Xtract One Technologies Inc. T.XTRA

Liberty Defense "Transformation Plan"...

[Davinator]

Another competitor with their eye off the ball for a bit I would think.  I hope this isn't a reminder for Peter to go back to the funding/share issue table again sometime soon...
https://www.newswire.ca/news-releases/liberty-defense-holdings-announces-transformation-plan-858731445.html#:~:text=Some%20of%20the%20key%20drivers,corporate%20espionage%20and%20insider%20risks

[Baxbax]

Safe to say they were even before this few years behind. Intereting field is airports if this opens up for x1 to take a lead on staff check ups. I truly hope those warrants will finance us thru until cash postive. Got chills of new financing  another deal w eight capital would kill us  but but but afterall we need to execute NOW and no massive signs of that yet..

[notacasino]

Ten for one consolidations are usually the kiss of death for microcap companies. They are already down 22% today on the news this morning. Once the consolidation is completed, they will go from aprox a nickel per share to 50 cents per share. It won't take long for the 50 cent share price to erode away into the 40's, then towards 30 cents......etc, etc. Very rarely do you see tiny companies

[FrozenInOntario]

Well, if you read the release : they raised $ 40 millions so far to commercialize their tech.  Their market value is $ 8 M.     Sounds like a typical mining junior and capital went to money heaven. Now they need some cash.  If you assume that the need another 8 Million, they would need to double their share count and issue another 160 M shares.   Not feasible and

[kidl2]

SCAN is a fringe player of no consequence to XTRA. Watching EVLV is much more telling. It has been unsuccessfully tried to stage a rebound since the October dive. XTRA on the other hand has found its footing around $0.70 on fairly low volume and is being held there for whatever reason. This “whatever” doesn’t point to a financing or else the SP would be under a lot more pressure on much higher