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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 JVJ24601on Nov 22, 2021 9:46pm
349 Views
Post# 34155349

3 more sakes week in year…

3 more sakes week in year…

All-

Here's what we know ...

1) only 7 more sales week in Q2 / 3 more in 2021 year. 
2) no Q1 Sales announced, only social media and youtube video references to Climate Change Arena and Casino = 4 pairs of platform towers  at each.   Were these Q4 / FY2021 sales?
3) No sales announcement yet in Q2 (7 weeks past)
4) 7 new sales execs being hired per PAT website (Oct& Nov) --- ramp up time???
5) uneventful Shareholder meeting
6) Running low on cash

All points lead to PATs desperate need for a big big investment, cash infusion or acquisition.  Make it happen! 

TICK TOCK TICK TOCK ...  SO RUNS AWAY THE INVESTMENT CLOCK 

7 weeks to end of Q2..
- this week - Dead US Thanksgiving-Thurs&Fri
- Nov 29- Dec 3 - Sales Week #1
- Dec 6 - 10 - Sales Week #2 / Q1 Reporting
- Dec 13-17 - Sales Week #3
- Dec 20-24 - Holiday Vacation
- Dec 27-31 - Holiday Vacation
- January - 4 sales weeks
- Monday, January 31 - Q2 Ends

Q1/FY2022:
= $9.7m FY 2021 End 
-  ($3.5m burn)
+.<$100k sales  - pilots, products, hires, events TOTAL $6.3m Cash Balsnce end of Q1:FY22

 

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