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I have to agree with that.
Just a few other missing Links. We are talking about 10s, 10s of systems, multi sysems over the course of a Year, a multi-multi-million dollar contract. We have stayed in continued dialog with this branch of the military, and certainly could happen and could happen SOON. MIA.
We've heard just as RECENTLY as the past week that there are MORE??? Mexican state Gov. interested in aquiring our systems. MIA.
There are 4 air bases to which we are aware that our products Have Been Selected,(Some Success).Pending Funds, and within the next few months there are 3 mid east Gov. and 2 Far East Gov. that will be selecting between our product and Competitors. This will be nice to see the outcome on. Seeing as We Have Not Lost Any Of These Deal.
All the above was said on the LAST C/Call
Ndakota
Is this turning into a Quiet Period, with these possible Aquisitions. Kelly has missed his marks again, No Company Changing DEAL. Not even a Company Moving DEAL!!!
The time we are in Now was said to be a Buisy time said by Mr. Kelly... Quoted May 16 2005 I've said it before, and I'll say it again. We "turned the company around" in 2003 by moving from our headset technology. 2004 was when we turned the 2003 decisions into industry-leading, projection-based products that began finding both critical acclaim and favor in our new markets, and 2005 will be the year that we turn the 2004 efforts into Shareholder Value.
It's now May 16th, and I stand on those Observations. The 1st quarter of 2005 is just one chapter; lets see how the story ends..
If this is what they call Shareholder Value we are in DEEP KIMSHI...
Ndakota
Very good Local PR. on Charlestons New Trainning Virtra.
The local news had about a three minute piece, on the new Virtra trainning for the cities police dept. They showed three differant sinerios. and spoke of how much better it is then the single screens they had.. Nice to hear that.
The Man mentioned in Mr. Kelly's PR. said it was as close as you can get to reallity, without being on the street.
Now lets see if the North Chaleston Dept. switches from the single screen to Virtra. It was a nice piece but it was only on the Local channel 4 new. Good info.
Ndakota
General Info, Gemmerling, I said I would post what I could find out on the Charleston Unit. I did find out it's going into the old Court House room in the police station. They built a new building and are utilizing the old one. It's not a fast moving process. I have not found out when VirTra is installing-Yet.
The Cops I have talked to did say they had a Fats unit and it got fried by a power surge, I did find it interesting to find out they decided to pick up a VirTra Unit after having Fats.
All for now. Yes I'd Love to see some good news roll.
Ndakota
This has Great potential.
The cost of this one system is cheaper then loosing one Soldier. If the reserch can show that reaction and response to the training can save lives. We will do OK. I'm feeling better.
Ndakota Good-Day
The big picture of small companies. Loc/Martin and L-3 are major players in many areas and IES. Apples to Apples is the picture.
The companies have Virtual Reality going for them, that is the companies. This is not a Narrow View. The Companies you mention are like a Fruit Basket. This is an Apple to an Apple.....
What Company has the best up side at this point??
Ndakota
Lets be fair and look at the big picture.
% wise I don't see too many in this field doing much better than the others, and when you take into account the companies that only do Virtual Training, VirTra really is not in the worst shape.
VirTra down 72% in 9 months current price .11 what will it take to move this stock??
Fats down 60% in 9 months current price .85 what will it take to move this stock??
I have not seen many companies moving up in this field.% wise
who has the best upside???
Ndakota
Competitors seem to also hound the buyers.
This all seems to be the norm of the New Comers, Apple and Microsoft where doing all they could to Condem each other. They even tried to step on the big Boys at the time IBM.
VirTra, has a place in the Market. They've made Noise, they have been noticed; We already know how to be patient, some of use longs have been here way too long, so what the shell is one more year.
I'm as pissed and frustrated as anyone. It will bear fruit and I'll stick around to fill my basket.
Mr. Dells Mom even asked him why people would need computers, we cannot function without one now.
Who knows the day may come when we are all using Virtual Reality to learn our jobs or better yet we all have a Dome in our home for Entertainment.
Ndakota
Fats/ Virtra. thru my checking on the Charleston System. I have found out that the North Charleston Dept. has two Fats systems, one driving system and shooting type range.
The City of Charleston is who is purchasing the Virtra system, it's very quiet at this time, some people/ Officers have heard the system is coming but they have no idea when or where it is going. Some have said it may be the going in the Greenburge Building but nothing concrete.
I'm having a little difficulty believing the military Supplimental money would be juggled into other areas then Military functions. The safety and trainning of our troops is always a priority. If, and I mean If, VirTra was a system the military was or is looking at as a Quality training and safety system, IMO it will be purchased, I'm just having difficulty beleiving some of our CEO's comments.
I believe the Military contract/ Company changing contract. Has been in the works for a LONG time. ACCORDING TO CEO's Comments, going back to the C/C of 2004.
I feel like the Company built a brick wall and now they are running into it. Self inflicked. IMHO....
Ndakota
gemmerling' Thanks for the reply, on Mr. Kelly's reply.
I just returmed from taking my Daughter to Clemson Univ.
I have not met any of the Company workers, but believe me, I live in Charleston, S.C. I will find out where and when this system is due, and I hope to meet some of the Crew.
I'm a very long term holder of VirTra and I have never spoken to Mr. Kelly; personnelly or Email. This may change with a unit being placed in Charleston. I've kept it simple and have not Fogged my Ideas or Vision of VirTras' potential by meeting the staff(This is by choice). We (The Company) have missed some marks that Mr. Kelly put out there. It was not a good July or even Aug. as of yet. The statement in the Q-Report looked pretty Ugly to me.
Hopping all is well and I will see what I can dig up on the Charleston Deal.
still holding Ndakota.
Have we lost the Pending Projects.
What is it? We have not lost any of these Deals. So this has been said in the C/Call and CEOs Letters, and now We get this Statement of Faulse Trails, This is Lawyer talk and not CEO.
To say we have experianced Bumpy Roads and Faulse Trail; Makes the bumpy road, look like it just turned into a Sink-Hole. Please do-not start talking out of both sides of your Mouth.
When a CEO does more than just announce Histotical Fact, but rather shares ongoing projects and expectations, one does so OBVIOUSLY at the risk of being wrong. However he finds it far more attractive and appropriate for an emerging company.. I can respect that as long as you do it on both sides of the TRAIL. LOTS of Very sted-fast long term Share Holders are sitting tight because of the Ceo's Communications. Straight shooting, that statement is Trouble.
Ndakota
I'm Sorry Let me correct Myself..
31 Mar.05 Total Rev. 166.005.
30 June 05 Total Rev. 255.079
Please let me correct myself, we did NOT double Last Quarters Earnings. And yes it was said,"Our cash reciepts for the second Quarter are more than 20 times what they were for the First.
I will say the current Quarter says we had recieved orders for 31 systems from various places and we have only installed 7 and one has been shipped awaiting install.
IMO If this Company does not deliver what Mr. Kelly says is coming. Sooner than His soon, we are going to find out what it feels like to be flushed down a toilet.
Even without completion of one of the company changing deals to which I have previously intimated, the increasing simulator and Immersa-Dome sales have to company now very very close to cash flowing and with the tremendously reduced debt burdenoperational profitability will soon be within our grasp. (This is From the Conf. Call. 45 days old)
WE ARE WAY OVERDUE, WE NEED SOMETHING TO CHEER ABOUT!!!!!
So much for My Gut Feeling, Ndakota
you have got to be Pulling OUR Leg.
That must be a joke, or Mr Kelly has filled us so full of #2. It was SAID BY HIM; that sales where 20 times,it turns out 2 times by the skin of our Donkey.
I think at the board meeting Tuesday, somebody who nows the meaning of the TRUTH, needs to stand up. This has been a grossly, mislead, Quarter..
I cannot even think straight. Ndakota
Will we have News before the Quater Reports???
IMO" My gut says Mr. Kelly is holding some news to drop the same day the Quarterly gets released, something Possibly the day before or after.
The slow progess/Delays have killed this Company. I along with others, have drawn many into -Virtra- and I have become short fussed on Mr. Kellys' opptomistic view with-out delivering.
It's very painstaking to see we have entered into 1/3 of Aug. and still it is so quiet. July was to be one exciting time for the Company.
Just my thoughts before the Quarter. Ndakota
gemmerling. The Cubic say it was awarded an 18.mil contract not on past work, I agree it says they have done 500+ systems. I do not believe they where awarded this contract on past unit, at least that is not the way I read it.
How do I know if it was Supplimental Money, it's my guess and I say that because the Military does not carry money into a New Fiscal year. In order for the Branches to recieve their fare share, they do a budget, which is aproved or disaproved or readjusted. You must spend it or loose it. Most of your big Money is spent in the front portion of the year. 18 million is not little Money at this time of the year. Now if this was a Verbal contract set aside and now inked on paper it could be 2005 fiscal money, but I do not believe that. I spent 2&1/2 years on the Enterprise CVN65 and was involved with the Budget for the Weapons Dept. If you want more you better spend yours and fight for more and hope fore a bigger portion next year. you do not put the money in your check-book and save it for a rainy day.. You do not ask for the Money and Not spend it.
Now if Mr. Kelley was told our systems will be purchased with Supplimental Money, he would know if it was approve in that budget by now. It still does not guarintee it will get spent their. That is why I Hate to see all these Delays on what he has placed on a sooner type time-line. Money gets deflected to other stuff, and you get put on the shelves.
IMHO Ndakota
Rusty00 I took a look at that Cubic, I sure hope the 18.4 is the same 18.3 mil. is the same. They also signed a 15mil. Contract in July. It sounds like they had the July we sort of Expected.
They have had a very long relation with the Army. It surely looks like the money they recieved, came from Supplimental funds.
I only hope we havn't lost some of what VirTra has worked so hard for. The Money seems to be flowing and it hasn't flowed our way at all.. This is becoming Ugly.
Ndakota
It's called deliver...
This Company has had too many DELAYS on what was said to be coming. For The past 2 Years we've been told about moving on another Exchange. The big company Changing Deal is coming. If These Items would ever start to happen, this OTC problem would NOT be an ISSUE or DISCUSSION. It' time to show your stuff. I do not find it fun for Mr. Kelly to Talk the Talk. and NOT Walk the Walk. I along with all long have watched many word come and go. This Company has run out of Excusses. One Delay after another.
What I know about Military Budgets, you spend it or you Loose it. The Supplemental Budget was signed some time ago. The Branches of service would have had their Money needed package in long before it was signed. The New Fiscal Year is OCT. 2 months from now. That means Budgets for next year needs to be ready. Spend it or Loose it Meaning it will be taken from you and some times be placed with other, but next year you will not see as much as you might like.
Kelly Iterated some time ago for us to watch for the Passing of the Supplemetal. OK so how long do We wait and say, it's ok it's coming, well I have given my end of the line Date OCT. Spend it or Loose it.
Too many missed marks in July, my comfort level is not feel very Comfortable at this time. I do agree with those lowered expectation. The lack of Delivering Contracts has Killed us. IMO it will take twice as Long/Many to Rebound.
It's passed time to Make some REAL NEWS/ NOISE$
Ndakota
A.) In eairly July, I believe we will announce an additional sale to Mexico, Done deal..
B.) And our First sale to Russia? Missed that boat, Still waiting..
A.) Eairly July the Install for the Little River, Done deal...
B.) In Late july we will Complete a Top Secret overseas sale with the DOD? Missed that Mark, Not sure when this may come...
B.) We expect to recieve in July an IVR sale from a significant Police Department. Missed that Mark?
B.) We can expect to hear in the next couple of weeks of a major bid proposal. that is 4 misses and two (2) Hits.
Stated, I just finished speaking about what we expect will happen. What could happen is perhaps even more exciting...
Mr. Kelly I am a very long term shareholder, this was not even close to the excitement you laid out; for possibilities.
The stuff above was Hoped to happen in July of 05 I believe.
My optomistic view says Watch Out For Aug of 05, but if you keep that up I'm going to have to beat the h e ll out of my optomistic self.
I've served in the service, and when someone says their in talks with Branches of the Armed Forces, that to me is Ok but means nothing more. The suplimental was signed Months ago.
Looking for the best AUG. of 05, that you can throw at us... :) I'd really like to see B.C.go pee like a puppy, seeing as how he can't run with the Dogs.
Ndakota
I also believe the Dome has some seriouse potential.
I would like to see what kind of fish are on the line, lets hope they land them soon and their all keepers.
Toching back on the Dome, I really thought back over a year ago when Mr Kelly mentioned NASCAR I could see it happening. All the Drivers use some sort of screen and game to help them learn the tracks they don't get to test on. That would be awesome to drop the dome select your Track and Boogidy Boogidy lets go Racing, I'd bet they can make the chair spin and tilt when the reck happens. What a ride...
Ndakota
Sirfelix Well stated. to much inter action with B/C. A little Hell raising with the CEO missing some mark is not that bad. Shareholders of any company should show question if it dems nessasary. It's healthy for the company. I'm only talking about those that own shares...
IMO this is not what we needed, we needed some accurate news at this point and Mr. Kelly is making it very hard to find our our base. This is not close to what this month was to LOOK LIKE. Not a good thing.
Ndakota
billpr, well said. we've been predicted to move to another Board, amex,nasd. thank god that hasn't happenned, they would eat us alive with all the missed would-ov could-ov and should-ovs, we have never seen... Six + years hear and I have become overly frustrated with it coming attitude. This is becoming painfull. Mr. Kelly you are way overdue on some production.
Ndakota
Info; I live in Charleston S.C. and I'm a bit mad at Management. the Domes that where sold to the Large Medical Company, and not said to be who they are. Well this weekend on our local news they showed the Domes on TV demo'ing the migrain headache. The news showed people sitting in a chair as the dome was lowered and they where educated on the medical side of what causes the migrain and how it happens.
I was excited to see it on T.V. local, but if I would have known it was in town at the Local Embassy Suites in North Charleston, I would have gone and had a better report. anyway it looks like it is getting around. Everyone be aware it may be in your Town next.
Well it's only the first half of the Month gone by, the last time we had more then one or two PRs in a week was, well lets move on and talk about something else. You know the saying the sky is Falling, The Sky is Falling. After the past Year I sort of understand the analogy to that. I thank Management for helping me with that.
I Honestly thought after the Dec./Jan. talk from Mr. Kelly; along with the lack of follow through. I believed he would have at least a double barrel loaded with news and not the Bee-Bee gun.
I've become embarassed to talk with those of my Family and friends, who I've gotten into VirTra. The term patiants and Just wait, have been worn out. Most will see what this Month brings. I must say this has turned into a crap shoot. and we've gotten hit by lots of CRAP.
Ndakota
With one week remaining in the 2nd Quarter, will anything good come from next week. If nothing happens I'm hoping for a good piece of news around the 4th of July. Then again I was led to believe something good was coming in the Dec./Jan. time-frame.
sh-h-ssh it's quiet time. IT'S TIME THE OFFICE WAKES UP.I know sombody said the office was Very Buisy. Knock Knock it's been 6-Months PLUS.
Show us the MONEY I mean the CONTRACTS.
Ndakota-venting
It's looking like Money is starting to Flow to those contracts off the new Money's. Fats with an upgrade of 4 million and now Lockheed Martin with a 3. something million contract, for new set-ups, WITH THE ARMY. They do know what VirTra is capable of???? Now if we have been in talks for truelly as long as we've been told, we are overDUE. We due have some room for pesamistic thinking, seeing as everything is much slower then belived or led to.
Looking for something that will move us... Ndakota
This would be a good thing. Money comes in when the install is complete.
a) We thought this was a wash, better late then Never.
b) The quarter closes the end of June This is good Rev.
c) I now have some hope the Mexico deal is stile alive.
d) The timing of this install is good with our military looking at more. Now they can go play on the system they own to help their out-come.
e) Hopefully more news is coming and the momentum will continue.
Ndakota
Watching other Government plays, like TASR who recieved a 1.4 Mil contract today. The Gov. may be spending some money. I know 1.4 Mil is not much out of 80 Billion. You have to start somewhere.
Ndakota
Days mean Weeks, Weeks mean MOnths. Months mean QUARTERS. Our CEO talks like a Lawer and I'm checking with the Judge, the only problem is the court-house is closed for Rehab.
Sombody check the guy on the steps, he's bleeding to death.
Ndakota
The accesories can account for over 50% of the sales in some cases. I believe that's how, Mr Kelly stated it in one of his letters. The Little River contract IMO would about make the first Quarter Rev. I still do not buy this quite period.
For years we have been told we are ahead of our Comp. you can be the greatest of many things but without SALES; we are nothing but a flopping fish out of water. This Company NEEDS SOME WATER,14.5 cents. how sad is that!!
Ndakota I'm Dehidrating hear.
justanotherfool, I'm looking for Kelly to back up some of his Talk, if I didn't believe this Company I'd be gone. I am trying to figure out if I can believe Mr. Kelly anymore..
I added to my position today, my hopes are being drug behind the truck, but not to worry the rope has not broken YET.
I went to Markum highschool out in San Jose, lived on Curtner Ave. A very long time ago. Moved back to the Dakotas and Graduated there.
Ndakota
The 2nd Quarter End in 24 Days.
Ive been trying to find good in some of the past letters.
March 2nd 05/ Now, although not yet entirely self-sufficient, but clearly approaching that financial milestone, our needs have changed.
I recognize there has been a dearth of news from the company lately, and that will be changing soon. you will hear from me a good bit in the spring. we've got a number of things Stacked up in the pipeline. This is 3-Months old?
31 March 05 Apr./May are shaping up to be very busy months. Among other initiatives, we expect to sign budget-delayed training projects, advance a partnership with a key defense prime contractor, INSTALL AT LEAST THREE IVRs IN APRIL, and complete at least a couple of Significant sized immersa-Dome contracts with Fortune 500 Companies..
This is some info. from Mr. Kelly off only two of the past Letters, We Installed one IVR in Apr. We signed a Contract with the Little River in May. This is by know means anything close to the above Remarks. If you do not meet your own remarks, and you are part of the B.O.D. You need to Correct your-self. Credability for share-holders, is your best asset.
Nobody hear needs to put the B.O.D. feet to the fire, they seem to do a better job then any.
OVER-DUE Ndakota
Knock knock Hey Mr. Kelley any-thing There...
I am really starting to love the share holder Value that is or was said to be comming, this is starting to look real sad, for a time when information was said to be so close to busting at the seems. We are past due for some good news.
Yes I added to my kitty today and it will be the LAST. Ndakota
This sell looks like the Mar. 22 contract that Fats signed with the Air National guard. No numbers on how many but it seems to fit.
It seems to be all-most to quiet for VirTra Sys. at this point in the game. Three weeks past and counting, on the 81 Billion.
Ndakota
This is the type of stuff I would expect VTSI to be working on in the past 6-months of quite. It sounds a little like the 180 degree unit. I know with the lack of company news, I have become frustrated and would like to find anything of a possitive nature. The letters from the CEO have lost any worth, for me at this time. ( Lack OF Producing the words spoken.) We are three weeks into the signed budget Sup. and not even a sliver. I know things work slow, but this has been in the pipeline back to Dec. or we have been led to believe. Keep a watch on the Emerg. Budget. Nothing hear happens on the timelines stated. in the next few weeks and months to come, How many times have we heard that?
I'm digging deep in any Navy contacts I have to try to find VirTra Systems.
Ndakota
I do know the Military can move slow.
I've been there, I was involed with dealing a beeper/cell phone contract with the Navy.(My Command) It is time consuming, but once it is decided it happens fast, and yes we had to look at several bids. This so-called big Deal was talked about in Dec.04, and if there is anything to it,IMO the RED TAPE work would have been hashed through, in DEC.04-MAY of 05. In the military you spend it or you loose it...
We sign a deal and watch what is happening today, this is not a warm and fuzzy feeling. Share-holders Value Please.
Ndakota
Mr. Kelley, your talk has cheepened.
IMO... It is time to let the contract''s to do some of the talking. Our CEO has not delivered anything of size. To date I feel we have been picking up all the scraps left by Fats and others, yes it's better then Nothing, but what does that mean. I thought the Mexico deal was our Big Break with multi-Unit sales. That seems to be turning into a joke.
I do not understand what is going on and I am not trying to fool myself anymore. Give us something REAL.. I've been hearing the same gibberish talk for three years. Produce, Produce,and it's time to Produce. You can Talk a good Game, and you have proven that. It's time to Prove your Talk.
Ndakota..
domen, I find your question, interesting. I cannot get excited about anything I read from the news letters. Look, even if I only go back to Dec.04. I was up on all the good that was coming, well i'm still waiting and so are most. like those asking, "What happened to the Mexico Deal" It seems to be one sided information. I run my own small buisness and I still run into bad news and I learn from it. You cannot Hide It. It's time to stand by your word. The Ifs, Ands, or Buts, have grown OLD like the words in those News letters.
Yes I feel there is a very good possibility for the dome in several areas, and I can Empithize with You. The air at this time needs a fan, do to the smell or smoke, and it needs to happen soon.
It's the Attention Factor.
I trained recruits for three years, and I was a Water Survival Instructor. Complacent is what causes most of the problems in the training. For me to become one of the Water Survival Instructors I went through a stressful program, some of it was painful, scary and I still believe I drank 1/3 of the pool. The biggest person could rap me up in the pool and I would not panic, because of the training I was put through, and I would gently place their hand on the pool side to secure their safety.
Our special Forces do not go through Day Camp to be the Best of the Best.
IMO The Theat Belt Will Save Lives... It will make all more aware of their surroundings, and assist in removing the Complacent Factor that comes over those that have been Zapped a few times. Most of those that do get stung will go back for more, we all like to win, if not, at-least let me get better.
Ndakota
Navy Times calls it Training aid of the week.
On page 6 of the Navy Times issue dated 25 April 05, they have an article and pictures on Virtra Systems. The new combat simulator being marketed primarily to Police and Military.
The last paragragh states. For the moment, the simulator is not available to the general public, but the idea of a game that shoots back -without being lethal- could be expected to go over big with certain demographics, including aging armchair warriors and hardcore teenage gamers. The military, which owns some of the simulators, has used them as marketing tools for recruits...minus the electric shocks.
A soldier or law enforcement officer- can be shot at by armed robbers, terrorists or enemy troops. if he is "hit," an electric shock would be delivered from the belt he wears.
It has the ability to deliver mild shock, vibrations and smell in order to provide more realism.
Ndakota.
Patient, is not the word for what has occured here. Overly Frustrated and let down by Management.
I hope everyone realizes the end of the Quarter, is the end of this Month. We have installed one Simulator that we have been informed of. What is this 1st Q of 05 going to do for us??? WOW what has happened to the story of VerTra. Nothing at all was done this Quarter. With such promise comming from the Conferance Call in Dec. Wow, nothing like a good punch in the gut. Good luck to all, and yes I'm still holding.
Ndakota