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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

Post by illumination1on Sep 20, 2017 1:35am
124 Views
Post# 26717764

From My Call To Ir I Feel Like This Is A Very Solid Company

From My Call To Ir I Feel Like This Is A Very Solid Company
and the reason that I am saying this is that it appears extremely evident that management has thought about a very viable plan and is looking to be effective in executing it. The impression that I got from ir is that by 2019 they will most likely be firing close to if not at full capacity (my impression wasn't stated directly but more so implied and as to my read/interpretation). But with this being said, the thing that really impressed me is that while the company by the sounds of it is looking to aggressively gain market they are also very pragmatic in making sure that whatever product gets out that it is top notch and the reason that the 10,000 units was given. If they just wanted to pump things out they could by the sounds of it--as I was told that producing the units are not the issue but rather first off course is gaining the market and second knowing how many to handle so that the quality of production doesn't go down and remain top notch at the highest calibre. I was told there is no point in pumping out the units if you get it wrong as it is best to get it done properly the first time. The other thing that I was told was that the company is looking to make units that can withstand extreme temperatures as our units will be going to places like the mid East (nothing new here we already know this) which is very hot. Now I am not too sure if currently the range is between -30-plus 30 I would have to clarify that but given that there are varied climates the company is looking to be able to cater to so they will be looking to work on that. It is also spending and focusing time on perfecting the software end of things as I believe they had talked about in the patent press release. I was told the units are actually quite robust. Overall, my impression is that this company will methodically and clinically execute things where they will fully show to those who are willing to give them the time just how smartly they will carry things out--again this is my overall impression when talking with ir. I honestly feel this company is really solid but keep in mind this is from one call that lasted for about half an hour the proof of the pudding will be what we actually see. I have a feeling that 2018 is going to be fairly significant because like I am saying from the feeling I am getting management is looking to hit near full capacity/stride by 2019 and I don't think that is unreasonable providing that their orders are as strong for 2018 as what is being hinted at as to their bookings and as to what my feel was during my phone call to ir. I don't think they will be small. I actually think Tailwind will most likely be right--I can see upwards of 2400 units even if in this year we have around 270 plus-we know that we have 270 hence the 2.7 million but I don't think that is all. I never had the chance to ask and most likely wouldn't because that is something meant for a press release and would more or less become inside information. I was more interested in the tactic and knowing what is the production capacity as well as the business model hence what I had already posted. I believe most of my questions have been answered as for specifics we will have to wait for the news releases and see what actually happens so this post should be taken with a pinch of salt as I am simply giving you my opinion as to what I thought I heard and understood about 2019 although I know that the intent is there to have it be the year where we are really in full swing of things and I do honestly believe by how things are going right now and the feel I got from ir (confidence wise) that it is achievable--but let's see again the proof will be in the pudding. Right now as we know management is continuing to do the trade shows and waiting for certification--I personally wasn't going to ask about that because I am more than likely positive ir would say he wouldn't be able to give that information and honestly shouldn't because that is material information that should be given at one time in a press release. Overall, I feel at ease with this investment and look forward to seeing and hearing about things as they are stated to us. At this point, I don't have any reason to feel worried about my money being invested here, but again I will have to see what the reality is, so far so good.
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