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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 Bookworm28on Jan 29, 2022 3:59pm
140 Views
Post# 34375072

RE:RE:RE:RE:RE:RE:RE:RE:RE:Insider ownership is not that good

RE:RE:RE:RE:RE:RE:RE:RE:RE:Insider ownership is not that good
Joseisok wrote:
jboom70 wrote: Cost them $400.00 to file and will never see a court room. I'd say that's a cheap way to delay a competitor.
      Or eliminate a competitor, let's see what happens.



ePropelled isn't going to get any compensation from the lawsuit. There are no damages (e.g. lost revenue), as Exro has no revenue. You can't speculate during litigation, saying 'we think we would have got these clients or customers, and we think we would have sold them $5 million of our product'. The lawsuit seems a bit risky, from ePropelled's viewpoint. Maybe they want to go public, and they want to flush out any potential patent conflicts before they do? Strange way to do it, but who knows? Seems a little premature.

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