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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 Viking2233on May 21, 2023 10:47am
151 Views
Post# 35458365

RE:RE:RE:I hate to say it, but.....

RE:RE:RE:I hate to say it, but.....

I guess I am a sucker for punishment. I am little confused about your comments below. In your previous posts your tone was highly critical of management coupled with conspiracy theories. You attack any posts that sheds any glimmer of positivity or connection of the dots. They are not the gospel but purely posters trying to connect news releases the company has released.

Now in 2022 you suggest OEM wanted to see solvency and cash in the bank, so that would suggest the recent raise would be a positive for the big boys.

Your reply that back in 2022 they did not have contracts signed with major industry players nor did they have $30M in the bank. Well now they do but what was the cost? 

So is it safe to assume you are happy they have signed contracts, have signed NDA in place? Your previous posts suggest you were critical of signed contracts. They gave away too much, they negotiated poorly.

Can you clarify for this board your positions regarding contracts with RE:Build and Linamar? Is this positive for EXRO?

It obvious you were not in favour of the recent bought deal at $2.25 and 9% dilution and you question why just prior to this bought deal the company claimed to be financially healthy and did not need to raise money.

Now back in 2022 you felt OEM companies want to see cash in the bank, it is possible SUE has many irons in the fire and the recent $30M bought deal is a requirement to do
a bigger contract down the road and subject to some or one of the other NDA's they have signed and close to getting to the finish line.

You were highly critical of recent KTM video and his assumptions, which I respect they are just his opinions and you have aggressively attack his thesis. It reflects poorly on you. Your comments consistently come across as extremely aggressive and critical. Personally I have no issue with being critical but tge aggressive tone is offensive.
 


SIMPLICITI1 wrote: Nice try....but they didn't have 32 million in cash in 2022 and they hadn't completed the Manu build out either....plus, plus plus

And do you recall the terms of that raise? 

Fast forward....they already signed NDAs with OEMs in EU and signed Wolong.....and ReBuild....

The point is.....you  don't say you don't need money  one week and surprise the market the next.with a raise...

Get it? 

Now if you want to keep getting embarrassed I am happy to play your game....

 

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