Seems a new poster as of Nov 04 is trying to stir things up.

http://www.stockhouse.com/companies/bullboard/t.efl/electrovaya-inc?postid=25434873

First issue rergarding "severely underestimating the financial requirements of Litarion". seems they had a pretty good roadmap to determine this as Daimler was managing to produce a slight profit at the plant with $27mil annually. It would lay out the wages and salaries plus O/H costs quite clearly I would think.

End of june 2016 they had $2.68mil in cash. They dug into the LOC for $5.3mil. Other revs were $5.2mil and inventory was quite high at $16.739mil. There has to be sales in Q4 of at least $3-5mil on top of all that. Hopefully sales amount to more as the large inventory count was due to delayed delivery of product at the request of customer. Now no one will disagree, cash is definitely tight, but it looks like they should be able to manage.

If things were that difficult, one has to believe EFL would have done a financing of some type by now.