Sorry for late response

I have not been watching VTSI as closely since I lowered position

My projections are $2.1-$2.3M in normal revenue plus $.5 to .9 in milestones and a significant cash build

I picked up 20000 at .0525 today since there are only 6 trading days left - should be 3x reward risk ratio which only a few companies can offer

If I am wrong will consider the weed stocks a better investment despite having close to zero revenues - could have made a lot of money buying VAPE at 2-2.1 while this slug sits

Cannot conceive they would miss again this quarter - if they do I hope the "normal quarterly fluctuation" excuse is not played again - if there are quarterly fluctuations this quarter will make up for last - if they do not surprise on upside this quarter I will go back to losing all faith in the BF/RM team and the token CAO

If that has any validity you should be able to use the pseudo insider info (need to read TOU's for that type of content) that is being posted by several users that acknowledge being current and past employees to verify

PS I live in Midwest or do you want to question that also?

Continued personal attacks are not a good quality in a board moderator

One of the deleted posts by a new poster referenced a meeting this week.

There has only been a total of $70K traded - hardly a panic reaction

I believe these were necessary steps the company had to take and support management (with the limited knowledge we all have) that there was a reason to finally get basic paperwork in place like Non-Competes, and hopefully, NDA's and an employee handbook defining proper use of social media networks.

Did you ever find source of deletes?

Seems to be escalating

As a holder of 500K+ I am also holding, and encouraged, based on what might be a very positive action by company to refocus company.

Three ID's born in last 30 days (two yesterday) can hardly be taken as unbiased posters (and as another poster indicated there was so much emotion one could suspect alcohol played a role)

If HC really is a current employee (which I doubt) as (s)he indicated, I would guess walking into an office of 30 or so employees is going to be stressful - does not seem like Bob as (s)he called Ferris would have a very hard time identifying the person and happily escorting it to the parking lot without severance package for disclosing confidential info (customer visit) and insubordination.

I am holding but hopeful we will see a reason to restart accumulation in next 30 days. My guess is we do not hear from any of the newbie posters in the near future.

I hope you meant as an EX-Virtra employee

Glad I could help

Thanks

WOW - I assumed Jeff the Controller

Assume Jeff is old controller - in my opinion he did not get audit done so he is out - what was he doing nominating board members???

Assume John is Hinnant - in my opinion working on big things does not equal forecastable revenue - so he is out and in press release the VP of Sales finally gets mentioned - producers = keepers

Chief Architect in Orlando appears to be gone

All these moves will help cut expenses significantly

There always was a need for non-compete and also for a non-disclosure = good business practice in product development companies with significant IP

So if a group of disgruntaled employees leave over signing a non-compete we are better off without them - if they quit no severance is better than them sulking and being non-productive on payroll for months - the keepers will rise to the top and the rest will get into their foxholes and hide until they work themselves out of a job (of course it will not be their fault)

Lets see how they do looking for a job when they tell prospective employers I left because I was insulted - sounds like we will be supporting a few more unemployed for 6-9 months

Would not worry about this company as a competitor

So appears to be a family business in Engineering Services sector

At time of formation of LLC Teresa Hinnant was listed as Registered Agent

First hammer drops - delay of annual meeting which I assumed would happen

Second prediction is delay in audit since I think the whole strategy has changed, unless the purpose of the audit has changed from uplisting to a financial transaction

You might be onto something - cleaning house to position company for sale??

That should end the Orlando building relationships gig

Congrats to management for cutting their losses - hope they maintain focus on business they have ability to manage and get back to basics

I guess they can kill the job ad for the travel arranger/new business person in Orlando

Only 19 more days to annual meeting and projected audit

Hope they are burning the midnight oil to make these dates happen

Thank you VirTra!!

Thought you guaranteed me in a reply in January that they would PR soon - that they did not just go silent since I bought stock

OMG - A new tune

Even the strong are getting frustrated - so I better panic:)

Time to start examining if a pink shareholder has any rights at all - time to email the lawyers

Little over 3 weeks to audit completion - over/under is????
Little over 3 weeks to annual meeting - over/under is???

My expectation is at least one, probably, both are delayed - but that is just my opinion and only a result of lack of financial information published by company since November 2011.

Wonder what will be voted on?, where May 8 meeting is being held?, if I was considering attending where should I book a hotel in Tempe? - are we going to be able to vote electronically? - wonder how late in April this will be available for a May 8 meeting

I have some frequent flyer miles to burn - might be worth a trip

.066 and no enthusiasm to buy - even from "The Silent majority" or insiders

Since EST II, Miller Group, "NEW" strategy of silence has sliced off a lot of equity - seems like an interested investor could takeover company for a song since supposed "largest holder" owns a measily sub 10% of company and most retail investors would probably tender shares for 9-10 cents at this time (I would with glee)

What is board opinion on "REAL" situation: "Relationship Building" is it transferable to revenue, uplisting or going private strategy?, Just Silence or a lack of sales since December?

Based on LinkedIn down to 27 listed employees from 29 - including one very high title

For my best friend:

Since I live more than 1000 miles from either the nub, I mean hub of VirTra (Orlando) and its branch (Pheonix) if I was an employee that would be one, in my opinion, of the dumbest things VirTra has done (plus I claim no expertise in government contacting or architecting simulation systems); I maintain a reluctant position of 500,000+ shares, Have no affiliation other than retail investor in Virtra

How's the golfing in Orlando - get to scratch yet?

This "silent majority" is all talk - guess not since they are silent with both their posts and purchases

If they believed what they spout they would be accumulating at .071 and not just talking

Money talks

I know 5Cup has me on ignore - but would someone ask him the importance of EST II which he claims everyone should research

I'll bite and also claim ignorance on details of procurement

EST II was an RFI request and I believe response deadline has passed - think it was No Later Than 3/30/2012

If VirTra responded would should they be listed as an interested vendor? Fed.Gov lists 14 interested vendors but I did not see VirTra listed.

Plus as an RFI there is no commitment to procure or even issue a Bid Request in the near future, I believe.

How do you anticipate VirTra will participate in this bid? Do you think they responded to RFI and are just not listed, is that common practice in government bids?

For once, I am not being critical just trying to understand process and possible strategy. Winning a contract like this in near future would, in my mind, justify the Orlando expansion if it is real opportunity.

You sir are 100% incorrect and an amateur investor in my opinion

I have made one sale of 70000+ shares in a single transaction at .08 about 2 weeks ago

So get your facts straight before making false and stupid accusations

My guess is I have done more to defend this stock than Rudy Miller - who, as far as I know, has never stated his companies position in company - and I am not collecting any fees from this company as a "consultant"

If you had any $$$$$, you would challenge the management of the company before slandering a shareholder - all it takes is for the executive team to invest about a $50000 each to defend this stock -IMO if Berland/Ferris/Miller/LaCorte/Bennett/Hinnart/and the respected" new hires each invested $50K (which should be chump change for them) that would take nearly 10M shares off the market - have not seen any PR about a single share of insider purchase - so the rest of their PRs lack anything of substance to me - and a what is their projected attendance for this all earth-shaking shareholders meeting - 3-5 shareholders that combined do not control enough shares to make any difference

As the critic - please inform the board of your position, affiliation with company, and why you are thrilled to be a shareholder (if you are)

If anyone attends the "important" shareholders meeting where they will be privy to the "important" update fom FERRIS which could just as easily be provided now - I hope they ask the question of how "BIG" the Miller investment is.

What are your thoughts of the cause of missing audit deadline - non-performance, problems in accounting or revenue recognition, and/or management? Why not direct your venom at Ferris/Berland/Miller - I did not contribute to the failure of the company to file financials on time.

At least if you have a spine, please make direct accusations rather than chicken-$$$$ innuendos.

Defended it at .074 and someone sold 500 shares at .068 to make sure we did not break trend line

MIller Group where are you? Need your support - how big is your stake????????????

Berland, Ferris come to our rescue - the lost sheep need you

So they do not plan on meeting the required extended date if they had been listed

They state the expected filing date is May 7 on the form - sounds like they have not accomplished much on the audit front since they planned on 3/30 and now project 5/7 - unless they are totally at ground zero, or there is an issue with the audit; it still does not seem like a great explanation for a company with so few sales transactions. Now are they able to meet the 5/7 date so they can hold annual meeting on the 8th with Burland in the financial seat during this critical period.

Hope they are reporting correct reasons for delay or the ambulance chasers will be coming to party.

If I recall correctly the controller was not even there for first half of 2011 so Ferris and Burland are the one's that were on duty for the full year and allowed this to occur, IMO

I agree

No identification of issuing organization (in fact does not look very formal like SEC documents) on it but it is signed by Burland.

If it is not required why file it? - thought was obvious from PR on Annual Meeting.

Strange behaviors there must be some reason

So they filed the Notice of Late filing on 3/30 with an expected filing date of 5/7 due to audit not being done (it is on otcmarkets.com)

But Notice indicates that it grants filer an additional 15 calendar days to file an annual report

Does that 15 days start after expected filing date or from original due date, in which case they are saying it will not happen

Any experts in crowd?

Some seller came in late and messed up my chance to buy at .078

I guess I will have to wait for a PR about a "Respected" new hire for controller position

Then all we need to wait for is someone to buy a few shares at the ask and it will break out

$78 buys 1000 shares to paint the close

Why does a 60 person company need so many VP's - either LaCorte (spelling ?) or Hinnant should be held accountable for sales - why create two sales organizations? Does each sell or do they merely manage a handful of reps each - typically reps that can close $50M deals demand high OTE's - Why does a company as small as VirTra support potentially 2 high OTE's - seems like you only need one Sales Executive - the producer?

Would love to understand why Orlando was created - still have concern that the companies Chief Architect is in Orlando but has he not taken the ten minutes to update the only public profile that I can find to change his current position to Virtra - after I pointed out the spelling error on his Sciential site he did correct those - FYI - so I assume, right or wrong, that VirTra does occasionally monitor this website.

Is Raytheon VTC a partner or competitor of VirTra? I would consider that very important info that should be disclosed - if a partner then I am OK with an employee listing them as current employer - if not a partner I would consider it a conflict of interest which should have been corrected in a timely manner regardless if it is a company site or any social site that executive freely chooses to utilize.

I have printed profile out for several months, it has been consistent, so I assume correct - so based on that public information of a person that I personally would consider important to VirTra (Chief Architect sounds like the top level Technical position in VirTra) - I draw conclusion, right or wrong, based on public information published by an important employee of VirTra, that Raytheon VTC has some affiliation with VirTra which makes me excited about future and keeps me maintaining a major percentage of my position in the company with the expectation 9 to 10 cents PPS is achievable.

I hope the policies of VirTra encourages their employees to adher to standards of conduct worthy of a supplier of product to the public and are well communicated.

Consequently I believe I can depend on the limited information available to assist me in doing my personal due diligence and make investment decisions on equal grounds with affiliated parties.

So that is the positive spin - there was no flaw in the accounting or audit but we agreed that for some reason (undisclosed in PR) that we mutually decided to part ways (one scenario -- we came into the office and said this is not working out and let's part ways in two weeks) and each party smiled, one collected his belongings, they scheduled his going away party and will they will happily spend two weeks transitioning duties. All this may be true or it may not be - none of us (except the insider who has gone quiet for several weeks) knows the real story. I have no idea if that is truth but it is a viable scenario.

Being the skeptic I am, and always looking for the smoking gun, I personally believe there is a lot more than that which is the rest of the story. Was it a failure to complete audit, was something uncovered in audit, is it a cost cutting effort due to slow sales - will all this be revealed at share holders meeting?

I still hold over 500K (down from peak and 40% of my original target) shares of this stock, will dump it at any chance at 9 or higher, but am also willing to ride it to zero and be an increasingly severe critic of management all the way down until some disclosures are forthcoming (i.e. quarterly sales, Miller group financial stake in company, why two sales organizations, performance of Orlando - when does building relations project to sales?)

Looking forward to May 8th does not meet my criteria for keeping shareholders informed as advertised on website - if there is no requirement for timely reporting of quarterly results, I assume there is also no requirement for an annual meeting, so save the dollars to hold that and just hold a webinar for interested shareholders - seems like a lot of fog is being created by a few individuals that need to promote their importance with titles and image and important annual meetings like we are part of a Berkshire sized organization - unneccesary in my opinion - the only value I consider important from the leaders of this company are results - calling oneself CEO, President, COB, Chief Architect adds nothing to the financial and shareholder value - success is measured by growth, financial metrics,timely reporting, transperancy and PPS - the rest, in my opinion, is some old men pumping themselves to act like tycoons (a $12M organization is not an empire or even a good sized shopping center)

Which sales group would you keep, based on what info we have, the single hitter that has paid the bills or the promising power hitter that dreams of landing the whale and needs a personal assistant to arrange his busy day.

I vote to keep the single hitter.

Or did the audit reveal something?

There is something going on but we will be last to know

That is danger of pinks - sometimes there is not a rational exit door

and the first domino falls - controller gone

I predict next will be a sales executive

Hard to believe that an audit of a company that had maybe 100 sales and possibly a couple of thousand requisitions during the year could take that long to complete.

What is a cause of delay? - is there an issue the auditors have that is beyond the simple I sold, I bought things

Is an audit required for anything beyond listing - i.e. partnerships, RFP requirements, possible sale of company?

I hope they one of their strategic initiatives is behind delay and not just accounting issues.

Each PR seems to raise more questions than it answers.

If by design - what is goal?

Drive share price down to make it easier to accumulate shares and drive out current shareholders??

Sure would like to know what kind of stake Miller has taken - was it a one time purchase or multiple?

Dates and quantity of shares purchased would be valuable information.

Obviously not what I was looking for

I have exchanged 2 emails with Miller on Jan 4 and 5th

Response was received and Ferris and a couple additional contacts (including what I believe were lawyers) were copied

Decided against more of the same and using public forums

I do apologize

Saw the Yay and misread

I am just totally frustrated with the treatment shareholders have gotten since November

This company needs a real CEO that does not turnover his responsibilites to a PR firm

If that quote really reflects Ferris's words (and not Miller's) then I personally feel we are doomed - if he wants to keep us informed all he needs to do is communicate and not hide behind fluffy PR's that imply but don't have what I consider supporting facts -- From Ferris's VirTra website "At VirTra, we strive to keep you informed, up-to-the-minute, of events affecting our company" - May 8 is hardly up-to-minute in my estimation

And you are right I don't know what Orlando is doing and I doubt anyone on this board (except the insider) has a clue - they could be at Disney World for all we know

For a company this small everyone has an important title - hope they are paid on results and not titles - at least Miller cut his title on this PR

You are quite the cheerleader - wave those Pom-Poms

Issues I would like on ballot

Terminate IR Firm contract
Close Orlando

What I read from Press release is that Orlando is still working on growing relationships with branches of military.

What I would like to hear is substantiation of progress to justify the investment we have funded for a remote sales organization.

Having managed sales groups for many years "building relationships" sounds to me like a red flag - my concern is that they have a long road ahead of them before that translates to sales - does Hinnart report into VP of Sales or is Orlando an independent organization? Has Orlando exceeded their milestones or have the sales opportunities tended to roll from quarter to quarter? Are they building relationships with the buyers or larger companies as partners?

What sales have occurred since Agora sales in December to help finance what could be a long sell cycle (heard of an $11K services deal)? Is there an exit strategy if the forecasts do not turn into revenue? What is projected timeline for Orlando to become profitable? What is the role of a Chief Architect in a remote location? - is Quinlan project driven (billable resource?) and part time or is he strategic to the company? (he still lists 3 current positions - VirTra - Chief Architect Orlando; Raytheon VTC- Technology Director (competitor or partner?); Sciential - Consultant) on LinkedIn.

Share Holders meeting in May and Audit is late but trying to complete for meeting

BUT they look forward to communicating

WHAT THE $$$$ precludes them from communicating something NOW about progress and strategy - I don't need to hear it in person - not planning on going to meeting - time for CEO to step up and provide some transparency and guidance

Is this an attempt to stay silent for another 5 weeks? - I for one think this new Investor Relations strategy stinks

ANOTHER classic PR that alludes and fails to deliver anything of substance IMO - this new PR strategy does not sit well with me

Looks like 8 cents is cap until May

Looks like someone knows something

And it does not appear to be the positive we are waiting for

GO MILLER TEAM!!!! Is Ferris still active in business - he has been very quiet

Guess you decided to wait