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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 Sdmsdmon Sep 19, 2017 6:29am
68 Views
Post# 26712419

RE:1 Select is a moron and 2 it was an RTO

RE:1 Select is a moron and 2 it was an RTOPivot, 
Genuine question, no position as yet but looking at taking one shortly. The coy seems to have worked through much of the paper from the RTO. 

TMX data says still 10.2m in escrow, do you know the release schedule for these shares? 

I can only find this in relation to it. From 11/11/16. 

Escrow

A total of 10,148,001 Shares, 2,100,000 incentive stock options and 1,023,000 Share purchase warrants of the Corporation (collectively the “EscrowedSecurities“) are being held in escrow pursuant to a TSXV Form 5D Escrow Agreement among the Corporation, TSX Trust Company and certain securityholders of the Corporation (the “Escrow Agreement“).

Further to the disclosure provided in the Filing Statement in respect of the securities subject to escrow pursuant to the Escrow Agreement, Dinesh Kandanchatha and Martin Cronin, the Corporation’s incoming President and CEO (respectively) subscribed for a total of 693,000 (650,000 as to Mr. Kandanchatha and 43,000 as to Mr. Cronin) Units under the Private Placement following the publication of the Filing Statement, which Units are included in the total number of Escrowed Securities set out above.

Thanks for any info you caan provide. 

SDM
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