Xtract One Technologies Inc. T.XTRA

Xtract IR’s Response to Eight Capital’s Antics..

[Revenant]

"There is no logic to that assertion... the analyst there likely benefits (reputation, salary) when his price targets are achieved. "

Ah, gotcha...his target was not making a profit, as we were at .75 last week.
 

Sometimes non-answers speak volumes.

[Revenant]

AND he achieved his target by buying AND selling in 500 share increments.

[Davinator]

Huge kudos for sending the note Rev.  I'd be shocked if Peter and Adhir don't get wind of the inquiry. They need to know we are paying attention to the shenanigans that Peter said he was gonna look into back in April. 

[Revenant]

And Davinator that was Witty's entire response . When I pressed him on it, all he said was "His near-term target price is C$1.30". No denials or admissions. Just word salad. Very concerning.

[Revenant]

Got another response: There is no rational response... He obviously wants the stock to go up. He does what he wants, under no direction from us (or any company).   Hope you saw today's presentation!    At least we are getting a denial of involvement...

[Baxbax]

Thanks for sharing this. One thing is certain, no more rip off finances ever. Whats the point if you cant trust on your partner. I recall them saying the finance partner was carefully selected.. 500 qty sales is killing us and no real comments. If mgmt is fed up with retailers, by all means acquire institutions on board. 

[Revenant]

Amen!

[Jahpatriot]

Baxbax, It has become pretty hard to not see Xtract as being complicit in this behavior. Their response seems to be on the side of those manipulating the stock instead of being peed off.