Eguana Technologies Inc V.EGT

Alternate Symbol(s): EGTYF

Industrials

Eguana Technologies Inc. designs, markets, manufactures and sells fully integrated energy storage solutions, based on its power electronics platform, for global residential and commercial markets. The Company connects utilities with consumers, through its commercial and residential energy storage solutions. The Company also markets and sells a suite of micro inverter products, which are integrated with its energy storage platform, providing consumers with a full solar + storage system architecture for residential and commercial applications. The Company’s product lines are based on a patented, software-driven, advanced power control technology platform. Its products include Evolve and Elevate. Its Evolve is a storage solution for homes large and small, which provides a fully automated backup solution for multi-day power outages. Its Elevate is engineered to reduce peak loads and reduce demand charges for small commercial and industrial applications.

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Eguana Technologies Inc > Eguana out of cash

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Comment by Joseisokon Dec 20, 2021 1:07pm

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Post# 34247388

RE:RE:RE:RE:Eguana out of cash

Joseisok wrote:

Joseisok wrote:

Joseisok wrote:

Joseisok wrote: They had 7.7m June 30th and I don't see any financing since. I think it's fair to say they would burn over a million a month, so yea I would think they're getting desperate for cash.

So now after the latest news, the share count goes to 393 million. at .45 that's 177m marlet cap and they still have to do a financing. So after a 10m PP at .45 that adds another 22m shares to the float for a total of 415m shares. That gives them a market cap of 187m and they're still losing money. Yea, great investment.

What's the profit margin for their units? What's their forcast for net profit? How can you determine a value without knowing when or if they'll turn a profit?

The market is foward looking. Let's see if the market thinks Uguana will turn a profit.