Wednesday, November 08, 2017 7:07:47 PM
http://www.evolva.com/mission-strategy/
Been following this co for about 5 years. It trades on the Swiss Exchange as EVE, and on the US OTC as ELVAF (although their website only mentions the US-listed ADRs as symbol ELVAY (1 ADR = 10 common shares), so I'm unsure what ELVAF is all about but it's the more liquid of the two US listings.
Today, 1 USD ~ 1 CHF so the prices (SWX:EVE and USOTC:ELVAF) are equal.
They recently completed a very large fundraising and now have about $100MM of cash in the bank, and a newly focused objective on commercialization efforts, as until recently they'd been largely an R&D outfit.
Tons of DD I could post here, but am too lazy for now. IMO a compelling long-term investment (5+ years). The stock price has come down a fair bit over the past few years, and may still see pressure from newly tradeable shares as they hit the market later this month.
For reasons unknown to me, their PR's all have the following clause, so I'm a little leery to paste any of it on iHub as it's a US website.
"This document and the information contained herein are not for publication, distribution or release in or into (directly or indirectly) the United States, Canada, Australia or Japan or any other jurisdiction in which the publication, distribution or release would be unlawful. This document does not constitute an offer of securities for sale in or into the United States, Canada, Australia or Japan."
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