Post by
Exrower on Feb 14, 2023 4:10pm
A continuation of my previous post on strategic partners
The poster who presented the idea of a equity investment and board seat for a future Tier 1 has heightened my fears that such a move would greatly reduce Exro from reaching its true potential. First off the Tier 1 would want to take a position at the lowest possible price and in the long term would not be in their interest to see the stock soar . They would stifle growth as to make a takeover down the road easier and at their price. I feel our current board would happily settle for a price well below what this tech could be worth. It also makes it clear that Battety management systems should be split out of the current CD business. After all we are investors /stakeholders in the company and as such should be expecting and demanding maximum value out of this rare opportunity to be a successful disruptive tech on two fronts