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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 Engadgedon Dec 08, 2024 4:30pm
35 Views
Post# 36351840

RE:RE:RE:RE:RE:RE:RE:Also

RE:RE:RE:RE:RE:RE:RE:AlsoYou still didn't answer my question though.  If Smart Gateway is already superior to anything else on the market (and based on 2+ year history, we know how it sells), how can something "superior-er" to already superior change anything?  Again, Xtract isn't ntroducing anything new to the formula.

Yes. I listed to the CC.  Q1 was weak because 3-4.customers (I believe PE mentioned 3) delayed for 3 DIFFERENCE reasons (not all because of the upcoming One Gateway).

Couple of concerns then:
1. Such insignificant customer count can make such a huge difference in financials.  This shows how vulnerable our financial situation is to what is a common occurrence with customers.
2. I really don't appreciate how you and some others here are trying really hard (and in a sneaky way) to write off Smart Gateway as something that's already behind us and even customers don't care about it anymore.  YOU just said that sales were down because schools and hospitals are now waiting for One Gateway.  Really?  It's not even certified yet!
I'm not going to let you do this.  Almost 3 years of telling us that Smart Gateway is IT.. the most superior product in this segment, and now with a straight face (figuratively speaking) you are casually saying that customers don't want it.
Didn't PE say that both have their place?  Yes he did.  This means that Smart Gateway is supposed to be selling REGARDLESS.

SALES team must be replaced ASAP!
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