Exro Technologies Inc T.EXRO

Mack & Toyota

[Danno13]

I think it's great news having contracts with Mack (Volvo) and Toyota (HINO).It's a big step in the right direction and announcing profitability within 12 months is very positive with increased revenues will attract big fund investors.

[u30822]

OK, but what is going to happen to the share price?

[sorrenson]

That clown will call a nucliear strike urban renewal After years of pumping  they couldnt sell their garbage box  to any oem  car or motor manufacturer .  You now own a penny stock . Another Alberta company ...

[u30822]

So far the share price is telling you what they think of the deal....

[jboom70]

Complicated deal, I see it going mush lower when PPL figure out the dilution.

[SIMPLICITI1]

JBoom, The math is pretty straight forward and this deal is not really complicated at all.  Exro is raising 40 to 50 million in equity for an entity that will generate $CAD 200 million in revenues with at least a 25% gross profit margin in 2024. That will probably double in 2025. I estimate EXRO would need between 80 and 100 million in new money against revenues of just $50 to $60 million

[sorrenson]

OR   SEAs contracts are up to 5000 so  0 to 5000.     They couldnt sell the magic box or the company  to anyone so they do this deal and now become a manufacturer  and will compete  against all the people they tried to sell to .    Just months ago was 100000 units a year on one shift    NDA from former top 3 OEM automaker and Cell