Post by
ugluuak on Jan 31, 2024 4:04pm
Itochu
I wonder frequently how Itochu sees their investment being repaid in this futuristic play they made.
What is the underlying faith in Eguana's techology of BATTERY CONTROLS ?
After all , ITOCHU has stated that they own the battery controls and have been using these with their Japanese POWER X company to develpe Japan's VPP / ESS industry.
Welcome anyones views on this topic.
Comment by
freedom45 on Jan 31, 2024 4:36pm
I believe this mismanged company's future is more about their current patent and trademark portfolio which is typically where the "real" value will eventually determine their acquisition $$$ amount or demise.
Comment by
ugluuak on Jan 31, 2024 9:34pm
The Eguana trademark may be of some value in the TRADE but has nil value for the public looking to SOLAR. They tried to get some traction about two years ago but the entire solar play has had a dramatic downturn over the last 18 months. Look at Lithium for an realistic sample of where things are. The big auto manufacturers are scaling back. Is it transitory or will it be a long road back.