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Message: Litarion is the first part of the puzzle

Electrovaya does not have the cash or the where for all to expand the automation of the cell assembly in Canada to meet the projected sales in a timely manner. They have the separator and will have the electrodes as the conversion takes place but not the high capacity automated cell assembly. Litarion is debt free and adjacent to Li-Tec just as the picture on the Litarion website shows, as such, if Electrovaya through Litarion was to acquire LI-Tec the cell production shortfall in Canada could be meet as well as supply any European customers for battery packs.

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