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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. > Free Money Bad - Hell No, BUT .....
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Post by beastcoastOG on Feb 07, 2022 12:19pm

Free Money Bad - Hell No, BUT .....

Making out that the free money means that it constitutes anthing past a TAX offset payment is simple false. 
Do you think Raytheon os getting into the Bubba Gump business with the Saudis or Salmon Farming in BC ? 

No they are not.
They are also not getting in bed with a company that resells metal detectors either or the other guys that got $5 Million for desalination at the same time PAT got $2 M. 




Comment by JVJ24601 on Feb 07, 2022 12:47pm
@BeastcoastOG.  Raytheon funds were burned up for Q1, FY2022 (Aug-Oct 2021) and helped offset the $3.XM burnrate.   Its spent, bntohing left if I read the MD&A correctly on Sedar.   So the new trick will be, if PAT Can show $2M in Sales during its Q2, FY2022 (Nov 21-Jan 22) and extend their rollout in order to secure the $50M in dilutive investment.   March 15, 2022 will be ...more