Exro Technologies Inc (EXROF)

[Gator532]

I just saw where someone posted these buys are part of the PP. Reading the PP release it makes sense.

“VANCOUVER, B.C. – Exro Technologies Inc. (CSE:XRO; OTCQB: EXROF) (the “Company”) is pleased to announce that it has arranged a non-brokered private placement financing for gross proceeds of up to $1,485,000 through the issuance of up to 5,500,000 common shares (“Shares”) at a price of $0.27 per Share (the “Offering”). The Offering is expected to close on or around October 28, 2019.”

Non brokered PP would make sense with the insider purchases and at .27 cents. So basically they are buying directly from the company. So Godsy is basically financing the deal with the greatest return rather then just handing over the cash. I guess that’s how he became a billionaire, lol. In 4 mos or so those shares can be sold adding to our float, FYI