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I agree, this is just beginning. GLTA!!!
Welcome Back Dewmboom, pleasure to have you here.
Electrovaya: Rising Profits in Electric Forklifts
https://www.moneyshow.com/articles/dailyguru-56051/electrovaya-rising-profits-in-electric-forklifts/
GM Yankee, This one of the pages I was looking at the Blu3-Vent ... https://www.diveblu3.com/blu3-vent/
Also, they look like they added a lot of pictures and videos throughout their site. Bodes well for the non-english speaking customers they can see what they offer! This is going to be a winner!
Their website looks like they updated it, also it looks like they are selling the Ventilators on there also, if not they are promoting the Blu-Vent! Maybe they can sell them in other countries?
Great find!!! They did mention that they were looking into E Buses in the conference call when talking with the Analyst for Capital Investments.
Wow, good to see a move here! I wonder what's going on!
I felt the CC went well most of the info was information was in the reports that they put out already. which was a positive. I did notice when the analyst asked about the E-Buses that his voice changed like he was holding back on the information about the subject, maybe they didn't want to release any information on that subject right now. That could mean good news is coming, or maybe not? At least he gave a time frame of a couple of years down the road for the E-Buses and trucks.
Maybe we get past the $2.00 mark today.
GLTA!!!
Nowwhat2, Welcome to Electrovaya there is more participation on the OTC board EFLVF can you try that board with your questions. Again welcome to the board!
Still waiting on that spark that will take this to the next level. GLTA!
Earnings will be released Wednesday, Feb. 10 after the market close.
http://www.conferencecalltranscripts.org/summary/?id=149671&pr=true
CEO of Lordstown Motors interview ...
I added here today on this dip! Earnings due soon may be the last chance to get cheap shares.
Great job guys, I sold my shares way too soon. GLTA!!!
They will do a 5 to 1 split only if they have to. They are going for a NYSE or Nasdaq listing and the share price will have to be compliant with the exchange that they listed on. If they announce strong earnings and the share price increases to where they don't have to do a consolidation of their shares to apply for an up listing they won't. we should find out soon earnings are due within the next two weeks and for them to be thinking of an up listing I am sure they will have good news coming.
GLTA!!! I am holding on to my shares tightly and I am adding still on any dips!
I read somewhere that it's Feb 12.
Looks like a buying opportunity before earnings. Just because the company has been quiet does not mean that nothing is going on. GLTA!!!
$RIDE is starting to look interesting!
Sure looks like we are gaining interest in the investor community. GLTA!!!
That's good to hear. Their timeline company presentation does mention that they did get an order for batteries for buses, I guess its time for an update on that order. That would be some good news for us!
This stock will go soon I am seeing lots of ads from the company promoting their products, small wall at .02 for now.
GLTA!!!
Geo, we are gaining interest! All we need now is a nice PR and a good ER and we will hit $5.00+ very easily. GLTA!!!
Raymond and Electrovaya expand alliance
Thursday, 14 January 2021 ( #1008 ) - Toronto, ON, Canada
Electrovaya expands relationship with Raymond
Electrovaya and The Raymond Corporation have completed a strategic supply agreement for the supply of battery systems for Raymond's Energy Essentials Battery line. The agreement provides Raymond with exclusively distributed Raymond-branded lithium-ion batteries that are UL 2580-listed and compatible with most class I, II and III Raymond forklifts. The battery systems utilise the latest Electrovaya NMC Ceramic lithium-ion battery technologies and provide a full integration with the Raymond vehicles. "Our decision to collaborate with Electrovaya as a strategic supplier followed many months of rigorous engineering and testing activities," says Jennifer de Souza, senior director of energy solutions, procurement and leasing for The Raymond Corporation." Energy Essentials distributed by Raymond enables a complete and unique integration between the truck and battery, giving full visibility to operational data elements including state-of-charge. "Engineered to excel in tough materials handling applications, these lithium-ion solutions provide our customers with significant productivity enhancements, including increased uptime and reduced electricity costs," she adds. Rajshekar Das Gupta, vice president, technology and business development at Electrovaya, says the new relationship supersedes the 2019 sales agreement between the two companies. "These battery systems, when paired with Raymond materials handling equipment, have the potential to increase energy and greenhouse emission savings for customers, especially those with multi-shift operations. "From a commercial standpoint, Raymond's sales reach and ability to service and support a large range of customers, increase the potential distribution of these battery systems," he adds.
https://www.forkliftaction.com/news/raymond-and-electrovaya-expand-alliance.aspx?n=24267
The correction price on batteries is 20K so the total order is $500K, not bad for the first order this year!!!
Televet, I am not sure I will give their IR person Jason a call next week. I think these are the batteries that cost 200k apiece and someone ordered 25 of these is this a $5 million order?
Thanks, I also updated the I box today.
Country Squire, nice find these are the big boys the Energy Essential Systems batteries!
Monumental day indeed, Damon M. Hosmer. Just a few weeks into the The Raymond Corporation and Electrovaya strategic relationship, and we have executed our first delivery to this key customer. Looking forward to many more exciting projects! #sustanability #lithiumbatteries #materialhandling #cleantechnology
Damon M. Hosmer
Damon M. Hosmer • 3rd+ ?? Developing a motive power ecosystem with unmatched synergies designed to enhance an operation’s ability to run better and manage smarter! ?? 1d • Edited • 1 day ago
Today marks a monumental day for The Raymond Corporation & Electrovaya, the first 25 Energy Essentials batteries are being shipped out to a large retailer looking to grow their production capability while working towards an aggressive sustainability goal set forth by their executive team.
https://www.linkedin.com/posts/rajshekar-das-gupta-90666411_sustainability-energysolutions-materialhandling-activity-6755304090449833984-Z1sQ/
Lots of blood, sweat, and tears have gone into the last 18 months of commercialization efforts which have resulted in the industry's first UL2580 listed NMC battery supporting the industrial market. I'm proud to be a part of this process and look forward to seeing what else the future holds for the Raymond Team and our valued partners. #sustainability #energysolutions #materialhandling
Sai, I agree getting Raymond branding for forklifts is a dream! Would love to see who they get for Electric Buses. This sounds like a winner to me. GLTA!!!
BMAN, There are some nice incentives for the new CEO in his contracts. I hope he can start achieving these goals. BTW has anyone spoken with the new CEO?
From 8-K
Electrovaya Closes CDN $3.27 Million Private Placement
TORONTO, ON / ACCESSWIRE / January 11, 2021 / Electrovaya Inc.
("Electrovaya" or the "Company") (TSX:EFL) today completed a non-brokered private placement (the "Offering") of 2,422,222 units ("Units") at a price of $1.35 per Unit for aggregate gross proceeds of CAD$3.27 million. Each Unit comprises one common share of the Company (a "Common Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will entitle the holder thereof to acquire one Common Share at a price of $1.75 for a period of twenty four (24) months from the closing of the Offering. The securities issued in conne ction with the Offering will be subject to a hold period of four months plus a day from the date of issuance pursuant to applicable securities laws. The proceeds of the Offering will be used for general working capital purposes.
The Company has paid Numus Capital Corp. ("Numus") a cash commission equal to 6% of the proceeds raised from subscribers introduced to the Offering by Numus, and also issued broker warrants (the "Broker Warrants") equal to 6% of the securities purchased by such subscribers. Each Broker Warrant entitles the holder thereof to purchase one Common Share at a price of $1.75 for a period of twenty four (24) months from the closing of the Offering. The Offering has been conditionally approved for listing on the Toronto Stock Exchange.
For more information, please contact:
Jason Roy, Director Investor Relations
Electrovaya Inc.
905-855-4618
jroy@electrovaya.com
About Electrovaya Inc.
Electrovaya Inc. (TSX:EFL) designs, develops and manufactures proprietary lithium ion batteries, battery systems, and battery-related products for energy storage, clean electric transportation and other specialized applications. Electrovaya is a technology focused company with extensive IP. Headquartered in Ontario, Canada, Electrovaya has production facilities in Canada with customers around the globe.
To learn more about how Electrovaya is powering mobility and energy storage, please explore www.electrovaya.com.
Forward-Looking Statements
This press release contains forward-looking statements, including statements that relate to, among other things, completion of the Offering and the use of proceeds thereof, intentions, beliefs, expectations and estimates, and can generally be identified by the use of words such as "may", "will", "could", "should", "would", "likely", "possible", "expect", "intend", "estimate", "anticipate", "believe", "plan", "objective" and "continue" (or the negative thereof) and words and expressions of similar import. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, such statements involve risks and uncertainties, and undue reliance should not be placed on such statements. Certain material factors or assumptions are applied in making forward-looking statements, and actual results may differ materially from those expressed or implied in such statements. Important factors that could cause actual results to differ materially from expectations include but are not limited to: market conditions and demand for the Company's securities; general business and economic conditions (including but not limited to currency rates and creditworthiness of customers); Company liquidity and capital resources, including the availability of additional capital resources to fund its activities; level of competition; changes in laws and regulations; legal and regulatory proceedings; the ability to adapt products and services to the changing market; the ability to attract and retain key executives; and the ability to execute strategic plans. Additional information about material factors that could cause actual results to differ materially from expectations and about material factors or assumptions applied in making forward-looking statements may be found in the Company's most recent annual and interim Management's Discussion and Analysis under "Risk and Uncertainties" as well as in other public disclosure documents filed with Canadian securities regulatory authorities. The Company does not undertake any obligation to update publicly or to revise any of the forward-looking statements contained in this document, whether as a result of new information, future events or otherwise, except as required by law.
SOURCE: Electrovaya Inc.
View source version on accesswire.com:
https://www.accesswire.com/623884/Electrovaya-Closes-CDN-327-Million-Private-Placement
http://www.conferencecalltranscripts.org/summary/?id=122157&pr=true
Geo, do you know when the 1st quarter earnings report is due, I think I read somewhere that it is February 12? We should start to see a run-up of SP around that date.
$EFLVF New youtube video on ELECTROVAYA by Octopus Money Multipliers
$EFLVF New youtube video on ELECTROVAYA by Octopus Money Multipliers
Thanks, I used the wrong symbol before it is $EFLVF not ELFVF
New video on ELECTROVAYA by Octopus Money Multipliers
$ELFVF ~ New video on ELECTROVAYA by Octopus Money Multipliers
$ELFVF ~ New video on ELECTROVAYA by Octopus Money Multipliers
$ELFVF ~ New video on ELECTROVAYA by Octopus Money Multipliers
Georgie, thanks for the technical breakdown of the chart! Our day is coming. Happy New Year to All!!!
I added a few things to the I-Box here and updated the sticky. This should be more informative for our newer investors here.