Exro Technologies Inc T.EXRO

How Long?

[jboom70]

Do the suppliers wait till they seek creditor action?

Suppliers must understand their fin. state with release of earnings.

90 days are typical, so how long can they keep the gravy train going?

Sue and Tony...... wolves are at the door !!!

[sorrenson]

The issue for creditors  is there is no assets to scoop.   Anything not secured is scooped by the landlords , the patents for a non sellable products arent worth the paper they are written on  and any inventory is scrap metal and ewaste value Of course the office furniture is worth 8.9 million hahahahaha  I must have missed the original Guernica in the lobby. I guess the

[jboom70]

I thought they owned the Calgary property?

[sorrenson]

No they lease it.  "On March 16, 2021, the Company entered into a ten-year lease commencing on August 1, 2021 for a 36,966 sq,ft, warehouse facility and office in Calgary AB Canada. Pursuant to this new lease agreement, the Company is obligated to pay basic monthly rent of $49,288 for the first 5 year-term plus operating costs and $50,828 for the following five-year term ending July

[jboom70]

So with NO assets, even if they recieved a massive order (LOL) they probably couldn't come up with the cash to execute. Nice job Sue! maybe if you weren't raping the company with those massive salaries you could have lasted longer.