Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Golden100on Nov 15, 2023 9:50am
103 Views
Post# 35736578

RE:Where is Investor relations?

RE:Where is Investor relations?I get the frustrations about news releases but let's say there are a lot of contracts coming to fruition anyway in the next while. I have been led to believe these news releases cost money and could be very expensive. We are on a very tight budget as we are striving for break even or cash neutral to avoid another financing and dilution. We do not see what is coming down the pipe and I am hoping there are many more contracts coming soon. Therefore it would not be necessary to use our limited cash reserves for each announcement as the contracts are building on their own anyway. Once our finances are under control and we do not need to worry about financing and dilution to keep us going then sure go ahead and spend the money. Evans also talked about increasing our manufacturing and inventory 4x to 8x in the next 8 months. That wont be cheap. I know where I would rather spend our limited cash. After all we are not like Evolv. Thank goodness. It boils down to trusting management decisions. We do not have insight as to what is going on in the background. He is doing well for us so far. Everyone needs to relax. 
 



<< Previous
Bullboard Posts
Next >>