Xtract One Technologies Inc. T.XTRA

Here’s a Secenario…

[Nightstocker]

MSG wants to acquire X1.

MSG shares are currently $191 each. Xtract shares are .50 each

If the structure of the buyout is cash and stock, MSG can absorb X1 shares at a rate of nearly 400-1 if I shares are part of the BO.

500,000 MSG shares cover all Xtract shares out. Not that they would use that many, But they could.

And that would give MSG all the leverage they'd need to borrow funds.

Obviously, shareholders would get some sort of premium, but there is no question that MSG could make it happen.

[Nightstocker]

FYI, Dolan alone owns nearly 400,000 MSG shares...

[Davinator]

Love you Night, but I just don't see it. I just wonder why MSG would want to get in the security business? Just seems fairly incongruent to me. I guess maybe if they brought on the full Team and just kept Peter running the show they could more or less leave everything as is and just reap the benefits as things take off. I don't know, I hope not. I just feel like we all lose our maximum

[Nightstocker]

@Davinator, it's just a scenario...not saying that's what's happening at all. Just that it could. And aside from Evolv, not many others who can bring the sale of 1.9 million shares to bear. When Evans is silent, all we can do is speculate and hypothesize.

[Baxbax]

Its a scenario and indeed for them its not biggie to do it. My thinking is that they are conservative, thus not going outside their core. OVG would be more suitable w/ growing amount of facilities and seemingly good reputation. Not sure whats exactly been printed into msg cooperation papers, I mean BO play with that amount of shares should ve been discussed in some format. At least X1 should be