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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....
I would think it would at the very least put us firmly on their radar!
Nice! By getting shareholders organized/connected with deep pocket activist investors and resources for change could help put pressure on the board and management. Then maybe we can prevent and/or make BOD and executives accountable for avoidable situations like the one we are in now.
Well.... We just dumped our accounting firm
Bob did refer to him as "A force of nature"
Here's to hoping he can do the same for Virtra as he did with his other company!
Now that would be very interesting!!!
Sounds like Givens has a TON of connections in all the right places! Aaaaannnndddd he knows how to sell a business as well.... This should get quite interesting
Nice prognostication B!
Lol! Not surprised Fish, that certainly is a big industry
Fish.... Always so dramatic.... I hope you are right with the price, I would love to average down that far!
Lol! I predicted last week, that the release would be today at 4:03 EST.... Am I an idiot savant or just the former??? : )
I think fish is complaining that we still haven't gotten the audited earnings release
Next Thursday @ 4:03 Eastern Standard time
Anybody know what to make of the form 4? That's A LOT of shares??? Thoughts?
LOL! No doubt about it... Hopefully we see more action here soon
I'm joking fish, I should have put a smiley... hopefully we get a good earnings soon
C'mon Fish, infinite? Did they raise the auth share amount infinitely???
I haven't talked in a couple months but same, trying to work out details
I talk to him every so often
I know for a fact he is not drawing any salary, and hasn't been for quite some time
Cool stuff Ardly!!! Yup, a little boring around here lately!
Thats a pretty large amount of sims and kits! and like you mention with the ad ons, that can really add up, now we just got to find out margins and or pricing
Good stuff Ardly and chi! Looks like a definite wait and see, unless someone gets an audience with Bob and can ask indirectly if the Canada opportunities are going to effect margins... I was also thinking about the currency exchange rate as well, which fluctuates, it is currently at about .80
Overall, this could be very lucrative, and its always good to get the first one out of the way, plus it will be a good testing ground for all the other entities in Canada that are considering Virtra
That certainly is a possibility chi. Do you know if the proposal that we were awarde had an associated item by item pricelist? If the prices weren't set, then possibly they took lower margins on this first purchase to get the ball rolling?
I'm sure there is a reason for it, I don't necessarily think they are "hiding" anything... I'm not sure if the proposal had specific pricing in it, i would have to look back and check
With the IVAS delay, I totally agree with the significance of this first order, It really is a big deal! I don't mind though, give me more time to pick up more shares prior to the numbers hitting the books. The market always catches up at some point!
That sounds pretty good to me! Fish, it also looks like someone might have gotten the news a little early at the end of the day, yesterday.
Excellent news out this morning! First of many from Canada!
I'm sure the super sleuths will come up with an approximate dollar amount for this order.
You might get it today!
Not sure if this was posted yet, good article tho
https://taskandpurpose.com/news/army-ivas-fielding-2022/
Thanks all you guys! Love reading the stuff you all dig up. This is by far the best board I have been on
You said $10 Was an absolute gift as well!
Well... at least that's one positive out of today's announcement!
I agree, this is open to interpretation, though they did provide estimates of units etc... Though when I see quotes from Virtra like this
"The award is part of a countrywide effort to enhance and standardize training from the Royal Canadian Mounted Police down to each individual agency."
I am very confident this will pay off nicely, when you see words like "standardize" and "Royal Canadian Mounted Police down" that tells you all you have to know, if they don't go with Virtra locals will have to explain why. The whole point of standardizing is so you can share resources.
When gov't entities put out an RFP they are based on allocated funding