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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 Nightstockeron Feb 21, 2023 5:33pm
98 Views
Post# 35297238

RE:You Guys Are Nuts

RE:You Guys Are Nuts

Hey, you're entitled to your opinion, Bocian. All good. But prove me wrong, that's all I ask. And there are no numbers you can show us that can do that. Not yet, at any rate.

At what point is Evans going be forced to take the training wheels off? "Oh, it's only been a year...oh, it's only been two and a half years". How many breaks and time does he get? A decade? We've already done the "good times are just around the corner" song and dance a dozen times, and  we are still mired in the .50-.60 cent penny stock shame spiral.

The MSG deal will hopefully bear fruit, but remember that it is, at its core, a lifeline that saved our azzes. It's not some master stroke that instantly put Xtract on the map. If Evans sits back and just thinks the sales will come on their own, he is worse than Cronin, because Evans actually has a products that works.

Positive events like the MSG deal need to be followed up, or we lose momentum. Today is a perfect example- nearly 300k volume and 5% loss. 

Our tech advantage window won't last forever. There are a lot of competitors with big R and D budgets. In time, someone always builds a better mousetrap.

According to the last financial statement, we have this gigantic exponential increase in sales quarter over quarter.

But we don't have a single scrap we can throw to the market to keep positive momentum? Seriously?

Smart Gateway may be fast and frictionless, but sales seem to be stalled and motionless.

As I said, the financials will tell the tale. If they are stagnant, or prove Evans was shining us on, well, I'm sure the hammer will fall. Nothing personal, just business.

All IMO, DDD.

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