RE:RE:RE:RE:RE:People, People, People, MANY Companies NEVER Use Their ShelfWhat is wrong with you people? Why are you worried about dilution when we are invested in a pre revenue company? It's just a fact of life.
All of this nattering on and on and on about a capital raise is just stupid BS.
Were the SP at $5 or more would you be complaining? Nope, not one little bit. You'de be touting the decisions as a wise one as working capital will ensure share price appreciation that outstrips any possible dilution.
The only difference is the SP. And management doesn't control that. Mr. Market does.So if the timing of the next raise is such that the cost of capital is higher than some would like, so be it.
We have zero visibility as to how much the next raise will be. So how the heck can anyone even begin to guess what the dilution will be?
We have zero visibility the sort of discussions that could be ongoing behind the scenes as we speak. If a customer believes strongly enough in the tech they will want to make sure Exro can deliver, right?
We have no idea whether one or more of these projects in the works will generate access to capital that is less expensive.
Alternate sources of capital include license agreements with up front components, prepayments against volume commitments, factoring of receivables, EDC funding for international sales. The list is a long one.
Whatever the case I am sure that Sue et al will leave no stone unturned. Its in their best interest too.
So stop whining. Sell and buy back later if you can't handle the downdraft.
FYI this downdraft has knocked 30% off of TSLA in the same timeframe..... when they are making record sales!