Xtract One Technologies Inc. T.XTRA

Alternate Symbol(s): XTRAF | T.XTRA.WT

Technology Information Technology Services

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.

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Xtract One Technologies Inc.

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Comment by mrpancakeon Jul 02, 2019 7:59pm

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Post# 29881499

RE:pat

You did read the last whiles news release indicate roll out of CMR in Q2 2019 D&A says [Page 14] Negative Cash Flow for the Foreseeable Future The Company has a no history of earnings or cash flow from operations. The Company may not generate material revenue or achieve self-sustaining operations in the next year, if at all. To the extent that the Company has negative cash flow in future periods, the Company may need to allocate a portion of its cash reserves to fund such negative cash flow.

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