Xtract One Technologies Inc (XTRAF)

[236T568]

PTOTF - More on "What is wrong with this picture?"

So, again, PTOTF claims more than $2.7 million in product orders yet is has yet to produce a commercial product.

What is wrong with this picture?


http://www.marketwired.com/press-release/networknewswire-releases-exclusive-audio-interview-with-patriot-one-technologies-inc-tsx-venture-pat-2226501.htm

"Though the Company isn't yet shipping a commercial product, it is gearing up to address increasing demands for its products from around the world. Patriot One has set a modest target for the number of units it planned on placing in clients' hands by the end of 2017.

"As it turns out we've had such demand that even before we can start installing those units, pretty much all of our volume that we anticipated for this year is already committed and we have new distributors coming online on a weekly basis," says Cronin. "New clients come to us on a daily basis.""

PTOTF - What is wrong with this picture?


On June 13, 2017 PTOTF issues a pump press release stating that it has received orders for $2.7 million of its PATSCAN CMR product. This is significant because so far PTOTF has had ZERO in revenues.

http://www.otcmarkets.com/stock/PTOTF/news/Patriot-One-Marks-3-Months-of-Global-PATSCAN-Sales-with--2-7M-in-Signed-Agreements?id=161841&b=y



yet a week later, on June 21, 2017, PTOTF issues another pump press release stating that it is working with a University to commercialize the very same PATSCAN CMR product.

https://www.networknewswire.com/patriot-one-technologies-tsx-v-pat-otcqb-ptotf-mcmaster-university-researchers-team-commercialize-concealed-weapons-detection-system/


So, PTOTF announces that it has already received millions of dollars in orders for a product that is not yet commercialized?

What is wrong with this picture?