Post by
Judith1958 on Sep 08, 2021 9:12am
Gates2000000: New Exro Technologies headquarter in Mesa
Under the title "New Exro Technologies headquarter in Mesa, Arizona" you presented us three
photos of Exro's new factory in Mesa, Arizona.
However, I couldn't find these three photos that you showed us from different sides in the internet - can you give me a LINK?
- Exro's "Company Lettering/LOGO" is not evident.
- If your information is correct this a large investion and runs into the millions of USD.
- Under this circomstances the "Cash Balance of around USD 33 Mio" were fast used up.
- In the meantime more than 60 employees work for Exro in the R&D - and the growth goes on.
- Within of around two months USD 1 million is burned alone for the salaries of these employees
- Without of enough "cash/liquidity" Exro can not maintain it's fast growth and R&D strategy.
- A capital increase within of the next few months is under this circomstances inevitable.
- Hopefully, the loyal shareholder could participate at this capital increase and get some in besides options/warrants.
Re: Very low share price after the short sellers attack with more than 11 mio. shorted shares.
I would like to ask you, has somebody an explaination why the shareprice is still so low.
1) Inspite of all the top news we received in the meantime
2) If all the short-sellers had covered their short-positions the price for Exro's share were higher
3) Or came in the meantime some additionally new short-sellers into the market?
3) Has somebody an idea how many uncovered shorted shares are still in the free market.
as with this small volumes it's impossible to cover all these more than 10 millions of shares.
Comment by
Gypsytrader3 on Sep 08, 2021 1:50pm
https://www.exro.com/ Exro's strategy and updates are easily accessible here. They continue to communicate, update and deliver on their strategy. A quick google search should provide any other info you may be looking for.