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Exro Technologies Inc. T.EXRO

Alternate Symbol(s):  T.EXRO.WT | EXROF

Exro Technologies Inc. is a clean technology company. The Company is engaged in developing power control electronics that expand the capabilities of electric motors and batteries. Its technologies include e-mobility (Coil Driver) and stationary energy storage (Cell Driver). The Coil Drive technology is an adaptive traction inverter that replaces the standard 3-phase inverter in electric vehicles. Utilizing its patented coil switching technology, the Coil Driver enables the motor to dynamically switch between two modes, series mode optimized for high torque at low speeds, and parallel mode optimized for high power and efficiency at high speeds. The Cell Driver technology is a fully integrated energy storage system designed for commercial and industrial applications. Its SEA-Drive power system provides a complete e-propulsion solution to original equipment manufacturers. It encompasses everything from high-capacity batteries and electric motors to next-generation control units.


TSX:EXRO - Post by User

Comment by Empireon Jul 12, 2020 12:29pm
141 Views
Post# 31257486

RE:RE:Founder Jonathan Ritchey ?

RE:RE:Founder Jonathan Ritchey ?That's the question. From what I see most are assigned to Exro but I still wonder. It begs the questions.

Were there any mitigating circumstances or employment clauses which could potentially affect the claim to IP ownership - and leave the door to litigation open-  if Jonathan's relationship with Exro changed ?

The guy is obviously highly intelligent. Was he working on a new idea, and did he have something in his back pocket which he could now develop independently from Exro ?

If he decided to branch off on his own or go with another company, wouldn't he be the nightmare competitor to Exro. Having an indepth, inside and out knowledge of the very company that he was central in growing out of nothing ? 

Not outlining the reasoning for his removal from the board, and not saying what his ongoing role with the compnay will be, was very imprudent. It  inherrently leaves an elephant in the room, and any interested onlooker must ask all of these questions. All simply due to an incomplete and terrible NR. Were they neglegent to include the benign reasons for this massive change to the internal dynamics of the company ? Or are they hiding something ? Until more answers are given to clarify the situation, these questions remain.
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