Exro Technologies Inc T.EXRO

long...

[taltimbr]

I''ve been long on exro since the heady days of $7/share... i never thought we would come to the point where exro would disregard the share holder as much as they have with this deal with sea electric.
I said all along that their financial officer was out of his league. What gets me is how confident management appeared on all their pod casts that all was well and that the cell driver was soon going to be certified. I think that exro could have pushed the issue more with the cell certification, they just raised their hands and said "what can we do about it".
Exro share price was in the $3 range for quite some time and if they wanted a deal with sea electric... then that was the time to push it through. Exro has given up everything to sea to make a deal! They took on all their debt and will have diluted our shares into huge amount outstanding.
I never thought Sue would sign off on such robbery by sea. OK i don't have all the facts but from what we know Exro has sold the farm for maybe $200 million in revenue that sea says is on the books.
I say NO way to this half contrived deal. I would rather Exro go to Tesla with their technology and try to work out a deal with Musk.
I hate this bush league give away to sea electric. I say pay the breakup fee and get out.
Exro needs to push with all their resources to get the cell certification. They probably need to cut
staff to save money.

No NO NO to the Sea electric buyout!!

taltimbr

[SIMPLICITI1]

Taltimbr,  Sea will generate revenuse of $150 million US this year. You can bet that the SEA order book was veted by EXRO and that they spoke with both Volvo and Hino to confirm. It is not a maybe. They couldn't be that irresponsible..... nor could the institutions that advised them on the merits of the deal.  SEA appears to have a significant propulsion system order book beyond

[jboom70]

Wait a minute here how the heck do you get 150mil in rev? You have no Idea how many units will sell. The numbers stated in Exro NR are "up to" and are no way guaranteed. Don't point to the outfield when your not even at bat. BTW price action does not agree with your bull case. 

[SIMPLICITI1]

Jboom 70, Enough already, you are in way over your head. Have you ever done a deal in your life? Its called due diligence my friend. The company hires advisors that have to provide opinions as to the voracity of what the other side has on offer.  I never said I had any idea. I said EXRO management has. And does EXRO's advisors who would have gone over this with a fine tooth comb. 

[sorrenson]

2021   sea will deliver 15000 trucks by 2023 ,..Nope Jan 2023  Sea sold 8700 to mevco  deliveries will begin April 2023 .    Deliveries appear to be zero  Hino and Mack will test a pilot truck in six months The only thing we know is that sea delivered one to DHL and 10 to UPS . Everything else is press releases of things to come.  Oh yeah we also know that

[jboom70]

I'm not in over my head my lord! Your the one down 35% this year alone. You honestly believe everything a startup company says? LOL  They are meant to hype the stock in the startup phaze so the can do raises at higher prices, you don't get that and it's laughable. Actually read the raise announcement and listen to how they word things not how you want it to be. Keep buying GL

[u30822]

Simpl, nice post. I just wsh it would get to the bottom so we can figure out what to do from there.

[SIMPLICITI1]

U30822, Sent u a msg

[TeamEddie]

 "I would rather Exro go to Tesla with their technology and try to work out a deal with Musk." if Musk had wanted EXRO he would have it  he did not apparently 

[jboom70]

You have been around for years also. We know all the scooter/motorycle, car and electrical motor companies that must have passed of this, it's a lengthy list. If the coil driver was so revolutionary it would take off on it's own and you wouldn't see this insane deal happen. There has to be a reason sales didn't come in. One also has to wonder what the new direction of the company

[sorrenson]

Im confused how the failed management of the failed company   ended up in control despite giving 2/3 to SEA . Sounds like they bought their jobs  with shareholders money 

[jboom70]

Deal is like a Shotgun Wedding!!