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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 WalkAbouton Oct 03, 2018 11:24am
242 Views
Post# 28737489

RE:Sold most of my shares over the past 2 days

RE:Sold most of my shares over the past 2 daysPerhaps a smart move in the short term, in the absence of news, but IMO the action may be quite strong here in the lead up to the first sales, and ANY news related to the announcement of larger partnerships and funding developments.  I think that share price may struggle through the early stages of commercial sales.  If you think investors are fickle now, just wait until this company starts getting assessed and valued on sales and profitability against those early numbers that will likely be quite low (which is a safe assumption in the early days of sales).  Once the pre-launch hype is over here, and the sales are reporting back (potentially) in low numbers at the outset, I would imagine a lot of of people will bail out, taking the share price down with them.  It'll be a rough period I imagine, but longterm, this investment has great potential to make a lot of people a whole lot of $$.  All just my personal opinion based on other companies that I had invested in that did great in the early days of development hype, and struggled hard once they were into market for real.  Have fun, and play safe!
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