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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 30, 2021 4:26pm
209 Views
Post# 34182172

NCS4… probably inconclusive

NCS4… probably inconclusive

NCS4 had committed the release by Mid-Nov.... probably inconclusive and neither Evolv or PAT wanted an inconclusive finding or even a tie.  


now it's tge countdown of 15 days to Q1 Earnings.

Again, my bet is  
$6.3-6.5m in bank 
$3.2-3.3m burn rate
< $100k in sales revenue
< $250k in pipeline orders (Q1& Q2)

Now... reduce bank account by another $1.6m from Q2 burn Nov 1-Dec 15.  Count on zero sales post Friday Dec 17 until Jan 2... Jan 3-31 leaves 4 remaining weeks of selling in Q2.  Ugh!

Come on PAT...  get some of your grove on in the funding dept.... desperately need this funding to extend the co's life line... "tick tock tick tock, and so runs out the investment clock."

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