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Boy, you guys just don't understand
Yeah, very frustrating, isn't it!!
Seems like great support at a DIME!
jail is so easy to get out of, just buy a subscription
I would like it where it belongs - 0.045. From there I could make a little more money when it bounces back to 0.09. Actually, we will never have the volume for this play, so let's just forgettaboutit
This is hilarious! Single digits, SOLID single digits, now what will the pumpers say? I bet at least one will say this is a great buying opportunity before the real deal takes off and this thing goes top the moon.
Right, Alice?
How about a new poll?
How low will VTSI go?
.05
.025
.0125
lower
LOL
New 52 week low
Single digits
The street unimpressed with the rhetoric
The merger is falling apart
amazing
VTSI(Virtra Systems) down 5% today; Artx(Arotech-IES) up 18% today, and Fats up 10%..any one know why the sector seems to be moving today, except for VTSI?
I got six cent shares because I bought in in '03
06/25/2003 100,000 $0.06038
domen, interesting that you say that. after reviewing my posts, i see several messages stating the number of shares and the average price. you must be as good of a researcher as you are doing dd!!
why do you think we do not own any stock
we probably own more than you !!
Sorry, sbc, but most think the ride is about to end!
Selling of the stock is driving the price down.
No buyers is what is keeping the stock down
The little bumps to the upside every once in a while are just that, bumps (ya know, you've felt them driving, BUMP, you go up a little then back down and the time for the car to get repaired or replaced!)
The real reason is the lack of acceptance of the reverse split (i mean reverse merger, or reverse BS)
Great research work, mirox. The only question I have is what significance does trading over a million shares in october of 2005 have to do with the trading of Volume: 388,151 for today as of 1:53 PM?
a true believer or an investing fool
only time will tell
and the first thing you should do is post something of substance instead of spending other peoples profit
freak
very slow morning
i guess some are still trying to decipher kellys cryptic (as usual) shareholder letter
once they figure it out some will sell avoiding the inevitable drop in price the day of the R/S
some will buy hoping that the share price will go up after a while
others will sit back and let you do the worrying!
How about a new survey?
1. Do you understand the implications of the proposed merger?
2. Are you voting YES to this proposal?
3. If a reverse split actaully the beginning of the end?
4. Will you sell your shares before or after the split?
any more?
The Street did not find the news of the proposed merger that favorable.
Same 'ol
Really, now, the only thing that is certain is the reverse split and the lower market value of the combined companies!
OT: yes, ceres, that is the question, do you have the answer?
i didnt think so
we see now, it will be DOWN from here!
the momo has stopped so early, i guess those with more smarts than the longs here do not see the benefit yet.
Gap up - open 0.119
up or down from here?
A Sad Day for VTSI Longs
Some said it would not be done
guess they were wrong
!?!Reverse Split!?!
Am I reading this right? 1 share of new company stock for each 7.6 shares of VTSI?
go figure?
Form 8-K for VIRTRA SYSTEMS INC
11-Jan-2006
Entry into Material Agreement, Financial Statements and Exhibits
Item 1.01 Entry into a Material Definitive Agreement.
On January 10, 2006, we entered into an agreement to merge with Virtra Merger Corporation. Virtra Merger Corporation is a Texas corporation, newly formed through the merger of Altatron International, Inc., Chrysalis Manufacturing Corporation d/b/a Altatron EMS, and Dynalyst Manufacturing Corporation into the new corporation. Altatron provides electronics manufacturing services to original equipment manufacturers, and Dynalyst is an electronics engineering company.
The acquisition would provide us with a wider range of products, some of which are already used in our products, and an additional revenue stream.
Mr. Andrew Wells, a current director with VirTra Systems, was a minor (less than 5%) shareholder in Dynalyst Manufacturing Corporation, and served on Dynalyst's board of directors until December 13, 2005. In addition to holding common shares in Virtra Merger Corporation due to his former holdings in Dynalyst, Mr. Wells owns 3,000 shares of preferred stock in Virtra Merger Corporation for settlement of an indebtedness of $30,000.00 owed to him by Chrysalis Manufacturing Corporation. Mr. Wells served as secretary for Chrysalis Manufacturing Corporation until December 13, 2005.
If the merger is completed, the shares of our Company outstanding at the time of the merger (expected to be approximately 65 million shares) will be changed into 8,512,920 shares, and the shareholders of Virtra Merger Corporation will receive 7,803,795 shares of our common stock. In addition, holders of 141,841 shares of outstanding preferred stock of Virtra Merger Corporation will receive 141,841 shares of a newly created Series A Preferred Stock, with each share of the Preferred Stock convertible into 8.9 shares of our common stock.
Both companies are presently in a due diligence phase; however, there can be no assurance that the acquisition will in fact be consummated, as the transaction is contingent upon the Company's approval of a pending financial audit of VirTra Merger Corporation, and approval of the transaction by the shareholders of both companies.
Upon completion of the audit, a proxy statement will be prepared and filed with the Securities and Exchange Commission, and subsequently submitted to the companies' shareholders. It is expected that the proxy statement will be forwarded to the shareholders in February of 2006, but there is no assurance that this timetable will hold.
Item 9.01 Financial Statements and Exhibits.
(d)
Exhibits
Agreement of Merger dated as of January 10, 2006, between VirTra Systems, Inc., and Virtra Merger Corporation
Since VTSI will never reach $1, yes, you too are invited!
Sorry, but some stocks just never move
they linger for years on end
Why not delete the post 17779 and post 17780 since both of these messages refer to a message that has been deleted.
c'mom guys
Anything new going on here?
Looks like we missed nothing except the base building at a dime.
What else must be done to get outta here?
i'll take your advice
What else must be done to get outta here?
What else must be done to get outta here?
thanks for the help, just too bad i cant send him a post because i am in the jailhouse.
try again, maybe this time you'll get it right
What else must be done to get outta here?
thanks for the help, just too bad i cant send him a post because i am in the jailhouse.
try again, maybe this time you'll get it right
why am i talking to you then? if you dont have any power can you give me the address of someone who does. sure is a big waste of time when you are told to bark up the wrong tree.
is this the way all non-payomg customers are treated?
Any word on my release yet? The board is getting bored without me!
just showing the other opinion
Hey, matt
is it your normal policy to ignore a post from a free member?
looks like it, we posted several questions on how to get out of this jailhouse with no response
are your paying customers treated with the same disrespect?
Hey Matt,
What else must be done to get outta here?