Elektros Inc (ELEK)

[sweet crude]

ELEK moving up .084

RSI and MACD both moving upward now

[sweet crude]

ELEK needs EV partner like Pininfarina

Look at the car

[jasmin8192]

ELEK needs to put something out that actually has some teeth. No more garbage PRs. Give us something that will attract the money, not chase it further away.

Their leadership has done nothing to turn this around and it continues to fall. What once looked promising is now dead and decaying daily.

[jasmin8192]

Big deal!! ELEK has put these fluff pieces out so many times. It's become like the boy that cried wolf. Nobody pays any attention--as indicated by the steady erosion of their stock price.

To ELEK: Talk is cheap, SHOW US some real, concrete proof of progress and stop wasting everyone's time with the garbage PRs.

[sweet crude]

Look at Pininfarina cars, WOW!

https://www.automobili-pininfarina.com/battista

[sweet crude]

NEWS OUT!

Elektros Initiates Discussions with Italian Luxury Car Design Firm Pininfarina

SUNNY ISLES BEACH, FL / ACCESSWIRE / November 16, 2022 / Elektros (OTC PINK:ELEK), an emerging leader in the electric mobility industry, announced it has begun talks with Pininfarina, one of Italy's premier luxury car design and production companies.

Elektros is excited to announce it has begun talks with Italian luxury car design firm Pininfarina.

Founded in 1930, Pininfarina S.p.A. is an Italian luxury car design firm headquartered in Cambiano, Italy.

Pininfarina engages in the design, engineering, and sales of spare parts and prototypes in Italy, Germany, China, and the United States through its Design and Engineering segments. The Company provides aerodynamic and aeroacoustics, automotive engineering, bespoke, and wind tunnel services, and primarily serves automotive, vehicle production, transportation.

Their Battista hyper GT is the first in a range of purely electric, zero-emissions, luxury cars solely branded Pininfarina, with top speed of 270 mph and range of 310 mile on single charge.

Automobili Pininfarina is based in Munich, Germany, with a team of experienced automotive executives from luxury and premium car brands. Designed, engineered, and produced by hand in Italy, the Battista hyper GT and all future models will be sold in all major global markets under the brand name Pininfarina.

The company aims to be the most desired, sustainable luxury car brand in the world, and is a 100% Mahindra & Mahindra Ltd investment. https://www.automobili-pininfarina.com/

https://finance.yahoo.com/news/elektros-initiates-discussions-italian-luxury-140000597.html

[jasmin8192]

I don't know if he is still on board or not. I would think that he is not at this point. If he was, he certainly wouldn't allow this to dwindle away.

[hole-in-one]

Like you said before, it might be worth grabbing some in the low Pennie’s and hang on in case it does something next year. That communications team they hired just repeated some weak PRs and then even the crickets went silent. Can’t run a business with 3 teslas and nowhere to put them. Something is up to being so silent. That billionaire that was in here is going, isn’t he? They keep spewing on twitter about Elek being backed by him, but I’ve heard he left long time ago. Just trying to get some info that is correct.

[jasmin8192]

Yeah, I would rather not lose anything here. I am still ahead and would rather take the money and move it now before we head into December.

Unfortunately, I think this one is toast. It should easily be trading in dollars again if all of the "news" was legit and we actually had some signs of vibrant life.

[hole-in-one]

Really don’t blame you as it seems stuck with no guidance.

[jasmin8192]

Getting out of this while I'm still green. Something here stinks. GLTA...

Not too hopeful this will turn around. The damage is done. Very poor management and a non-existent IR department.

[hole-in-one]

Lol… yes

[jasmin8192]

It won't last much longer. It will breakout one way or another. Hopefully, the breakout is in the right direction.

[hole-in-one]

Have a great weekend fella. Hoping for good things soon as well. Tired of this .08 to .09 trough we are stuck in.

[jasmin8192]

Hey Hole-in-One. No, haven't been adding any additional shares. I won't add any above my nickel bid that should see some action within a few weeks from the looks of things.

I have 250K shares and I would like to double that. I don't think we are quite at the basement level yet so I am holding back and not buying right now. I don't expect multiple dollars but I do think we could see a sustained run up to or a little over one dollar with the right news. Not these crappy tidbits they've been slinging for several months. We need something to grab attention again.

Crazy things happen at the end of the year. Maybe we will get something that works in our favor...

Have a good weekend.

[hole-in-one]

Have you been picking up some more shares? I would love to. Just no extra funds. As bad as the shorties and MMS want this to go t9 your nickel, it seems to be bottomed…or at least I hope so. You’re right… PRs have been horrible in getting attention. We need completed actions other than delivery of 3 teslas. Lol

[jasmin8192]

ELEK has really stagnated. Clearly, they have not figured out yet that their weak PRs are not helping grow excitement among investors.

This one is going into my sleeper box. I don't see any significant upticks for us in the near future based on any of the recent buckets of junk from the "updates". Too bad. This looked like it had the potential to be something big in the land of the pinks.

GLTA...maybe next year this will come back to life--then again??

[hole-in-one]

Seriously….who sells 9 bucks worth of stock?

[hole-in-one]

Love the 500k bid at .085. Hope it moves up from there

[hole-in-one]

When I pull the trades on Elek, it shows 20k trades that are gray. They must be sells. How come they don’t show red?

[Gizzer211]

Then push is to .10

[sweet crude]

Break above .10 short squeeze

This starts to push .10 look for shorts to panic cover to close out short positions

[sweet crude]

Nice close @ .10

Agree, this ready for short squeeze here. Look for buyers to rush in at open Monday

[kishmech]

Shorters are trying very hard to block it at 10 but i believe a sort squeeze is imminent

[kishmech]

Nice!! Up almost 20% this should breakout very shortly

[FosterK]

"Biden administration awards $2.8 billion in grants for electric vehicle battery manufacturing. The grants are being allocated through the Department of Energy with funds from the Bipartisan Infrastructure Law to companies in 12 states. The funding will go toward the creation of battery-grade materials including lithium, graphite and nickel. In all, the Bipartisan Infrastructure Law, the CHIPS and Science Act and the Inflation Reduction Act put over $135 billion toward electric vehicle manufacturing. (CNBC)"

[sweet crude]

Rideshare rentals will increase in recession

As jobs get tighter you will see increased demand for rideshare rentals for people to hustle up some cash in recession.

Just look at YAYO today up near 25%

[PennyPrestige]

See this? ELEK issued $0.25 target pretty sweet!

Elektros $ELEK

Demand for EV car rideshare rentals could increase on #recession as more workers turn to gig work for income.

✅Float accumulation indicator increasing

Short-term price target of $0.25+ pic.twitter.com/O79dgJgTZw

— Ludlow Research (@LudlowResearch) October 20, 2022

[sweet crude]

Shorter is on edge to being squeezed

Chart looks like 08 to .10 is range market maker who is short is hoping to hold it. Any buying up to .09 puts heavy pressure on him to close any short positions he may have.

Push .10 and you could see them rush to close up short positions.

Float seems very stable and any minor retail buying and this could take off.

[sweet crude]

NEWS: Expand luxury EV car fleet (Rivian, Lucid)

https://finance.yahoo.com/news/elektros-explore-expansion-luxury-ev-150000820.html

Elektros to Explore Expansion of Luxury EV Car Rental Fleet

SUNNY ISLES BEACH, FL / ACCESSWIRE / October, 20 2022 / Elektros (OTC PINK:ELEK), an emerging leader in the electric mobility industry, today announced its plans to expand its well-anticipated luxury electric vehicle (EV) car rental fleet across Florida before expanding nationwide.

After receiving its initial Tesla vehicles, Elektros looks forward to expanding its luxury EV car rental fleet to include highly demanded brands such as Lucid Air, BMW i4, Porsche Taycan GTS, Rivian R1S, and Mercedes-Benz EQB.

Luxury and Rideshare Demand in Recession

Elektros initial EV car rental focus in South Florida will include luxury rentals by higher-end consumers who tend to weather economic contractions with stable and predictable spending habits and wish to explore their curiosity about EVs prior to purchase.

In addition, the company will explore rideshare rentals, which could see increased demand as more gig economy drivers seek higher-end rental vehicles for short-term employment.

Elektros continues to monitor the EV market and looks forward to providing transportation solutions that adapt to consumers' ever-changing wants and needs.

[PennyPrestige]

I see where this is going, I agree and I like it!

[sweet crude]

Break .09 will pressure shorts to cover

...if breaks above .09 that will almost certain put pressure to .10, which could trigger shorts to cover positions fast

[kishmech]

Very Tight Trading Here his should move upwards steady now

[sweet crude]

Shorts better cover now

.....if this pushes towards .09 before close look for rush higher, maybe close above .10

[PennyPrestige]

YES!!! Makin moves!!!

[sweet crude]

Short squeeze market makers

Break above .09 and its game on!

https://www.otcmarkets.com/stock/elek/overview

[sweet crude]

Battery technology patent news out

https://www.accesswire.com/720977/Elektros-Inc-OTCELEK-Elektros-Onboards-Renowned-Law-Firm-to-Complete-Full-Patent-for-Multi-Port-Charging-Assembly

[hole-in-one]

Penny I agree it is nice to see something after almost a month of silence, however, where are they putting these vehicles? Are they going to run their own office out of Miami airport? There so many questions still.

[PennyPrestige]

ELEK News guys! This is huge! Check it out. Nice hear they're moving forward. I'm holding onto everything here.

https://www.yahoo.com/now/elektros-explore-expansion-luxury-ev-130000983.html

[mplscubfan]

Shorts come in at the Ask, so maybe that's it. Who knows..

[hole-in-one]

Someone has been adding quite a bit. It could be Jasmin. But even as the buys have been higher than sells, we keep going down. How does that happen?

[mplscubfan]

Agreed on all accounts. I'm not selling, but not adding either.

[hole-in-one]

It will be interesting to see if our little news brings us up or down. Again nothing that is happening. Only wishing. Wonder where they are storing those teslas. Do they have any kind of office or building where they will work out of, or are they planning on partnering with another company and will run their lot out of theirs. So many unanswered questions. A company without a game plan usually doesn’t last long. I believe they have one. It’s just so slow moving and they aren’t sharing much of it. C’mon Elek,,, let us know timeframes and what progression is happening please.

[mplscubfan]

Agreed. Too quiet lately.

[hole-in-one]

I as well. Seems like there has been a halt after all the excitement in the summer. But everything is futuristic and not completed. We need more than just a delivery of 3 teslas. Have no idea what their plans are for the patents. They hire a promotion/ PR company. Give a few repeated news items and then crickets. Plus NO way of getting hold of anyone that works there. Ghost town or what?

[mplscubfan]

Something isn't right here. But of course I'll root for the best.

[hole-in-one]

All these buys and we still are going down. Something is really messed up. And there hasn’t been any news for Almost a month.

[mplscubfan]

Wow!! What a fraud here apparently...

[hole-in-one]

We could sure use some kind of news to bolster this past a dime.

[hole-in-one]

Was that you picking up all those shares today? All those buys and we go down? Doesn’t compute.