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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 Nightstockeron Jan 07, 2021 6:51pm
171 Views
Post# 32250550

RE:CEOs letter....

RE:CEOs letter....You reading the same letter I read, Colima? You are usually more of a pumper than anything...

I'm a jaded, glass half empty old man, and yet I think he hit all the points that have peen pizzing most of us off for the last 18 months.

No, he didn't announce any sales. Pretty sure that would have come by way of a separate NR.

But he did re-inforce that there are qualified buyers who are activley interested in making purchases.

He indicated the budget is being optimized.

He confirmed a sales force has been hired and is being trained.

He confirmed CMR is an active working part of the Pat platform.

Rather than just running in and desperately trying to make sales, he did a complete audit of the company- what works and what doesn't. So we can trim the fat obtain MORE sales.

Reiterated that the Cronin "Unicorns and Tall Tales" Era is over.


Not sure what else you could realistically ask for.




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