Post by
Empire on Jul 13, 2020 3:11am
Re Re Re iiioiii
Some good points, but alas making investment desicions based on vague news releases from a penny stock on the venture exange is the dangerous game we find ourselves in isn't it ? Concerning the xro AGM NR we'll have to agree to disagree as - from my vantage point - it seemed to be lacking essential details As far as Hillcrest is concerned there are good reasons not to be too specific with their releases at this time. A pending European patent application requires upmost prudence involving any details - other than a very basic overview - shared with the public.
There are many considerations investing in green technologies heading into the current stock market climate. At a time when many are warning of another market crash, DD must be done with all factors taken into consideration and from every angle. Some green tech will flourish and others will fall by the wayside.
Exro has shown astute awareness of investor sentiment towards green technologies and capitalized with shrewd leadership and marketing to put itself at a market cap of 76 million dollars. Impressive for a company with near non existant sales right ? All based on future potential. At these valuations current investors will rely on continuous positive developments simply to maintain the value of their current investments. With a market downturn on the horizon the only hope for significant appreciation would be a stellar partnership development. This could easily happen, or.... it may not
Hillcrest on the other hand sits at a fair market value for a small struggling oil producer at 5.5 million dollars. A reasonable market cap for a small oil company at the worst of times in the petroleum industry. Just starting up production again and soon to be benefiting from cash flow once again. It's valuation is rock bottom and does not currently include the imminent licencing of a revolutionary electrical technology.
It comes down to upside and downside. From an obvious, rudimentary look at valuations they both have great upsise. However which one appears to have more downside ?. I mean which company has scores of investors that have recently put in large amounts of money besed on future expectations ? The answer is clearly Exro. The conclusion being that Exro has more downside.
That being said, both companies have great upside potential. So the question is, who do you trust ?
Let's look at Don Curries interviews. A very humble person, head of an oil company in tough times. Nothing to lose. An honest, straight shooter, saying it's tough times in the industry and that he's grateful for the opportunity to become involved in the clean tech industry. All that his company needs is just a bit of capital to do so. A forward thinker in an industry all too set on old ways. A solid guy looking for new opportunities to allow his company to flourish in the emerging lowcarbon economy. Looking through his media appearances you can't find anything straying from this.
Now lets go go through Sue Ozdemirr's interviews.. How about the very first interview- found on the Exro site - with proactive investors. First question " You've loved engines since you were a little girl is that right ?" Answer " That's right, that's right. I definitley love being a woman ( eye role ) but I grew up ..." I found it odd that she took issue with the interviewers question. She instantly had a problem with how she was addressed and she made it very clear this was the case. I was unsure why she got defensive over this even though there was obviously nothing derogatory or demeaning intended. Why be combative when there's no need ?
Perhaps a higher level of defensiveness is required when you're in the midst of accepting investors money to put your company at a level higher than fair market value ? However you interpret it. it's a striking difference in demeanor between the leaders.
Thanks for the feedback and likewise wishing you and investors at XRO the best !
Comment by
iiioiii on Jul 13, 2020 9:35am
That first sentence came off a fair bit harsher than I had meant. I take it back. Walls of text are always more welcome than bullet points. Hopefully you have a good week here Empire.
Comment by
wobermey1987 on Jul 13, 2020 9:48am
Don't feel the need to argue with a board hopping pumper - everyone who reads this board regularly knows about HRH (he made like six long posts about how a $0.04 stock is going to revolutionize the world).
Comment by
wobermey1987 on Jul 13, 2020 5:21pm
It's hilarious because on the HRH board he's trying to keep people from posting about other stocks because "it ruins the conversation". WE KNOW BUDDY. WE KNOW.