Elektros Inc (ELEK)

[sweet crude]

Lithium mines in high demand

Battery makers, and heck even countries themselves are looking to lockdown any Lithium supplies they can find. This is big!

[rhopton]

Looks like they're going to get out a shovel and dig

[Gizzer211]

ELEK news

[€LL-$G7$]

Levi is going to pull the plug on this just like HPMM . He has zero employees zero business and zero work ethic..

Charts look the same.. by summer this will be at 004

Dont put your money in his scam
It's a bogus bogus... bs prs
Starve the scammer

[jasmin8192]

I've moved my bid into the 3s now. This can easily move a few cents either way.

[hole-in-one]

You may be getting your nickel or maybe 4’s.

[jasmin8192]

I don't know about trips per se, but this has become a sleeper. Not a peep. Not a good sign at all. Very poor management. Same old story in the pinks. Every now and then one succeeds but this won't be one of those success stories.

[€LL-$G7$]

This is going to 02 and then sub 004s and then trips.
Levi s pattern . 100%

[Gizzer211]

Adding

[jasmin8192]

Yep. And many thought I was nuts for saying that. IMHO, ELEK is finished. They ruined any opportunity they may have had by releasing too much junk. Nothing they mentioned was ever followed up. The billionaire hype worked well. I did OK with that run but I am sure there are many left hoping against hope to get even a fraction of their money back.

I would be surprised if a class action isn't brought against this company.

[hole-in-one]

Looks like your nickel is coming. Holy cow. It might even go lower with zero news and interest. Geez

[jasmin8192]

It made some of us some nice money. IMO, ELEK will have trouble getting things back above a dime. We will never see multiple dollars here again.

[mplscubfan]

Yep. We'll see what happens. "Miami Billionaire" was the hook for me last year, and nothing has happened since then.

[jasmin8192]

Easily one to two-dollar potential but that ship has sailed.

[jasmin8192]

LOL and you wouldn't need over a year of PRs to do it.

[jasmin8192]

I hear you. I have 10K shares of ELEK remaining. I unloaded most in dollars.

I don't think they will get this turned around no matter what they do going forward. Too much damage has been done.

[mplscubfan]

Agreed. Still riding freebies from last year, and it's become tiresome. Hell, I could go buy 3 Teslas this afternoon and start renting them tomorrow.

[hole-in-one]

If just 1/4 of the things had supposedly line up would materialize, this should be at a dollar like Jas says.

[mplscubfan]

This has been a disaster for the last year. Glad I made out when I did.

[jasmin8192]

Very telling that there are no buyers here anymore. Previously, people would be salivating over an ASK this low.

Ridiculous.

I hope their team is happy with destroying any enthusiasm that was once here--and not all that long ago.

I will still buy when this hits a nickel.

[jasmin8192]

Yep. They are terrible in terms of IR. They have dropped so many PRs that have either not been followed up or were simply just fluff that nobody cares anymore about ELEK. Can't trust the team, why bother investing?

Three Teslas is a joke. Where are the prototypes and concept cars promised last year? Charging stations? Crash test results? Any solid proof of any claims made by them? Nothing at all! Just silence.

The rental website has been up for a very long time but it's not functional as they have no rental fleet. Three cars are not a fleet by any stretch, even if we give them the benefit of the doubt that these cars do exist in their possession.

Glad I go into this in the teens before the huge, once-in-a-lifetime run last year. I knew that wouldn't last but for a few days. I did expect this to trade in the low dollar range--certainly not back down to where we are now.

What was once promising, is now pitiful and likely dead. Who can trust them at this point? They have some serious damage control to conduct, to say the least. IMHO, I don't see this back above a dime. It will die like most pinks.

[hole-in-one]

It’s amazing how they spend money on those weak PRs and then no follow ups. Kind of makes you wonder how they plan on getting their e-car business going by January of 2023 as per their plan. Last I heard they had 3 teslas delivered, but to where? They dont even have an office or a place to operate from. It’s the most silent penny I’ve ever been in.

[jasmin8192]

Wow...even the crickets have gone. Cold and long winter ahead for ELEK.

[jasmin8192]

Crickets...

[jasmin8192]

ELEK has the worst IR team. This is going to be in the trips at this rate. Very disappointing to say the least.

Not a peep from them and the last PR was weak as usual.

[jasmin8192]

ELEK isn't going up any time soon with their weak team. They have done nothing but drive this down. They dump a meaningless press release and then re-release that same piece for a few days and each time they do, the pps drops even lower. What could have become a decent entity is now a joke and will likely die a long, slow death until it turns grey.

[sweet crude]

It should never have been that high

That was utterly insane it went to $8 and was result of super liquidity event in market when Fed rates were 0% and maximum liquidity was being pumped into market. Even more so than from Dotcom era.

We will never see that again in our lives.

But .15 to .40 range for ELEK is not out of question once broader markets recover some. That would be more realistic, and maybe higher if can score some real partnerships and revenues.

[hondaboost]

WOW ! ELEK, this EV Got Huge Crash to $0.06 from $8.5! LOL!

[sweet crude]

EV stocks surging on Fed news

Fed saying will start slowing pace of hikes, and take wait and see into news year. This signals the brutal hikes are winding down....look for shorts to cover across the market

[jasmin8192]

Here come the 5s I wanted. Too bad I am not buying any more of this junk. They ruined this when it could have been a nice play in the pinks. I kept a small position but I have better options than this. Really too bad that they ran this into the ground with their crappy PRs. Not a single one ever came to fruition. Lots of empty words...

[sweet crude]

ELEK not debt risk

@elektrosenergy
Unlike other EV players, Elektros $ELEK maintains a healthy balance sheet with little to no convertible (toxic) debt

Unlike other EV players, Elektros $ELEK maintains a healthy balance sheet with little to no convertible (toxic) debt pic.twitter.com/7olAGCBJh9

— Elektros, Inc. (@elektrosenergy) November 29, 2022

[jasmin8192]

Yes, agreed. It was also due to the great fluffy PR about the billionaire investor. Even so, this, if properly managed, should be trading well north of where we currently find ourselves. I dumped most of my shares because this is not looking to do anything but die of natural causes like most pinks. Greys are in the future if they can't get their act together.

[sweet crude]

Last year was different market

What you saw last year you may not see again in your life, or least not in another 25 years like dotcom liquidity run. That was due to 0% interest rates and that just is not coming back.

But, I do agree they need to appoint a real team. Get some project heads and people with real EV background and this will take off.

[jasmin8192]

And right back down. This thing is dead. With proper management and a qualified team, this should be trading at or close to a dollar. Instead, we get the same lame fluff pieces. No interest here.

Too bad. At this time last year, things looked a bit different.

[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