Xtract One Technologies Inc (XTRAF)

[1jwhyte]

Just to clarify your point about revenue. Shotspotter currently has 10.7m shares outstanding vs Pat1 with 113m shares. Comparing rev vs share price is not a direct comparison when looking at two companies. On a past 4q basis SSTI reported revenues of 29.1 mil, with continued growth of +50% historically they have a projected revenue of about 43m next 4qs. With those numbers in mind they are trading currently $40 a share with a foward Price/revenue of 10. Simple math with equal revenue and equal market cap Pat1 share price would be approximately 10% that of SSTI due to shares outstanding.

Disclosure, I am long SSTI and PTOTF.