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No, that wasn’t me that shared any video.
What do you mean by “election information“?
Haha, I’m here. Enjoying the run up today. But wondering why. Can’t be just the news the other day of the 3.5 million contract.
Yes, I continue to be a large VirTra shareholder.
Open a Charles Schwab account. No trading fees at all.
A little lighter on the revenue second quarter than I had hoped. But it would appear that third-quarter is going to be significant, as well as the entire second half of the year.
Yikes, anyone know what is going on with share price??
Yes, great things coming!
Kraken jumped 20% Friday on Canadian market on this news. Kraken should jump nicely on Monday on U.S. market.
ST. JOHN’S, Newfoundland, July 03, 2020 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company, is very pleased to announce that its wholly owned subsidiary, Kraken Robotic Systems Inc., has received notification that the complaint process regarding the Royal Danish Navy’s mine hunting upgrade program has been finalized. The Board of Complaints which oversaw the complaint process has ruled in favor of the Royal Danish Navy’s position on all points. The decision is publicly available at https://klfu.naevneneshus.dk/media/documents/Klein_Marine_Systems_Inc._mod_Forsvarsministeriets_Materiel-_og_Indkøbsstyrelse.pdf.
Kraken originally announced in October 2019, that it was chosen as the successful bidder on a program for the acquisition of new sonar systems for an unnamed international navy. The delay since then was the result of the complaint process initiated by a losing bidder combined with a slowing of government activity during the COVID period in Europe.
This was a competitive bid process for upgrades of the Royal Danish Navy’s mine-hunting sonar equipment. As outlined in the decision, Kraken was one of four companies (including Northrop Grumman International Trading Inc., Thales DMS France, and Klein Marine Systems Inc.) whose offers were received and evaluated. Under the program, Kraken will deliver the KATFISH™ towed synthetic aperture sonar, the Tentacle® winch and Autonomous Launch and Recovery System (ALARS) to the Royal Danish Navy. The total contract value is expected to be between C$35-$40 million, with the majority of that received over a 2 year equipment acquisition phase. Kraken expects product margins on this contract to be in line with its historical averages. We expect to finalize matters with the Royal Danish Navy during Q3,2020
Yes, thanks. I did know that either
Yes, that’s what I’m expecting and hoping for!
What’s Up? Anyone have any idea why the volume and price jump today?
You are exactly right, Steve. They could have easily put some numbers on the backlog. Very frustrating.
Proto,
I’m not really a technical investor type, but I was referred to this company by a good friend who I consider a very sharp investor and technology savvy. Once I understood all the different facets of S7 (as you have just explained), and especially the DC market opportunity, It was very attractive to me. So, I jumped in, and have added substantially when the price dropped.
Proto: I have 2.4
A week or two ago, Sean Peasgood told me he no longer represents Spectra7.
Anyone know who now does?
Steve,
Could you email me at OnlineAtty@gmail.com ? I’d like to connect with you offline. Thanks.
Yes, I completely agree. Twister call and keep it up. Your observations, analysis and logic are spot on.
I’ll ditto that. Get better soon, Fish. Happy New Year.
Where are you seeing that information?
My father-in-law was awarded the DFC. He flew 29 missions over Japan. He passed away three years ago. No question that was the greatest generation.
That would be nice! Do you base that opinion on any actual objective facts or evidence?
Care to explain?
So, Fish, my family owns 4.5%.
Thanks!
How many outstanding shares are there?
San Francisco PD lowers use of force by almost 50%
https://sanfrancisco.cbslocal.com/2019/11/09/sfpd-use-force-drops-three-year-span/
Would be nice if this story would get some traction. Would’ve been nice also if the article had mentioned VirTra.
I’m still here. Haven’t sold. I just don’t post much.
River & Mercantile Asset Management LLP Invests $174,000 in VirTra Systems Inc. (NASDAQ:VTSI)
Posted by Terry King on Oct 13th, 2019
VirTra Systems logoRiver & Mercantile Asset Management LLP acquired a new position in shares of VirTra Systems Inc. (NASDAQ:VTSI) in the second quarter, HoldingsChannel.com reports. The firm acquired 74,851 shares of the company’s stock, valued at approximately $174,000.
Shares of VTSI stock opened at $2.69 on Friday. The company has a quick ratio of 1.48, a current ratio of 2.01 and a debt-to-equity ratio of 0.14. The firm’s 50-day moving average is $2.74 and its 200-day moving average is $2.50. VirTra Systems Inc. has a 52-week low of $2.00 and a 52-week high of $5.04.
VirTra Systems (NASDAQ:VTSI) last issued its earnings results on Tuesday, August 13th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.05) by ($0.03). The firm had revenue of $3.05 million during the quarter, compared to the consensus estimate of $3.65 million. VirTra Systems had a negative net margin of 15.97% and a negative return on equity of 18.35%. Sell-side analysts forecast that VirTra Systems Inc. will post -0.11 earnings per share for the current fiscal year.
A number of research firms have recently commented on VTSI. Lake Street Capital reduced their price objective on shares of VirTra Systems from $6.00 to $5.00 and set a “buy” rating for the company in a research note on Wednesday, August 14th. Zacks Investment Research cut shares of VirTra Systems from a “hold” rating to a “sell” rating in a report on Saturday, August 17th. TheStreet cut shares of VirTra Systems from a “c” rating to a “d” rating in a report on Thursday, September 5th. Finally, Maxim Group reaffirmed a “buy” rating and issued a $5.00 target price on shares of VirTra Systems in a report on Thursday, August 15th. One analyst has rated the stock with a sell rating and three have issued a buy rating to the company’s stock. VirTra Systems presently has an average rating of “Buy” and an average target price of $5.33.
Great find, Twister. Very enlightening and encouraging article. Another verification that great market penetration is being executed and a solid foundation is being soundly established.
Tech News Observer:
An institutional investor recently bought a new position in VirTra Systems stock. River & Mercantile Asset Management LLP bought a new stake in VirTra Systems Inc. (NASDAQ:VTSI) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 74,851 shares of the company’s stock, valued at approximately $174,000. River & Mercantile Asset Management LLP owned 0.97% of VirTra Systems at the end of the most recent quarter. Institutional investors own 3.52% of the company’s stock.
I agree. The 2Q numbers were lackluster, but the forward guidance was terrific. I bought a solid amount of additional shares yesterday.
But that’s not dilution.
Where are you seeing that?
Canada’s Ocean Supercluster Commits Funding to Kraken’s $20M OceanVision™ Project
https://www.globenewswire.com/news-release/2019/06/28/1876101/0/en/Canada-s-Ocean-Supercluster-Commits-Funding-to-Kraken-s-20M-OceanVision-Project.html
Not sure there’s any connection. Sophic just put out the PR.