Xtract One Technologies Inc (XTRAF)

[doug777]

Xtract One’s screening technology will be integrated into MSG venues including Madison Square Garden, phasing out more obtrusive methods such as walk-through metal detectors.

https://www.sportspromedia.com/news/msg-sports-xtract-one-madison-square-garden-new-york-rangers-knicks/?zephr_sso_ott=crAg5F

[Monroe1]

Certainly the company will be receiving offers in the future for a merger or buyout, but on good terms for the company. A couple years down the road after the company has very large growing number of clients then a buyout could occur. The company has yet to attract a lot of attention from the investment world. Nice to be here early on.

[doug777]

Seems to me that even though we will probably loose around 30% in a dilution, we will help thwart any buy out and that will allow EXTRACT to remain stand alone and our ROI will be larger in the long run than any gain we would receive in a buyout.,

[doug777]

Seems to me that even though we will probably loose around 30% in a dilution, we will help thwart any buy out and that will allow EXTRACT to remain stand alone and our ROI will be larger in the long run than any gain we would receive in a buyout.,

[Monroe1]

Bigger deal than what most realize. That one account plus their investment with Patriot/Xtract will bring in some many more accounts. This is recurring revenue too, not one time sales.

[doug777]

JP investments on MSG

[Monroe1]

Good video straight from the horse's mouth.

PLUS, look now, Madison Square Gardens investing in the company!!!

I sold last week to buy more of another. This morning I re-invested based on
the MSG news.

$XTRACT$

[Gargar1]

Great news to wake up to! https://finance.yahoo.com/news/xtract-one-technologies-announces-strategic-130900468.html

[doug777]

3 lawsuits now against EVOLV Technology filed in the last week or so.

1.https://www.marketwatch.com/press-release/hagens-berman-national-trial-attorneys-encourages-evolv-technologies-holdings-evlv-investors-to-contact-firms-attorneys-firm-investigating-possible-securities-law-violations-2023-02-02

2.https://www.marketwatch.com/press-release/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-evolv-technologies-holdings-inc---evlv-2023-02-08

3. https://www.marketwatch.com/press-release/bronstein-gewirtz-grossman-llc-notifies-shareholders-of-evolv-technologies-holdings-inc-evlv-investigation-2023-02-08

[RolandDoe]

*his

[RolandDoe]

I like JP a lot but in this case I think he’s reasons are highly unlikely

[I Dump]

Thanks Doug for the updates.

[doug777]

JP investments vid on why we might not be out of cash:

https://www.youtube.com/channel/UCbLNMPGH8isb_oRtFmveV2w

[doug777]

https://www.marketwatch.com/press-release/hagens-berman-national-trial-attorneys-encourages-evolv-technologies-holdings-evlv-investors-to-contact-firms-attorneys-firm-investigating-possible-securities-law-violations-2023-02-02

[Gargar1]

Good volume today, let’s hope the share price increase holds. News forthcoming? Let’s hope so, been very quite!

[irv3]

See through bookbags, give me a break !
Xtract One also sees through the stuff in the bag, detects dangerous goods,
but more importantly maintains the dignity of the students and at that young
age, this unobtrusive security will eliminate the emotional experience of being
examined daily in their place of learning.
With the entrances and parking area and playground under video surveillance
the campus will be far more secure and prevent this sort of tragedy.
When Extract One hits the school market education will return to normal for those
schools. Until then even watching the news is alarming to us all.
Yes I am invested and for a very long time with this one!

[N2rock]

My grass never stops growing. Gotta get the mower out again this week. Just wish this stock would grow as fast and frequent as my grass

[k9narc]

I'd say both are more exciting than this stock has been.

The "grass" I grow in the summer is the most exciting.

[RolandDoe]

Yea the fact they haven’t raised money and have none tells me one of 2 things..I’m leaning towards it’s a positive thing.

[k9narc]

It's winter.

My grass is covered in snow.

For now, all I've got is paint drying.

I like what I see, and can wait for it to run.

The stock, not the paint.

[N2rock]

wonder which is more exciting: watching paint dry, or watching grass grow.

[I Dump]

Yep still waiting.

[k9narc]

Still here and watching the paint dry.

[N2rock]

Anyone here anymore? Over a month since the last post. Just checking

[ellen780]

Finally got new name yesterday and all set.

[ellen780]

Yup still have the old name and can’t trade in td ameritrade which is ridiculous for a name change

[JoshuaJames]

News letter from yesterday
Dear Shareholder



Further to our rebrand on 1st December, 2022 whereby we renamed the organization Xtract One - and updated our ticker symbols to TSX: XTRA and OTCQX: XTRAF - we have been made aware of an issue for US investors occurring with shares being traded using the new ticker symbol.


We are looking into this issue and will work with the OTC to rectify the situation as soon as we can.

[doug777]

https://pro.ceo.ca/@GlobeNewswire/xtract-one-technologies-selected-by-hyundai-transys

[N2rock]

Thank you for that info Joshua. Much appreciated.

[JoshuaJames]

I just spoke with Ameritrade. Was told that with a name swap it usually takes about 2 weeks to transfer, and as it has only been 8 days...do not woory about it. They also said the company has to verify quantity of shares. So...no worries,mate.

[doug777]

I have had the same problem with Schwab. They said 5-10 working days. They said PAT1 has to release some data to Schwab. I don't get that. Some some brokerage firms have already updated.

[N2rock]

TD Ameritrade - should I be concerned?

The stock still shows up as PTOTF in my positions, and has stopped tracking price since the name change. If I click on PTOTF, it then takes me to XTRAF, which is the correct symbol now. And TD's site is accurately showing that price. But it seems that the PTOTF stock I own is stuck as PTOTF. It's been over a week since the name change. And from what I've read online, name changes are usually updated on TD within a couple days. It seems the stock itself has updated on the site, but my stocks have not switched over.

[I Dump]

Thanks!

[Gargar1]

If you expect to be spoon fed think again. You’ll be covering soon enough, Of course, when good news comes out, so do the negative Nellies.

[Giovanni]

That is a no value answer.

Thank you

[Gargar1]

Ouch! report here on paid for & manipulated test results by Evolv, a ‘sponsor’ of NCS,
https://ipvm.com/reports/ncs4-sponsorships. When it comes to public safety truth & transparency is a must.

[Gargar1]

Did you bother to look? Easily found and hard to find anything negative considering where the company started from. You will be happy to know all the numbers you need for Q1 readily available…

[Giovanni]

Reports with no numbers suck

[Gargar1]

Recent press release along with financials, looking good to say the least!…..
"I am pleased to share our first quarter results with investors for fiscal 2023. The Platform continues to experience incredible growth as the total value of contracts signed during the quarter was essentially equal to all contracts signed throughout all twelve months of last year,” stated Peter Evans, Chief Executive Officer of Xtract One. “We have been focused on satisfying the needs of our customers and expanding our presence in the marketplace. The 85% increase in the value of our Platform backlog and signed contracts compared to last quarter is a testament to the strong demand for our products and our ongoing effort to increase customer engagement. We continue to reach new milestones such as the recent strategic partnership with Oak View Group announced this past quarter and see this trajectory continuing throughout the balance of fiscal 2023.”

[Gargar1]

Goldfish, ahh what lovely view. Pocket resend

[JoshuaJames]

Deja vu?
deja vu !

[Gargar1]

It certainly doesn’t help, AI is already largely misunderstood and probably a little bit
distrusted- especially in an old school industry. Thankfully we have a viable product, one that was built with the customers explicit needs in mind. Trials, third-party endorsements & champion customers whom have vetted our product and are successful with it, will go a long way in questions or concerns. All said, a longer sales cycle will be the reality with certain customers.

[Gargar1]

It certainly doesn’t help, AI is already largely misunderstood and probably a little bit
distrusted- especially in an old school industry. Thankfully we have a viable product, one that was built with the customers explicit needs in mind. Trials, third-party endorsements & champion customers whom have vetted our product and are successful with it, will go a long way in questions or concerns. All said, a longer sales cycle will be the reality with certain customers.

[I Dump]

Yes, that's what I was thinking too, good bad news kinda thing

[RolandDoe]

That’s the hope..although their snake oil tactics could potentially tarnish the whole industry and cause customers to go “old school” aka traditional metal detectors…like the Utica school.

All imo

[ellen780]

If all is true on reports about evolve then they will have massive lawsuits and broken contracts to deal with. That leaves us with a huge opportunity here.

[I Dump]

Don't forget they're test data was bs too. I would guess if they want this could really not go to Evolves liking. I don't remember but did their test data claim they could find knives? I think it did, but it was a cooked up load of BS.

Testing revealed that "the [Evolv Express] system was incapable of detecting every knife," despite conducting tests at one of the highest sensitivity settings for the device. With a score of 1.3 out of 3.0 for this category, Evolv detected some knives at a rate of 0% with a 53% rate overall.

IPVM Image

Results were so poor that evaluators said they "Recommend full-transparency to potential customers based on data collected." In a separate section of the report dedicated to evaluator feedback, multiple evaluators called knife detection "not consistent" and "unreliable".

In earlier drafts, specifications for knife testing read "knives with blades that ranged from under four inches to greater than six inches." After testing, this was changed to simply read "knives", as shown below:

IPVM Image

The wording of this requirement raises questions, as it differs from past NCS4 language. While NCS4 requirements for object detection are typically quantitative (e.g. the system will detect X at a rate of Y% or greater) the language for Evolv has no quantitative

[Gargar1]

Substantial opportunity Lies before us in this vertical. As far as a Evolve’s system not working for knife detection, can you imagine the level of potential liability incurred financially as a result of their system not doing as expected?….” As far as recouping the millions of dollars invested in the Evolv System, Nolan said the district will have to decide on what course of action they will take with the vendor.

[ellen780]

I don’t know how much they thought about name change but it reminds me of going to the dentist which is never a pleasant feeling

[Renee]

PTOTF: effective Dec. 1,2022 Patriot One Technologies Inc., PTOTF, will change to Xtract One Technologies Inc., XTRAF:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes