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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 beastcoastOGon Feb 13, 2022 10:41am
232 Views
Post# 34424204

Hyped Hype

Hyped HypeThis is a spectacular stock for those that know how to make cash from it when the market makers get paid.  I mean that SPECTACULAR. 

I have never changed my tune on that. 
Likewise I have never changed my tune on the BS that is hand and glove with this company. 

Its spend to platform revenue is less than a tenth of one percent and it is years away from a breakeven point. There are companies smaller than Evolv still making vastly more sales of this exact technology than Patriot, which includes the original equipment Manufacturer Safepointe. 

This is all too little too late. The PAT legacy and story are stale. It does have hype day volume on its side , but also has thousands of Scandinavian and Canadian bagholders and also those that got murdered on Warrants in 2020. 
There is nothing in the company that others dont sell already. That also includes the AI division. 
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