Xtract One Technologies Inc. T.XTRA

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

Industrials Aerospace & Defense

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.

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Xtract One Technologies Inc. > Financials are Up!

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Comment by dontfollowon Mar 16, 2021 7:05pm

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Post# 32813366

RE:RE:RE:Financials are Up!

What? They will need to raise cash in the end of summer unless something drastic happens with contracts and sales. Or do you think they will wait until they have 0 in the bank before they issue a raise? Lol

they burn through more than $4 mil each quarter (pre-funding, so much for cutting non-strategiccost eh?), with $2 mil in RnD expenses, and have nothing to show for it. A big fat 0 in sales from PATSCAN platform, while Xtract is self-sustaining. What a sh!tshow

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A junior copper-gold stock trading at a bargain of monumental proportions