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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 JVJ24601on Nov 24, 2021 11:48am
154 Views
Post# 34161744

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:UBS Arena Again

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:UBS Arena Again@BeastcoastOG

Only 3 weeks to December 15 and Q1 FY2022 Report

At that point we will read the following in the Q1 FY2022 MD&A
- Q1 Revenue Collected - Platform & Ai divisions
- Q1 Contracts Signed -  Platform & Ai divisions and when full payments will be collected
- Q1 Burn Rate 
- Q1/Q2 Remaining Cash Balance
- Q2 Sales Projections, sales and events outcome (ISC, NCS4, Venues) 
- Investment outlook.

Then everyone here can reduce the cash balance by 1/2 Q1 Burn for what remains after December 15.  All in all...Investment and/or acquisition is desperately needed.

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