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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 Viking2233on Oct 04, 2023 11:53am
53 Views
Post# 35669185

RE:RE:Indicated

RE:RE:IndicatedSimplicity, well said with a voice of reason!


SIMPLICITI1 wrote: U30822, 

Thank you but so what? Anyone that lives by the hour to hour fluctuations of an early stage company's SP is well aware of the pricing already. 

For investors (as in those with time horizons measured in many, many months if not years), I for one, don't get all this nattering about the price and more importantly what they think management can or should do about it. Can we apply a little logic please? 

The company has been quite clear on the subject of operating under NDA with potential partners until such time as both EXRO and the partner deem it feasible to release that information. There are solid business reasons for this approach from both sides of the table. If you don't believe the company has these NDA's then move on. If you believe NDA's are simply a smoke screen for EXRO, then move on.

If you are not prepared for slippage on timetables.....move on.

Insider buying is no panacea either. EXRO is in a very dynamic business environment at present. In other words this isn't exactly a quiet time for them on the business development front. In light of this announcements could be forthcoming at any time, and insider buying during this period could set off alarm bells for all the wrong reasons. 

The bottom line is you have financial choices whether your bullish or bearish on the company's prospects.Whining about the SP today, is not one of those options. It's just..... well.... whining......

Everyone here should understand the technology and its prospects by now. The only remaining question is whether it will get adopted in large enough volumes to make this company as profitable as many here think it could be.

Time will tell. End of Story....

 




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