Exro Technologies Inc T.EXRO

Company Letter to Shareholders

[Betteryear2]

• The letter shares commercial, product, and company updates, details around the company's successful recent capital raise, and the focus and goals for the upcoming year.
• Our projects continue to progress on track, with Coil Driver pilots being delivered to customers through the second quarter.
• Exro has received conditional approval to up-list to the NASDAQ, and we are well-positioned to deliver for our shareholders.
• The facilities plan remains on track with a new dyno commissioning in Mesa this month to double product testing capacity.
• Exro will host a quarterly webcast update on Thursday, April 7, 2022, at 10 AM PST / 1 PM EST to review company updates.

CALGARY, AB, Feb. 9, 2022 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed a new class of power electronics for electric motors and batteries, is publishing the following letter to shareholders communicating company updates from its CEO.

 

[SIMPLICITI1]

Thanks for posting!  That letter states exactly what I expected it should. Nothing more or less.   

[Moemoney42]

"Exro has received conditional approval to up-list to the NASDAQ, and we are well-positioned to deliver for our shareholders." Well it will be interesting to see how many of these "conditions" can be met.. the share price certainly won't do it.. or the orders at this point.. so if we do a 1 for 3 roll back we might qualify.. I don't buy Sue's take on the

[Joseisok]

When did you sell?

[JohnnyUtah44]

.... Do You Have ANY Common Cents...any type of Reverse Split will KILL the Company and law suits could Follow...MO ... Please Stop being a NOOB and scaring people....RS will KILL the PPS for 2 Years...MO ......posters like you should be on whoyaa board...MO...shm .... pleaes sell and By a 1 Car Wash Self Serve....MO ..... I agree the timing stinks and the CFO should be Fired, but the RS is

[Moemoney42]

Wow.. did I hit a nerve..? It was a comment that showed the falacy of getting a NDQ listing any time soon.. not trying to scare anyone.. if you don't want to hear the truth then don't read it.. a Nasdaq listing has a "minimum" share price requirement.. so to say that the potential to list won't possibly require a roll back is even stupider.. obviously management thinks the

[Moemoney42]

By the way the term is "common sense" FYI..  :-/

[JohnnyUtah44]

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[Moemoney42]

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[Moemoney42]

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[Joseisok]

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[Moemoney42]

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[Joseisok]

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[ace1mccoy]

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[Joseisok]

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[JohnnyUtah44]

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[Iseneschal]

Moemoney42...... I thoroughly agree with you. My take is... if and when EXRO gets to the point of uplisting....they will have to do a Reverse Split or they will die when they get listed. JMHO....been thinking about this since it was announced. Cheers !

[Moemoney42]

Well its obvious there are lurkers here that don't agree with my take as they keep pulling posts of mine.. I'm beginning to think its a little troll called BackinBlack.. and his other aliases.. he's one sick puppy.. :-/