Exro - The Sheep of Wall Street Well, it is the season to be jolly! Another round of dilution is imminent. Market cap is less than 50 million, which means Exro will have to raise money of 1/2 of the market cap to keep paying honest CEO, amazing CFO and the rest of the poor souls, who keep working hard doing ... ummm cleaning and dusting of the idle facility I guess. What a mysterious company. Ohh and annual raises are due too. Hope the annual reviews went well. Metrics are good, KPIs are lovely. Sorry what? Sales people brought how many clients in? How many Coild Drivers and Cell Drivers sold? 1? Okay, thanks! Here is a bonus!
I guess Exro's present this year is a bag of coal, ehem, I mean a lawsuit, which is a good reminder, hopefully a wake up call for the Board of Directors to do their job for once!