Exro Technologies Inc. T.EXRO

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

Industrials

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.

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Exro Technologies Inc. > RTO or Golden Parachute?

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Post by jboom70on Feb 05, 2024 9:37am

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Post# 35862722

RTO or Golden Parachute?

Sea shareholders have been holding the company for over a decade with NO return on investment. Been a long road with just a dribble of sales finalized.

Now they will have 322 MILLLLION shares under Exro and if it were me I would take money off the table.

322 000 000 X .30 cnd= $96 600 000

322 000 000 X .50 cnd=$161 000 000

The Heavy share dilution will allow SEA shareholders to get out over time. BTW it will be on your dime.

Future will be bright with all those sales!!! LOL

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