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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 PliskinNYCon Dec 14, 2020 5:16pm
298 Views
Post# 32102696

New CEO has been there for 3 weeks and it’s holiday season..

New CEO has been there for 3 weeks and it’s holiday season..Cronin left a mess, but the if product is solid and there is a new CEO to sell it then I'm gonna wait.

The burn rate has slowed substantially and it's selling season because ppl need extra cash for Christmas, so wherever the sp was at it was going to lose a few cents.

The focus now should be on product viability and marketing and sales.

expecting magic to happen at this early stage isn't realistic given the damage Cronin did, but if you want to bail, bail now and stop posting, no sense in hanging around if you have no stake.

frustration though, is totally understood, so vent and then decide what your move is gonna be.


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