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Message: Tiny Battery Company Electrovaya Is Taking on Tesla, Panasonic

Thanks for the article. One thing really stood out in the article is that for every $200MM in sales, they need $40MM in wc. They seem to follow through with the debt rather than equity financing which is a good thing. Interest rate is going nowhere with the Brexit so hopefully the CFO can work magic with EDC to engineer a loan that will lift EFL to the next level.

It is interesting time for EFL and it is going place with EDC support.

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