RE:RE:RE:RE:RE:New around here.... As for share dilution. Exro has two years of operating capital
and will be into revenue before the end of the year. They have left the door open to raise funds if needed. Take the Linamar deal. Linamar is funding it. Sue is great at getting partners to fund. Exro is not far from signing a deal with a tier 1 automaker in which case she can borrow money and not have to raise cash in order to fulfil the orders.
Sue has addressed IP and theft. First to market matters. It doesn't matter how good your tech is. What matters is can you market it sell it convince others to buy it and get to market first. Sue has both stellar tech and built a team to execute the making and marketing of it beautifully. Anybody can copy it but not everyone can market it. It takes credibility to even talk to the big boys and Exro has credibility to spare
management doesn't hold many share as they didn't invent the tech. They showed up late In The game. This was a floundering company in the CSE when Sue spotted it and decided to jump on board. Had she been in since the beginning I can assure you it would be 100% private until such time as an ipo was a appropriate and they would have opened at $40-60 a share. Think Lucid or Facebook or coin base.
The tech is revolutionary. Many of us believe there is more than two torque profiles and the company is keeping it quiet. Why else would they need 9 or 12 leads coming off a motor?
the inverter market alone will be $70b a year by 2025 and Exro can easily dominate that market. Never mind the BCS market which they claim to have opened up a new $30b a year industry with the new tech
a lithium Ion car battery can vary in price several hundred dollars based solely on the internal control system. The profit margins for BCS get silly fast.
Exro is likley a bargain at $4. I not only sold my kids bikes but their helmet too