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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 disgruntled1on Nov 29, 2004 6:22pm
122 Views
Post# 8244207

Mukimuk

MukimukWow, I am honoured that you put such time and thought into my message. You seem to enjoy the debate for its own sake, and I commend you for your command of the language. Let me preface my brief follow-up by stating that while I enjoy reading the board and participate occasionally, my motive is not to write an award-winning thesis, but rather to MAKE MONEY. I do not believe that the board influences the stock price one way or the other. In this regard, I offer the following comments: 1. Fact: paying a significantly higher price for mobility (battery life)in value-added product is currently not a consideration for the majority of tablet/laptop purchasers. Proof: EFL's (limited) tablet sales and 2) competitors are not focusing on battery life as a key selling point (to my knowledge) 2. Fact: I do not know if mobility (battery life) will become a key driver. The fact is, EFL should know. They have bet on it and the company's future is at stake. Upon what research did they arrive at this conclusion, or was this a blind "keep-our-fingers-crossed gamble? 3. Fact: Since mobility has now been proven to be something customers are not willing to pay a significant premium for at this time, why has EFL entered the laptop market charging $500-$600 more than a similar product (although EFL's screen is smaller than competitors). The old expression.. Fool me once, shame on you, fool me twice, shame on me" rings true here. 4. Fact: EFL has many frustrated shareholders. Blame it on management's confusing business plan, painfully slow progress on key fronts and lack of new developments 5. Fact: I have to go now. I have vented again, my reason for posting. By the way, you asked what my stake is, and why I don't sell now. I am just a ticked-off retail shareholder. As for selling now, end of year is a bad time as everyone knows. January and February will see a rise in the share price,and I will re-evaluate my decision then. Now, you stated that you believed EFL would succeed. You may be right, but I would be interested to know why you believe the odds favour EFL succeeding, if you care to explain.
Bullboard Posts