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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 Beret888on Nov 21, 2024 12:45pm
63 Views
Post# 36324093

RE:RE:RE:When?

RE:RE:RE:When?I think your missing the point of why Exro will be doing a reverse split...  Exro needs to raise more funds imminently.  The BS about non dilutive financing is just that BS.  Exro will raise funds the way it has always raised funds   Diluting shareholders....   Sell tomorrow to pay for today, its the Exro way!!!  But at 18 cents and a 600k average volume nobody will buy the offering...  They need to consolidate the shares so that in the off chance an offering ever got back to the offering price (see the last 3 offerings LOL) these newly minted shareholders can unload the shares to retail.  They can't do this at 18 cents a share.....  I would expect to see something before year end or in January at the very very latest.   Exro will need to unload more shares before they have to announce the poor performance to end the year....  Since undoubtedly that will be a further drag on the share price so Sue will front run that and stick it to the newest generation of bagholders
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