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Guess I should revise my previous post.
Actually a few thousand dollar profit on a trade is pretty good.
But trying to flip never works for me. If I try to flip, great news comes out and I am left in the dust.
9th day in a row of increased average pps on OTCBB.
Calculated by taking each trade volume times pps and summarizing all of them for each day.
Date Volume Dollars Avg pps
Fri 06 Sep 19 85,875 12,021 0.13998
Mon 09 Sep 19 39,931 5,990 0.15001
Tue 10 Sep 19 51,447 7,848 0.15255
Wed 11 Sep 19 31,655 4,840 0.15290
Thu 12 Sep 19 157,997 25,981 0.16444
Fri 13 Sep 19 89,501 16,003 0.17880
Mon 16 Sep 19 202,353 36,453 0.18015
Tue 17 Sep 19 109,951 20,097 0.18278
Wed 18 Sep 19 389,242 72,500 0.18626
Thu 19 Sep 19 140,067 26,121 0.18649
High volume in Canada again: 608,187, and continued increase in pps.
https://thecse.com/en/listings/technology/exro-technologies-inc
Canadian Exchange volume 743,002
US OTCBB Exchange volume 389,242
Link to Canadian Securities Exchange:
https://thecse.com/en/listings/technology/exro-technologies-inc
Agree. No concerns with day to day pps. I am here for the long run and for the big run when it is ready.
Very good. Thanks for posting Gator.
Great talent in EXRO. Thanks for posting it BIGBUCKS.
Yes, Good news.
Keep in mind though that it is most likely in CAD, not USD.
Canadian market closed at .23 today, so still higher than current pps.
I wonder if that was a requirement of the new GE CEO?
Big volume on Canadian exchange again. 395,524, and held yesterday's gain.
Good volume on OTCBB. 89,501, and also held yesterday's gains.
288,450 volume on Canadian Exchange already this morning.
https://thecse.com/en/listings/technology/exro-technologies-inc
The video IS about EXRO.
The same author published an article today, September 12, 2019 referencing yesterday's EXRO PR.
https://www.wealthdaily.com/articles/revolutionary-electric-motor-company-finds-its-first-client/93495
At the bottom of this article is a link to the same video.
----------
"I've put together a video presentation that lays out the technology, the science, and the market potential of DPM, as well as the profit potential for shareholders."
----------
https://secure.wealthdaily.com/o/web/222525
DPM is EXRO patented technology.
Today's article starts off with:
------------
For several months now, I've been writing to my premium readers about a small tech company that's patented the first major improvement to the electric motor since the very advent of the technology nearly 200 years ago.
The improvement this company made involves the use of AI algorithms in managing the flow of electrical charge through the motor's copper coils.
Called dynamic power management, or DPM, it allows for electric motors to generate peak torque at any engine speed — a critical evolution over everything that came before it — giving the motor up to 10% more power efficiency.
-------------
There is also an article by the same author dated December 13, 2018, that references the same video.
https://www.wealthdaily.com/articles/every-tesla-on-the-road-today-is-already-obsolete/91154
This article mentions the technology is already being incorporated into wind turbines or high-speed train motors, which I was not aware of yet. Great news to me.
Volume 435,625 on Canadian Exchange, up 17.95%.
Volume 157,997 here on OTCBB, up 13.95% here.
Looks like this is beginning to get noticed a little.
Exactly! That is why we are here. Welcome to the board.
201,410 volume on the Canadian Exchange as of now. Only 9,322 here.
https://thecse.com/en/listings/technology/exro-technologies-inc
Guess news must be distributed more in Canada.
Video shows the value of EXRO technology. They did a good job on the video.
EXRO is based in Vancouver, BC.
I do not think they manufacture anything themselves. Just test and prove their technology, and then license it to other companies.
Take a look around their website to read all about them.
https://exro.com
This could be a long term hold, not a get rich overnight play. Though they have finished testing and proven their technology and have licensed it to a couple firms. We are anxious to see how these deals work out. Another announcement of a big deal could send this way up overnight.
IMO, this is the time to get in, testing done, beginning implementation. May have to hold it awhile, but at least you have your shares.
I was not aware there are other companies doing the same thing as EXRO. I thought this was a unique company and technology. I have not done any DD on their competition.
This board would be interested in knowing what you are comparing this to.
Reasons I am here:
The founding CEO co-founded two other successful companies before this.
They own patents on their technology.
They are moving in the right direction. They have licensing deals and working projects.
The stock has a small OS.
There will be a huge need and market if this technology really works and provides reasonable cost savings to customers.
Just my opinion.
Others feel free to chime in.
MANAGEMENT DISCUSSION AND ANALYSIS FOR THE SIX MONTHS ENDED JUNE 30, 2019
Post copied from another board:
https://stockhouse.com/companies/bullboard/c.xro/exro-technologies-inc?postid=30107204
benduck (17)
User Actions
September 08, 2019 - 09:35 PM 9 Reads
Post# 30107204
0
MD&A for six months ended June 30th...
https://www.sedar.com/GetFile.do?lang=EN&docClass=7&issuerNo=00035788&issuerType=03&projectNo=02961866&docId=4584257
MANAGEMENT DISCUSSION AND ANALYSIS FOR THE SIX MONTHS ENDED JUNE 30, 2019
Financial Statements for the 6 months ended June 30th...
Post copied from another board.
https://stockhouse.com/companies/bullboard/c.xro/exro-technologies-inc?postid=30107202
benduck (17)
User Actions
September 08, 2019 - 09:33 PM 6 Reads
Post# 30107202
0
Financial Statements for the 6 months ended June 30th...
https://www.sedar.com/GetFile.do?lang=EN&docClass=5&issuerNo=00035788&issuerType=03&projectNo=02961868&docId=4584258
Condensed Consolidated Interim Financial Statements For the six months ended June 30, 2019
Monthly Progress Report for August 2019. Post text from other board and link to it is at bottom of this post.
No new news or changes from the last 2 monthly reports, other than a tiny OS increase and new CEO, which we already know about.
From August 2019 report:
Number of Outstanding Listed Securities: 63,003,634(as at August 31, 2019)
Versus previous July 2019 report:
Number of Outstanding Listed Securities: 62,932,594(as at July 30, 2019)
The only changes are items 14 and 16, extracted and listed here from the August 2019 report:
14.Provide details of any securities issued and options or warrants granted.
On August 20, 2019 the Issuer issued 40,040 shares at a price of $0.20 per share upon exercise of a share purchase warrant. (Goldrush2001 note: Price is most likely noted in CAD, not USD)
16.Provide details of any changes in directors, officers or committee members.
Sue Ozdemir was appointed Chief Executive Officer effective September 1, 2019. Mark Godsy, the former Chief Executive Officer, will remain as Exro’s Executive Chairman of the Board.
Post and Link copied from another board.
benduck (17)
User Actions
50 minutes ago 2 Reads
Post# 30099237
0
Monthly Progress Report: August...
https://webfiles.thecse.com/XRO_2019-08_Form_7.pdf?330oa0aQNLE5DdHNb.czf_lur7u7p2SH
Good going Gator ! I am jealous.
Wish I could load up also, but will have to be satisfied with the few I have for the time being,
Volume today...
Post from another board talking about volume on Canadian Exchange today. No news --- just a question.
https://stockhouse.com/companies/bullboard/c.xro/exro-technologies-inc?postid=30028882
benduck (10)
User Actions
20 minutes ago 6 Reads
Post# 30028882
0
Volume today...
...was 245.5k shares.
Last time it was higher? July 17th - 273.8k
Then..........we wonder why today?
Higher lows since week of July 8.
Looking at the charts, it looks like it hit it's lows the week of July 8 and has been having higher lows since. Maybe it was just the summer doldrums.
Canadian Exchange:
https://thecse.com/en/listings/technology/exro-technologies-inc
US OTC:
https://ih.advfn.com/stock-market/USOTC/exro-technologies-inc-EXROF/chart
Of course this is only a month since the low, so it may just be a short term trend, but I'll take any trend higher.
106,500 volume on Canadian exchange as of now, and mostly at .1660, which is better than recent trading.
Not worried about boardmarks or breakout boards.
Rather keep a low profile until it takes off.
Do not want a bunch of daytraders here.
Just added my boardmark. It is now 12.
I agree. I was just pointing out that no more shares have been added to the OS since June 14.
Monthly Progress Report for July 2019.
Link copied from a post on another board.
https://webfiles.thecse.com/XRO_2019-07_Form_7_final.pdf?9ZjuN3AbB3MYkXZ42efK0ToAWPXWR.M0
Not sure what is going on.
As of June 1, ihub showed 54.6 million OS.
On June 14, otcmarkets showed 62.9 million OS.
The OS has not changed since June 14, but as you say trading sure seems as though there are plenty shares someone is willing to let go cheap.
In any case this is a longgg term (possibly as much as a few years) buy and hold. Though with testing complete, and production beginning, I would hope it takes off much sooner.
Some of the selling may be impatient traders who jumped in on news, and decided they don't want to be long term. Maybe even selling at a loss to play elsewhere.
No one knows when this will take off --- could be next month or not for a year or more.
Just my opinion.
Best of luck.
Hope for cure of sickle cell disease.
Not ready yet --- still needs more research and trials, but sounds promising.
Researchers have used CRISPR-Cas9 to edit long-lived blood stem cells to reverse the clinical symptoms observed with several blood disorders, including sickle cell disease and beta-thalassemia.
https://www.sciencedaily.com/releases/2019/07/190731145815.htm
I hope we are in the tens of dollars by the time a buyout is offered.
That is the American dream. Most small companies I know are trying to grow enough for a bigger company buy them out at a very nice profit.
Till then, buy and hold.
Thank you Flair. Much appreciated.
We folks who refuse to become a Facebook member cannot view Groups in Facebook.
Can someone post what that link was about? Thank you.
https://www.facebook.com/groups/2195647030725850/permalink/2197782140512339/
Most trades were at the ask this past week. Volume was 486,399.
Must be sellers were offering shares at a lower pps on the ask today.
Change the chart in this link to a 1 Month time frame, and check the Volume checkbox.
Scroll down and it shows trades at ask (blue) vastly more than trades at bid (red) this week so far.
https://ih.advfn.com/stock-market/USOTC/exro-technologies-inc-EXROF/chart
I am holding the shares I have. Would love to buy more EXRO if another loser stock ever makes me any money. Interestingly, both stocks have great potential, but both seem to have more shares for sale than there are buyers at present.
GLTA
Post from another board.
Asking about the trading volume trading on the Canadian Exchange.
No responses yet. I will post responses if and when they appear.
Always gotta wonder...
posted July 17, 2019 02:54 pm by benduck
3 stars
Why the volume today...currently 271,500 thus far. Last time that number was eclipsed? February 19th - 390.75k
Only down .0027 when calculating each trade's number of shares by trade price. Total them all for the day and you get this.
Yesterday (July 16): 5,300 shares traded for a total of $778 yields an average trade pps of .14679
Today (July 17): 288,935 shares traded for a total of $41,814 yields an average pps of .14472
This drop is much smaller than the closing pps.
Not sure who is selling so many shares, but there are buyers accumulating them.
Most trades today and this week thus far have been at the ask.
Wish I had spare funds to get more of these.
Monthly Progress Report for June 2019.
Link copied from a post on another board.
https://webfiles.thecse.com/XRO_2019-06_Form_7.pdf?yGTbB_IajG4Q99Yl6uIbwFlkpa6ug5oj
The most important part I see is delivery of their first order is planned for the fourth quarter.
Accumulate cheap shares before revenues hit the books and everyone else decides they want shares.
Happy and safe 4th to all.
Received a reply from EXRO regarding integrating their technology with NASA's X-57 electric airplane and an Israeli company working on more efficient commercial electric airplanes.
No promise that anything will come of it, but if they can work with NASA that would be great publicity, and possibly NASA could help fund their research.
I had also sent email to the author of the X-57 article and to the Israeli company about EXRO and what they provide to make electric motors more efficient.
EXRO's Paul Guedes reply to my emails follows. I sent email first to info@exro.com and then also to ir@exro.com (because I'm not sure companies check their info email address).
Wed, Jun 26, 2019 10:10 am
Thank you for both of these and we did get the previous email.
I have forwarded to our technical team for consideration and will let you know if anything develops.
Regards,
Paul Guedes
Sent from my iPhone
Message from another board. Not sure all of this has been posted here. The other board gets a few posts per month. Don't think ihub allows competing message boards URL to be posted here.
User avatar
benduck
3 stars
User Actions
June 04, 2019 - 02:13 PM 18 Reads
Post# 29797706
May - Monthly Progress Report...
Report on Business 1. Provide a general overview and discussion of the development of the Issuer’s business and operations over the previous month. Where the Issuer was inactive disclose this fact. While Exro is continuing development of its Dynamic Power Management technology (“DPM”) for motor applications, recent work has also shown that Exro’s coil switching technology improves engine torque at low speeds. Consequently, to support its partnership with Potencia, the Company is focusing more of its efforts on improving torque/speed performance of electrical motors. The Company is also utilizing artificial intelligence to develop new battery management (“BMS”) software technology, which it is calling the “intelligent battery management system” (“IEMS”), which should provide an improvement over existing BMS applications. Exro expects that the new IEMS being developed, when fully commercialized, will allow for constant monitoring and manipulation of energy inflows and outflows, at rates of up to 100k manipulations per second. The goal is total control of the flow of energy, in effect allowing better, more balanced storage of energy, especially under changing conditions, while also making battery banks of any size inherently electrically safe. The Company is also continuing to explore other potential collaborations. 2. Provide a general overview and discussion of the activities of management. Management continues to progress development of its BMS and DPM technologies for Exro’s strategic partners. The Company recently announced a Joint Development Agreement (JDA) with Exarge AS, a Norwegian based company specializing in mobile energy storage solutions globally. The JDA sets out the plan to integrate Exro’s Intelligent Energy Management System “IEMS” into mobile energy storage batteries which Exarge will use to create battery container units for sale or lease. The agreement contemplates a non-exclusive licencing agreement which will see Exro receiving a fee per unit sold and will be based upon the economics of each opportunity. Exro also owns a minority share position in Exarge. 3. Describe and provide details of any new products or services developed or offered. For resource companies, provide details of new drilling, exploration or production programs and acquisitions of any new properties and attach any mineral or oil and gas or other reports required under Ontario securities law.
FORM 7 – MONTHLY PROGRESS REPORT January 2015 Page 2 The Company has developed its “Electric Gearbox” technology, which is derived from Exro’s Dynamic Power Management (DPM) System. The Electric Gearbox brings material value to many applications, and was recently reviewed and validated by an independent qualified company ELEN-MECH Consulting Inc. The evaluation simulated Canadian Standards Association (CSA) testing and it was found that tests have been performed in full compliance to testing standards. Although not an official CSA approval, the report demonstrates that the technology is sustainable and has gone through the rigours of hard testing.
This trades on the Canadian Stock Exchange as well. The CSE under ticker XRO.
The volume is higher there than on the OTC. 249,700 vs 190,125 on the OTC. It also had a good drop today on the CSE.
https://exro.com/investors/stock-information
Is anyone familiar with trading on other exchanges? Are those shares traded in addition to the ones traded in the US on the OTC?
EXRO.com Share Structure page says 54.5 million outstanding and 61 million fully diluted. I wonder if some debt conversions are taking place.
https://exro.com/investors/share-structure
Looking thru their documents on sedar.com (Canada's equivalent of SEC Edgar database), I see one dated June 11 saying there will be an annual shareholder meeting on July 3, 2019.
Annual and Special Meeting of the Shareholders of [Corporation Name] (the “Corporation”) to be held on July 3, 2019 (the “Meeting”)
It does not say what time or where. Do we have any jet-setters here that want to attend?
https://sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00035788
Me either. Really surprised with all the great news lately. Maybe they need money for product development, or other traders dumping for another play.
Had a low ball order yesterday, but it didn't fill. Haven't put any orders in today. Will watch and see how this plays out.
The CEO has a good previous track record, The OS is low, going into production --- all seems good to me.
Best of luck.