Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 mrpancakeon Oct 19, 2021 1:21pm
274 Views
Post# 34023310

MANAGEMENT INFORMATION CIRCULAR- posted today

MANAGEMENT INFORMATION CIRCULAR- posted todayGreat for shareholders!!!!! "Mr. Evans has agreed to provide services as CEO of the Company for an annual base salary of $420,000 and an initial grant of $243,720 equivalent in stock options"

"Mr. Wennemer agreed to provide services as COO of the Company for an annual salary of $400,000 plus the opportunity to earn an annual bonus up to 25% of base ..."
Here is a guy that leaves a sinking ship at a time when he was making $33K a month who does that and why did he not stay on and milk this cow dry? DId moral fortitude play a role? 


 “As a new company in the development stage, with a technology-based solution aimed at disrupting a mature market, the recent trend shown by the foregoing graph (i.e., a decline in share price) does not reflect the trend in the Company’s compensation to executive officers (i.e., an increase in executive compensation).” Sort of saying WTF is going on hey? So odd to hear the company is still in the developmental stage considering the company was rolling out its technology more than four years ago!

How much do you think it would cost to compensate six “directors who are not also Named Executive Officers, for the Company’s fiscal year ended July 31, 2021. Take a guess?  It was over $500,000!!!!! No stretch of the imagination where they got that compensationfrom the pockets of shareholders like you and me. 

Cronin had 300,000 options @19 cents expired Oct 3rd 2021 and also has 250,000 options at 30 cents set to expire Oct. 31 2021 but considering he "Ceased to be Insider" he no longer has to report changes to his Patriot One shareholdings- how convenient so don't expact a pop in the share price as he likely unloaded his converted options


<< Previous
Bullboard Posts
Next >>