Xtract One Technologies Inc. T.XTRA

I own PAT & VSBY. Will PATs NR be as BIG ? I hope so!

[colima]

VSBLTY, GRUPO MODELO & RETAILIGENT FORMALIZE AGREEMENT TO JOINTLY CREATE INTERNATIONAL DIGITAL IN-STORE MEDIA NETWORK Network to Provide Real Time Customer Analytics, Security & Sensor Integration in Up to 50,000 Modelorama Stores & Independent Neighborhood Bodegas in Latin America Philadelphia, PA, March 15, 2021 (GLOBE NEWSWIRE) -- VSBLTY Groupe Technologies Corp. (CSE: VSBY) (Frankfurt: 5VS) (OTC: VSBGF) (VSBLTY), a leading software provider of security and retail analytics technology, along with Mexicos Grupo Modelo (Modelo) (part of the AB InBev family of companies) and Retailigent Media have formalized an agreement (the Agreement) to enter into a joint venture by the end of Q2 to install and manage an international in-store media network of up to 50,000 Modelorama stores and independent neighborhood bodegasin Mexico and across Latin America by the end of 2024, it was announced today. Active deploymentis already underway in Mexico, Colombia, Peru, and Ecuador with 5000 locations to be installed by the end of 2021. In addition to being an international advertising network, it will provide real-time security for store owners, powered by artificial intelligence, as well as integration of store traffic and customer demographics with sales and critical operations-related data to help stores optimize their business. VSBLTY Co-founder & CEO Jay Hutton said, The deployments are already underway in Mexico, Colombia, Peru, and Ecuador and we have started contracting media time to consumer-packaged goods brands to advertise to Latin American shoppers right at point-of-sale where buying decisions are made. VSBLTY will be supplying its proprietary software for analytics, security, and visual display, Hutton said. The three firms will be equal partners in the joint venture. VSBLTY will earn revenue from the joint venture in two ways. First, and more modestly, from the licensing fees to VSBLTY for the proprietary software that will be leveraged by the joint venture, and second, and most significantly, VSBLTY will share in one-third of the annual operating profits from advertising revenue, modeled to be greater than $200MM USD in total to the joint venture over the first five years, he concluded. AB InBev is the worlds largest brewer with a diverse portfolio of more than 500 brands, including iconic global beers Budweiser, Corona, and Stella Artois. Part of AB InBev, Grupo Modelo is the leader in the production, distribution, and sale of beer in Mexico and owns and operates Modelorama, Mexicos second largest convenience store chain.

[Nightstocker]

Uhhhh...I'm hoping we get a bit better of an NR than a 5 cent bump and then back to average share price the next day. You trying to flog another stock on this board or something, Colima?

[dontfollow]

Don't know a lot about VSBY. Are they operating in the same segment as PAT? Looking at the SP, at least it seems like they deliver on their promises  and doesnt blame everything on corona restrictions which evidently translates into huge shareholder value. Basically a complete opposite of PAT. Good pick colima! /all imo

[BaronBuffett]

It's your bf Cronin that blamed it all on the pandemic and not on his highschool level business acumen. Evans is just picking up the pieces. You probably wouldn't sound like this if Turtle was still at the helm, dontkaren. /all imo

[Nightstocker]

dontfollow is such a nancy. Made my life easier to "dontfollow" dontfollow.

[colima]

VSBY website is very interesting; especially the case studies. I have owned PAT since the first day it traded. I recently read about VSBY installations in Mexico City & the reduction in crime rates. So I now own almost equal amounts of the two. DO some DD on VSBY. I thinks anyone would be impressed with the company & their partners.

[Rick311]

They prettt much only do video analytics right?

[colima]

NO ! Just read ALL of their News Releases. You can read them on the Stockhouse board . Just type VSBY in the Stockhouse search companies box. There maybe about 20 NRs and they're ALL worth reading.

[Rick311]

Just give med the quick version of what they do besides video analytics.

[colima]

Just go to the VSBY website. This is PATs' board.

[colima]

Enhancing Security Using Disruptive Technologies for Schools, Stadiums, Transit Hubs and Smart City Applications By teaching computers how to skillfully interpret their surroundings, VSBLTY software can in turn contextualize all the information about those surroundings and deliver it to the end-user vetted and streamlined for the particular security application. One or hundreds of Persons Of

[mrpancake]

So basically your suggesting P. Evans became aware of what VSBY was up to and sold the idea to PAT shareholders who eat up everything he says - so similiar to Cronins baiting

[dpinvest]

sure. As for now VSBY has almost no revenue recognized

[colima]

What is unique about the 911inform-VSBLTY solution is that the combined technology provides important information that schools do not currently have and are needed on a daily basis, according to VSBLTY Co-founder & CEO Jay Hutton. “We are integrating our Vector™ software into the 911inform platform that will be highly useful to schools even in non-emergency situations by improving efficiencies

[Nightstocker]

Ok, Colima, can we get back to Pat? Go peddle somewhere else.

[Rick311]

Took a quick look at their financials. They had around 2.7mil in cash and looked like a fair amount of debt, total rev of 95k last quarter. Market cap is 125mil compared to pat around 70-75mil.