Xtract One Technologies Inc. T.XTRA

Whats happening with evolv

[Rick311]

Down another 10% Any bad news?

[Nightstocker]

You mean other than the fact their tech can't detect knives?

[BocianWaffles]

@Nightstocker - That is insane to me, it's probably the most common type of weapon patrons bring into stadiums and casinos. It funny how some people were focusing on the clutter thing that impacts both companies, I think Peter articulated it perfectly ...the lens to look at it through is current technology which Pat is looking to replace are metal detectors...100% of the time folks are forced

[Nightstocker]

@BocianWaffles- this is where Pat is being really smart...they acknowledge that clutter is an issue, but rather than shrug and say "what can you do"? (Like Evolv) they have a staged time table for tech improvements currently underway that will eliminate or drastically reduce the negative effects of clutter. And all this despite already being light years ahead of Evolv with regard to

[BocianWaffles]

Completely agree Nightstocker. Future iterations should address this and allow the company to pull even further ahead of the competition imo. 

[Rick311]

Wow that's pretty bad

[BocianWaffles]

My guess is they will continue to drop. Maybe they will get a boost once Pat starts showing big sales for the mere fact of people viewing them in the same industry as Pat. It's going to be an interesting watch. Reminds me of Sirius and XM, i can see Evolv trying to buy Pat but I don't think it would ever be the other way around, cash on hand aside. 

[pliskenNYC]

Pat is the superior product, imo evolv is smoke, mirrors & name dropping, I'm starting to think they are a tiny bit opportunistic with this contraption looking to try to bully their way through & cash in by throwing dollars into marketing a second rate product,  but that's just my personal opinion..

[Nightstocker]

@PliskenNYC, I think you're right. Totally a case of trying to get by on big bucks and big names. You can't detect knives, and that's somehow not important? Last I checked, box cutters caused 9-11. Evolv should be ashamed to even offer that garbage for sale. Pat needs to succeed- not just to fill our pockets, but to ensure the best product on the market- and the most effective