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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

Comment by WesternBigfooton Mar 21, 2019 10:23pm
234 Views
Post# 29520918

RE:RE:RE:RE:Making money

RE:RE:RE:RE:Making moneyI love the analogy below to the vehicle industry. PAT could be to buildings, buisnesses and istitutions like air bags and ABS are to cars. Great, insightful analogy!


Minitat wrote: With all due respect TF, I disagree.  This stock is unique.  There is a worldwide demand for a solution - even a less than 100% solution - to the deadly violence that is prevalent in urban societies across the globe.  Politicians, teachers, business owners, parents, police and the list goes on, are grasping at solutions to this problem.  Militarizing PAT1 extends safety to deployed troops at their bases and field checkpoints. High value businesses will have pre-emptive warnings to robberies. An affordable PAT1 Lite version can be scaled to be inexpensive for the small business owner (liquor store, convenience store) and provide an aural warning to the staff if someone enters the premises and the algorithm determines, say 95% or greater, that the individual has a gun or a knife. 

The possibilities are endless with this product - and there is a demand worldwide for safety.  Once upon a time ago, cars were death traps.  Then came impact absorbing bumpers, crumple zones, air bags, auto braking, backup cameras, etc - all in the name of safety.  Now consumers expect these safety systems in their vehicles.

PAT1 is a game changer that is on the verge of being an indespensible part of near to mid-term society.  You build it, and they will come....

I'm not thinking 1 digit to the left of the decimal point, I'm thinking mid 2 digits to the left of the decimal point, if not higher.  And the first life, or lives that are saved that become a news headline....sky's the limit. 


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