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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 Nightstockeron Jan 26, 2021 11:54am
119 Views
Post# 32387729

RE:RE:RE:Tom ridge is American, so is the latest patent he OWNS..

RE:RE:RE:Tom ridge is American, so is the latest patent he OWNS..I appreciate that, Pliskin, but they both go through the same lobbying rigamarole.

US lumber barons successfully lobby the US government to slap tariffs on Canadian lumber; it takes months, if not years for Canada to eventually win a decision in a WTO tribunal, but by then, US lobbyists have used the delays and costs to their advantage.

Security is no different. The lobbying system is the bread and butter of defense and security contractors in the US.  Unfortunately, Pat's inability to roll out a functioning, scalable product was botched and they have lost most, if not all, of their window of opportunity as a unique tech offering.

Other security companies are close to catching up, and we can be sure companies like Evolv have their poop in a group. Their lobbying plan (and budget) will be top notch.

For Pat to succedd in the US, it all comes down to one Thomas Joseph Ridge. 

I would DIE to know Tom Ridge's precise role in Pat bacause I believe he is a kingmaker for sure. Has he loaned his name and address out to Pat for cash (which he has done on many occasions), or has Pat opened their coffers and offered Ridge a major stake in the company?

But getting back to my original point (sorry), the US is big risk, big reward, and it is worth it to cultivate other options outside of 'Murica.
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