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IIf there is a paradise in Florida its Long Boat Key. Siesta Key very close (15 Min), is the best beach in the world.
Re: Investing, I wish I had less and spent more. Pisses me off that some will get what they don't deserve. Wifes family no problem, mine not so much.
Hate the current situatuaion fpr my Kids, Kids. Climate. war (China). We were fortunate to be born when we were. IMO future generations won't be as lucky.. Take care.
Over and out......
Great Qtr, Congrats to you and all the other guys who hung on.
My only other comment if how stupid are the BOD members who didn't buy shares when the were still able to buy. They had to know these numbers months ago, Don't gloat, I'm still glad I left and made some money. Main thing for me now is staying above ground Will be 84 this month and there is still plenty of bucks to go around for tthe relatives when I'm gone. BTW, I watched this kid play QB and I don't think they will miss Rogers one bit.. He sat behing Favre for years and was ready when his turn came, same with this kid. JMO I think Rogers will flame out with the Jets. The GOAT's ( Namath, Favre, Unitas etc.) were done when they left their first teams. Brady was the exception for one year only, but he was the real GOAT.
How can you, or anyone, possibly be bullish on this company when your CEO, probably a very rich man, sells his shares for chump change??? You should all be furious and tell him what an assh.....e. he is. Your puny complaints via Board Posts just won't cut it.
Thanks for the shout out. I did up it from 30M to 40M in 5 years, but now I think 35M would be the figure.
They are nice, but Longboat Key is the best by far..
Virtually every Euorpean country is building their military and increasing the size of their armies, which means training. I didn't even mention the Pacific rim (jJapan, Indonesia etc.)
As for 300M in 5-6 years, you are the one who is nuts. I posted several years ago this will never be more than a 30M company. So far, I'm right, but I'll up it to 40M in 5-6 years.
BTW, I think you're starting to get a little old yourself. What the hell are you going to do with all that money? My wife buys the powerball tickets and I tell her if she ever wins I will strangle her. The amount of money for that is obscene, but the amount you're posting about is damn near the same..
I'm done, no more.
I shouldn't have posted in the first place
Joe, I agree to the extent that it was better than usual, but this report for the Qtr and year should have been 1M or more. It has been in the past on financials not near as good. The drop off troday was huge. Even past reports, not near as good, kept the momo for a couple of days at least. I hope the rest of the week improves, but as I said, if it doesn't, this would be a wasted opportunity. Fish thinks I'm crazy, but what did I post that doesn't make sense?
Best to you and yours. You and some others deserve the reward you want. I just got tired of waiting.
Where was I wrong??
This was a great report and deserves a real boost, but volume yesterday was underwhelming and today even worse, If the rest of the week remains at this level, it doesn't matter who the buyers are, the party is over for this year and one and all can look foward to waiting another year and another year and another year. Europe and Ukraine should have been the turning poing as to whether this company ever achieved its desired potential. Now its onsey, twosy's sales from here on in. The supposed Military Contracts by this government Rep or Dem will never happen. They are still working off that 40M, 5 yr contract abd by that time the product will not only be not necessary, but obsolete. Every penny that Ferris said went to R&D, and it was a ton, was total B/S. by now they should have the product that would be saleable for the next 20 years, they don't...
Hope you are well...
Segue, if there are -0- known sales to NATO or Ukraine, then this company is hopeless. If there were ever a time to sell these gizmos it is now. Its a war where you can't tell the good guys from the bad. Perfect scenario for VTSI. Lone wolves in the US do not warrant any police training, which I have posted many times. Sould have sold gazillions to Europe to train their military upgrades. Amount publicly sold -0-. End of story.
Have trouble understanding anyone's optimisim, but miracles do happen.
I no longer have a dog in this hunt, as you well know. Just sitting by my PC and reading posts for the hell of it.
You, of all people posting on this Board should FINALLY come to the conclusion that this product was never really meant for police training. The police training should begin and end with cutural training not VR. I have posted this years ago and it still remains the biggest problem. Thsi product is a weapon that should be used in basic training for the military and is good for nothing else. That is why this it will never be more than a 30M co., again as I posted years ago.
Its not Ferris, the BOD, the sales dept,. Its the product , always was and always willl be. Miss most of you guys, but its one of my better decisions to leave.
TO: DG and fish. I have over 2M invested at the present time with someone I've known for over 30 Years. What he knows in his little finger about investments, you guys don't know with both your brains combined. I need this like a hole in the head and I was stupid to say anything at all. My own fault, NO MORE ADIOS!!!
Worked very hard, turned down huge money to quit while I was ahead.
"Good Investment", I spent 18 yrs on this before I got out. You will be as old as I am before this is a " Good Investment". The Feds are out of money and they are your only decent customers. The PD's buy one at a time. I posted years ago they will never be more than a 25M Co. So far, I am spot on and also posted several times they should not be on the Nas. Soon they probably won't be.l
Twenty years ago when I invested in VTSI my world view was completely different than what it is now. The thing that has remained constant is my hatred of greed. I have many flaws, but I have always managed to control that one.
The answer to your questions to be specific is:
1. I hate the product.
2, I don't need the money.
BTW you DID contradict yourself.
You contradict yourself.
The first paragraph says "properly trained"
Your second says in these situations, little or "perhaps nothing" could be done.
In addition, your logic would indicate that in all of the previous mass shootings, that not one of the policemen involved was "properly trained"
As for Ted Cruz, I think he is a spineless, lying, phoney, and anything else that I can't think of at the moment, excuse for a human being.
Other than that, best regards to you and yours.
BTW, I DO NOT NOW OR EVER WILL BUY ONE SHARE OF VIRTRA AGAIN.
You contradict yourself.
The first paragraph says "properly trained"
Your second says in these situations, little or "perhaps nothing" could be done.
In addition, your logic would indicate that in all of the previous mass shootings, that not one of the policemen involved was "properly trained"
As for Ted Cruz, I think he is a spineless, lying, phoney, and anything else that I can't think of at the moment, excuse for a human being.
Other than that, best regards to you and yours.
BTW, I DO NOT OR EVER WILL BUY ONE SHARE OF VIRTRA AGAIN.
Not to bust your chops, because I think you are the best asset this Board has had in years BUT!!! What the hell good would VirTra training do in the case of 19 Cops waiting for a janitors key to open the door? In fact would training have stopped any insane "LONER" from doing exactly what has happened in every shooter tragedy thus far? IMO, the only one would have been the George Floyd case, the rest zero. In this case there were 19 "good guys with guns", per Sen. Ted Cruz and the NRA.
Sorry, hit the wrong button.
I believe this is the 2nd or 3rd different accounting firm in the last several years, maybe their 4th. When a new firm starts they have to start from scratch in order to sign off on the Financials. This takes time. To add to that, I vaguely remember them changing the way they recognized revenue awhile back also. All in all, I don't see how the CEO is at fault in this mess and there could be huge lawsuits coming when the numbers are finally announced. The accountants, Ferris, or whoever else took part in this mess is libel for a whole lot of trouble. The IRS, the SEC are not people you want to toy with. Ferris, because he signed the returns, the accountants for sure. I think Judy left the company when she did because she knew that something was wrong. All you guys can do is sit tight and hope for the best Bitching now is a waste of time
Over the years, I was a bear and a bull, a bull and a bear. a bear and a bull, same as you and fish. The only solid bulls all this time were Teeroy and Ardly. I ended up as a a totally fed up investor and just wanted out, I didn't care about the PPS, Sales ,the CEO or anything else. I just check in about once a month for old times sake. Hope everyone gets rich.
They have a Controller and no staff. Unbelievable!!!. Still no relocation. The Tempe area has ben bled dry by this company hiring only locals. Sorry Ardlly couldn't help it.
Just showed up for the hell of it..
How the hell could you have a backlog of 28M, when this company has never done more than 20+M any time? Don't they have a production plan, do all the workers sit on their ass and produce nothing. Sales are not the problem, unless they can't deliver or their contracts call for delivery in 20 years. Very weird.
Sorry ardly, did not mean to upset you, but I think you should all be asking similar questions
The first paragraph of your post is the first time you have told the truth in months. I guess now that all the people are hearing the truth every day, you must have caught the bug
OT: To All: Read post #125 on the RFP Board!!!
OT: d. Its ironic that you posted a reply to one of my posts about reinvesting in VTSI. I slept on the thought of buying back in and decided against. Now reading that there is a possible chance that fish was going to get in again, I know I made the right decision.
OT: See what again? See this country go down the drain?
Bob is, and never was, the problem despite his bashing. The problem is that there is a limited market for this particular product. The price is too high. The benefits do not match the investment. The need for this type of training is very insignificant, in the big picture. It took me a while to realize thus. PT Barnum wouldn't have sold any more than Ferris. The PPS may not be priced correctly, but this will never be more than a 25M company and don't hold your breath for 6.00-7.00.
D:
1. Because fish is gone
2. You are correct on both counts, but I would play it like you and shneid. Since I'm stuck in the house that might be a little fun
Now that the biggest b/s poster is gone, I'm considering getting back in. Bash, bash, bash and he thought the PSS should be higher. Every stock he mentioned tanked. Inherited wealth, couldn't have been made investing and worked for someone and never owned a business.
OT: What? Your ridiculous opinion again, tea leaves, crystal ball, or fact?
OT: Correct, I should have added Vocational Schools. That's what I meant. In Israel, everyone serves, men and women, except for the ultra, ultra religious.
No matter whose side you take, the people in that country have a national pride unlike anyplace in the world. We could use some of that. Right now the whole world is laughing at us. WITH GOOD REASON
d: I could care less. At my age, when I look around, we have raised a generation or two, of self-centered, lazy idiots.
My answer would be to reinstitute the Draft for everyone graduating high school. No exceptions, Serve the country in some capacity, military, civic, etc
They would grow to be adults with the capacity to lead productive lives and give a little back to what was given to them.
OT: That ranks with the dumbest rebuttal ever. MR. FANTOM
Ever hear of Oklahoma City, Sandy Hook, Orlando,(night club), Parkland.
Live in ghettos, there's safety in numbers. Harlem, Liberty City, etc.
Byrd was 20 years old. I didn't know Clinton and Biden ran KFC.
You lost, but The G.O.A.T got one right. If everyone who is eligible (not suppressed) votes, their will never be a RepubliCANT elected again. You'll have to switch your affiliation to the USA, USA, USA, Lock 'em up party. I WANT OUT, BUT THEY KEEP PULLING ME BACK. ( Pacino, in The Godfather) and me.
OT: I'm outta here for the 10th time, but fish is catching up to me.
To answer your question: They are hired because Ferris, with 11M in the bank, doesn't want to pay relocation costs for quality people and only hires from the Tempe, AZ area. Many years ago I posted about this problem and nothing changed.
OT: The reason I wanted to "drop it, ever so politely" is that dLewis and I live about 5 miles from one another and we are civil to each other, but disagree on many issues.
As for the other stuff I am not a Socialist and have read Sowell, Walter Williams (dead), listened to Limbaugh, Hannity, Ingraham, Beck. I have read the Washington Examiner,the Spectator, and among others now you. Let me ask you a question. If the Left is so bad for Afro-Americans, why is it that the only areas that consistently vote for people of your ilk and try to suppress their vote in every election and give them shitty schools and second rate health care and ghettoize them and yes, shoot them in the back and step on their necks till they die. These same people cheer like hell at football and basketball games. For every Clarence Thomas, Barack Obama, Thomas Sowell and that famous world-class brain surgeon who is in Trumps Cabinet as Sec'y of HHS, who hasn't opened his mouth in years while his own people are dying left and right. I know, its the woks and snowflakes that are the problem along with the "fake news" left wing media (see above).
All would be solved by better Police Training with VirTra Sims. People like me just don't get it, but you do. Give me a break. You lost!!!!
OT: D. I found the link you were referring to and viewed it. My conclusion is that every one has an opinion to hang their hat on. You yours, me mine.
BTW: My Grandparents arrived around the same time as yours.
Stay safe.
OT: D, Lets just agree to disagree and drop it. BTW: What Link? and who produced it?
OT: D. No doubt you are correct in pointing out some of the blame on the Afro-American community, but growing up in a single parent household or other points you made, doesn't justify the rational for getting disproportionally shot and jailed way beyond the pale. Lets be honest, many of more privileged people, such as you and me, are still fighting the Civil War. We are all products of our personal environments. Our individual thoughts and opinions have been passed down from generation to generation and are ingrained in our thinking. No one is born a left or right winger, but most of us are born with a leg up. We are WHITE. That's why I posted that we have more of a cultural problem than a Policing problem. Fix one and the other will take care of itself to a large degree, Buying a $300K SIM fixes nothing. Build schools, pay for good teachers, EDUCATE, EDUCATE EDUCATE. Bigotry is nothing more than PURE IGNORANCE and G-D knows we have plenty of that to go around.
OT: Not "all along". I was sucked into this black hole for many years. It finally dawned on me the product is overpriced and basically unnecessary. Our Police have been operating without this training for dozens of years without the problems that are common now. It is not a training problem, it is a cultural problem that has been plaguing this country since its inception. First it was the Irish, then the Italians, then the Jews, then the Puerto Ricans, but its been Afro-Americans the whole time. Until they take the Cops out of their cars and make them walk a beat and learn their neighborhoods and the people who live there, you can train till "the cows come home". Virtual Reality is the future, but having a SIM hasn't saved one life in this country. War is different, there it would have helped, but the next wars will not need this product, but will need cyber?? geniuses to win. JMO needless to say. $8..00 don't hold your breath.