Exro Technologies Inc T.EXRO.WT.A

I wonder if Sue's gonna wait till 10pm again to release fina

[Beret888]

Of course Sue is waiting till the last day before they get a listing violation from the TSX to release the Q3 Financials obviously unannounced like usual (all reputable companies do this LOL) but is she really going to wait till 10pm again??  I mean even the keeners go home by 7pm so I know she's trying to slip in between the after market close releases and before the morning premarket news releases in hopes everyone forgets by morning but can't she atleast do it at a more reasonable hour??   Have you ever heard of another company doing such shady things??  If so can you tell me who???

[Napcoo]

My estimate or guess: Record revenue in Q3, 15 mln, 75 sea drive delivered, including 40 units manufactured in Q2, net lost 30 mln, cash at hand $5 mln

[Beret888]

If your estimates are correct your math doesn't add up.  Exro couldn't lose 30 mill in Q3 and end with 5 mill in cash on hand...  They diluted for 23 net, they had 2 mill at end of Q2 they received another 9 from Vestcor.  Thats 34 mill.  75 units is 12 mill in revenue, 46 mill- the 29 mill in trade AP from Q2 - COGS  of 24 mill - 10 mill in administration and Coil