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Thanks for the share Gator!
This is going to be a fun ride!
Welp... That was a boring and non eventful week!
"DO YOU SMELL.. WHAT EXRO IS COOKIN?" I DO!!!! LOL.
Yes, the 9th through the 12th I believe.
Plus Exro will be presenting all next week in a Virtual conference! We're just starting Guys!!
A very positive Potencia update within a couple weeks and another great partnership announcement by end of the month I feel! We should be pushing $1 at that point! IMO!
I just saw it on their website today and that's why I thought it was new. I didn't see the cleanseed partnership on their either.
Thanks guys! I believe everything happens for a reason and I'll be alright. I also believe Exro is building something very special and I'm so glad that we are in the position to enjoy the ride.
I know Sue said early June but this would be an awesome time for that Potencia update to build on our recent momentum! We're heading to great places and Exro has me very excited! I've been laid off due to Covid19 but I just keep telling myself, survive the next Year or two? I have enough Exro shares to make my life a whole lot easier! GO EXRO!!
No problem, any time.
New interview.
Thank you. Did you get to watch her interview from yesterday? That got me excited. First proof of concept in a EV probably in June! (Potencia) that will be big.
Can you share what she said? Please.
Plus Sue is building her team. I think it also has something to do with the Innovation center in Calgary.
My guess is Eric Hustedt is probably better than the 2 guys leaving. I think Sue is just getting the right people for the job.
The feeling I get from Sue is she means business, not messing around. She's going to get the best people in the right spot.
It's been quiet lately. But I'm noticing that Exro is tweeting about electric vehicles a lot lately. This is a sign of things to come!
https://www.nytimes.com/2020/05/07/business/electric-pickup-trucks.html#click=https://t.co/LosEHoDlfk
Exro Tweeted this today. Future partner maybe??
https://electrek.co/2020/05/02/volkswagen-plans-to-launch-a-family-of-affordable-electric-cars-under-22000/
All I have to say to the guys bashing Inmed here. Yes I've been frustrated with the pace that Inmed has moved along but always believed at the same time. Biotechs take forever to begin with but you throw in a brand new science and technology? Delays are inevitable. Plus now throw in a world wide pandemic! End of the day, Inm-755 is moving along. Biosynthesis Alternative method making huge advancements. Almac partnership is a huge development. This company doesn't fuck around. Especially with companies that just kick the can down the road. In my opinion, Almac legitimizes Inmed. I also feel GW will be involved down the road. I'm confident Inmed is on the right track and our time is coming sooner rather than later! GLTA!
For anyone that wants to listen to the presentation.
http://wsw.com/webcast/canaccord39/imlff
How are you Les? I'm still here and have every share! Don't post much anymore because this board has become a hate and bashing forum. I still believe in this company very much.
New article posted today. Nothing we don't already know. The article didn't mention Clean Seed under partners so maybe written earlier. Good article for new investors.
https://www.networknewswire.com/exro-technologies-inc-cse-xro-otcqb-exrof-focusing-on-commercializing-technology-to-improve-electric-motor-performance/amp/?__twitter_impression=true
All I know, I'm not selling shit until at least the buy out happens between $5 -$10! Only a matter of time.
She's preparing for lift off!!
Check out this pump video! You only need one guess on who they're pumping! I actually hate videos like this. I don't think Exro had anything to do with it even though the guy says in the video "The CEO of this company called me." Sure.
https://www.angelnexus.com/o/web/257270?llotc=4&utm_optipub=email-article&identifier=d92222c12ea70a90942b30f3680cd2f4&utm_referrer=3
Hearing about new collaborations are all well and good. Very welcome but they don't move the needle. I'm hoping we start hearing updates with Potencia, Templar and Motorino. Aurora down the road a little further. I want to see purchase orders start coming in. Let's get that revenue going.
Clean Seed Capital trades for less than Exro. They should be releasing this news to their investors! Lol.
Alright Sue! Give us a nice little Email in the morning. We need to keep this momentum going!
Great Email from Sue!
VANCOUVER, B.C. (April 8, 2020) – Exro Technologies Inc. (CSE: XRO; OTCQB: EXROF) (the “Company”) is providing a Corporate update in a letter from the CEO to its shareholders.
Dear Fellow Shareholders:
This week marks six months as Exro's new CEO. These past few months have been exciting and rewarding as we have seen many developments as we execute in our commercialization phase. The team and I are very excited about our future, and I would like to thank you all for your continued support.
During the past months, I have had the pleasure of meeting many of you, our business partners, and key customers and getting to know our key employees. Also, I have spent time learning about our technology and how we move Exro to the next level.
As you all know, my commitment is to close 8 strategic partnerships by the end of 2020. We have four key projects ongoing at Exro.
Motorino Electric Bike- we delivered the first proof of concept in December with outstanding results of exceeding speed and torque by 25%.This was an important project for Exro as it demonstrates the potential of our technology.The patented coil switching algorithms are entirely scalable, so we can take this proof of concept and apply it to cars, trucks, and larger equipment.
Potencia – our project was a multi-stage delivery that started with the Exro motor driver. This driver is delayed due to parts from China; we anticipate delivery in June. In the meantime, we, with the agreement of our customer, have moved ahead to stage 2, which is our coil switching module. Now,both stages will deliver together in June, giving Exro its first proof of concept in an electric vehicle.
Templar Marine – this project is to optimize the powertrain in an electric water taxi. The initial development time was approx. four months, and we expect only a small delay of a few weeks.We are working with Templar on how to most effectively optimize the system, and while the coronavirus has slowed communications with European suppliers, it has not stopped.We are continuing our development and will have results in Q3.
Aurora Snowmobile – is a very exciting partnership for us as there are several opportunities to both integrate our technology into the Aurora powertrain and work with electric motor suppliers in their supply chain.We will start with the 100 volts driver and look to deliver in the third quarter at their request. This project remains on time.
These are four key partnerships as they demonstrate the scalability and versatility of the Exro technology. We are now working with bikes, cars, boats, and snowmobiles. The next four deals are on the horizon, and I am very confident that we will close all 8 deals this year. The team is working hard to ensure the agreements are strategic and the best fit for our resources and financing. There are ongoing discussions with customers small and large in a variety of mobility applications. We continue to evaluate customer provided data which helps us to determine the best fit for Exro and our partners. While there is no guarantee, I am very confident in the current stages of negotiation and to meeting our commitment to these eight deals.
We have also begun a robust rebranding program. I realize this comes on the heels of another rebrand as we moved from DPM (Dynamic Power Management) to ETR (Electronic Transmission) early in 2019. Still, it was a necessary strategic move to align us to the marketplace better.
We remain focused on the commercialization of our Patented Coil Switching Technology but are also continuing to innovate. Our technology roadmap continues to evolve; here are some highlights:
EPM – Electric Program Module (previously ETR).This is a module that integrates our coil switching technology, allowing us to broaden our potential customer base and offer a proof of concept much more rapidly.Our first proof of concept will deliver in June to Potencia.
Integrated Coil Switching Drive – This is a generic integrated driver which incorporates our algorithms.The voice of the customer was loud and clear, and we listened.This built-in coil switching drive will provide a 400 Volt, 150 KW inverter with our technology already integrated inside.This proof of concept will be ready in November 2020
Battery Management - we have had promising results with our AI system and are excited about the future.The team continues with the development, and I have engaged an industry expert to help us to align with the market. We will update these results later in Q2.
Generators – utilizing our coil switching technology in generators will bring efficiency gains to a new group of prospective partners, including the wind industry.We are in discussions with potential partners to bring a proof of concept to market by the end of this year, where we expect to be able to demonstrate the value of integrating our technologies into generators.
Lots is going on; we are listening to the feedback of our partnerships. The basis of our roadmap and our branding reflects our alignment with the market. I assure each and everyone one of you that we are committed to the commercialization of our products that will bring future revenue for the business.
Our Calgary Innovation Center remains on schedule, and I cannot wait to host you all there. We will continue the transition of our Victoria lab, which will continue to operate until the fall of this year—enabling us to execute on our current and upcoming projects while preparing for the growth ahead of us.
Today’s environment is unprecedented, and I remain focused on the health and well being of our employees and their families. We have taken many precautions, and while there are some delays, we do not see any risks to existing or upcoming projects. Our bank account is strong, and we are financially prudent with our spending to best execute the business strategy. While this is a turbulent market, I am not shaken and remain very committed and optimistic about the future of Exro.
I am very proud to serve as Exro's CEO. As both the CEO and as a shareholder, I am here to continue building Exro and our future value.
Kind regards,
Sue Ozdemir
About Exro Technologies Inc.
Exro facilitates the transition to clean energy by providing products and services to manufacturers to increase the efficiency and reliability of power systems, including electric motors, generators and batteries. Exro's patented technology enhances energy systems by dynamically sensing and adapting variable inputs and optimally matching them to desired outputs, creating measurable performance gains and extended lifespan. The widespread applications of the technology apply to optimizing the performance of electric vehicles, UAVs, and ship drives, as well as pumps, industrial motors, and energy capture from wind and tides.
CONTACT INFORMATION
Canada: Jake Bouma
Intrynsyc Capital Corp.
604-317-3936
United States: Vic Allgeier
TTC Group Inc.
646-841-4220
Email: info@exro.com
The people and their resumes that are joining the Exro team is amazing. They're not going to attach their names to a start up tech company unless that company has the goods! Exro has the goods! That's for sure. Hopefully we can get a grip on Covid19 and start getting life back to normal. Let's see what this beast can do.