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Bullboard - Stock Discussion Forum 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... see more

TSX:XTRA - Post Discussion

Xtract One Technologies Inc. > Here is the Post:
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Post by Nightstocker on Jul 23, 2021 6:01pm

Here is the Post:

For what it's worth. Ric is a cheerleader and very pie in the sky, but if even some of this is true, it's good news.

I am a bit skeptical about crowd flow rates- seems low for Evolv. Also, he was trying to say Pat instead of Evolv in that section. 


I also went to the ISC west show in Las Vegas. I had a private sit down with Peter Evans for a little over an hour and saw the machine in action and saw it work. It works as advertised. I also examined EVOLV's booth. I want to add a few things John did not say in his video. 1 EVOLV is a single sensor detector (metal) and PAT 1 is Multi. 2 EVOLV has a 30% false positive, PAT 5%. 3 PAT 1 is now in phase 1 of detection (metals, facial) and in the fall will move into phase 2 and mid 2022 phase 3. That's why Peter is focusing on stadiums. People carry less clutter into stadiums. Phase 2 and 3 will detect and separate with accuracy bags with more and more clutter. People carry a lot of things in backpacks and suitcases and phase 1 just does not detect with accuracy until phase2 & 3. EVOLV just went to the NASDAQ this week and stock is trading around $10 per and has been around about 2 years longer than PAT 1. Peter envisions PAT 1 on the NASDAQ fall of 2021. 4. EVOLV is very expensive compared to PAT 1. 5. The pretend gun EVOLVE used was very large and heavy, PAT 1 small and light. More metal vs less metal. PAT 1 wins. 6 EVOLVE can push thru at phase1/ 1800 patrons/hour. Phase 2/3600/hour. Phase 3/4000/hour. EVOLVE 20-30/hour. All and all I feel very comfortable saying PAT 1 is a far superior product when comparing to EVOLV. PAT 1 has more to come with phase 2 and 3 and EVOLVE doesn't. Phase 3 According to quick study off internet: At $10000 per # of schools K-12. 130,930 = $1.3b Churches 380,000 = $3.8b Hotels 91,000 = $910m Supermarkets 41,000 = $410m Sports Arenas 9443 = $94.3m Colleges 6200 = $62m Casinos 465 = $4.6m I will be buying more and more stock.

Comment by mrpancake on Jul 23, 2021 6:21pm
from Ihub where you reposted here   "People carry a lot of things in backpacks and suitcases and phase 1 just does not detect with accuracy until phase2 & 3." then they say "All and all I feel very comfortable saying PAT 1 is a far superior product when comparing to EVOLV."   If that's the case and the PAT product has years to go before it can detect ...more  
Comment by BaronBuffett on Jul 24, 2021 12:10am
"Peter envisions PAT 1 on the NASDAQ fall of 2021" If this is true what Peter has said, then it's very ambitious. For sure he'll need a mind blowing contract with a major Tier 1 name. Fingers are crossed.
Comment by Jahpatriot on Jul 24, 2021 2:03am
BatonBuffet: Or he can pull off the same stunt that Evolve did. Isn't he a former venture cap dude? I think your argument is more in line with what needs to be done to get us on the big board as I vaguely remember Peter alluding to them needing to start selling the product before them trying out for the big board. Sounds like something fishy is up with a few big ones or maybe CMR 2.0 is ready ...more  
Comment by BaronBuffett on Jul 24, 2021 12:33pm
LOL! Someone made a "BatonBuffet" handle!?! 
Comment by BaronBuffett on Jul 24, 2021 12:35pm
Ah, nevermind... I see the response now. Just woke up.........
Comment by Nightstocker on Jul 24, 2021 2:21pm
If true, it's a bold statement by Evans. He wouldn't make that comment unless he had multiple irons in the fire. He has gone on record with a number of contracts that are either closed or closing. I think he is hiding his time for a coordinated, tactical play. Something along the line of good financials, some big contract announcements and maybe a new tier one partnership or reseller ...more  
Comment by mrpancake on Jul 24, 2021 3:04pm
meanwhile someone is selling land in Florida
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