Exro Technologies Inc T.EXRO

Exro finally admitted something

[Napcoo]

Coil driver doesn't have economic value in bikes, motor cycles and may be more light applications

This sucks after all the efforts they have done for years
Slowdown in the sector, low expectations on revenue incoming

[Danno13]

The big money to be made with this technology is Heavy Equipment like mining ,forestry delivery trucks,Transportation Trucks, buses, railways  and personal vehicles etc.

[Funman]

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[DDT980]

maybe also do some dd and find a company that doesnt pay $180,000 to employees and consultants to hang around apparently doing not much of anything.

[Napcoo]

True, but these require absolutely reliability, meaning slow adoption with larger players, smaller players do not provided revenue expected, patience needed, but how many people could hold two or three years with loss

[Exrower]

I told Sue that years ago when they first moved to Mesa drop the bikes scooters etc focus on the bus truck high margin market, years later they are finally figuring that out .  Explains why we are where we are . We are in a pickle,  share price is abysmal and we are burning cash fast and a raise or some form of financing is coming soon,  not a great scenario.   Exro needs some

[Napcoo]

We may see Sp bouncing back a little pretty soon after good news, that's when selloff started, a lot of people want out of this mess

[Pandora]

JU has not posted anywhere since Oct. 15th. He likely just got fed up with all the negatives to him or to the Company and decided there are better things to do than fight on here.

[Napcoo]

Yes, there are many signs to exit earlier with a small loss, but I chose to ignore them, it bit back now. Bitter, but still decide to hold and see for another few months

[Funman]

This post has been removed in accordance with Community Policy