Bullboard - Stock Discussion Forum Exro Technologies Inc T.EXRO

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

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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

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TSX:EXRO - Post Discussion

Exro Technologies Inc > financing is near

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Post by TeamEddie on Nov 22, 2024 11:10am

financing is near

has to be, its survival time not make a good deal time

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Comment by QuantumTime on Nov 22, 2024 11:16am

And yet they are claiming profitability byH1 2025. How?

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Comment by jboom70 on Nov 22, 2024 12:41pm

Any financing at this time would drop this below .05 cents. Was pondering buying the tax loss lows and flipping in Jan. but good chance the doors close before I could get out.

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Comment by TeamEddie on Nov 22, 2024 6:01pm

yes but its not a choice to raise money its a neccesity

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Comment by jboom70 on Nov 23, 2024 7:23pm

Yep, they are toast either way. If they raise the shorts will pile back on and shareholder value (what's left of it) gets cut in half. If they don't the money runs out quick. No matter what, this company is bankrupt in 6 months. Been pounding the table for over a year to stay away from Exro. Little shocked how quickly the wheels have fallen off. Sue I hope you read this. Small ...more

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Exro Technologies Inc