Electrovaya Inc (ELVA)

[DewmBoom]

$EFLVF will release Q3 earning on Monday after market close and will hold a conference call at 8:00 am eastern time, on Tuesday, before market open. They are expected to report a revenue (~ 4 mil US dollars) growth of near 100% or so relative to Q3 and they are expected to deliver another 100% revenue growth in Q4. This would be a sequential revenue doubling year for them, with a potential revenue in Q4 of about 8 mil dollars that represent a 700% revenue growth relative to Q1 of the same year.....INCREDIBLE. Their new battery factory can produce over $300 million US dollars in revenue using a three-shift schedule. They have the facility, capability, and the know-how to grow. Their top 2 customers are Walmart and Toyota through their US subsidiary Raymond.