Xtract One Technologies Inc. T.XTRA

Alternate Symbol(s): XTRAF | T.XTRA.WT

Industrials Aerospace & Defense

Xtract One Technologies Inc. is a Canada-based technology-driven threat detection and security solution provider, leveraging artificial intelligence (AI) to provide secure patron access control experiences. The Company's segments include Platform and Xtract. The Platform segment develops and commercializes a platform of AI-powered threat detection technologies. The Xtract segment develops and commercializes advanced artificial intelligence solutions for customers. Its products include SafeGateway, SmartGateway and Xtract One View. Its Gateway product enables companies to covertly screen for weapons at points of entry without disrupting the flow of traffic. Its AI-based software allows venue and building operators to identify weapons and other threats inside and outside of facilities and receive intelligence for optimizing operations. Xtract One View, the Company's cloud-based platform, provides oversight of its customers entire fleet of Xtract One SmartGateways from one interface.

TSX:XTRA - Post by User

Xtract One Technologies Inc.

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Comment by gldblvon Oct 30, 2008 12:19pm

274 Views

Post# 15555979

RE: RIC's report out on 3rd Q

They lost money because IG mine is only running at 70% for various reasons. In 2009 those reasons should go away so we will see if they are able to bring Igold to 100%.

They are also very late in giving us drill results. I dont' think they would have bought PAT if the results were not good. Further more as many know PAT was close to going under. I don't see why RIC would have not waited longer to get PAT cheaper if things were not close to turn around.

Now this doesn't mean that there are not more challenges with Igold, but I expect things to be much more positive in the future.

Good luck

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Cross border trading in Canada and Australia