Exrof making moves
by rlevine99 | June 9, 2020 11:15 pm
I was very intrigued by the little 20 million dollar company that was “threatening” tesla. I purchased Exrof at 37 cents and it sat for a bit and now has gone up about 8-10cents per day for past 6 sessions and now at 92cents.
I see the CEO is speaking at a summit this week but no news otherwise to explain the surge. Was half expecting a tesla aquisition but not a peep. Has anyone else been following and or profiting?.
Source URL: https://www.stockgumshoe.com/2020/06/microblog-exrof-making-moves/
I would imagine that’s just because of more investor attention flowing into a microcap stock — has often happens with this one when Tesla is in the headlines and they trot out the story again. They did a fundraising to keep things going, but otherwise it’s all really still-nebulous talk about partnerships that have yet to generate any revenue or real product introductions.
Might work out in the end, I have no idea, but I’d be prepared to be very patient if you’re a believer in the technology.
Brand new here. It was this teaser that got me to searching. I’m curious what anybody has found out about this “new technology” to improve electric motor efficiency. I was working for a company in the mid 90’s that installed a “Smart Start” to start their large electric motor twice a day. The extra draw from the grid was expensive and the smart tech paid for itself in the first year! Is this what were looking at here or are the motors themselves redesigned physically?
I certainly defer to your perspective of this scenario as i am sure you have seen many of these. I did find it very refreshing that the CEO stated that there was no material reason for the stock to have spiked prior to her presentation. They now have a number of contracts but you are correct that hasnt changed the revenue line.
At first their contracts seemed bizarre and random but according to the CEO they are intentionally reaching out to different industries to prove the size and scope of the products application. Hence, a taxi company, a boat company, a bike company and now a farming company called clean-seed.
I am reasonably positioned right now in gold, mining , oil and energy right now. I think im gonna indulge myself and go down the rabbit hole on this one lol. Thanks for all you do Travis, i will be an irregular for life. You should do an annual convention when the coast is clear again.