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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 FrozenInOntarioon Dec 10, 2024 1:02pm
57 Views
Post# 36354935

RE:RE:RE:RE:Is my investement thesis broken ?

RE:RE:RE:RE:Is my investement thesis broken ?Hey Plisk,

Not to sure I follow you, EVOLV went public in 2021  with a blank check company with 170 M USD in cash.  They still have 50 M or about in cash.   So I sure hope that for the 120 M they have a lot of nice and shiny things.

You have a point : Xtract was broke before Evans took over and right now, does not have a lot of cash on the balance sheet.  While it it is your right to criticize the strategy that Evans followed in his turnaround, you can not expect them to follow the same strategy that EVOLV is pursuing.

Who do you mean when you compare the EVOLV american CEO and Evans ?  The old one just got fired and the new one was just annonced. 

Evans will be there until next year, like it or not.  Either he succeeds with One or he fuddles. As a relatively new shareholder, I assess his chances as pretty good, enough for me to hold my shares, not enough to add  a lot.   On the other hand, if you think he will fuddle because of his lack of connection or whatever reason, you should  sell right now.

GLTA,
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