RE:Ace: Exro's Coil Driver Named 2022 Edison Award FinalistExro management has only an obligation to communicate with shareholders ,and not the general public via TV , newspapers etc. If news organizations pick it up, fine, but shareholders that have done their DD, understand the science about the Coil Driver and the BCS and also well aware of the Competence and past experience of the management team, most likely why most of us invested here.
I have no idea whether the lawsuit have merit, but if someone else have done the same DD as most of us did, understood how Exro have stolen the march on them and wanted to cover their bet, spending $400 by creating uncertainty among Exro shareholders and then very quietly be able to absorb shares at a much better price than they otherwise woul have to pay, would be a good tactic.
The customers that so far have NDA's with Exro have certainly done a more exhaustive DD. than most of us, as well as the investors that did the last two financings. So I for one like this opportunity to increase my holding at very attractive sale price, When the general public wake up and see EXRO's technology explained on TV and other news organizations the price of EXRO will be north of where it is now.
By how much , I dont know but it will be fun to watch.