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Eguana Technologies Inc V.EGT

Alternate Symbol(s):  EGTYF

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.


TSXV:EGT - Post by User

Post by ToadyToadmanon Jun 20, 2024 2:45pm
101 Views
Post# 36098525

How much cash left?

How much cash left?
Burnrate is about $2 million a month (as per last year). Even if it is half that now the well has to be running very dry with the relatively little cash they have received in the last couple months. With the shareprice at 0.005 a huge consolidation has to take place soon or face delisting. Won't help to raise money though.
Not many options left for the old lizard. No more money coming in without spending what they have left on court cases. There is no way they can afford to buy parts to build and sell products
GLTA
DYODD
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