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Exro Technologies Inc T.EXRO

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

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 ddogoldon May 21, 2021 7:58am
162 Views
Post# 33246624

RE:RE:Up Listing

RE:RE:Up Listing
GGreen wrote:

I've always thought that uplisting would lead to more interest from funds that can't invest in venture listed cos. but I have first hand examples of cos that uplifted to TSX and the stock price is now lower! All within the last year (ex. XBC, GRN, ATE, PYR). Lucky me! A couple had unexpected speed bumps but if I recall correctly none had a huge bump in stock price just because of the uplistiing. Some have stronger mgmt teams (EXRO being one of them) so I'm expecting they will deliver on several of their milestones.

All of these examples as well as EXRO, all have one thing in common - the need to EXECUTE AND DELIVER on POs, LOIs, pilot projects or partnerships. That above an uplisting will facilitate access to cheaper capital, increased SH value with an appreciation of the stock price.

If I recall correctly, they all have reasonable cash positions and should not need capital for several quarters - some will even be editda and cash flow positive this year! I still hold 4 of the 5.

The steady and sure cos. that don't issue "fluffy" press releases will pull ahead.


Good post . The key is a well run company with good management . Under promise and over deliver . Walk quietly but carry a big stick . So far Sue et all have done just that . GLTA 
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