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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 BaronBuffetton May 27, 2021 7:08pm
112 Views
Post# 33283321

RE:RE:RE:RE:RE:RE:About Blair Melton leaving

RE:RE:RE:RE:RE:RE:About Blair Melton leaving
Nightstocker wrote: I'm very curious to see if Melton jumped ship or was asked to leave. Based on what I've seen, it is  a lateral move at best.

Alert Labs is based in TO and only has 9 employees. They aren't a publicly traded company, so the potential for big bucks is not there for him..

Alert Labs did do 2.9 million in sales last year, but they are a B to C company with a much cheaper product. (water ingress detectors). Their website is newer but the content is unpolished and rather Mickey Mouse.

He goes from Senior VP Sales to VP Sales and Marketing, so a slight broadening of responsibility.

My gut tells me he was canned- zero fanfare or NR's about his departure. I'm actually feeling positive about this move. It isn't as gamechanging as getting rid of the Turtle, or Paul "Dead Weight" Borselli, but it is stilll positive.



There was a lot of dead weight in the company. Probably still are. Collected fat paycheques just to sip coffee. 


/imo

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