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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 illumination1on Oct 23, 2017 2:14pm
113 Views
Post# 26845972

RE:RE:RE:The only thing holding this back .._

RE:RE:RE:The only thing holding this back .._
commoditiessupercycle, please keep in mind that the company just commercially launched this past April and they are extremely selective as to who they have chosen as early adopters because they want to get things done right the first time and build a very solid foundations moving and have partners who they strongly believe will help do that. There is also diffusion time for anything to be absorbed by any market and with how fast things are growing this company is actually doing extremely well. As mentioned the company has two models: one--a reseller model where the company supplies to the resellers (incurs manufacturing production costs) who get the device at wholesale and make their profit selling at cost but also growing the market at the same time. (2) is the licensing model where the company as to my understanding will not incur production costs as that will be looked after by the tier one integrators who will look after everything and where the company will be paid licensing royalties most likely based upon the number of units that will be produced by the tier one integrators. The company has capped the production run to 10,000 units to ensure quality control. Given all these factors it is hard for this company to be everywhere at this time but it will definitely get there within the next couple of years and the reason there is so much demand for this stock. it is trading way too cheap. We had one person put it at $4.92, I personally feel that we should already by between $3-$4 but be as it may and as I keep saying I will not sell a single share but I will be looking to buy because I already know what we hold and it will not be too long when the company starts disclosing news which will only keep driving the share value up. Just as the company stated investors should expect to hear about the tier one integrators and that is actually huge--they are the ones that will cover the mass market but the resellers are huge to allow for the markets to be established and tier ones drawn to what is being made available both extremely integral to the process which management is doing a top notch job so far. good luck to all!
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