There are a couple of other things I heard in that interview.  First Jon Evans says that LAC has not contracted any product from Thacker Pass to any customer.  OK. . . . . . . . . . .  Then later in the interview he said that the output from Thacker Pass was fully subscribed !  How can that be no contracts but fully subscribed.  He must mean that LAC will use the complete output internally. 

Second thing I heard was He said they were in talks with prospective partners (Plural).  I was already debating with my self whether LAC or Toyota was going to be Electrovaya's partner in this supply chain venture.  I was right it is BOTH.  LAC provides the Lithium, Toyota provides money, engineering services ano operation of 3 US battery plants.  The US government get to help with a 25 year loan just to start it off with more expected and Electrovaya provides Cathodes, a solid state cell, 100Mil Shelf funding and a NYSE exchange listing.  That explains why they are holding the listing paperwork and no reverse split.  They don't need to split the stock, just form a new company with LAC and Toyota. 

https://www.youtube.com/watch?v=O4rW_PUQwCc

Listen to it again!