Exro Technologies Inc T.EXRO

New Press Release - Exro's Cellex Division Completes Installation of First Cell Driver(TM) Energy Storage System at Red Deer Polytechnic

CALGARY, AB, Dec. 12, 2024 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean-technology company that provides new-generation power control electronics that expand the capabilities of electric motors and batteries, announced today the...read article.

[Napcoo]

It's the f first! Where are the first 10 units firm  order?!

[Napcoo]

So the 30 verbal orders will follow soon?!

[Beret888]

Lol sure they will....  As long as Sue can find a way to use this to sell you more shares first....   You gotta sell tomorrow to pay for today...  Its the Exro way, plus its the only way they exist long enough to fulfill any "verbal PO's" LOL have you ever heard of anyone saying that out loud publically??  Kinda reminds me of the "non binding POs"

[sorrenson]

This is almost a year late but better late than never so  take it.   Its a public institution  so why isnt the contract cost disclosed?  Based on the history of these clowns it is a dirt cheap "proof of concept "  . The other cellex "contract "  is on 2 or 3 year terms.  Company cant afford a cup of coffee but they do multiyear terms

[sorrenson]

Sorry I will take it as non revenue  freebee as apparently they still are not commercialized. It appears depite everyones belief  they actually can give it away,  So my guess is dont expect any payments .  I would think all the solar panels on the roof at the head office woud be proof of concept . Just millions more out the door  so they can get paycheques and flog shares

[Beret888]

@Sorrenson you can find out the value of the contract, it will be public record but keep in mind the contract will cover the installation cost as well as any other modifications that were required for the "improvement" to be used.  So without seeing the plans and specs I'm not sure how useful knowing what that value would be...

[Napcoo]

Sales without sales for 6 months can go home now, partners without order may empty the area for others, plain simple

[sorrenson]

Maybe hell frooze over and they actually earned a penny but  giess is I  there would be entries for the  receivables for the work performed as it started iinstall Nov 2023  , some press re commercial sale etc , My bet is any funds went to the solar panels and install  like the coil drivers for years     The ifinancials also state the 16 million in revenue is