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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. > From OVG, worlds largest stadium/venue operator
View:
Post by Rick311 on May 09, 2022 11:04am

From OVG, worlds largest stadium/venue operator

Mike Downing, chief security officer for Prevent Advisors, the security arm of venue operations giant the Oak View Group, said that OVG CEO Tim Leiweke called the walk-through systems the biggest venue technology innovation in the last 50 years. OVG has deployed Patriot One systems at Climate Pledge Arena in Seattle, where the systems are currently being tested as they await approval from the NHL for use at Seattle Kraken games. The Patriot One systems were also in use at the recent opening of the Moody Center, the new arena-sized venue at the University of Texas, managed in part by OVG. According to Downing, OVG is "working very closely with Patriot One on a number of deployments," with those deployments in different stages of planning and deployment. But overall, Downing said that the move toward walk-through systems in general is a positive. "In our opinion, [the new technology] is far superior," Downing said. "The upside is huge." So keep your keys in your pocket, and walk forward -- to the future of stadium security screening.
Comment by BocianWaffles on May 09, 2022 11:09am
I read that article too Rick, I think it's just a matter of time before the whole industry explodes. Once it does my guess is there will be consolidation of companies. I think big money will be on the table, with M&A activity occurring. All will benefit.  All IMO, long Pat!!!
Comment by TedOrlow on May 09, 2022 11:13am
This post has been removed in accordance with Community Policy
Comment by BocianWaffles on May 09, 2022 11:22am
Hey Ted..this is the thing..despite what some of the head in the clouds posters say the reality is this (from my perspective)...you do not want to sell the company now...we would get maybe a buck buyout..we don't have the proven sales to demand what the potential is for the tech...it's best to wait for the perfect moment which would be reoccurring significant sales coupled with the ...more  
Comment by Nightstocker on May 09, 2022 11:58am
I'm skeptical of an internal push to deliberately tank the stock price. External manipulation from shorters and the Canaccords of the world? For sure. Do we really think Evans would get a bigger bonus by selling Pat for a low share price? The guy has a kadgillion shares, FFS. He wants to see some ROI before he bounces...he isn't settling for a low share price. Any "bonus" ...more  
Comment by BocianWaffles on May 09, 2022 12:08pm
@night - Totally agree, no way Peter is intentionally tanking this...as you stated he has a ton of shares, this is his reputation on the line, he has a history of doing well for shareholders and frankly his personality isn't the type...he's too arrogant/confident to lose face and do something illegal for a few extra bucks...and that is in no way a knock at Peter...I prefer my leaders to be ...more  
Comment by TedOrlow on May 09, 2022 12:53pm
This post has been removed in accordance with Community Policy
Comment by pliskenNYC on May 10, 2022 12:54am
@stocker Look at the sp .. look at all his activities increasing value.. look at his anti promotion..based on what he's accomplished so far any CEO would have had this stock price at a respectable level with the ammunition he has. ...tell me with a straight face it all adds up.. go ahead.. it doesn't add up.. he added all this value and the price just keeps going down... does he even ...more  
Comment by Jahpatriot on May 10, 2022 6:55am
@LiskenNYC: Brother, I totally agree with your argument. Plain and simple had it been an American company the BOD would be seriously looking to can him already unless there were altering motives for keeping the SP down. I am somewhat baffled why at big companies employing the product/s of a penny stock that can go under at the drop of a dime unless they know something we don't. LiskenNYC is ...more  
Comment by pliskenNYC on May 10, 2022 9:38am
I don't care what anyone says.. I know what my eyes see, Peter is in no rush to increase this share price.. he has all the tools to do so....and I know he isn't incompetent.. ..so something is up.. And it sure isn't the Patriot One Technologies share price..
Comment by dpinvest on May 10, 2022 11:32am
I think we all get your point by now -don't we just all love conspiracy theories? just because you keep posting about it, it doesn't make it a fact. the declining sp is a response to no interest due to the general stockmarket, no news about revenue generating sales, lack of DSH certification, and smart people waiting to see if Pat is abvle to make substantial improvement to their MSG ...more  
Comment by Nightstocker on May 10, 2022 11:52am
We can all respectfully agree to disagree on some aspects of Pat. We all want the same thing. All good. And while I am not in the conspiracy theory camp, I am definitely in the "Pat better get its shite together" camp. Peter has a shelf life. It is his responsibility as CEO to get the share price up. Or he gets jettisoned. A lot of folks agree with Plisken and Jah , and will be ...more  
Comment by pliskenNYC on May 10, 2022 1:14pm
@nightstocker  let's just be honest... all in all actuality... we are 4 cents away from the .30 odd cents mark.. .30 odd FREAKIN CENTS!! we have made strides with contracts.. but the share price keeps dropping and significantly dropping at that. Peter isn't showing his face or commenting on the ELEPHANT in the room stock price.. the last vid chat was a swift affair with Peter ...more  
Comment by Nightstocker on May 10, 2022 1:47pm
@Plisken, I definitely agree that Peter is focused on building the company at the expense of the share price. I also think if he doesn't address it, it will bite him big time. But again, not to sound like a broken record, he has 1,770,000 shares. he will want return on that investment, and 50 cents ain't cutting it.
Comment by pliskenNYC on May 10, 2022 11:52am
@dp funny story about conspiracy theories these days... they all seem to be coming true.. I think he's doing an amazing job to ... shame he isn't interested on capitalizing on it right now.. also... just my humble opinion  btw spell check wreaked havoc on your post..
Comment by BaronBuffett on May 10, 2022 9:07pm
This.
Comment by LONG-HAULER on May 12, 2022 7:55pm
Lots of replies since you posted this Rick311. This could become a substantial partnership if the 1st deployment plays out well. These guys are massive. Still speculation on whether they fully buy in but if the do $$$$  https://www.ovgfacilities.com/venues/
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