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Bullboard - Stock Discussion Forum Xtract One Technologies Inc. T.XTRA

Alternate Symbol(s):  T.XTRA.W | 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. > Today is the day of Negative Nellys!
View:
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
This post has been removed in accordance with Community Policy
Comment by Golden100 on Jan 13, 2023 5:23pm
Proof that stupid exists.
Comment by Nightstocker on Jan 13, 2023 7:05pm
VG1018- you had me until " Xtract is silent because they don't need the money." Say what? Our burn rate has been extensively documented by hard numbers in Xtract's financials, so that is just plain silly. We have less than two months runway. Likely closer to one month. Silence is most definitely not golden in this instance. If Evans had something in the hopper, other than ...more  
Comment by pliskenNYC on Jan 13, 2023 7:34pm
And I'll add to that nightstocker.. silence?? What kind of way is that to treat your shareholders.. to keep us in the dark and guessing?? do you want to rattle us further?? As if the share price wasn't bad enough.. the disrespect.. like bro do you want us to hate you??  Who the heck does this??  SMH  even if there is some announcement coming.. you dont ...more  
Comment by Golden100 on Jan 13, 2023 8:27pm
You're just looking for a fight aren't  you. They may not need the money right away if revenue is coming in. Evans has managed to keep us afloat on a shoestring budget so far while still bringing in new contracts. So why not a little longer. Both you and Plisken are so entrenched in your hatred toward Evans that you dump on any one else with a different view. I once handed you an ...more  
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 Nightstocker on Jan 14, 2023 5:41pm
Bang on, kidl2. I had to put golden on ignore. Even the slightest criticism of anything to do with Xtract results in a rant.  It's important to hear the good, the bad and the ugly- as long as they are backed up with facts! A lot of longs, my self included, go full "grumpy old man" on Xtract sometimes. But it's usually a legitimate gripe based on documented evidence ...more  
Comment by Golden100 on Jan 14, 2023 8:25pm
Exactly what kind of evidence am I supposed to come up with. We all know we are at that crossing point where something is going to happen. We all know a financing is imminent. The difference is you guys just b!tch and complain about Evans without any evidence or information to back up your complaints. Its just everyones impatience talking. At least I can go by our success with the Oak View group ...more  
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 Teflon2Hype on Jan 15, 2023 4:01pm
"Oh ya I forgot Climate Pledge arena" You should forget about it unless you sell big white security walkthroughs. That is what I went through at CPA for the Flames game last month It seems when Peter says 'Selected" it means a free uncommitted promotional trial. Peter seems to say "Selected" quite a bit. Well if what you felt were real contracts were in fact only ...more  
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
This post has been removed in accordance with Community Policy
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
This post has been removed in accordance with Community Policy
Comment by kidl2 on Jan 15, 2023 9:35am
Golden … I don’t see the point in listing these contracts. Existing shareholders are certainly aware of them and so is Mr. Market which is why we are at $0.50 and not at $0.20 or even zero.   The problem is … They are not enough to make the company viable and there is no clear / stated path to viability based on company statements.   Statements like “We are laser focussed on certain ...more  
Comment by Golden100 on Jan 15, 2023 1:39pm
The point is I was being challenged to show evidence of Xtract viability. The accusers were saying they have documented evidence to the contrary. What documented evidence. It is just everyones impatience. It is not fair to compare money bags evolv with Xtract. We all know they are bribing and buying their way to win these contracts. Sure we would all like to see things move faster but money is an ...more  
Comment by TedOrlow on Jan 13, 2023 11:01pm
This post has been removed in accordance with Community Policy
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