Xtract One Technologies Inc. T.XTRA

Well. That’s a start with 3 gateways… at 3 entrabces

[JVJ24601]

Read this and tell my what you see

"Patriot One Technologies Inc is pleased to announce it has secured a deal with a large U.S.-based auto manufacturer to protect all employee entrances at three of its manufacturing facilities."
 

I don't believe there are multiple employee entrances at each facility, or the release would have said, "a gateway at multiple employee entrances at each facility".

These manufacturers like to limit access and cost of security, forcing all enployees typically through 1 entrance.  They might be advancing their cars, and equipment to make those cars, which shows a direct ROI, but doubtful more than 1 gateway per plant's single employee entrance.  It demonstrates their focus on security and employee protection, without breaking the bank.  

So that's 3 Gatways sold in my book.  For probably around $30k-40k total for equipment and annual service.  

[cashworx46]

This post has been removed in accordance with Community Policy

[vezmic1]

I suspect any LARGE auto manufacturer would likely have many employee entrances.  For example, Tesla's factory in Freemont apparently employs just under 22K employees.  Let’s say conservatively that somewhere between half and a third of that is on a given shift 7k+ employees.  If every one of your 7k employees takes 5 seconds to walk through the entrance it would take somewhere

[JVJ24601]

You assume all 22,000 employees come at once at Tesla.  Lol.   These factories run in shifts and multiple shifts for multiple different work groups, like casinos and large retailers …. These are not 9am - 5pm white coller jobs.     Here's a FORD document of getting back to work.  This large plant has a security entrance and south entrance.  

[vezmic1]

LOL yourself.  Can we not talk like adults and not 14 year old girls?    Why don’t you take another read of my numbers.  I was using a conservative estimate of one third employees at once.  You clearly didn't even read what i wrote.   The truly preposterous theory is that the plants only have one single employee entrance?  I'll put it in language you may

[BocianWaffles]

You are trying to reason with a simpleton...he has no original thoughts that makes any sense...he regurgitates what is announced....any time he goes off script he embarrasses himself..do yourself a favor and don't slum it by conversing with simpletons..it only brings your brand down..no one takes him seriously 

[JVJ24601]

Lol. Did you do the math? Ok.  Maybe it's at max 15 gateways to each facility, but highly doubtful.  Let's do the math on processing people and revenue.  And what it means per quarter against the burnrate.  Mind you this is the first sale in 4 months that has been announced and with no brand name.  Tells me it's the only sale, as PAT could have done the same

[BaronBuffett]

You really hate Patriot One, eh?

[TedOrlow]

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[74754457]

Money running out! thank god I sold >60% of my holding! finacing round Imminent!

[BaronBuffett]

  Now that is what you call FUD

[JVJ24601]

@74754457. - You were smart.  The others here..  Well... TO:  @vexmic1 and the rest of the pumpers ...   Sure I started out with 1 gateway at each location, and I really don't believe its much more than that number which will be deployed at each sites.   Surely not 15...LOL     However, a lot of people challenged this idea.   I listened to

[BaronBuffett]

"Plus some of the challenges that will cause delays in deployment, hence delays in recognized revenues, which may include, but not limited to, install delays, chip set technologies issues, supply chain issues, technical issues, integrations challenges, etc...   " Is this what you call backward looking statements?

[JVJ24601]

@Baron - Honestly, I don't hate PAT nor its goals to make a safer world.  I think they have stalled and need a boost, an acquisition by someone who can bring their vision to fruition.   From my research -  Evolv, PAT, PRT, SCAN all started around the same time,  2 have survived, 2 conitnue to flounder.    from my analysis, Evolv and PAT lead this space, but that