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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 Revenanton Oct 27, 2024 12:04pm
82 Views
Post# 36283993

RE:EVLV is out of options

RE:EVLV is out of options

As much as it galls me to say it, don't count Evolv out just yet.

These clowns have weathered 4 precipitous drops since the SPAC (30% or more over the course of one business week or less).

All of these drops were a result of internal factors- unethical behaviour regarding test results,  exaggerating  the effectiveness of the technology, reducing sensitivity levels on their units to reduce false negatives and now cooking the books.

They have shown a cockroach-like ability to recover from every self-inflicted disaster.

They are a dirty company, backed by big money. Xtract has to keep this in mind as they navigate their way into prime time. 

IMO, Evans needs to transition from the occasional inferred comment about Evolv being trash, to really seizing this opportunity.  Start with the direct comparisons of Xtract vs. Evolv, especially after One Gateway gets launched. 

Nice guys finish last . Take the ball and run it through the giant gap that's been provided. Its marketing gold.

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