Electrovaya Inc (ELVA)

[Country Squire]

*** Morning ,There was an article on twitter " Toyota's Investment into " Solid State Batteries " which triggered a letter I sent to Raj. in early Feb. where I saw Chamath Palihaipity in an interview brought up TSLA raised the price of there cars because ,Lithium ,nickel-metal hydride ETC batteries was on the rise and that 80 % of Lithium came from China , one of Chamath's future goals was Climate control and Batteries were a huge part of where his team are going to be working on, With that in mind I told Raj of the China Lithium situation and are they a part of your supply chain ? He said they were in the past but no longer and his Lithium is bought from North American suppliers and I also introduced him to a Senior Officer of Piedmont Lithium Company who just set up a division to handle lithium to go directly to Manufactures .BUT here is what I think is a huge Bonus for Shareholders .I could be wrong but I think the last Earnings webanar was the first time I hears the Company say they are working on " SOLID STATE CELLS " and hired new PHDs and R@D Department to further there research in the Solid State Cell Battery. **Reading between the lines , With the Raymond new deal and a Division of TOYOTA i'm woundering if there is a secret joint venture with Toyota on these Solid State Cells in the works ??? That would blow this stock out of the water .jmt