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Agora is still selling simulators in Brazil:
This one for the city of Cuiabà (Mato Grosso).
Recently installed.
Read posts 8031 and 8035 and you will understand.
Loyal is the word. I applied for a flying position with Baltia in February 1992 !
Go figure.
Sold my shares 2 years ago, still lurking so now and then.
So actually not a shareholder anymore.
Oh, and The Lieutenant stopped posting altogether on the Baltia board.
Interesting ad:
http://www.durantcom.com/auditions/military-scenario-reenactment-shoots-virtra-systems/
Military scenarios in Afghanistan...
NWMT was actually above 5000.00 per share at one time, counted for the R/S !
I sold above 1.00 because they didn't reply to tough questions (Lutz was the IR at the time)
It smelled already when all was good LOL.
The story of the preferred has killed this POS.
IPVO = Newmarket Technologies, 2 ticker changes ago....
The first time I bought IPVO, it was at 13 cents, went to 1.25 dollar.
This was before the 4000/1 reverse split (in 2 times)
Time flies
New sales agent in Bielefeld, Germany:
http://www.lk-defence.de/index.php?page=shop.browse&category_id=46&option=com_virtuemart&Itemid=6
Thanks TEEROY!
(So NO reverse split anymore...!)
Anyway, this board is dead again like we predicted.
Waiting for the next bunch of pumpers, buying at .0001 and trying to get
rid of their millions of shares at .0002
SEC starting to move?
Haven't looked at the whole list, but DFTS, Defense Technology Systems is suspended from trading.
(May 14, 2012)
http://sec.gov/litigation/suspensions/2012/34-66980.pdf
We all remember the following, don't we?
NewMarket CEO Philip Verges To Be Added To Defense Technology Board
HAUPPAUGE, N.Y., Dec 3, 2004 (BUSINESS WIRE) --
NewMarket Technology, Inc (OTCBB:NMKT) and Defense Technology Systems (OTCBB: DFTS) today announced a Letter of Intent to combine their respective Homeland Security businesses under Defense Technology Systems in a transaction under which Defense Technology will acquire a majority interest in NewMarket Technology's Homeland Security subsidiary. As part of this transaction, NewMarket CEO Philip Verges will join the Defense Technology Systems Board of Directors.
"NewMarket's proprietary Homeland Security technology is impressive and very complimentary to our current product line," said Daniel McPhee, CEO of Defense Technology. "This combination is an important step in our continuing plan to build a comprehensive unique Homeland Security product line through the acquisition of additional proprietary Homeland Security technology companies. Adding Philip Verges to our board, given his success at NewMarket building proprietary technology portfolios through acquisition, we believe will accelerate our ability to build a robust Homeland Security product line. We believe Mr. Verges' background and contacts as a graduate of the United States Military Academy at West Point will also benefit DTS. We anticipate finalizing the transaction and releasing more details to the shareholders of both companies to include 2005 financial forecasts."
"Defense Technology has begun to assemble a compelling Homeland Security product line and we believe our Homeland Security operation will add a number of proprietary technologies that accelerate the overall development of a unique Homeland Security offering," said Philip Verges CEO of NewMarket. "Our Homeland Security business has developed well over the past year winning a number of million dollar defense subcontracts and city government contracts. Within a dedicated publicly listed Homeland Security operation, I am confident that the combination of our Homeland Security business with DTS will result in increased growth in 2005."
VirTra Systems Appoints Experienced Director of Finance, Corporate Controller
TEMPE, AZ--(Marketwire -05/14/12)- VirTra Systems (VTSI.PK), a leading provider of firearms training simulation systems to military, law enforcement agencies and other organizations, today announced the addition of Mark Skidmore in the position of Director of Finance and Corporate Controller. Mr. Skidmore brings more than 20 years of accounting and financial control experience from his time spent in Big 4 accounting and with public and private companies from the start-up to Fortune 100 level.
Mr. Skidmore joins VirTra from his previous position of Chief Financial Officer and Vice President of Finance and Accounting at Boon Inc. and Keen Distribution LLC, a privately held children's products company, which he joined as a start-up in 2005 and helped grow to more than $30 million in annual global revenues. In this role he managed all of the company's financial and support functions including internal and external reporting, human resources, banking, insurance, benefits, forecasting and budgeting. In addition, Mr. Skidmore was responsible for South and Central America sales and distribution and was a liaison for production in China, third party logistics in California and New Jersey and international distributors. He has also been intimately involved in the negotiations, due diligence, close and current transition related to the company's acquisition by TOMY International in 2011.
Prior to this, Mr. Skidmore served as Chief Financial Officer and Controller for Precision Dynamics International LLC, a privately held automotive marketing events company. In this position he was responsible for managing the finance and support areas across seven subsidiary companies including three corporations and four LLCs. This included financial reporting, corporation commission reporting, managing human resources and information technology, real estate and fixed asset acquisition and handling IRS, state and financial audits.
Previously, Mr. Skidmore held the position of Business Finance Manager, Integrated Supply Chain with Honeywell International Inc., a publicly traded Fortune 100 engineering and manufacturing company. He supported both the VP of Integrated Supply Chain and Finance Director and was responsible for budgeting, performance metric and financial tracking of four manufacturing sites as well as analyzing operational costs and inventory in multiple states and Canada. During this time Mr. Skidmore became a certified Six Sigma Greenbelt.
Earlier in his career he worked in senior accountant and financial analyst roles for 3M Corp. Mr. Skidmore began his career as a Senior Auditor with the accounting firm of Ernst & Young LLP and passed the CPA exam during this time. He graduated from Brigham Young University, earning a Bachelor of Science in Accounting with a minor in Business degree.
Mr. Skidmore commented, "I'm excited to join VirTra Systems and believe with my past experience I can both fortify and bring a fresh perspective to the finance and accounting functions of the company. I look forward to rolling up my sleeves and working alongside the VirTra team in an effort to help this company advance to the next level."
Bob Ferris, Chief Executive Officer, stated, "The hiring of Mark Skidmore marks an extremely important addition to the VirTra team. Mark possesses an impressive background in achieving results within public and private companies along with a strong accounting foundation from his years in Big 4 accounting."
Mr. Ferris continued, "We also believe Mark's previous audit experience, from serving as an external auditor to managing audits internally, will be of benefit to VirTra as we work toward completing the company's first audit in a number of years."
Scov that was 1/2006
This is from 10/2010:
Mark Chacon found a "gem", the most profitable sub-penny stock
he was "tracking". If even a professional can't do some DD
http://www.examiner.com/article/most-profitable-sub-penny-stock-we-track-is-developing-momentum
Oh, and that was BEFORE the latest R/S
(I said LATEST, not the LAST)
VirTra Systems Announces Sale to Hudson County, NJ
TEMPE, AZ--(Marketwire -05/04/12)- VirTra Systems (VTSI.PK - News), a leading provider of firearms training simulation systems to military, law enforcement agencies and other organizations, today announced a sale of its VirTra 300 LE Simulator to Hudson County Office of Emergency Management.
Jack Burns, Director for Office of Emergency Management for Hudson County stated, "Hudson County OEM had the good fortune of hosting the VirTra simulator in our own backyard. We invited all of our Police Departments and Agencies along with many other departments in New Jersey to visit, utilize and experience the simulator. We asked all who participated to fill out a short evaluation form and not one individual or agency had a single complaint. All had high praise and said it was one of the best training adjuncts they ever worked with. We also liked the ability of the controller to modify the simulation based on the officers' response to the unfolding scenario."
"We at OEM feel that the safety of our Police, Fire and EMS personnel is of paramount importance. The training they receive allows for the enhanced performance of their duties and enables them to protect our citizens and return safely to their families. We feel anything we can do to augment that training is well worth the effort and cost," Mr. Burns continued.
Aaron DeCorte, Vice President of Sales, commented, "We are pleased to deploy our flagship VirTra 300 LE Simulator to Hudson County Office of Emergency Management. We believe that this underscores the importance of having agencies experience for themselves the immersion and realism the VirTra 300 LE provides prior to investing in any judgmental use of force simulator. VirTra looks forward to serving Hudson County OEM."
About VirTra Systems
VirTra is a global leading provider of the world's most realistic and effective small arms simulators. VirTra is the higher standard in firearms training simulators, offering a variety of simulator platforms, powerful gas-powered recoil kits and the patented Threat-Fireā¢ simulated hostile return fire system. VirTra's products provide the very best training available for personnel that are entrusted with lethal force and critical missions. The Company's common stock is not registered under the Securities Exchange Act of 1934 and the Company does not currently file periodic or other reports with the Securities and Exchange Commission.
www.virtra.com
Comments are based on current management expectations, and are considered "forward-looking statements," generally preceded by words such as "plans," "expects," "believes," "anticipates," or "intends." We cannot promise future returns. Our statements reflect our best judgment at the time they are issued, and we disclaim any obligation to update or alter forward-looking statements as the result of new information or future events.
VirTra and the VirTra logo are trademarks of VirTra Systems
At least Jason Mulcahy will have signed the Insider Trading Policy, the Proprietary Rights and Non-Competition Agreement, the Foreign Corrupt Practices Act Compliance Policy, the Employee Handbook, AND the Code of Ethics and Business Conduct Policy.
Now start selling Jason !!
gb
VirTra Systems Adds Director of Department of Defense Sales
TEMPE, AZ--(Marketwire -04/25/12)- VirTra Systems (VTSI.PK - News), a leading provider of firearms training simulation systems to military, law enforcement agencies and other organizations, today announced the hiring of Jason Mulcahy as VirTra's liaison to the government and military community. Mr. Mulcahy possesses a unique blend of military experience along with a proven track record of selling high-tech products to the department of defense and other federal agencies.
Prior to joining VirTra, Mr. Mulcahy was Director of Sales for Reality Engineering, a visual interactivity technology company. In this position he designed and implemented a sales model that led the small startup company from a distribution sales model to a direct sales force with 20 regional territories.
Previously Mr. Mulcahy served as Vice President of Sales with Danaher Corporation, a Fortune 200, NYSE-listed, science and technology company. He was selected to create a new sales organization to capitalize on the synergistic relationship between seven Danaher subsidiaries. In this capacity Mr. Mulcahy hired, trained and directed a sales organization that sold directly to U.S. and international governments at the federal, state and local levels. In three years Mr. Mulcahy grew the business to more than $53 million in annual sales.
Before starting his business career, Mr. Mulcahy spent 12 years in the U.S. Army and held the roles of Sergeant, Platoon Leader, Executive Officer, Commanding Officer and finally Senior Strategic Plans & Operations Officer. In this last position he deployed equipment valued in excess of $15 billion and briefed Department of Defense officials on futuristic concepts to counter weapons of mass destruction.
Mr. Mulcahy graduated from the University of Montana with a degree in business.
"I feel honored and privileged to join an organization with a goal to dramatically increase the ability of law enforcement and military personnel to survive armed conflicts. I believe VirTra helps save the lives of the men and women putting themselves in harm's way to serve and protect others... the individuals we call heroes. I thank VirTra for giving me the opportunity to make a difference," stated Mr. Mulcahy.
Aaron DeCorte, Vice President of Sales, commented, "I have worked with Jason Mulcahy in the past and he has consistently been a top performer throughout his career plus he has extensive experience and knowledge of firearms, weapon system operations and training." Mr. DeCorte continued, "Jason's track record of winning government contracts, including with the U.S. Department of Defense, along with his experience producing results within sales environments from the startup level to a Fortune 200 level will make him a welcome addition to the VirTra sales team."
New on the website is the corporate policy under "careers":
VirTra Systems requires all employees to review and sign an Insider Trading Policy, a Proprietary Rights and Non-Competition Agreement, a Foreign Corrupt Practices Act Compliance Policy, an Employee Handbook, and a Code of Ethics and Business Conduct Policy. These policies were last updated effective 4/20/12.
http://virtra.com/corporate/careers
Sad they didn't think of this any sooner, before opening a military division in FL.
Lockheed... again?
My take on this:
The future services of John Hinnant will be the services of Hatalom Systems LLC,
and charged by the company i.s.o. John being "on the payroll" A formal announcement
for this matter was necessary for IRS purpose...
This could mean that John is successful with new Orlando contracts, and wants the
revenue to go to his company, i.s.o. his personal paycheck.
All this IMHO, and again I could be wrong. Time for other boardmembers to do some DD.
Please correct me :
"Hatalom Systems LLC" , ran by Mrs Teresa Duwel, the spouse of John Hinnant, has no website.
However, the company is listed as a "Defense Contractor" ????
What's going on here behind the scenes?
Additionally, we don't even know if John walked out, got fired or is still working at Virtra.
Firearms Training Simulation Manufacturer, VirTra Systems, Announces New Domestic & International Sales
Press Release: VirTra Systems
TEMPE, AZ--(Marketwire -04/17/12)- VirTra Systems (Pinksheets: VTSI.PK - News), a leading provider of firearms training simulation systems to military, law enforcement agencies and other organizations, today announced sales to new agencies within the domestic as well as international markets.
Domestically, the following agencies have recently purchased or installed a simulator from VirTra's multi-screen simulation product line:
Henry County, Georgia Sheriff's Office
Unnamed California Law Enforcement Agency
New international customers that have purchased VirTra's simulation products through a licensed/registered distributor are located in the countries of:
Nepal
Indonesia
These new customers also acquired various simulator accessories, such as the patented Threat-Fireā¢ hostile return fire devices, tetherless recoil kits, and other simulator enhancements. VirTra only releases information on sale orders and installations when the Company has express written permission from the customer.
Aaron DeCorte, Vice-President of Sales of VirTra, expressed, "We are continuing to see growth of our sales to both domestic and international customers. Our revolutionary simulator training products continue to gain notoriety with consumers throughout the world."
Henry County, Georgia Sheriff Keith McBrayer commented, "The safety of both the public and our deputies is our highest priority. The VirTra Firearms Training Simulator is a very important tool for training both inexperienced shooters on the fundamentals of marksmanship and experienced deputies on how to make the best judgment call when faced with volatile situations. Although time on our live fire range is very valuable to our deputies, time spent in the simulator helps sharpen their skills before going to the range."
Sheriff McBrayer further added, "The versatility and capabilities of the VirTra simulator give us the opportunity to place a deputy or two into a real life crisis situation. It makes our people become more aware of their surroundings and gives them the opportunity to work on their communications skills before taking whatever action is necessary to bring the crisis to the appropriate conclusion."
About VirTra Systems
VirTra is a global leading provider of the world's most realistic and effective small arms simulators. VirTra is the higher standard in firearms training simulators, offering a variety of simulator platforms, powerful gas-powered recoil kits and the patented Threat-Fireā¢ simulated hostile return fire system. VirTra's products provide the very best training available for personnel that are entrusted with lethal force and critical missions. The Company's common stock is not registered under the Securities Exchange Act of 1934 and the Company does not currently file periodic or other reports with the Securities and Exchange Commission.
www.virtra.com
Comments are based on current management expectations, and are considered "forward-looking statements," generally preceded by words such as "plans," "expects," "believes," "anticipates," or "intends." We cannot promise future returns. Our statements reflect our best judgment at the time they are issued, and we disclaim any obligation to update or alter forward-looking statements as the result of new information or future events.
VirTra and the VirTra logo are trademarks of VirTra Systems, Inc.
Contact:
Investor Relations Counsel
Rudy R. Miller
Chairman, President & CEO
The Miller Group
virtra@themillergroup.net
www.themillergroup.net
(602) 225-0505
The Barclay Group, Inc.
18208 Preston Road, Suite 9314
Dallas
TX
75252
USA
http://www.thebarclaygroup.com/index.php?option=com_contact&view=contact&id=1&Itemid=63
Too close to our beloved Mr. Philip Verges, if you ask me.
The future will tell.
If I were in TX, I would have a "peek" at the door.
No phone???
Scov, I can't prove it (yet) , but it seems obvious.
Another shady entity in the IPVO saga.
http://www.thebarclaygroup.com/
Interesting website. No names? No phone?
For over twenty years TBG has provided consulting and advisory services to development stage and emerging market companies.
TBG has worked for clients engaged in numerous lines of business and has been involved in transactions of varying size and complexity.
Our experienced team has honed its skills so that it can show clients a level of service that they deserve. TBG has built a firm foundation on its ability to treat every client as though they were the only client.
TBG has grown over the years because it has helped its clients succeed.
Yep, something brewing for sure.
$ 500.00 traded so far.
Maybe the huge short covering?
LMAO
disregard
Great post Herbie. Thank you.
Hopefully some eyes will open soon. Either BK or R/S.
Anyway, as we predicted, most of the pumpers are gone.
gb
My take is that Virtra need not to apply for its own simulator maintenance.
They made their maintenance offer at the time of purchase.
The agency however must tender for the best price for this contract.
IMHO, no other company will be able nor willing to provide Virtra's maintenance.
Q.E.D.
I you want to invest in NWMT:
1. Wait and look again after the next reverse split. They can't get out of this mess without a R/S (Would be the 4th in their history)
2. Wait till the owner of 51% of the company shares has converted ALL of his preferred shares.
3. Wait at least for an audited 10 K.
History repeats itself every 1-2 years on this board LOL
New faces, new hypers, and at the end new bagholders.
Pre-split : 80 trillion shares authorized.
(Only counting for the last 2 reverse splits, not the first one in 2002)
You mention dilution ?????? Copy and paste from the filings:
10Q For the quarterly period ended March 31, 2011
Common stock; $.001 par value; 2,000,000,000 shares authorized;
295,132,892 and 10,364,272 shares issued and outstanding
at March 31, 2011 and December 31, 2010, respectively
10Q For the quarterly period ended June 30, 2011
Common stock; $.001 par value; 300,000,000 shares authorized; (Big mistake in the filing LOL)
1,996,054,699 and 10,364,272 shares issued and outstanding
at June 30, 2011 and December 31, 2010, respectively
So to recap:
Dec 31, 2010 : 10,364,272 (This is after 2 reverse splits of 20/1 and 200/1)
March 31, 2011 : 295,132,892 ( A 30x fold dilution in 3 months)
June 30, 2011 : 1,996,054,699 ( A 200x fold dilution in 6 months and again reaching the A/S)
September 30, 2011 : NO DATA provided by the company
HOWEVER, On September 1, 2011, the holder of 51% of the voting power of NewMarket Technology, Inc. (the āCompanyā) acting by written consent approved an amendment to the Companyās Articles of Incorporation to increase the number of authorized shares of common stock, par value $0.001 (the āCommon Stockā), from two billion (2,000,000,000) shares to twenty billion (20,000,000,000) shares. Approval was obtained from the holder of the 500 outstanding shares of the Company's Series K Preferred Super Majority Voting Stock (the āSeries K Preferred Stockā). The Series K Preferred Stock votes with the Common Stock and is deemed to represent 51% of the voting power of the Companyās stockholders.
The present number of outstanding shares is everyone's guess
My guess is about 14-16 billion, but still a guess.
Based on the number of shares before the split, this would be
60,000,000,000,000 or 60 Trillion shares
The Authorized shares (pre-split) is now a whopping 80,000,000,000,000 or 80 Trillion shares.
According to the company, that is to make strategical acquisitions, what a joke.
The company has stopped reporting since June 2011
But hey, the 0.0002's are really thin, and yeah the bad guys are shorting this POS. ROFLMAO
Anybody buying is nuts.
Very good point.
Actually the patent is not only for the so called "threat-fire belt",.
The last paragraph of the patent reads:
11. A method as claimed in claim 1 wherein said electrical impulse element is utilized in combination with a laser-based training system, said laser-based training system including a torso harness worn by said user, said torso harness containing infrared detectors, and said laser-based training system further including a weapon that outputs infrared energy, said laser-based training system is configured to produce a device activation signal upon detection of said infrared energy from said weapon by one of said infrared detectors, and said method further comprises:
receiving, at said electrical impulse element, said device activation signal from said laser-based training system via a communication link; and
generating, at said impulse generator, said non-disabling electrical pulse in response to said received device activation signal for delivery to said user via said pair of electrodes.
Not an expert, but this sounds like an infringement indeed.
Gunther, as the finder you should inform Bob Ferris, make sure to copy to Rudi Muller!!
Kudos
After the next reverse split, I predict 2 cents...
Herbie, I hope you noted the sarcasm...
Potential PPS 500$, corrected for the 200/1 R/S, according to this PR, merely 2 years ago. GREAT company with a GREAT future!
But granted, the 0.0002 are REALLY thin, we should see 0.0004 soon, and then... KABOUM!!
Quote:
NewMarket Technology, Inc. Forecasts 2009 Profitable Revenue Growth After Reporting $95 Million in 2008 and Recently Signing $30 Million Contract in China
On-Demand Webcast Scheduled for Thursday, August 13th to Review Strong Offshore Sales and Anticipated Revenue Growth Acceleration in Second Half of 2009
DALLAS, TX--(Marketwire - August 11, 2009) - NewMarket Technology, Inc. (PINKSHEETS: NWMT) has announced the launch of a $30 million service contract in China. In conjunction with the rollout of this $30 million contract, NewMarket management is forecasting profitable revenue growth in 2009. The Company reported $95 million in revenue in 2008 and $93 million in 2007. Management anticipates accelerated revenue growth in the second half of 2009 resulting from strong offshore sales.
China Sales
In 2008, NewMarket reported over $40 million in profitable revenue from its operations in China. The Company's operation in China recently signed a $2 million contract with a Hong Kong-based software company and a $30 million outsourcing services contract. NewMarket management recently traveled to Shanghai for the launch of the $30 million contract.
Emerging Market Focus
NewMarket is a technology service provider that sells, installs, customizes and maintains brand name technologies from Microsoft, Oracle, Cisco, Hewlett-Packard and other recognized technology corporations. NewMarket is similar to EDS, Perot Systems and Affiliated Computer Systems, though today smaller. NewMarket differs from the more recognized technology service provider companies by focusing business development in emerging economies. NewMarket's emerging economy focus has helped the Company maintain strong sales during the global economic downturn.
South American Sales
In addition to the Company's sales success in China, the Company also recently announced a $1.2 million Microsoft corporate license agreement with Banco Federal (http://www.bancofederal.com/).
$1.00 - $2.50 Share Price Potential
NewMarket recently announced a ticker symbol change from NMKT to OTC: NWMT. The change reflects a substantial step forward in the Company's overall plan to align what management believes is an undervalued price per share with the Company's otherwise strong fundamental financial performance.
NewMarket recently released an exclusive on-demand Webcast to review the Company's positive operating income for the previous three years and revenue growth from approximately $78 million in 2006 to $95 million in 2008. The focus of the Webcast is to present the potential for the share price to increase from the recent recapitalized price per share of $0.45 to $1.00 and as high as $2.50. The price per share potential is suggested in conjunction with the presentation of the market capitalization values of comparative public companies. The presentation includes an outlook on the anticipated profitable revenue increase in 2009.
The Webcast is now available for review on the Company's corporate website. A link to the Webcast titled 'NewMarket Corporate Update (August 4, 2009)' is available on the Investor Relations page of the NewMarket website under Current Events and Communications at: http://www.newmarkettechnology.com/investor-relations.htm. For assistance accessing or listening to the Webcast, please email ir@newmarkettechnology.com or call 214-722-3065.
Corporate Information and E-mail Updates
To sign up to receive company updates or to obtain more information on the Company, please visit http://www.newmarkettechnology.com/.
About NewMarket Technology, Inc. (http://www.newmarkettechnology.com/)
NewMarket helps clients maintain the delicate balance between maintaining legacy systems and gaining a competitive edge from the latest technology innovations. NewMarket provides certified systems integration and maintenance services to support the prevailing industry standard solutions from companies such as Microsoft, Oracle, Infor, Cisco Systems, SAP, Siebel and Sun Microsystems. Concurrently, NewMarket continuously seeks to acquire emerging technology assets to incorporate into an overall product portfolio carefully packaged to complement the prevailing industry standard solutions.
NewMarket delivers its portfolio of products and services through its network of Solution Integration subsidiaries in North America and the leading emerging markets around the world to include Latin America, China and Singapore.
NewMarket ranked Number One in Texas, Number Three in the United States and Number Five in North America on Deloitte's 2006 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America. Rankings are based on percentage revenue growth over five years, from 2001-2005. The Company grew from less than $1 million in revenue in 2001 to over $50 million in profitable revenue in 2005.
The company has continued its rapid growth, reporting $77.6 million in revenue with a net income of $5.8 million in 2006 and most recently $93.1 million in revenue with a net income of $7.3 million in 2007.
"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
This press release contains forward-looking statements that involve risks and uncertainties. The statements in this release are forward-looking statements that are made pursuant to safe harbor provision of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause NewMarket's actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making investment decisions.
Agora keeps selling...
TEMPE, AZ--(Marketwire -12/14/11)- VirTra Systems (Pinksheets: VTSI.PK - News), a global leading provider of firearms training systems, today announced an order for three VirTra 100 portable use of force training simulators from Agora Telecom, VirTra's distributor in Latin America.
"Military and Law Enforcement agencies throughout the world recognize the training value of our simulators," says Bob Ferris, CEO, VirTra Systems. "Agora's success in expanding sales of our products in Brazil is a prime example. International sales remain a very important component of our diversified and growing revenue streams."
The VirTra 100 is a portable firearms training system that allows use of force training in space constrained environments. This versatile single-screen system also supports up to four individual lanes for marksmanship training. The VirTra 100 features video-based scenarios that build skills throughout the entire use of force continuum. Less-than-lethal training options include TASER®, OC, and Baton; drop-in recoil kits enable officers to gain firearms skills using the same weapon they use on the street. Designed for reliability and high mobility, the VirTra 100 is the most compact single-screen simulator available.
Agora Telecom, based in Sao Paulo, Brazil, is a leading provider of technology solutions and training systems to Military and Law Enforcement agencies throughout Latin America.
The Agora purchase includes tetherless recoil kits, which use compressed gas to simulate firearm recoil, accessories for low light training, and VirTra's patented Threat-Fireā¢ hostile return fire system in addition to the portable use of force training simulators.
Thank you Al for sharing your contact with R.Miller.
Besides the fact that he believes in Virtra's future,
I haven't learned anything new from him.
Maybe one little detail that he didn't like to elaborate on (at all):
The audit is for the financial year 2011. He considers this as a starting point, in order to get SEC recognition.
Once this audit is done, it is "not impossible" to audit 2010 as well.
If you look at the big picture, why would a Rudy Miller risk his reputation backing Virtra? This is their FIRST non SEC reporting
company they cover and support. Just wondering...
It seems that there is no limitation in terms of number of or time between reverse splits,
according to a Q/A in USA Today, sometime last year.
Here is the link:
http://www.usatoday.com/money/perfi/columnist/krantz/2010-03-04-reverse-stock-splits_N.htm
Quote:
Regarding your question, there's no limit to the number of reverse splits a company can do or how much time must elapse between them. However, there are practical limits.
The most important consideration is that the exchanges also require stocks to have a minimum number of shares outstanding. The Nasdaq, for instance, requires companies to have at least 500,000 outstanding shares to meeting continued listing rules.
Every time a company does a reverse stock split it shrinks its number of shares outstanding. If a company does too many reverse splits, and has fewer than 500,000 shares, it could be delisted.
Rudy Miller has been personally calling individual investors on the phone...I talked to him for almost an hour and he was a very nice man.
Same here. Rudy Miller is serious about Virtra.
Some more exposure, also read the comments...
http://gunnuts.net/2011/11/22/the-ultimate-first-person-shooter/