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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
Comment by onlygameon May 19, 2020 7:53am
158 Views
Post# 31044633

RE:RE:RE:3M REVENUE THIS QUARTER. 6M FOR THE NEXT QUARTER! PROFITABLE

RE:RE:RE:3M REVENUE THIS QUARTER. 6M FOR THE NEXT QUARTER! PROFITABLEtechinvest, at this point, and especially under current Covid conditions, I'm not putting much into any promises or projections. We're still not getting the Q/Q rev increases one would expect if their product was working so well with Walmart and others. They need to step it up as their financial position, as always, is fragile.

I sold 80% of my position because of this AND, the markets could drop much more unless the Central Banks are willing to dilute like crazy and print trillions more. Then dilution and inflation should probably step in and cause further trouble. You can't trust anything in the markets anymore. They are not free and defintitely manipulated/propped up.

The system is broken. it is a mess, but, EFL manages to weasle its way along. They need to get to their long, long awaited breakout moment soon. I'm not sure how many more times they can pull a rabbit out of their hat.  
Bullboard Posts