Post by
BaronBuffett on Aug 19, 2021 11:41pm
Will Xtract evolve into a behemoth?
This I am hoping. I hope we have two massive companies here - weapons detection in Patriot One and Xtract AI in, well, everything. Xtract can delve into soooo many industries it's practically limitless. I hope the vision here is as big as what Elon Musk has for his companies.
Comment by
BocianWaffles on Aug 20, 2021 8:57am
I think it's highly likely...they have been consistently getting 6 figure govt contracts for years.
Comment by
BaronBuffett on Aug 20, 2021 12:21pm
I wanna hear PE's vision for this because he is already dabbling outside of weapons detection with our AI. I'm sure he sees all the pain points and (AI) businesses opportunities that are present when having conversations with these big businesses. It's just the willingness to venture farther out with the tech than what was originally intended.
Comment by
Jahpatriot on Aug 20, 2021 5:35pm
It could be spun off as a separate entity with the existing shareholders of Pat1 be compensated with shares of Xtract. How much shares would shareholders get would be left up to the BOD of Pat1. Just mi own thoughts.
Comment by
pliskenNYC on Aug 20, 2021 5:49pm
Xtract is the AI behind the tech, It should stay in place and be one big behemoth of stock prices
Comment by
BaronBuffett on Aug 20, 2021 11:30pm
Agreed and that would be the right course of action, I believe. Then us shareholders would get a slice of that pie that (hopefully) PE would lead into the Nasdaq.
Comment by
Nightstocker on Aug 21, 2021 2:30pm
All of the options you gents have a common underlying theme. A win for us.
Comment by
Jahpatriot on Aug 21, 2021 6:35pm
@Nightstocker: These discussions are essential. Though management claim they don't read these boards I beg to defer. As we all know it was this board that brought Cronin to a halt and the installation of a more aggressive Peter Evans. Well Peter, it's your turn to pay attention to our discussions. There are some good take away among the b/s posted that can prove to be good for Pat.