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Xtract One Technologies Inc. T.XTRA

Alternate Symbol(s):  T.XTRA.WT | XTRAF

Xtract One Technologies Inc. is a technology-driven threat detection and security solution company leveraging artificial intelligence (AI) to provide secure patron access control experiences. The Company is engaged in the development and commercialization of an integrated, layered, AI-powered threat detection gateway solution. It operates in two segments: Platform and Xtract segment. The Platform segment develops and commercializes an AI-powered threat detection gateway solution. The Xtract segment develops AI solutions for customers. Xtract One’s Gateway product enables companies to covertly screen for weapons at points of entry without disrupting the flow of traffic. Its AI-based Video Recognition Software allows venue and building operators to identify weapons and other threats inside and outside of facilities and receive valuable intelligence for optimizing operations. It serves various industries, including arenas and stadiums, ticket venues and attractions, and casinos.


TSX:XTRA - Post by User

Post by illumination1on Oct 12, 2017 7:26pm
188 Views
Post# 26807254

8.5 Million Bought Deal!!!!

8.5 Million Bought Deal!!!!
I just looked at the news releases right now and didn't know we had a bought deal!!!! That is excellent! When bought deals happen from what I have experienced the equity tends to keep moving up but a lot of this is contingent on those who are involved. I was involved with espial some time back and they were trading at .75 they got a bought deal at $2.25 and one of those who bought in was Global Max Fin and they were very loyal to the company or perhaps more to protecting their position and kept buying at a lot of times $2.25 even when the equity traded as low as $1.80 now the bought deal here is $1.20 and if I figure people usually like a minimum 20% above where their equity is trading I would put the floor around $1.44 (20% of $1.20 is 24 cents) which isn't bad but of course I would prefer to see us reach $2 and keep going. Regardless, this is fantastic news didn't know that happened!!! Exercise price $1.70 the news was one day ago! This is looking really good actually. The company is obviously flush with cash and they have been very prudent in getting things done to where we are today and to date so all this bode wells. It looks like there will be commercial news (ramp up) and getting units flowing out soon! Pretty darn exciting! good luck all.
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