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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 PliskinNYCon Sep 09, 2019 9:45am
126 Views
Post# 30108163

RE:New acquisition

RE:New acquisitionThe dilution rate is 785,246.333 every quarter for the next 3 years,SUBJECT to certain stock performance stipulations. If I’m not mistaken the stock must reach or maintain a certain threshold for this temperate dilution to commence each quarter I gather. Maybe the agreement will be elaborated upon during the next interview with the ceo. 

Any stock holder would prefer no dilution, my self included but this is the best application of dilution I have seen in a while. A little dilution happens sometimes, just don’t make a habit of it PAT. 

All things considered though, I tend to trust thier judgement, if they deem the acquiring valuable then so be it. 

Not going to change the trajectory, will most likely add to it, IMO.
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