Exro Technologies Inc T.EXRO

Fishy ?

[abracadaver]

newbie here, with a few observations:
This co,has a patent on a device that enhances existing and future electric motors. What to do ?, start manufacturing with all the expense of getting a new factory up and running, or licencing the patent to all existing and future world-wide motor manufacturers, and lie on a beach snacking on bonbons?

Question: if this patent is so valuable, why hasn't this co been taken out by Tesla, GM, BMW, VW. $200 mil and you've got control of the patent! Chump change! Both use it and licence it !
Please explain any of the above, Thanks, from current shareholder !

[GregMan241]

nothing fishy.  They have to complete a Proof-of-Concept process with each application ie: bike, boat etc..... This is the prudent way to do it. You just can't build it and hope companies will buy it.  This is not like anything else and minds/attention have to be made aware and the best way to do it is the proof is in the pudding approach. THEN and only THEN will what you suggest

[Kanbaan]

Exactly, nothing fishy go on. Ever since Sue has taken over as CEO everything has gone in a straight line hitting deadlines and forming new partnerships, I'm quite happy with the progress of the company. Exceptional BOD and technology here, not a meme stock if ur hoping to become an overnight millionaire I think ur in the wrong stock. Glta and long and strong .... always adding looking for

[raglo]

biggest risk is that we get a cash offer from a Chinese company before we become cash flow positive, and the Tax man will have his pound of flesh.

[BSdetector2016]

Anything China-elated will be blocked by government until the hostage taking ends.

[fleetwood]

Any cash offer will be an amount that results in current shareholders making lots of money, IMHO.

[PennyDude]

Being bought out will suck big time IMO.  Over time share appreciation could make this a $50/share stock....or we could get bought out at $10 per share or less....which would you prefer?