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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 Humaniston Apr 17, 2024 5:50pm
138 Views
Post# 35994773

Not happy about this, but choice do we have !!!

Not happy about this, but choice do we have !!!

I am a bit concerned about this statement, they didn't mention for example that the cash is to be able to fullfill the back orders. instead they said its for workinbg capital & gen purposes??? now we know why some borkers were selling 500 at a time, they must've known something. 

"Xtract One intends to use the proceeds of the Offering and the Concurrent Private Placement for working capital and general corporate purposes."

anyway. what i like about it is it's closing apr 24th, so lets hope there is some good news after this short closing. I think it's a good sign at least I hope so .
gl everyone

 
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