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Great find eschrine! Thank you
OT I see you're in good hands. And indeed food galore in Singapore. Enjoy!
OT Fish
Lived and worked in Singapore for 14 years.
Safe and clean, not too many tourist attractions though....
Thursday 29 March is the last trading day before the Easter weekend
(Good Friday on March 30), so not an ordinary Thursday....
A tiny little snippet of DD
This year's stock pick contest in the Cincinnati Courier, with 29 contestants:
https://www.bizjournals.com/cincinnati/news/2018/02/12/these-are-the-most-popular-stock-picks-in-the.html
One of the participants is a portfolio manager and business analyst with WCM Invest ( His name withheld here, but easy to find)
http://www.wcminvest.com/our-firm
Virtra is among his 5 stock picks for 2018 (together with e.g. Macy's)
My point is that Virtra IS already on the radar of some investments firms that will hopefully come on board once we have the uplift saga behind us.
So it's Cameroon. Good find Teeroy!
https://finance.yahoo.com/news/virtra-report-third-quarter-2017-120000307.html
(Isn't this 1 day earlier than required?)
TEMPE, Ariz., Nov. 01, 2017 (GLOBE NEWSWIRE) -- VirTra, Inc. (VTSI), (the “Company”), a global provider of training simulators for the law enforcement, military, educational and commercial markets, announced today that it will release its financial results for the third quarter ended September 30, 2017 before the market opens on Tuesday, November 14, 2017. The Company will host a third quarter 2017 results and business update investor conference call on Tuesday, November 14, 2017 at 12 p.m. ET / 10 a.m. local time.
Conference Call Details:
Date: Tuesday, November 14, 2017
Time: 12 p.m. ET / 10 a.m. local
Dial-in Number: (888) 567-1602
International Dial-in Number: (404) 267-0373
Webcast: http://www.investorcalendar.com/event/22279
Participants are recommended to dial-in approximately 10 minutes prior to the start of the event. A replay of the call will be available approximately two hours after completion through November 28, 2017. To listen to the replay, dial (877) 481-4010 (domestic) or (919) 882-2331 (international) and use replay ID 22279. The webcast replay will be available through December 14, 2017.
OT:
quote: "Fish I'm sure you and TeeRoy, Joe and Ardly are all handsome dudes. but we'll never know."
Best OT post in years, Bill. LOL . But maybe we will know one day. Party @ 5$ ??
Application for Nasdaq this Monday, Oct 9 !!!! wow
Huge news! quote:
The V-300 judgmental use of force simulators will now be located at 35 major international airports, ports of entry and training facilities across the country.
Interesting Australian University newsletter.
http://news.csu.edu.au/latest-news/health/international-recognition-for-csu-academic-assessing-reality-in-a-virtual-world
Dr Davies is the first Australian to be invited onto the Committee (IITSEC, Nov 27) in its 50 year history, and is the only committee member from the Asia-Pacific region.
As part of her PhD, Dr Davies investigated the use of simulation based learning for developing decision making skills for police officers.
Note that Virtra is the only company mentioned.....
"Simulations, such as those produced by Virtra, are particularly important when it is not practicable to carry out a training activity in real life. Learning to fly a commercial airline or to fire a gun under pressure are examples of simulations that can be effectively used to educate professional trainees."
Same here guys, committed since many years, although I am only small fish with my 1.3%
gb
With my 1.4% + , I now consider making the trip from Europe to Tempe. (if my laptop is allowed on board LOL).
The topic of a capital raise should have been elaborated during the webcast, and not left to speculation, chasing investors away.
Thanks TEEROY!!
The webcast is in 10 minutes? Still no link on their website?
Very good quarter
Total revenue of $5.3 million
Gross profit of $3.8 million
Gross profit margin of 71%
Net income of $1.6 million, or $0.10 per basic and diluted share
Adjusted EBITDA of $1.8 million
However they only repurchased 6,900 shares, peanuts
On October 25, 2016, the Company’s Board of Directors authorized the repurchase of up to $1,000,000 of its common stock through December 31, 2017. Purchases made pursuant to this authorization will be made in the open market, in privately negotiated transactions or pursuant to any trading plan that may be adopted in accordance with Rule 10b-18 of the Securities and Exchange Commission. The timing, manner, price and amount of any repurchases will be determined by the Company at its discretion and will be subject to economic and market conditions, stock price, applicable legal requirements and other factors. During the six months ended June 30, 2017, the Company repurchased 6,900 shares at a cost of $13,800. The Company plans to retire any shares purchased through this program before the end of the current year.
This is the third delivery to OZ, after the NSW police and the boarder force. They must be happy with it down under.
Again excellent news!
In the meantime sales are continuing....
http://www.oakland.michiganliveevents.com/2017/07/public-services-committee-meeting-july-11-2017-1100-a-m/
(Item 8)
6 simulators delivered to Costa Rica, price tag 789m !!
Official ceremony with the US ambassador and Virtra reps.
http://www.diarioextra.com/Noticia/detalle/337199/gringos-donan-poligonos-virtuales-a-seguridad
www.virtra.com/tradeinoffer
Hopefully some single screen users will take up the offer...
http://2012site.virtra.com/pages/our-team/
What is this?
US-based VirTra, suppliers of small-arms training (SAT) simulators, has announced that it has received a follow-on contract award from an undisclosed international customer in the Middle East for approximately $0.6 million.
https://www.shephardmedia.com/news/training-simulation/itec-2017-success-virtra-v-300/
The company said that including this award, that it, 'is on track for a record number of orders for a first quarter, which is normally a seasonally slow quarter for the industry. As of today's date, the total amount of signed contracts received during the first quarter of 2017 is approximately $4.9 million. Included in the $4.9 million, is the $2.1 million contract from the Arizona Department of Public Safety that was previously announced on December 19, 2016, but was not fully executed by the customer until 2017.'
Bob Ferris, chairman and CEO of VirTra, commented that, 'we are very pleased with our level of new sales orders for the first quarter of 2017. Even when excluding the large order from the State of Arizona, we booked approximately $2.8 million in orders, which in itself would have been a record for a first quarter. We are encouraged by the traction that we continue to receive in both the domestic and international markets and we look forward to serving these customers for years to come.'
Not the end of the world, but it is a recurring customer....
Thanks Teeroy , that's a lot of simulators to be shipped to Mexico.
According to the following website, we are in the midst of several contract completions...
https://govtribe.com/contract/vehicle/idiq-dos-lets/task-orders
Found some $$ amounts Virtra charges for support/warranty
http://www.tdanc.com/terms-of-sale/
1) Pay as you go support:
VirTra currently charges $1,800.00 per day for a site visit and $200.00 per hour for phone support.
2)The second service option is phone support for one year which is $6,396.50.
3) The third option is a System Inspection, Installation,Verification, Software re-installs and training. VirTra will Install system, Inspect, Re-install software and provide training for approximately $9,0000.00. VirTra estimates this is a five day process that occurs at your site.
4) The fourth option is a full one year warranty. Depending upon your equipment selection the warranty for the V-180 will cost approximately $12,793.00 which is 10% of our equipments original cost. To obtain the one year warranty you must also pay the $9,000.00 Inspection/Installation.Training Fee.
If you purchased a brand new system from VirTra they will charge the same $9,000.00 fee, plus shipping costs (@$2,000.00) but the warranty is included for one year.
https://vimeo.com/201984662
Just saw this...
While we are waiting for news, this video of the NSSF SHOT show 2017 just in:
Good article in the "Pressreader" (from the Arizona Republic)
https://www.pressreader.com/usa/the-arizona-republic/20161204/282553017858512
Customer upgrading to Virtra Author Pro
http://www.nashccnews.com/news/2016/11/technology-collaboration-lead-to-real-world-law-enforcement-training/
Thanks Greg. Happily retired now, though my Virtra retirement fund planning is delayed by 3 yrs+ lol. Watch this board in 2017! Plenty to talk about in the near future....and as you used to say, take care!
Thanks Greg. Happily retired now, though my Virtra retirement fund planning is delayed by 3 yrs+ lol. Watch this board in 2017! Plenty to talk about in the near future....and as you used to say, take care!
Same from me Greg, time flies.
Happy Thanksgiving
George
No GG, ran out of patience with this one and sold some years ago.
Only having a few HLIX left.
(In my profile you can find my main investment)
Their Las Vegas subsidiary is already registered with the SEC:
https://www.sec.gov/Archives/edgar/data/1609319/000119312516523726/d114671dex211.htm