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Bullboard - Stock Discussion Forum Exro Technologies Inc T.EXRO

Alternate Symbol(s):  EXROF | T.EXRO.WT | T.EXRO.WT.A

Exro Technologies Inc. is a clean technology company. The Company is engaged in developing power control electronics that expand the capabilities of electric motors and batteries. Its technologies include e-mobility (Coil Driver) and stationary energy storage (Cell Driver). The Coil Drive technology is an adaptive traction inverter that replaces the standard 3-phase inverter in electric... see more

TSX:EXRO - Post Discussion

Exro Technologies Inc > After All That
View:
Post by jboom70 on May 18, 2024 7:12am

After All That

They are looking for more cash.

"Exro is also currently in late-stage discussions with financial institutions to secure non-dilutive working capital that will further support its accelerated growth."

Anyone that's been around for a while remembers the last time they said that, and the resulting capital raises. Dilute putz shareholders again or high interest rate loan? 

That NR/Earnings note reads like science fiction. It's a word jumble meant to mislead shareholders. I suggest you read it a couple of times and take notes to show true direction.

Loving this stock is an abusive relationship for the sharholder.
Comment by Napcoo on May 18, 2024 8:57am
Scary thoughts, my feelings, not being published, in case someone says it's made up, it is 1) any good news from now on, could be paired with new finances 2) The CFO actually thought raises at lower price could be a good thing for the company to attract institutional investors 3) lower price means they could buy or given cheaper options Now that they have new insiders and institutions, how ...more  
Comment by jboom70 on May 18, 2024 1:49pm
Sue screwed the pooch on raises. She should have done large ones at higher SP and not wait till the last minute and get pinched as investors sell off knowing one is coming. SHE DOES NOT DESERVE HER $650,000 plus stock pay. Almost NO CEO deserves that rate of pay it's obscene.
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