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Well, I see I didn't miss too much while on vacation. ELEK still issuing junk PRs multiple times.
They are wasting our money with these pointless fluff pieces, yes, OUR money. Still very confident that this will be trading at or below a nickel soon enough.
This one is going in my junk pile until I get my limit order filled at a nickel or it is trading above $1 again. Anything else is a waste of time.
Closed up tic green at close
Very excited about this company! EV where it's at.
Climate Bill ‘Transformative’ for EV Auto Industries
Climate Bill ‘Transformative’ for Auto and Energy Industries
The Senate’s proposal aims to accelerate electric car sales and promote domestic battery manufacturing at China’s expense.
The $369 billion climate and tax package Democrats in the Senate proposed this week could have far-reaching effects on the kinds of cars that Americans drive, where those cars are made and how the country produces its energy.
ELEK has a billionaire behind company!!!
Miami Billionaire Dr. Michael Dezer Becomes One of the Majority Shareholders in Elektros, Inc. (OTC PINK:ELEK)
https://www.yahoo.com/lifestyle/miami-billionaire-dr-michael-dezer-140000702.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr
This going way higher then .25!
You guys see this release? I'm loading up here. Good stuff!!!
https://www.otcdynamics.com/elek-elektros-announces-support-for-climate-bill-now-in-congress/
ELEK issued research alert to .25+
Ludlow Research initiates alert on #EV rental car company Elektros $ELEK based on Climate Bill and potential short covering breakout off lows on wider small-cap market recovery.
— Ludlow Research (@LudlowResearch) July 29, 2022
Short-term target: $0.25+https://t.co/2JpNIyBzML pic.twitter.com/q0UvF7dF0D
They don’t even make enough off the sale of stock to pay these fluffy PR’s. What the point unless they are get some completion done to attract investors
ELEK, an Emerging Leader in the Electric Mobility space, Today Announced That the Company Has Received a Proposal from the Renowned ROBRADY Company to Advance Elektros' Patent Pending for the Multi-Port Charging Assembly.
SUNNY ISLES BEACH, FL / ACCESSWIRE / July 25, 2022 / Elektros Inc. announced today that the company has received a proposal from the ROBRADY group to help advance the company's patent pending for their long-awaited multi-port charging technology. ROBRADY, a 21-year-old firm based out of Florida, is well known for bringing company's concepts to fruition. Led by Rob Brady, the company has a team of noble engineers and a proven track record of completing patents with the U.S. Patent and Trademark Office.
Elektros first filed the patent for the multi-port charging technology in October 2021 where Mr. Bleier, CEO of Elektros, stated "we believe this technology could be a game changer for the electric vehicle industry. We plan to not only include it in our own designs, but aggressively market the technology to the major electric vehicle companies, as well."
Elektros is strongly considering the opportunity to onboard the ROBRADY team and looks forward to advancing their patent as quickly and efficiently as possible. Both companies recognize the significance of the emerging battery technology and look forward to the opportunity to work together to advance the electric era of mobility.
About Elektros, Inc.
Elektros is an American electric transportation company that innovates mobility solutions for consumers and businesses. The automotive landscape faces existential disruption over the next decade to reach carbon neutrality. Elektros addresses this paradigm shift with mobility technologies that support sustainability for a transformative user experience. Elektros aims to present a compelling and completely new electric vehicle experience known as Elektros Sonic to consumers beginning as early as 2023.
About ROBRADY
The 21-year-old firm led by Rob Brady is well-known for its award-winning product designs, production, and capitalization. Through these, the company helps underfunded startups bring concepts to fruition. Working with a vast array of business models, from startups to Fortune 10 companies, the ROBRADY team owns the insights needed to add capitalization to its services.
ROBRADY is known for their work in transportation, designing products like Segway, Vectrix, boats, vehicles, and even electric folding bicycles. ROBRADY insists that electric is the way of the future.
Website: https://www.robrady.com
Cautionary Language Concerning Forward-Looking Statements
This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential," and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for Elektros, Inc.'s products, the introduction of new products, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information that may be detailed from time to time in Elektros Inc.'s filings with the United States Securities and Exchange Commission. Examples of such forward-looking statements in this release include statements regarding future sales, costs, and market acceptance of products as well as regulatory actions at the State or Federal level. For a more detailed description of the risk factors and uncertainties affecting Elektros Inc., please refer to the Company's Securities and Exchange Commission filings, which are available at www.sec.gov. Elektros, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
CONTACT:
Elektros, Inc. IR and Media Inquiries
Email: ElektrosInc@gmail.com
Website: https://elek.world/
SOURCE: Elektros, Inc.
Barely, but I like it holding above a dime.
Jas I agree. We need some meaty PR’s and no repeats. It’s getting stupid that way. It costs money for PR’s. What’s the purpose of reposting and
Paying a Second time? I’m still hoping for elek to come through like kis said as well as you.
Another few fluff PRs and I'll get my nickel shares.
When is ELEK going to learn that these insignificant LOI and such are only hurting this?
Stop releasing the same PR several times in a row over a day or two.
It's time for substance, not fluff. There's plenty of fluff in the OTC already. Make ELEK stand out from all of the other junk out there and maybe, just maybe, we can see this above a quarter again...followed by a dollar or two. We aren't likely to see a push into multiple dollars again like we saw last year--even with a very tight float.
I am pulling for Elektros to develop and thrive because we will all benefit from that. However, I am against the empty PRs (letters of intent don't carry much weight IMO). Show us the delivery of the Tesla's. Show us proof of scooter rentals. Show us proof of an actual vehicle being crash-tested. Don't just tell us what might happen, show us what is happening. Most of the PRs from the past 9 months have not been followed up on. Update us on the progress of the former PRs. Don't just keep releasing new ones branching in other directions. Time to get focused on results.
GLTA Vacation starts now...See you in mid-August. Maybe by that time, we can at least maintain at or above a dime.
Remember the tight FLOAT here thats a major plus and a very positive sign for a stock to move upwards much quicker then normal
The trading today and yesterday looked very good so lets hope it will finally break out here and move quickly i was in it when it ran to $8.50 i couldn't believe it but made a killing so i keep loading up at theses low prices and hope to cash in very soon
It seems to me that lots of good stuff are happening very shortly, in the coming few months it should all fall into place its a new company so you have to be a bit more patience
I texted their number from their filings just to see if it is a good number. No reply yet
I hope that they can get things going here. The clock is ticking and it's not in their favor. Before long, ELEK will be a memory if they don't have something concrete to give us.
I'm not going anywhere. Have a boat load in play here. You would agree that these are essentially fluff PRs?? Each time they release something, we drop a bit more. The reason for that is loss of confidence in them to actually produce some verified results. Anyone of us here could create a better website that actually has functional links.
They had better get their act together fast or their small company will cease to exist. There is a company that actually produces E-vehicles from Vietnam that just set up shop in NC. Word is, they will have their first IPO later this year. They have their act together and already have a great product. VinFast will be a successful and very viable investment opportunity. I plan to jump on board when they do publish their IPO. Maybe ELEK will buy some vehicles to rent along with their Teslas if and when that ever happens.
Jas you are right in many ways. These fluff PR’s aren’t doing anything but driving the price down. Elek needs to show some finished products. While their SS is probably the best in the otc market, you still need to have a product that is actually an operating entity and making money. I hope sincerely that kis prove us all wrong.
Kis I hope you are right on being bullish. Like jas says, I wish there would be some finished products that come about. Not just fluff PR’s. They had a billionaire buy a bunch and now appears to be gone again. Does elek have money to get things going? It’s almost looks like a buyout for Tesla to have a subsidiary. Just a wish I guess. All these PR’s in different areas and nothing actually done it seems. JMO… hopefully I’m way off. Thanks for your DD. It gives debate to some of the doubters and pissed off bag holders.
Just for your info there is no conversions what so ever at this point according to my extensive Due Diligence , awhile back there were the original 2 big investors that put in the seed money and converted all there shares in the past year there all out and the float is still only 16 mil thats a joke most OTC traded stocks have a few hundred million or a billion shares out there but not ELEK please do your DD and u will see i am on target
LOIs don't do it for me. And they have no cash. Preferreds are converting and selling. Remember November? A million shares would send this parabolic back then. Not no more..
The Shorters are scrambling to get shares you could see it clearly on Level 2 and as soon as they get filled any amount there on the ASK blocking it and keeping it down but not for long because there are no sellers
The FACT is NO DILUTION and only approx, 16 million on the entire float witch u dont see in any OTC stock, and by the way witch PR are you referring to as being bogus? i did my DD very carefully i have a huge position in this and i am following it very closely
I have actually checked out all those PRs in the past and guess what its real as it comes but its a new small company so give it a chance
I am still BULLISH and very strong at it i think if u look at the OTC market in general everything got slaughtered across the board at least here its extremely tight float so it could move very quickly upwards and i believe thats whats happening now
Yep! Same as the one Friday morning. They will probably do it again tomorrow.
Morons running this company. Do they not realize that each time they release these empty PRs that the price drops?
I'll buy a ton when this hits a nickel. That could easily double with a little luck. I doubt this will ever see multiple dollars again. Maybe close to a dollar with a PR with some bite to it but the word is obviously out here. They have lost any real chance of getting heavy hitters to invest.
I am riding on free shares from the big run last year so it doesn't really bother me. It is likely that there are more than a few bag holders here from that run who are hoping to get at least some money back.
The market in general is weak but that makes for good buying opportunities. However, I would not currently recommend ELEK to anyone unless I really disliked them.
Alas, another bogus PR
As always, release garbage PRs and this drops. Nickel fast approaching...copper next.
New PR today but like you said, it’s only fluff when it is only intent. Elek needs to complete something.
PR comes out this morning at open and we reach a new 52 week low. Wow
Thanks jas. Yes this otc is completely crazy. I let a million bucks slip through hands last year and now have peanuts to invest. It’s sick what a year can do in this crazy market and nutso economy. Maybe I’ll keep some here and move some elsewhere. Nothing really looks good right now. Thanks again
I don't have PM either.
Do a little digging from the PRs from the past nine months and take a look at their website. The answers you seek are relatively easy to find. The rest is up to you to speculate.
As far as the prototype, they were talking about their own design for a concept vehicle. They talked about several different projects that included a few different vehicles. None of these ever happened.
The Tesla deal is just a purchase agreement to buy some cars and lease them. Nothing too earth-shattering there. They have a rental website that has been sitting around for a while now but no inventory to actually rent to consumers. In other words, a tangled mess of dead ends that will likely continue to be dead ends.
They supposedly are going to "crash test" a low-speed vehicle. Who wants a low-speed vehicle?? Not me.
Anyway, if you have some cash to put in and are willing to risk losing it all or at least not seeing any real returns for the foreseeable future, this has some potential for another significant run--that's about it. Nobody here can predict if, when, or how that may happen. Think of this like a dormant volcano. We know it has erupted in the recent past. How long will it stay dormant? Will it go silent indefinitely? Stay tuned.
At the end of the day, this is the OTC and it is much like playing a slot machine but with slightly better odds. I only use money here that I don't care about losing. The risk can be worth the reward-- If you stay on top of things and do your homework to know what you own--and more importantly, when to buy, sell, or hold. Base those decisions on what you yourself have researched. Take everything else with a grain of salt.
GL and have a nice afternoon.
Why do they need a prototype when they have ecars agreed to with Tesla? What am I missing? I don’t have PM or I would message you that way. Do you have PM? Can you send me an email or a way to get a hold of you. Thanks jas
Don't believe everything you read on Twitter (or anywhere else for that matter).
It's true, there was a billionaire that showed interest in ELEK last year. That caused a brief but very significant run to $8+. That was short-lived and this was trading around a dollar for a time after that. I would not say that ELEK was being "backed" by this individual. For all we know, he may have sold off his shares by now. I doubt that he is sitting around waiting for this to move. He's probably long since moved on to something else.
I have not purchased any additional shares in a while. My next big buy will be when this hits a nickel later this year. There is some value here if they can get things going. but for the time being, they are stalled. IMO, this will continue to slowly erode down into pennies. I have a boat load already but am waiting for this to drop to five cents or less.
Thanks jas… a couple on Twitter keep talking about this being billionaire backed. Can you explain? If it was backed by such funds what would be the holdup getting this moving?
ELEK is famous for their "news" for several days followed by weeks of silence. IMO, I would not expect anything major to happen here for a while. They have a lot of potential but it seems they lack strong leadership to get things moving. The many "news" releases have done more to hurt than to help, especially when they post the same piece several days in a row. Still waiting for the "prototype" that was to be released in "early 2022". Not following through with that was a HUGE mistake. They should have done a PR explaining why that never happened.
I believe it is a matter of time before hertz and them start their own e-car rentals of some kind. Elektros needs to get it moving. 3 great PR’s in 3 days and then nothing. Wonder if there is a number to call or email. With 12mil float and under a dime??? I wish I had more to get more shares. But from the looks of it there might only be about 10 investors. Lol. But someone has bought some good blocks of 30 and 40k fri and today. Someone is stacking up.
No answer to any of those questions. We shall see I guess
So is elektros going to have their own rental spots like hertz and them? Do you know how far along they are on securing a building? If they have a deal with tesla on cars, they shouldn’t be to far off.
Really need a fake Walmart purchase order here
With 140,000 buys against 60,000 sells Friday, I thinking some news will come out soon. And more buys at the end of the day. We are certainly due. Get this train rolling. I know it will move fast once it gets going. Then once the word gets out, people will chase like crazy. With only 12m float it will be dollars quickly as the charts have shown in the past.
Sorry. Wrong board.
No sellers here, that’s good news
Surprised people aren’t racing to sell this. Offering AND they want to sell unregistered stock?
Need some more news here. Get some eyes here.
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