ProsserP's Profile
ProsserP's Posts
Christian Behring's profile has been updated, he no longer works for Bombardier. He has been hired as a key account manager for Litarion. https://translate.google.ca/translate?hl=en&sl=de&u=https://de.linkedin.com/in/christian-behring-a3bba859&prev=search Could be for a new major account or could still represent co-operation/partnership with Bombardier, either way his experience looks good.
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I keep looking at the presentation on the web page hoping they will update it with "PO reveived" or "shipping" anything. It seems like a quiet time during a buyout negotiation!
Electrovaya said that they will be near zero on profitability this quarter and slightly profitable next quarter. What about Tesla ? Will they ever be profitable ?
http://www.renewableenergyworld.com/articles/2017/01/wall-street-waves-caution-flag-on-tesla-plant-start-up.html?cmpid=enl_REW_RENEWABLEENERGYNEWS_2017-01-11
My hope is that Electrovaya will come out with some announcements in January. They certainly did not offer much new information in the annual report. It appears they are in a wait and see mode also and plan to play it by ear as the market developes. Could be a good thing as if the market exploded they would have to get financing to keep up with demand. With a slower start, they may be able to increase production from available income and additional loans. JMHO
I just got two more emails from Schwab. They keep wanting me to loan them my shares. This is not the first time they have asked. Seems like Electrovaya shares are in high demand. It sure is hard to turn down that kind of money. It would have a devastating effect if all those shares were turned loose to short. I just ignore them.
You can see Energy Absolute has add a new business group "Energy Storage". This pdf clarifies Hogey's earlier post.
http://www.dcs-digital.com/setweb/downloads/2559q3/20161202_ea.pdf
I see Electrovaya used this Phase 1 of the project to get rid of the used cells from the Dodge Ram project. That was a good idea. You can say what you want about Sankar, but a good business man he is. I have no doubt he is working a plan that will be successful and profitable to all stock holders.