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Message: So, Jack, ....

If you watched the Water Tower clip it's very interesting all you came away with is negative comments about the Jamestown funding? That's it, nothing else. And even that, you fumbled somewhat and twisted the message.

If you wonder why people are using the word basher to describe you, perhaps it's because you seem to only focus on negative tidbits day in and day out e.g. your play by play about new 52 week lows and claiming there is massive dilution in the works. I'd say you've brought it on yourself. And for the record, I can definitely handle the truth just fine. Provided it IS the truth, ... which is very difficult to discern these days with all the corrupt, compromised gov, MSM, activist Corps and Courts etc.

If you re-watch the video, you may hear a lot of good stuff 2nd time around,

  • ELVA IS on track to hit their 2023 guidance and looking forward to more big growth next year and beyond. Primarily still from material handling but a ton of work in background on high voltage stuff. They are planning to stay +EBITDA and produce more profit going forward. They are NOT burning cash. They want to keep it that way and will not persue  any sector that does not have high margins 30%+. Hopefully this means another profitable Q4. That would be 3 in a row. Pretty good for a bankrupt company LOL. They continue to grind it out but no love from the markets yet. Hopefully soon unless the Central Banks destroy it all. Very similar to TMG (heat recovery) which finally broke out with good numbers after years of grinding too.  

    They are refinancing with a bigger Bank to re-structure their working capital larger and LOWER rates.

    They have enough capacity in Ont for 2024 and into 2025 so Jamestown is not a rush and not really significant until 2026 . Sorry Jack. NOTHING about share dilution/financing at this time. Friendly debt as Raj called it. Justified by the growth. They are being patient and working on best terms and lowest rates for funding. They have ample capacity for next 1-2 years.

    ELVA is performing better than at any time in their history. Which many of us know. Only the haters hate this fact.

    Supply chain is rock solid

    Raj also talks about them having a platform technology that can be applied to any battery chemistry, cathode or anode and able to extend the longevity of those batteries by up to 5X's. And dramatically improve the safety.

    The business is doing SO well right now. 

    As mentioned in previous post, entry into the bus market is actually better now than at any time in past. Battery failures are doing the work for ELVA and educating buyers what happens when you try to scale up a cheap auto battery and save money. This gives ELVA a huge opportunity to slide in with a proven high demand battery 2nd to none.

If we want to talk about truths, anyone fear mongering folks there is a massive share dilution being planned right now is simply un-true.

Plus, there were a lot of big positives in that interview you chose not to discuss. If you have nothing to post but negative thoughts and attack the company constantly, what should we call you.


Oct 01, 2023 02:14PM
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