/staggering debt

Without MMCAP US$11M debt due in March, story not without interest even if still speculative due to untrustable management (Walmart, Raymond, ...).

C$7M working capital used PO as collateral but could not be used to fund loss as MMCAP working capital in Litarion.

Need to refinance US$11M with no asset in warranty and still limited revenue vs past promise of C$200M in 2017.

Maybe a sugar daddy will line up to provide the fund ...

Bullboard Posts

From now on, dynaCERT instead of Bitcoin or NVIDIA?