Post by
Napcoo on Jan 09, 2024 6:13pm
Finance before January 16
Most people agree that finance will be paired with UL and other news, or at least with 2024 letter to share holders, with bearish sentiment, a single UL certificate will not be able to reverse the trend, a most boolish news would be finance from one of the partners, exro did finance sea electric, if exro were good as they claimed, this would be natural, we might know within a week
Comment by
Danno13 on Jan 10, 2024 7:18am
That's probably there late with the UL announcement because of the need for financing.My take on it is there going to announce at the same time and maybe an NDA shortly after
Comment by
Napcoo on Jan 10, 2024 7:54am
Very bearish if finance before Jan 16, meaning they have no other alternatives, rush to get over with it.
Comment by
Usereman on Jan 10, 2024 8:32am
I smell a strategic partnership with a leading EV OEM. This would be the perfect time to launch such an enterprise!
Comment by
Napcoo on Jan 10, 2024 7:32pm
Exro said they met 80% of the milestones, but failed one of the most important one, UL certification, buyers tend to make budget and decisions year end or start of the year, cell driver is going to miss market of 2024. While coil driver missed the volume in a slow ev market
Comment by
sorrenson on Jan 10, 2024 9:17pm
They have no valuable NDA's released. It appears they have no contracts for the cell driver 33 verbal hahahaha and no coil driver sales above 1 day of production .actually more like 1 morning of production . Oh yeah the VP Global sales and Commercial officer (sales manager ) have left the building. Not pretty