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Boohya
It's a complete surpise!!!!!!!!!!!!!!!!!!!!!!!!!
The question - Trick or Treat??????????????
Fool
I make more sense than you think you just need to share that unbiased view of life like me.
Take care
Weo
That was the quote from Bill's post - I should have put quotes around it - I can see you are grumpy again today...........
Mirox
Pump it up baby - 10% that's pretty much the spread in the bid and ask....lol At $.15 the % gains are pretty easy - hit $.20 even $.30 then get out the pom poms....
This should be very interesting to see what the terms are...
Greg
Today....the real test is when the terms of the sale are announced along with the company's financial statements
Bill
Why allow our management to head the new organization?
Because VTSI is the public company - it allows these 3 companies to become part of a public company
The PR
Please note the language in the PR:
VirTra Systems to Acquire Three High Technology Companies
ARLINGTON, Texas, Oct. 26 /PRNewswire-FirstCall/ -- VirTra Systems, Inc. (OTC Bulletin Board: VTSI) today announced that it has signed a letter of intent to acquire three private electronics companies, Altatron, Inc., Dynalyst, Inc., and Suntech, Inc.
Under the terms of the anticipated definitive agreement, VirTra Systems will acquire the three companies in a stock-for-stock or merger transaction. Terms of the transaction were not disclosed. The agreement will be subject to a number of conditions, chiefly VirTra Systems' due diligence review and approval by its shareholders.
Talk about out of the blue - the terms are everything - transaction to be done purely on stock. This gives the opportunity for these 3 private companies to become public and VTSI is the conduit. Amazing to me they announce all 3 companies in 1 PR and not separate.
Time will tell on this one...
Ceres
November 15th is when they are due per SEC rules - almost all prior quarters have been on the due date - good guess on Q3.
Ness Czech Among Top 10
http://biz.yahoo.com/prnews/051024/ukm008.html?.v=32
Ness Czech Ranked Among the Top 10 System Integrators in the Czech Republic
Monday October 24, 6:41 am ET
PRAGUE, Czech Republic, October 24 /PRNewswire-FirstCall/ -- Ness Technologies (NASDAQ: NSTC - News), a global provider of IT solutions and services, today announced that its subsidiary Ness Czech has been ranked as one of the Czech top 10 system integrators in 2005. This is the sixth time that Ness Czech has been included in the ranking on the prestigious TOP 10 list.
The annual contest, which is considered the most prestigious IT contest in the Czech Republic, identifies the top 10 players in the Czech IT market, maps the Czech system integration market, and enables the nominees to address experts as well as the general public with their views on system integration.
The contest is organized by leading Czech organizations including the Czech System Integration Society, the Czech Association of CIOs and leading companies.
"To be named as one of the Czech Republic's top system integrators for the sixth time is further recognition of Ness' achievements, hard work and dedication of its talented employees," said Milan Sames, Managing Director of Ness Czech. "It is recognition of the quality of our work, based on the many years of experience in system integration and serves as an incentive to continue delivering leading-edge services to our clients."
The jury members included 190 leading IT professionals, and their judgement was based on several criteria. The most critical criteria were professionalism of services, customer satisfaction, and innovativeness of services. In addition, each candidate submitted two sample projects to the contest. Ness Czech submitted IT outsourcing and system integration projects at VITKOVICE, a major Czech metallurgical and machine engineering company, and at the Czech subsidiary of the Austrian Bank Waldviertler Sparkasse von 1842. The judgement was based on information from the entrants as well as the respective clients.
In addition to Ness, the TOP 10 2005 list also included LogicaCMG, Hewlett-Packard, Siemens Business Services, AutoCont CZ, DELTAX Systems, E.ON IS Czech Republic, ICZ, IDS Scheer CR and PVT.
About Ness Technologies
Ness Technologies (NASDAQ: NSTC - News) is a global provider of end-to-end IT services and solutions designed to help clients improve competitiveness and efficiency. Specializing in outsourcing and offshore, systems integration and application development, software and consulting, and quality assurance and training, Ness serves a blue-chip client base of over 500 public- and private-sector customers. With over 5,600 employees, Ness maintains operations in 15 countries across North America, Europe and Asia Pacific, and more than 100 alliances and partnerships around the world.
Ceres
.03 (the difference from $.15) by $.12 - fits your point of 25%
No big deal - big percentage moves when the stock is this low -
that's why you ByloCellhi...............
Ceres
Looks like "funny math" to me.... but if you bought at $.12 and sold at $.15 then you made 25% on your money - so good for you!!!!!!
Numbers are our friends - nice quick hit
Ceres
Where's your math? Did you make 25%?
The stock was $.12 on Monday and $.14 now - that's 17% and that doesn't even include the spread with the bid and ask which basically cuts it in half...
The stock is still down 65% from $.40 earlier this year - I would wait until it hits $.20 before you beat the drum - lol
Weo
Mine too!!!!!!!!!!!!!!
You take care
Greg
OK BIG BROTHER FROM THE KREMLIN
Greg
Why because you are exposed and doesn't fit your agenda?
Cyber
Where you been man?
We need a prediction - like in June
http://www.investorshub.com/boards/read_msg.asp?message_id=6548988
"I predict that VTSI will be in the upper 20's or higher between the 13th and 17th of June 2005"
To the moon alice!!!!!!!
David
"On a different note, how does Bloomberg's members get this information before the public does? Are the rich ($10k/mo) privy to information that we poor are not? Nothing is new in America."
If it is true on the Bloomberg and the PR hits the wire on Tuesday then it's insider info. The little guy gets screwed as usual..
Good luck
Ceres/All
You said: "Bloomberg terminals are proprietary. have to pay $10,000/mo. subscription fee PER Bloomberg terminal. I was at a friends office this weekend who is a trader -- went on a terminal and snooped around to find mentions of that SANM deal."
Posting information you saw on a Bloomberg proprietary on the internet???? Isn't that illegal?
KS/Greg
WDAM - looks like a new issue on the OTCBB for the last 4 days with only 10M shares outstanding. How it relates to VTSI? None
Greg
Sorry - left a word out
Time to trot all the links of information that don't mean shat I see.
You be well!
Greg
No drinks yet - how can you not care about the past? It determines the future!!!!
You take care
Greg
You continue to keep you head in the sand - I guess Kelly can do no wrong in your eyes!!!! L Kelly keep issuing shares to yourself - the shareholders do not care how much dilution there is....lol
I thought shares should be issued based on performance????
David
Sink the retirement fund in this company? Sink is the right word - ouch.
Greg
Time trot all the links of information that don't mean shat I see
BOD
Bob Ferris
L. Kelly Jones
L. Andrew Wells
Enough said....thanks
Barnabus
I understand you meant the BOD - Board of Directors to oust L Kelly as CEO - kind of hard when he is the Chairman and the appointed directors are his friends as well. Who are the directors? Directors in large companies are independent but in extremely small companies like this not the case IMO.
The board I referred was "this board" which has repeatedly praised and commended L Kelly for his communicative abilities. The problem is his words have rarely come true. And he has gone underground based on lack of execution IMHO
Barnabus/All
You mean L Kelly Jones the most communicative CEO in america? The boards words not mine. he sure has been quiet since the June conference call.....
L Kelly whassup? I guess VTSI chose not to bid on this one either? Keeps up the record of never losing a deal!
Paul
Now that's what I call value! Great post!!!!! Alot of words for what Cramer says - "It's not where a stock has been but where it is going"
You be well and take care
David
No posts but stock is dropping - hope you took some off the table when it spiked to $.15 a few weeks ago. No volume - no buying normally does not bode well...
Good luck
Paul
Read your posts? Yeah I guess I read them. I couldn't read your spreadsheet you posted on this board you expected us to use as a working document.
My posts are my opinions. I never knew you but you have a great life too.
Sounds like the natives are getting restless with the CEO with his lawyer speak.
So you don't think you need to bid on business in order to get it awarded to you? That's in Business 101 but if you can't comply then you can't bid.
Bid Bid Bid
Agree you never win any business unless you bid on it - I guess they are not compliant and cannot bid on too many...
All
Hey this is great the FATS shareholders should read this board too to get updates on the FATS awards from VTSI mgmt - lol
Kelly's Reply
"After carefully reviewing our focus on larger, more sophisticated, multi-screen systems, and especially in light of the required support issues, we decided it would be a mistake, even if we were successful in obtaining the award, to take the onerous financial risk of deploying our resources into such far-reaching geographical areas. While, under the right circumstances, we certainly would have enjoyed receiving the award, at this stage of our company's development we have to carefully choose what we believe are the right opportunities. At this time we continue to believe it was the right decision not to participate. Again, it is in the eyes of the beholder whether we "lost out." It was a project that we were at one time interested in, and thus some could claim we "lost out" on a new simulator award. However, we did not "lose out" on a head-to-head project that we bid upon."
Wow - I guess with such a limited product set they sure have a very specific criteria on what they will bid on. I guess you can never lose an award if you don't bid very many.
Barnabus
You said: "I'm not sure I like the 15 system mexico deal announcements, the company changing future deal announcements and then the vague delays, etc..I like Kellys optimistic frequent posts if it moves the pps, but when does it cross the line into being misleading?"
L Kelly is a lawyer - he covers his behind with his disclaimer statement that goes like this - these are my personal comments and refers you to the SEC filings. He walks a fine line and he has used all the excuses in the book to date and it's now show me time from an investment community standpoint.
A little light reading
A little light "reading" for the executive washroom - lol
"...and from the "gee, I never would have known" department, a shareholder yesterday contacted me and advised that there's a blurb on VirTra Systems' IVR 4G simulator on page 56 of the current edition of Penthouse magazine. It mentions that VirTra Systems has "created a combat simulator that allows players to be 'shot' with an electrical current that has the strength of a stun gun." Gee, I guess the word is spreading to areas I never dreamed possible."
Think of the possibilities - A 2006 VTSI monthly calender - I like Ms July - what a spread!
L Kelly advertising $$$'s well spent
Good Call?
http://www.investorshub.com/boards/read_msg.asp?message_id=7902409
David
I think it will continue to move up tommorrow as many do not know of the news yet and there will be some momentum players and the promotion companies should grab the news and you'll get some daytraders...
No crystal ball here - high teens? If the company can followup with more news...
If the Army likes what they see there is the chance for add on business...
Time will tell
All
I do not think Kelly is writing the Press Releases anymore - the last few are much better and well written.
Revenue is always a good thing
Dubi
With all due respect the markets are VERY efficient and news and events are built into the price of a security.
You said: "I could have benefited from the situation, as a Hebrew speaker I could have an edge"
The events that were published in Hebrew were local and IMO did not change the overall EPS and guidance for the company from a big picture standpoint. I continue to agree with you they do not fully comprehend the majority of their stock ownership is held by english speaking public and they should communciate effectively in English with all events.
The company's promotion, marketing and promotion is an area for improvement.
Bottom line with volume over 800K shares yesterday I am bullish on the prospects. I will address my concerns with the company as well. I hope they monitor the message boards to get feedback on shareholder sentiment.
Best of luck
Bylo
Dubi
Great point which I agree with. When you communicate in Hebrew only vs issing a PR in english also you very much limit your exposoure and awareness. The company may say this was local news only and not large enough to warrant a press release. Another example is the quarterly conference call where the company could use a more well spoken spokesperson IMHO. Bottom line they have a very good story to tell and they could do a better job getting the word out.
Be well
Bylo
Heel
I have must better quotes than those...
The last trade on the stock was $.135 - how you doin?