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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 bobbythebakeron Jul 19, 2023 10:52am
264 Views
Post# 35547925

Alpha Wolf Interview

Alpha Wolf InterviewIt makes total sense to me why Peter is keeping promotional work limited to a small time YouTube channel like this.  He doesn't want to overpromote the stock at this juncture.  He could kiss equity financing goodbye if he did.  Peter even said as much in the interview, saying he doesn't want to trumpet out all the good news for XTRA and spike the share price, but instead wants to let steady growth over time tell the story.  I believe this is code for XTRA trying to manage the share price for financing currently in the works.  If you were a private equity firm, would you want to pay up for stock that just tripled in price over the past nine months?  Remember, on the quarterly call on 6/8, Karen Hersch said her main challenge was on the financing front.  So I think it's safe to assume XTRA is still trying to land a significant deal to cash up for future growth.  Once a deal gets done, though, look out.   With today's CAD$170mm market cap, there won't be all that much dilution, and it will likely allow for the business to grow several multiples from where it is today.
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