Xtract One Technologies Inc. T.XTRA

Financials are Up!

[Nightstocker]

Lets see what we got...

[Nightstocker]

No real surprises, other than to see how badly they were hemorraging money under Cronin. Minimal revenue, took advantage of some Covid financial assistance. Yada, yada, yada... It's not great, but nothing unexpected. This is the info that piques my interest: Some of the Company’s current opportunities involve working with organizations who have hundreds, or in some cases thousands, of

[TheBigW81]

As i posted the other day this will start to see a turn around once this world starts to see a light in this covid tunnel. Still wont need any financing for another couple quarters hopefully. Or if they get some big deals this might cover cash flow. Im going to hold. Add on dips.

[dontfollow]

What? They will need to raise cash in the end of summer unless something drastic happens with contracts and sales. Or do you think they will wait until they have 0 in the bank before they issue a raise? Lol they burn through more than $4 mil each quarter (pre-funding, so much for cutting non-strategiccost eh?), with $2 mil in RnD expenses, and have nothing to show for it. A big fat 0 in sales

[TheGesharoo]

Okay, settle down.  There was not a single surprise in these financials. Everybody take a breath, and now wait for what's coming next.  News of sales.  If you can't handle the stress liquidate your position - I'd be happy to pick them up on the cheap. Jeesh...   g

[Nightstocker]

Gesh, I'm going to go out on a limb here (cause I blocked his blatherfests a few weeks ago) and say dontfollow is doing his chicken little thing..."OMG the sky is falling, the sky is falling!!!... Am I right?

[TheGesharoo]

you got a bingo there! g

[Nightstocker]

Ugh, what a jabroni. I'm actually excited...Pat's still firm on their statements regarding involvement with big companies wanting Pat's products [LOVE hearing "thousands of locations"] Evans is not backing down on a monster second half either.  Dontfollow, if you're there, you need to unf*ck yourself, take the nude Cronin poster off your ceiling, grab a mitt and

[TedOrlow]

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[TedOrlow]

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[notacasino]

HERE IS THE MENTION OF THE THOUSANDS OF LOCATIONS  (bottom of page 5 of yesterday's MD&A) Market Opportunity During the quarter, the Company revamped its sales and marketing strategy to focus on near-term customers. Previously, the Company focused on all markets in need of enhanced security solutions where the Company’s products could add value. In the short term, the company is now

[TedOrlow]

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[BaronBuffett]

Ok, Karen.

[Rick311]

Maybe one of these? "and certain manufacturing and logistics organizations, who require patronage or employees physically at their locations in order to be operational."

[Nightstocker]

If they managed to get Amazon, the worm will have officially turned. I know that's pie in the sky right now, but it's fun to speculate...

[TheGesharoo]

Amazon has 185 distribution hubs worldwide. Walmart has over 4700 stores in north america. obviously landing both these accounts would be enormous, those two subscriptions would provide instant fiscal stability - I'm assuming the subscription fee schedule would factor in number of locations installed. but there are a lot of others that would be juicy....home depot, rona, bass pro (as

[TedOrlow]

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