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Xtract One Technologies Inc. T.XTRA

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

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

Comment by Runner5on Oct 17, 2016 3:05pm
137 Views
Post# 25352470

RE:The Warrants

RE:The WarrantsJust a comment on the shares outstanding: The 22,959,925 common shares of Patriot refers to Patriot that is merging with Clear Mountain. The resulting merged company will also be called Patriot One Technologies, and will have the following number of shares outstanding: Clear Mountain shares outstanding after 20:1 stock consolidation, May 17 2016 press release: 1,223,416 Add: 9,505,000 private placement, June 27 press release 130,200 finders fee, June 27 press release 22,959,925 Patriot One Technologies transaction, Aug 12 press release (was 23,400,000 in this press release, but adjusted to 22,959,925 in Oct 3rd press release) 14,000,000 concurrent private placement, Aug 12 press release 1,333,333 increased private placement, Sep 14 press release Shares outstanding today: 49,151,874
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