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Message: Sankar the Great, Sankar the Snake Oil Salesman, Sankar the Bull Schitter

which is it? 2013 Sankar states we have a 150 million sales pipeline with a close rate of at least 10% starting in 2014. 2013 Evonik puts Litarion for sale with Electrovaya offering to save the company (as Sankar puts it) with their technology. Sankar was hoping to close the Litarion deal in 2014 and thus hit his 15 million in sales. The sales could NOT come organically because Electrovaya does NOT have the capacity in Canada. Its been about two years since Sankar started dangling the carrot of the 150 million sales pipeline. REALLY, is there anyone that actually believes this pipeline existed or that these companies would wait for (how many) years to get Electrovaya's (allegedly) superior product? Oct.13/2015 "We demonstrate for the first time that NMP is not required for achieving a microstructure comprising carbon black and PVDF binder with substantial uniform disperion throughout the active materials." Sankar has been stating for how many years that we are looking to license our non-NMP process? Hard to license something you have NOT been able to prove works, at least until Oct.13/2015. The licensing deal with Tata in 2102 was for the pre-2.0 technology, what ever that was. The three- pronged strategy that Sankar promoted for so long was at best just SMOKE and MIRRORS. If Sankar was to step down as CEO than maybe Richard Halka would start buying shares in what must be one of the most under valued companies on the planet, going by Sankar's billion dollar statement.

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