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Bullboard - Stock Discussion Forum Exro Technologies Inc T.EXRO

Alternate Symbol(s):  T.EXRO.WT | T.EXRO.WT.A | 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... see more

TSX:EXRO - Post Discussion

Exro Technologies Inc > Looks like SIMPLICITI gots a problem with Anglish
View:
Post by tamaracktop on Feb 16, 2024 1:10pm

Looks like SIMPLICITI gots a problem with Anglish

"Ms. Ozdemir is considered a "related party" of the Company and the purchase of Subscription Receipts by a related party means that the Offering is considered a "related party transaction" as such terms are defined in Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company relied on exemptions from the formal valuation and minority shareholder approval requirements provided under sections 5.5(a) and 5.7(1)(a) of MI 61-101 on the basis that participation in the Offering by Ms. Ozdemir does not exceed 25% of the fair market value of the Company's market capitalization."
Comment by tamaracktop on Feb 16, 2024 1:18pm
intimate verb [ T ]    formal   UK     /n.t.met/ US     /n.t.met/     to make clear what you think or want without saying it directly: [ + (that) ] She has intimated that she ...more  
Comment by SIMPLICITI1 on Feb 16, 2024 8:50pm
Look Dimba*s, The press release was unequivocal. So stick your intimate ...well you know where.....
Comment by tamaracktop on Feb 16, 2024 1:29pm
We should know how much she bought within a day or two, possibly even tonight.  I have no idea her financial situation, but it will be great if she bought a load.
Comment by TeamEddie on Feb 16, 2024 8:49pm
I realize the market will see it as bullish but if it is not at least 25k its fluff IMO
Comment by nedstar71 on Feb 17, 2024 12:53am
25k would still be complete fluff. Anything under 100k is all for show, and if she has any real confidence it should be north of 200k.
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