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Exro Technologies Inc T.EXRO

Alternate Symbol(s):  T.EXRO.WT | T.EXRO.WT.A | EXROF

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 Beret888on Aug 29, 2024 9:55am
105 Views
Post# 36201016

RE:A long way to go, but a little better

RE:A long way to go, but a little betterWhat do you see in the price action that suggests they are arranging financing?  Sounds more like your "hoping" it goes higher so the bags get a little less heavy....  Realistically whos going to lend these people more money?  Whoever does would be sitting behind 100 mill in debt that has to be paid in full before they get a cent...    I cant see it.  As for a dilution who would run that book?  The last 3 never got back to the offering price once announced and after an 80% drop YOY and a 600 million share float that trades 200k shares a day if you were lucky enough to be up how would you realize the gain if you were an accrrdited investor with 10 million shares???  If a dilution is in the cards a reverse split will have to happen first.
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