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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 Pandoraon Feb 12, 2023 1:51pm
89 Views
Post# 35282138

RE:RE:RE:RE:RE:Happy Birthday Exro

RE:RE:RE:RE:RE:Happy Birthday Exro There is a lot of stuff in Sedar and too numerous to copy & paste.

One thing I spotted was that the first financials back around 2016 were signed by Mark Godsy and Jill Bodkin. Jonathan Richey(Inventor) and Frank Borowicz were also noted as directors.

Also the original company BioDE Ventures refers to a Douglas Johnson as being a major shareholder along with an unidentified other investor. (see below).

Later documents show that Pathfinder Asset Management and Partners Fund ( a branch of Pathfinder) were both major shreholders. These companies were under the control of (owned?)
Douglas B. Johnson.

From a report for BioDE Ventures in December of 2015:

5. Designation and number or principal amount of securities and the eligible
institutional investor’s securityholding percentage in the class of securities at the
end of the month for which this report is made:

As at March 31, 2015, the Eligible Institutional Investor, together with the joint actor
identified in item 10 below, has ownership and/or control or direction over a total of
843,400 common shares of the Reporting Issuer and the aggregate securityholding
percentage of the Eligible Institutional Investor is 29.64%.


10. The names of any joint actors in connection with the disclosure required by this
report:

Of the securities referred to in item five, 600,000 are beneficially owned and controlled
by Douglas B. Johnson, a director, senior officer and signifcant shareholder of the
Eligible Institutional Investor, and held through a non-discretionary investment account
with the Eligible Institutional Investor.

These securities were disclosed in an insider
report filed by Mr. Johnson on March 26, 2015.


The original report dated April 6, 2015 incorrectly disclosed these common shares as under the
control or direction of the Eligible Institutional Investor and did not identify Mr. Johnson as a joint action.

This report is being filed to correct that inadvertent error and other errors referred to in this amended report.
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