Agoracom: Small Cap Investment - Electrovaya - Re: Daimler and Electrovaya...."The Deal"

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Daimler and Electrovaya...."The Deal"

Hardstop

Oct 02, 2015 11:00PM

nickto

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Re: Daimler and Electrovaya...."The Deal"

in response to

Daimler and Electrovaya...."The Deal"

Hardstop

posted on Oct 02, 2015 11:13PM

Deal is crystal clear, Daimler sold plant lithium-ion manufacturing equipment through auctioning and source cells from LG ...

Electrovaya make clear statement in financial that Daimler stop end october and they need to replace revenue, what they seems to have succeed with first 27 MCAD contract (Daimler around 5-6 MCAD/Quarter).

https://auctions.maynards.com/auction-020/itemDetails;jsessionid=DYQ-bXw1uxd2TcnW+YCk5zKZ?lotId=172117

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