Ayro, Inc. AYRO

Was trapped badly by the stock during the last news and gladly exit most of my position and keeping a small amount. Will see how it plays out.

This EV company has tremendous potential

Red now.

I guess if we can close at 2.90 we should be happy.

It is dead at this level i guess.

$AURO look $UAMY ! Easy double by tomorrow

$AYRO look $PPSI low float will fly soon!

Those are more shares compensation. I don’t think any of them pay any cash for it. They do have some options that can be exercise at 3.17$.

It will take some good news to drive them back to $6, but don’t expect too much without news. For long term investors though AYRO should still have about $20M+ cash in the bank account right now with low level of debt. Therefore, it is not a company that will bankrupt anytime soon. I am curious to see what is their intention with the partnership with Karma. It shows on the filing that they will pay Karma about $1M for the partnership, but it wasn’t clear what AYRO is getting in return. Also, it seems that they are working on another model. So perhaps maybe Karma will help in designing the new model maybe.

Given that the EV has been hot lately, i wonder whether they would create a model that is street friendly and sell to public. There should be a reason why they need to raise $20M+ in cash in July.

Right now if any good news that can help it would be either getting a large order or a cool new model.

Exercise price for the officer on the option is 3.17$... at least it is higher than the current price... Not sure whether they will ever exercise those options if stock keeps falling. So let’s hope they do.