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Another thing: Can anyone confirm that the position of "Director of Simulation" in Orlando has actually been filled?
Both IVAS and SVT army squads are based in Orlando....
John Given's huge compensation package is IMO a sign of good things to come. Bob will not issue this amount of shares lightly.
Is Virtra now a confirmed (sub)-contractor for the SVT program and Givens is/was instrumental in getting the contract?
https://imlive.s3.amazonaws.com/Federal%20Government/ID167219975115808828441685475525425741222/Soldier%20Virtual%20Trainer%20Instrumented%20Weapons%20RFI%202021%2009%20%2022.pdf
IMO the dark days will soon be over.....
The Orlando job has disappeared from the list. Position filled?
Thanks for sharing and big thanks to SharpChiCity to be involved in the writing of this article. Sums it up nicely.
Thursday, February 20, 2020 from 4:45 PM to 7:30 PM
vs
February 17, 4.45pm - 8pm
Should be 2022, their website page mentions "copyright 2022" at the bottom
Maybe not relevant all this, it just happens to be at Orlando.....
we will find out sooner or later, when Bob follows up on their Orlando office...
Good find. Definitely the same repeat event, but this year
at the "National Center for Simulation".
Will the new Virtra office be based there?
https://www.simulationinformation.com/events/women-in-defense-wid-annual-tech-event-at-virtra/
National Center for Simulation
Orlando (!!)
Maxim Group persists in a stubborn $12 target... oh well
Merger or acquisition? Was this the intention behind the November 17 S3 filing?
"We may offer and sell up to $50,000,000 in the aggregate of the securities identified above from time to time in one or more offerings."
"Unless otherwise indicated in a prospectus supplement, the net proceeds from the sale of the securities will be used for general corporate purposes, including, but not limited to working capital, acquisitions, and other business opportunities."
I am no expert, but there must be a reason for all this, including the new trade marks?
TEMPE, Ariz., Jan. 11, 2022 (GLOBE NEWSWIRE) -- VirTra, Inc. (NASDAQ: VTSI), a global provider of judgmental use of force training simulators, and firearms training simulators for the law enforcement and military markets, announced a teaming agreement with Action Target Inc. in which the two companies will work together to provide the industry with best-in-class solutions for both simulation training systems and live-fire shooting ranges.
This agreement will allow both companies to use their combined expertise to provide an all-inclusive turnkey solution. The combination of VirTra’s simulation training and curriculum, and Action Target Inc.’s well known high-quality indoor/outdoor live shooting ranges should benefit customers worldwide. Future projects will be implemented and managed by both parties along with co-branding to effectively execute the teaming agreement.
“Action Target Inc. is a valuable teaming partner who also enjoys an excellent reputation in the market,” said VirTra CEO and Chairman Bob Ferris. “We believe that clients needing live fire and virtual training will especially benefit from the close collaboration that this teaming agreement represents.”
Both VirTra and Action Target will continue to market and sell the standard products and services individually. The companies see this teaming agreement as a mutually beneficial cross-selling opportunity for both companies' sales teams.
“Action Target is always looking for ways to continue our mission in order to provide customers with a turnkey solution,” said Action Target CEO Mike Birch. “We believe in working with companies, like VirTra, Inc., that not only share core values but has the professional experience in the industry to provide world-class equipment and state-of-the-art technology necessary to meet the demand of our customers.”
Thank you Sharp!! wow
Forgot to expand the link. Thanks!
While we wait for news....
https://www.wkrb13.com/2022/01/08/virtra-inc-nasdaqvtsi-short-interest-up-31-5-in-december.html
Some more articles since :
https://www.auguryresearch.com/vtsi-1
The September 2 article is IMO quite bullish...also mentioning the SiVT program.
https://www.auguryresearch.com/vtsi-1/de0grr3g84ez5e5xhjk8avyf1579nu
https://uspto.report/TM/97199708
THE HIGHER STANDARD IN TRAINING™ trademark registration is intended to cover the categories of training services in the field of cognitive and psycho-motor skills including de-escalation, judgmental use of force, and situational awareness.
The Capitol Police sim purchase seems to be multi-unit, based on these comments:
https://www.bakersfield.com/ap/news/staffing-shortages-top-of-mind-for-capitol-police-chief/article_bf1f75be-4989-5a40-baca-a5d54d50eef9.html
Manger said the Capitol Police bought VirTra police training simulators that will be placed at police headquarters, the Capitol and other areas so officers can participate in training without having to devote a full day and instead can train for a half-hour on matters such as de-escalation or use of force training.
Thank you sharpchicity for your more in depth DD !!!
https://finance.yahoo.com/news/virtra-sets-third-quarter-2021-120000608.html
TEMPE, Ariz., Nov. 04, 2021 (GLOBE NEWSWIRE) -- VirTra, Inc. (NASDAQ: VTSI) a global provider of training simulators for the law enforcement, military, educational and commercial markets will hold a conference call on Monday, November 15, 2021 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the third quarter ended September 30, 2021. Financial results will be issued in a press release prior to the call.
VirTra management will host the presentation, followed by a question-and-answer period.
Date: Monday, November 15, 2021
Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time)
U.S. dial-in: 1-877-545-0523
International dial-in: 1-973-528-0016
A live audio webcast of the conference call will be available in listen-only mode simultaneously and available for replay here and via the investor relations section of the company’s website.
Please call the conference telephone number five minutes prior to the start time. An operator will
register your name and organization.
A replay of the call will be available on the same day through Monday, November 29, 2021.
U.S. replay dial-in: 1-877-481-4010
International replay dial-in: 1-919-882-2331
Replay ID: 43589
Thank you Teeroy
Looks like you guys nailed it.
GMP had a V-300 demo at their HQ in Massy, France, between 4/29 and 5/06, exclusively for law enforcement individuals. Let's hope this triggered the sale.
If confirmed, this will be the first of many more, for sure.
Great find.
It's my understanding that the video is made by "Groupe Mondial Protection", that will act as their sales agent in France, and that GMP has landed a deal with the French (government, army, police..??)
Funny to note that the guy in the video completely destroys the "archaic" system they actually work with.
Not a small player with 17 or 18 training centers in France.
Still no direct link to confirm the sim order is from France though.
Hopefully GMP will update their website in the near future with the Virtra systems....
Not yet, not yet! Promised my son a *****dinner when VTSI hits $10 at the end of a trading day..........
(Meaning the resistance is broken)
Thanks!
Thanks for sharing! Is the replay still on somewhere?
Everybody sold @8 and left the board? Lol
Bob's interview now public:
If a 800k follow-up contract warrants a PR, I guess the same goes for a 24.5m contract? By the way thanks Gunther for the find!!
Anybody to listen to Bob's interview on storytrading.com 6pm tonight? I guess nothing new will emerge....