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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. > Xtract One Profitability Projections
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Post by Roadrunner71 on Dec 23, 2023 1:22pm

Xtract One Profitability Projections

Comment by kidl2 on Dec 24, 2023 11:08am
As JP points out correctly, we need at least two or three  but cash resourcesmore quarters to turn these projections from guesswork into realistic assumptions. That said, we are certainly on the ight path but cash resources continue to concern me. All this aside, I wish you and your loved ones a VERY Merry Christmas and the VERY best for 2024..
Comment by kidl2 on Dec 24, 2023 3:26pm
Sorry for the garbled post. No idea what happened. Here is the “ungarbled” version:   As JP points out correctly, we need at least two or three more quarters to turn these projections from guesswork into realistic assumptions. That said, we are certainly on the right path but cash resources continue to concern me. At the current bun rate we only have enough cash for the next 6 months. All ...more  
Comment by Yajne on Dec 25, 2023 2:03am
kid2, thanks for your post. I think the 6 months runway you refer to is longer since the burn rate will continue to shrink each quarter. With that in mind, IMO they will have enough cash for at least 12 months, and by then surely the SP will result in warrants being exercised. That is probably why PE said     in an interview months ago that he didn't anticipate the need to raise ...more  
Comment by dpinvest on Dec 27, 2023 10:22pm
I'm sure MSG will exercise some of their options should cask be needed
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