Post by
vg1018 on Jan 13, 2023 4:32pm
Today is the day of Negative Nellys!
I actually think OVG was a great move. It provided Xtrct with an anchor account which has upside potential and can stabilize revenue stream.
Secondly, for the school lovers, I work in public sector procurement, and the sales cycles are long and unpredictable, particulalry with school boards. Other problem is fragmented and geographically distributed client base vs. a centrally procured OVG.
Now to the dilution or bankruptcy - Why is silence construed as negative? Silence means something is in the works. Silence also means they do not need the money. Peter has brough proactive professionalism to the CEOs job and had he needed to raise money, he would have done it by now. And this belief is is based on his past moves. If you observe closely, he is quite purposeful in his moves.
Thirdly, the SP. SP is here because most investors are long time investors and a tired lot. Just look at yourself in the mirror. We are all waiting for the SP to move upwards so we can recoup our money. But our wishes won't move the SP. Revenue would. Lowered burn rate would.
Would that happen - It's only a question of what you are willing to believe between now and until it happens.
Rest all is noise.
Comment by
Golden100 on Jan 13, 2023 4:45pm
Thank you Vg1018. Finally a voice of reason. Yes Oak View group was a stroke of genius. He landed the best and biggest opportunity to give this company legs to stand on. You can only spread yourself so thin before it becomes counter productive. Chasing schoolsvwould have been a mistake.
Comment by
TedOrlow on Jan 13, 2023 5:20pm
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Comment by
Golden100 on Jan 13, 2023 5:23pm
Proof that stupid exists.
Comment by
kidl2 on Jan 14, 2023 1:34pm
Golden … It would be a lot more productive if you would post some positive evidence for your bullishness instead of endlessly attacking XTRA bears in spite of undeniable and well recorded evidence (Sedar) that there is a VERY serious and VERY imminent financial problem. XTRA needs to come clean as to its path forward !!!
Comment by
74754457 on Jan 14, 2023 2:16pm
Can't agree more! With this high m-cap there needs to be pretty high revenue and earnings! We are on track, but todays m-cap aint justified at all! Even price/share are abnormous high atm.
Comment by
Golden100 on Jan 14, 2023 8:30pm
Oh ya I forgot Climate Pledge arena and the UBS Arena. Stick that in your pipe and smoke it.
Comment by
Golden100 on Jan 15, 2023 4:37pm
You are right. This was a trial. My mistake.
Comment by
ukrop13 on Jan 16, 2023 12:46am
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Comment by
Golden100 on Jan 14, 2023 9:02pm
What documented evidence. You have nothing. Is your complaining all the time that things aren't moving fast enough documented evidence? We all know there will be a financing. Is that it? Is it because the company doesn't divulge all the information of the operation of the company to you? Tell me. What is your documented evidence?
Comment by
cnotes22 on Jan 14, 2023 11:44pm
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Comment by
TedOrlow on Jan 13, 2023 11:01pm
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