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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 LEOTHELIONon Feb 07, 2018 8:44pm
228 Views
Post# 27523531

recent sedar documents

recent sedar documentsThere are 5 or 6 new documents on sedar for Feb 6 and Feb 7. It takes a while to read through them and some of the financial, technical language is beyond my understanding. I didn't realize that Cronin was a consultant, paid $15,000 monthly (plus taxes) for one year (ending January 2018) to serve as CEO. Now that he is president, I'm assuming he is now an employee? The timing of him coming on as Pres is the anniversary date of his 1 yr consulting contract. Dinesh resigned, which makes me wonder why?, and why didn't they use this term in their January 22 news release? In the article, they used the term, "transitioned". I wonder if Dinesh being mgt of Macadamian was a conflict of interest? Dinesh is still the largest share holder. Interesting to see the regular (nearly daily) conversion of warrants that takes place. People who own these warrants could be shorting the stock only to cover with 10 cent, 15 cent or 30 cent convertible warrants. Or they could simply sell the shares into the market, either way, the exercise of these warrants could put downward pressure on the stock. Looking forward to when this cheap paper gets absorbed once and for all. Still millions of warrants that are outstanding. For those questioning the estimated timelines for certain company achievements, read pages 17 and 18 of Preliminary Short Term Prospectus - Feb 6, 2018.
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