3.2Business Highlights and 2021 Outlook

Q1 FY2021 Business Highlights:

 Electrovaya has three employees in Chicago now, makes you wonder what is going on there.

Investment in process, production and scale-up equipment electrode and cell-making to facilitate expanded work on its proprietary and patented unique non-NMP electrode production process and work on ancillary areas.

Both of these Quarter 1 Business Highlights indicate to me they are using R&D money to re-configure the used equipment to meet Electrovaya's environmentally friendly cell production process.  Since they purchased the remaining patents needed for this process is likely that we will see some results sometime this Summer.  If the buss battery business takes off then they will need the cells.  Something tells me they already know what is coming down the pike.  This could very well be a $5.00 stock by early this Summer and $10.00 by Fall.  Hello NASDAQ with out a share consolidation.