Exro Technologies Inc T.EXRO

Step aside, the law suit could take a year or more.

[Joseisok]

By then it will be well under a dollar.

[SIMPLICITI1]

Well a bunch of smart people that just ponied up $17 million disagree with you. 

[Moemoney42]

Well if I'd had known they would be doing a dirt cheap bought deal I would have waited with my buys too.. that's what the problem is.. now of course I can buy cheaper than the bought deal but my previous buys were higher. And with the way this came to fruition I don't have as much trust in mangement I once had.. its now time to "show me the money" and get some sales to prove

[Bookworm28]

I doubt it. RJ is usually relatively conservative. They don't venture into the speculative tech plays that often, and they certainly do their DD. I don't have experience with Eight Capital, but I'd expect them to do some level of DD before doing a bought financing with EXRO. Disappointed with the price of the raise, obviously, but I think $1 isn't in the cards. Way too early to

[Joseisok]

      I wouldn't rule out under a dollar. They lost .15/share for 9mo. Share holders equity is only 41m ,  now they have legal expences on top of already high expences, and the outcome is unknown. The market hates unknowns. The market cap is still 181m , a buck would still be a market cap of 121m

[Bookworm28]

Thanks for the civil response. Much appreciated. I see understand why you said what you do. I don't think the fundamentals are an issue today, given the nature of the company, but they will be in 6 months if they don't have anything new to report (e.g. some sales, or additional JVs). Perhaps you are 6 months ahead of where the rest of us might be. Hard to say. I'm going to give them

[SIMPLICITI1]

And when was the last time that calculation was used for a pre revenue tech company? Give your head a shake instead of the tree looking for a cheaper entry point

[Joseisok]

      I'm not a shareholder at the moment, and won't be until the lawsuit is settled. Patent infringement lawsuits are death blows to a company if lost.

[SIMPLICITI1]

BS....AGAIN! Buy nice try..... 

[Joseisok]

      No problem, wish you well.

[AlwaysLong683]

I'D BUY THAT FOR A DOLLAR!!! Robocop reference to lighten the mood, but actually, no, I wouldn't.