“Tier 1 Suppliers Who Will Manufacture EXRO’s Products” Exronly,, I quote this statement from one of your recent posts. It is contrary to my understanding that we have various partnerships with Tier 1 OEM suppliers that will "integrate" Exro technologies into their own product offerings.
Exro has gone to great expense and seem to be extremely proud of their world class clean room manufacturing facility in Calgary. I believe this is where that they will actually manufacture their hardwares to maintain absolute control of the quality of their products. I believe then they will ship their products to various customers who will include Exro hardware parts into their own new products or retrofit existing products with EXRO technology for superior performance.
At least this is my understanding of how the business will operate. In the years ahead with the Calgary facility is running at absolute capacity and EXRO returning a decent profit, in my imagination they will do a large raise of capital to build their flagship mega manufacturing facility somewhere else. And it could be anywhere else. I hate to mention the Nasdaq exchange again but that move may be coincidental with a large raise of capital with New Yorks biggest financial players and bring in a whole new echelon of investors.
I just can't imagine EXRO giving anyone the recipe to our secret sauce our eleven herbs and spice so to speak. We want to produce an extremely high volume of our product at an extremely low cost of goods sold and charge an exorbitant price for them to our long queue of happy customers competing for volume.
That's how it goes in my imagination.
best regards
thefourth