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Bullboard - Stock Discussion Forum 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... see more

TSX:XTRA - Post Discussion

Xtract One Technologies Inc. > It’s all about waiting for the next NR now.
View:
Post by PliskinNYC on Feb 18, 2021 10:06am

It’s all about waiting for the next NR now.

Day traders are going to trade, few cents up, few cents down, we know that the days of trivial and meaningless NR's are over, according to the new CEO.

Now we wait... he mentioned short term opportunities, I reckon he's hard at work with that, stay inquisitive and engaged, state the facts and let me commend the astute investors who sent in the most thoroughly thought out questions to the meeting,

it shows management that we are bright eyed and noticing EVERYTHING, It felt good to kick back and hear the boys go to work with the inquiries..100%
Comment by dontfollow on Feb 18, 2021 11:08am
yea the market loves Peter and the conference call - just look at the SP lol. PRT had a higher mcap than PAT yesterday if you excl. cash, good job!  /s /imo
Comment by Nightstocker on Feb 18, 2021 11:30am
You're looking at this very narrowly. Either due to impatience, or the torch you still carry for the Turtle. As PliskinNYC said, the market is waiting for sales-related NR's. As are we all. Evans put his reputation as CEO on the line with the sales-related statements he made in that webinar. He did not do that lightly. So in summary, dontfollow....more objectivity, less Cronin brown ...more  
Comment by Jahpatriot on Feb 18, 2021 12:30pm
PliskinNYC/Nightstocker: The minute the market sees that these products are sellable you will see the share price taking off. If we had our products on the market and selling during the Ratheon and Johnson Controls press releases, Pat would be sitting in the 20's / 30's right now. Unfortunately we can't rerun those releases once we start seeing rev. but I guarantee you the initial ...more  
Comment by BaronBuffett on Feb 18, 2021 1:18pm
20's and 30's seems like a far off dream.... but imagine that, huh? Turtle needs an additional nickname for this.... the Squanderer. If Pat needs to raise money, all they have to do is write a book and sell it. How not to run a public company How not to CEO How to use up the warchest to make ads and news releases for shareholders Fake it til you... get yelled at How to fail with lots of ...more  
Comment by dontfollow on Feb 18, 2021 2:10pm
I dont really care about Cronin, especially since they replaced him with a CEO that has actual experience of commercializing innovative products successfully. However, i expected more from Evans by now, even though it's only been 3 (?) months since he started. When PAT announced that Cronin was stepping down, that was the first real signal that the products were ready and sellable, yet here we ...more  
Comment by Nightstocker on Feb 18, 2021 2:30pm
@dontfollow It would easily take Evans 3+ months to right the ship. He has cleared all the dead weight in the management structure and streamlined their financial expenditures. I'm sure Pat was left in a bigger mess than Cronin's hair when Evans took control. Not sure why you are thinking Evans "put himself in a corner". I'd say he put himself on record as a sign of ...more  
Comment by Jahpatriot on Feb 18, 2021 3:46pm
Nightstocker: Evans is a blue collar CEO. He is out there closing deals from his little black book, on speed dial with the crews out in the field while steering the ship from the Corporate end. Did y'all notice the way he was dressed during the call? Could tell he is a field guy. Sorry to say buy Cronin seemed like he never left the office so as not to to soil his Amani suits.
Comment by Nightstocker on Feb 18, 2021 4:47pm
I agree, Jah...he's hands on and straight to the point. Cronin was a shmoozer and a type B passive diplomat kinda guy. Great if you are in HR but not if you are trying to grow a company. Based on what I've seen so far, Evans is all business and doesn't suffer fools. Seems to have a good type A streak without being a micro-manager. The big change is in his approach to sales and ...more  
Comment by PliskinNYC on Feb 19, 2021 6:45am
@nightstocker, I totally agree
Comment by Rick311 on Feb 18, 2021 3:47pm
Evans sounded confident sales where eminent including one he just signed the other day. Let's give him some time to deliver.
Comment by dontfollow on Feb 18, 2021 2:00pm
I'd say it's more impatience than anything - especially frustrating to see every other small cap Canadian company sitting at ATHs and continues to rally while we sit in the same range day in and out, incapable of producing any SP-moving NR.. it was easier to explain the poor SP performance when other small caps were also affected by the market sentiment and sat at ATLs. Also, i'm ...more  
Comment by BaronBuffett on Feb 18, 2021 2:53pm
"could be another Cronin with empty words" But, but, but.... you adore Cronin. You think liken him to be a deity of sorts. Don't take it out of your mouth and spit now.
Comment by TedOrlow on Feb 18, 2021 11:40am
This post has been removed in accordance with Community Policy
Comment by BaronBuffett on Feb 18, 2021 1:06pm
He's bitter that Daddy Cronin is not CEO anymore.
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