Welcome to the Electrovaya Hub on AGORACOM

(Edit this message through the "fast facts" section)

Free
Message: May15/2015 CC

Andy Ganapathy "With majority of the electrode shipments from Litarion being utilized by Electrovaya system requirements, total sales in the next 12 months are expected to be large. Overall, we have a pipeline of over CAD 150 million." I think it is now safe to say that Andy is simply towing the company line as set out by Sankar. As such, Andy has about as much credibility as Sankar, this will really help investor confidence and thus the stock price. If Electrovaya is to use the majoity of electrodes from Litarion then a large capital expenditure is required which takes time and money, Electrovaya has little or no money and time is ticking. Paul Hart was in the office June 23 and the Richard Halka appointment was July 17, so probably no deal with the EDC or any banks as of yet. The most cost effective and quickest route for increasing cell production would be to aquire Li-Tec from Daimler. Richard Halka must distinguish himself from the BS line/s of Sankar and Andy before any investor confidence can or will be restored.


Jul 23, 2015 11:35AM

Jul 23, 2015 12:49PM

Jul 23, 2015 01:08PM

Jul 23, 2015 07:39PM
Share
New Message
Please login to post a reply