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Bullboard - Stock Discussion Forum 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... see more

TSX:EXRO - Post Discussion

Exro Technologies Inc > New around here....
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Post by Aarman4 on Jun 26, 2021 1:54am

New around here....

Hi folks, I hope this finds you all healthy and happy.

I was doing some combing through the markets and stumbled onto this little gem here. I spent a good enough amount of time digging, and I think I might spend my next week trying to find reasons NOT to start a position in Exro....I am thinking that list might come up pretty sparse.

This group of posters seems good and helpful, so I think I will pose 2 questions to start, and any help is greatly appreciated. If I invest in something, I hold until the business plan is thoroughly explored. Strong hands on the shares is what I bring, and I also have been know on occasion to dig up some DD to share.

Question 1: What is the level of insider ownership?

Question 2: What are your reasons to own Exro, and what is the biggest hurdle for exro right now?

Thanks in advance, Aarman4

Cheers!
Comment by CoCa827 on Jun 26, 2021 7:45am
Aarman4, welcome. Insider trading - last 3 months 32,500 +/-. You can find this here: https://money.tmx.com/en/quote/EXRO MANAGEMENT DISCUSSION AND ANALYSIS FOR THE THREE MONTHS ENDED MARCH 31, 2021: https://files.exro.com/investors/Exro-2021-Q1-MDA.pdf EXRO - Potential Markets for the Coil and BCS https://share.mindmanager.com/#publish/ohoLT-PTOF2jT ...more  
Comment by Aarman4 on Jun 26, 2021 12:27pm
CoCa827, thank you so much for the welcome wagon package!! I'll down some time this weekend looking over it as soon as my children afford me some quiet time! Charts to you!
Comment by ESGinvestor21 on Jun 26, 2021 2:26pm
Welcome Aarman 4! I can't do better that Coca827. He is our DD superstar as you can see and presents very factual and balanced opinions . Him and a group of other posters here are not only believers in this company and the tech, but base that optimism on actual facts and analysis. my two cents: Q1      1. The tech. If proven scalable, the sheer number of applications is ...more  
Comment by Exronly on Jun 26, 2021 2:57pm
Keep in Mind. Sue addressed the sale of shares and she said she still has over 2 million shares.  And likely to accumulate more as compensation also Every single move Exro's makes is geared toward proving the technology to EV world.  Every partnership and NR so far has been working around the car world but all of their work, without exception, is geared toward the car world. Sue ...more  
Comment by jboom70 on Jun 26, 2021 4:11pm
Expect more insider selling as management and board members use this as partial compensation. Looks like sell widows are every 6 months and have nothing to do with stock direction.
Comment by Aarman4 on Jun 26, 2021 10:23pm
I don't ever look at insider selling as a negative, unless it is all insiders, and all of their shares. These are employees, and selling their own shares during its a way for them to be paid fairly..... I get way more concerned if how they get the shares is questionable (crazy share compensations). Cheers!
Comment by Aarman4 on Jun 26, 2021 4:52pm
I'm appreciating everyone's comments thus far, please keep them coming! Of my many backgrounds, engineering and light electrical understanding is one of them, so I like that I loosely understand the technology here, as well as it's benefits. So far, after reading CoCa's WONDERFUL DD, I have the current mindset. Things I am concerned about: Future share dilution. According ...more  
Comment by Exronly on Jun 26, 2021 5:31pm
As for share dilution.  Exro has two years of operating capital and will be into revenue before the end of the year. They have left the door open to raise funds if needed.  Take the Linamar deal. Linamar is funding it. Sue is great at getting partners to fund. Exro is not far from signing a deal with a tier 1 automaker in which case she can borrow money and not have to raise cash in ...more  
Comment by beaner53 on Jun 26, 2021 11:55pm
Hey Aarman4, welcome aboard. As you mentioned the knowledge passed around this board by the likes of Coca, Exronly and others is unbelievably helpful to all of us. I think the cap issue has been addressed but I will add that Exro would have no problem raising cash from any number of sources if need be IMO. Yes, cap management is a challenge at this stage but ultimately I believe the SP will run ...more  
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