RE:RE:RE:RE:Each to their own Golden, I firmly believe the big Canadian investment brokers are steering clear of Xtract- due in no small part to Cronin, and the collapse we suffered at his hands.
I believe a lot of them are in the "fool me once" mindset with Xtract. Six years of being unable to prove ourselves. And until we show several quarters of real growth, and get close to that break even point, we are simply too risky.
Remember too that, other than Tokyo Disney, we just haven't had the massive multi million dollar contracts. And no, one-off arena contracts, or even the Inspector Generals office are not big money contracts. You get approved major league supplier status, or multi million dollar US federal contracts...that's what moves the needle.
We need both of these achievements before the IG Wealth Managements and Raymond James of the world will invest their clients dollars in Xtract.
And that's what gets us off the bush league TSX.
"Good times are just around the corner" is not going to get us above a dollar and Peter knows it.
When Peter gets DHS approval and a couple of big contracts, then he has the ammo to back up his claims about where Xtract is headed.