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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 FrozenInOntarioon Dec 12, 2024 3:04pm
129 Views
Post# 36359598

What happened to huge demand and backlog from Smart Gateway?

What happened to huge demand and backlog from Smart Gateway?

And this is the difficult question we have to assess...  Either you buy Peter explanations or you don't.   If you don't, you sell.   If you buy the story, you either hold or buy more.

Personaly, I am sitting on the fence on this.    This is a microcap and pot holes are normal, like it or not.  No idea how they allocated their limited sales and marketing budget.   Are the deals that got pushed back ate all their bandwith ?    Or are they getting pushed by Evolv ?  Anyway,  because of One, I can give them the benefit of the doubt.  And will revisit in March when they publish their 2nd quarter results.   Then, One will have been certified.   Not too sure if they will be able to book sales One until then, so their numbers should not benefit from it.

As to getting ride of Evans and Hersh, well, tough luck, with their employement contract, they would be entitled to 1.6/1.7 M for dismissal without cause.  So, either we succeed with Evans strategy or bye bye.

GLTA 

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