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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 14, 2023 7:12am
317 Views
Post# 35284598

JP Seeing the reality

JP Seeing the reality While I believe that JP is on the money with his numbers, the notion that a company has an associated name as the venues despite it being a completely different corporation doesnt mean internal sales at all. This is absolutely no different than the inverse assumption that because OVG are trialing PATSCAM at several venues that they want to buy the technology. 

Even if they did go all out , there still isnt enough doorway real estate in MSG property make the numbers work. Also , if they did do something , this would be a sweetheart deal with nil profit. 

Where the issue now lays is the percentage ownership. So there will be discounted paper for the next 4 months , that isnt going to rock anyones world. As for the warrants that could be interesting, however they need sales. 

Still think PE has done well doing this. But thats all. 
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