The presentation only present their Hydro One project in Ontario or Thames Vellay Vision project in UK. None of the project anounced to be finished. They targeted summer to finish those projects. I'm not sure where Electrovaya get money to by a plant build with Billions of dollars, unless someone invest on them. The plant is guessed to be Li-Sec bought by Declaimer April 2014 and closed shortly, it's not a easy task to turn the plant over, although the main reason the plant closed is they technic to make battery is too expensive. Electrovaya's battery is cheaper, but they have problem with their productivity, like the Thames Vellay deliver is delayed more than a year.

Hopefully good news comes together, but there also a risk based on the company's performance.