Xtract One Technologies Inc (XTRAF)

[Kapmando]

I'm adding to my position tomm. Ask yourself 1 question: Who would fund a start-up OTC company 25 million dollars , if they thought this company would fail or didn't have a product they felt was pretty solid? In addition, without going into depth, living in Las Vegas, I've been privy to local news stories on P1 as well as witnessing some of their developments at the Westgate Hotel and all I can say from the naked eye, it looks like all systems go for P1 IMHO! I do believe the company is taking their time , crossing all their T's and dotting all their I's and getting the Patscan ready for a flawless as possible rollout. In addition, I would not be shocked , if P1 is in the process of implementing other Technologies like facial recognition! I believe a little more patience will pay off and adding on dips, may be a good strategy, but selling a position at 1.20 and risking being out of the stock when major news hits, would be ill advised. Besides the pps has held between 1.10-1.30 for a couple months now, so downside is minimal IMO compared to near term rise with any catalyst at all. Finally, I still have a 1.85+ US price target by September. Hope this helps and GLTA! $PTOTF