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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

Post by beaner53on Apr 29, 2023 11:24pm
303 Views
Post# 35421328

Nasdaq uplist thoughts

Nasdaq uplist thoughtsWith the onging debate on the timing of the uplisting, I scoured the net and came across these articles. Both are concise and pinpoint the issues, pros and cons, in my opinion.

https://eventusag.com/the-pros-and-cons-of-uplisting/

https://smallcapinstitute.com/three-characteristics-of-companies-that-successfully-uplist/

Johnny, you are bang on with respect to the benefits associated with uplisting. The question is all about the timing based on what I am seeing. 

In that respect, I believe we have a couple of people on board that have previously stickhandled uplistings to the Nasdaq and, quite likely, other exchanges. Certaintly Rod Copes is one and i'm guessing Ray Millien is no slouch either. 

And most importantly, we have a CEO that refuses to compromise. No shortcuts. We do it right or we don't do it all. Utimately Sue will make the call when the time is right. Given that she clearly burns no bridges (Wolong), I have no doubt that she has Alan Gaines ear as well should she need it. 

So, when will we see it? Who knows. My guess is before the end of the year when the ducks are all in a row, new partnerships currently under NDA announced, SOP comes on board, new signficant orders booked etc. Maybe even a couple of heavy hitters on the BOD.

My impression is that you don't get second chances to shine when you move from the sandbox to the beaches of Waikiki. Talk about scrutiny. 

MO

GLTA




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