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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 Feb 07, 2022 2:25pm
97 Views
Post# 34405736

RE:RE:RE:Free money form RAYTHEON = bad?

RE:RE:RE:Free money form RAYTHEON = bad?@MrPancake....   True...about $400-500K reduction, but still leaves them with $6.9M at end of Q1, and on target for $4M Cash at end of Q2 (Janaury 31, 2022) if there are no significant sales.    Leaving Q3 and part of Q4 to breakeven on their burnrate, or secure Investment.  


If I was going to initiate a Dilutive Investment I'd wait until March 15, 2022 to see where sales are tracking both for the AI and Security divisions.  I'd take the risk of getting more shares at a lower share price, then buy in during Q3
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