Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Yes! Sounded like he actually had a personality and drive! I hope you right on the numbers, that would be great
Sorry about that, Givens was on, I was going by what the announcement said, they must have copy and paste from a previous announcement.... more growing pains
Looks like our co CEO that is getting all those shares isn't going to be on the call. Is that telling???
The release said they will be fully up to date by August 19th
Who is going to be on the call today? can you attempt to ask a question???
I am going to be on and in the Q, if several of us do this we will be able to confirm that they will or will not take our questions, which lends itself to character of the two CEO's....There are certainly plenty of questions to ask :)
Big day after market today! Hopefully we get a COMPLETE explanation of what happened and a SPECIFIC schedule of when the reporting will be up to date.
By "complete" I dont mean sorry to our valued shareholders... lets move on.... I want to know why such trouble with accounting firms and why NOTHING was done proactively to avoid this mess! There was damage done to the VALUED SHAREHOLDERS of this company due to not filing and lack of transparency!
If the numbers aren't very good, shareholders will suffer again.
Being a public company is ALL about accountability and performance!!! otherwise heads MUST roll!
I plan on being on the call and Q'ing in on the questions. Who else can do the same? We need to be able to have a united front.
Thanks, D
Would it behoove us as "Valued Shareholders" To come up with a list of Q's to be addressed on the CC and pass it on to IR? I remember in the past, they claim they discuss all calls with the top dogs....
A couple that come to mind immediately are what the schedules will be for submission of Q4 2021, and 1 and 2 of 2022...
What happened with the previous Accounting firm??? They were dismissed well after the filing deadline yet it was stated that there was no problem with the accounting firm... how could management allow this to happen and not see it coming???
What kind of handle does the current accounting firm have on the system?
Will all reporting be done in a timely fashion?
Why can't unaudited top line numbers be released in the interim? (and don't say legal issues, because they can be put out with the unaudited disclaimer)?
Woohoo! Better late than never
Well Alright!!!!!
11:00 Am and we have 54 shares traded
Its kind of hard for potential new investors and current VALUED SHAREHOLDERS to invest when it they don't have anything to base their DD on.... No financials since 11/2021 Amazing! In a bad way...
If they try that, it 's gonna be lawsuit city and they WILL lose the company, they have a fiduciary responsibility to the shareholders and they are currently failing badly....
Good to hear on the contract! But....
How difficult would it have been to add another paragraph stating
"In other news at Virtra, we fully anticipate meeting the Nasdaq reporting extension timeline"
This isn't giving this "Valued Shareholder" much confidence that they plan on meeting the Nasdaq filing extension....
Thanks Ardly! Hopefully we can capitalize on the money that is flowing into training
Wow, if that happens heads HAVE to roll when company elections come around
It is pretty amazing that a Nasdaq listed company hasn't given a business update to "VALUED SHAREHOLDERS" in over three months..... I don't know about anyone else, but I don't feel VALUED at all!!!!
There are plenty of ways to keep shareholders updated WITHOUT breaking any Nasdaq or SEC rules!
Ferris and co. better hope the K and the Q's have no klunkers or it is going to be lawsuit city! No updates and then bad numbers??? They would have A LOT of explaining to do to show this wasn't deliberate and or gross mismanagement.
Thanks Ardly! Good stuff as always! Way more than I get from investor relations!
Valued Shareholders
Thanks Sharp, you been hearing anything worthwhile from Virtra?
I don't know enough to confirm that, but unless we are a subcontractor that doesn't look too promising???
To all the sleuths out there, is there any way to determine who got svt without virtra announcing it? ie. does the award get published somewhere??? TIA
Market cap is now below 50 mil.... right back where we were a year ago.... Accounting debacle and no one is being held Accountable....
Valued Shareholders!
Well the truth is, we have no idea what he has done, because we have no idea what the company has done since September of 2021!
Valued Shareholders!
Maybe they can put out a sign in front of the office that says "Free Simulators tomorrow!" In my younger more naive days that same themed sign got me to go to this bar for two weeks straight before I determined something was amiss!
Wow... mid August, maybe we will get all three in the same week, as Q2 will be due then as well... any bets on whether we get any substantive news or any revenue sales numbers or updates before then???? So much for VALUED shareholders...
Works at all the popular pubs, and has been for decades.... : )
I did nothing but state facts, I guess when you get old you get bitter and stop accepting other peoples views.... Good luck and cheer up, life isn't worth living if you're not enjoying it...
A "good Investment" is determined by timing, some people have done very well with VTSI..... At today's low pps they are a 56 million dollar company and have recently been over 100 million.... "The Feds are out of money" keep believing that, folks were saying that when the national debt was one billion.... they are NEVER out of money
I totally understand where you are coming from, and if they are holding back and one of those Q reports turns out to be a crappy quarter they are going to be in trouble with the lawyers... IR told me they pass on all comments to the company... I suggested they at least put out a monthly aggregate of new orders that came in, no identifiers of who they are, just dollar amount aggregates.... still waiting on that one....
Uhhhh, they just went public comparatively recently... who has the money to buy out shareholders? The lawsuits would be too numerous to count, pushing the pps down by incompetence spells liability, plus shareholders would have to approve.... bottom line, ain't going to happen
If they are "significant" to the low side, and the numbers are delayed this long, there will most certainly be more than a few lawsuits coming their way
Good find gbb!
"Pankonin said he thought the simulator is a great tool for law enforcement to have, and Norwood said it was "well-worth the money spent."
"I didn't know what to expect, but once we got in there, it was amazing," Norwood said. "There was more to it than what I thought. I didn't know you'd have that real life feeling, when your body began to react to it. ... I learned a few things from just being in there."
Or..... Maybe we need a third CEO to focus on just the financials
Please JL, that would be great!
Wow! Nothing she could say about how long it would take to release?
Fish, what leads you to believe that the audits have been completed? Thanks
Gotcha, thanks much for the explanation!
Hey emre, what does that mean with the 700 contracts expiring? I don't know much about that stuff, how do you think it will effect the pps? Thanks, D
That would definitely do wonders for brand awareness!
Hey Fish, would you say the sales people spend a lot of time out demoing the systems or is that something that is restricted pretty much to trade shows? TIA
Sharp, I agree, and quite honestly I do not know how their sales team works. I know they do a lot of trade shows and then the subsequent follow up, but aside from that I'm not sure. Hopefully if Givens is the "force of nature" that Bob proclaimed and has the military contacts that it seems he has, then hopefully he will be leading the federal side of sales and procurement. It would be nice to know how they generate leads and procure sales on the local and state side, I have heard a couple good suggestions on this board. But I do agree that there is way to much "sales team sucks" and "if I was there I would be selling an endless amount of product".... I've mentioned before that I have been a govt worker for a long time and procurement takes extraordinarily long and is not taking someone out to lunch and have a deal before happy hour.... How do you get in touch with management? I have never had any luck with this company (not that it bothers me tooooooo much as I think some CEO's spend half their day talking to shareholders)
Don't knock it! Just yesterday a guy came to the door and I bought a Kirby vacuum cleaner AND a use of force simulator for the entertainment room! : )
How does this work? are they connecting shareholders to get voting power? I got a chunk of shares and have been VERY disappointed with how this avoidable accounting crap has totally stalled the company for investors and analysts....