Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
The stock is being shorted. The House of Representatives have passed a bill allowing funding of Cannabis companies.
Buy now, as long as Mitch McConnell is the majority leader in the Senate, the bill goes nowhere. Even if the bill is eventually passed, IIPR has a great business model and will remain profitable with a good dividend.
You are all in with over 100k shares. Hopefully, when the new facility gets rolling this stock should at least double, if there is a profit.
I also noticed that the stock price is low for what is going on with Tinley. I live in Pennsylvania, so I obviously have not tried the products. I have read the products are flying off the shelves and that a labeling problem has slowed down the products getting into stores. Temporary problem.
A see a new production facility is being built. Temporary problem. The volume of the product line should soon reach demand.
I am also invested in Canopy and I wonder why they have not bought Tinley out. Tinley has the solution and a patent on the infusing problem which Constellation wants Canopy to solve. I am sure a number of marijuana companies, Aurora, Tilray Aphria etc. have their eyes on Tinley as the infusion process of hemp or marijuana in beverages is not yet legal in Canada.
If the products offered taste good, this line will sell big time.
Someone posted on Canopy's message board about Tinley and that is how I discovered the company.
I am a new investor seeing exciting happenings with Tingley. Does anyone know when the Long Beach facility will be operational. I have read Q1 2019.
It is also nice that Thompson Reuters and Maxim have BUY ratings. I noticed the target price as 12 in the Thompson Reuters report.
Thompson Reuters has made VTSI a buy from hold, enough said for everyone.
Has anyone heard of any government contract activity, or any police departments buying any more simulators?
The stock will move up when we get some contracts.
This should be a $8 to at least a $10 stock. We went up over $7 a share when we joined NASNAQ. The stock now sits at less than $5 a share. Two bad quarters in a row will do that to a stock. If there is a third consecutive bad quarter, than this has become a trend and new management is required.
Take this from someone who gave kudos to management when the stock was going up.
Hopefully we have at least a decent quarter.
I am just ignoring the scrolling, it doesn't really bother me. I am still waiting on VTST to do something.
I am only a smaller player here 55k shares. Your sentiment is well taken, it depends on the 4th Qtr numbers.
I an very surprised with the stock price going down. Virtra's 3rd quarter numbers were very good. The company is about to uplist, could be any day now. I can understand people wanting to buy at this low price. My question is who are the sellers?
Great day today!!! Probably no one posting on this board truly understands what is going on. Virtra has hired an outside firm who have gone through the NASDAQ and SEC processes before. They must know something that we do not.
Must be a VTSI buyback. This is the same about size 25k as the last one.
New article dated July 7: How Communities Can Collaborate to Buy Law Enforcement Judgmental Use of Force Simulators
As police departments across the nation seek innovative ways to expand the training and knowledge of their police officers to perform their duties, an increasing number of communities are finding creative means to purchase use of force training police simulators by banding together to share the high-tech interactive training systems.
By acquiring the systems together, police departments and communities can make such purchases more affordable for their individual communities by lowering the costs to more manageable levels.
A wide range of methods to make such purchases are being pursued as police departments and communities look to find alternate means to obtain the highly-desirable use of force training realistic police simulator systems for their officers without using public funds.
Among those methods are help from private foundations, including local tax-exempt charitable police foundations, which raise money from donors to help fund special projects to buy shoot no shoot training technology, pay for additional training and make other purchases for their local police departments.
Such a project was established and funded recently through the St. Louis Police Foundation in Missouri, using a substantial gift from a private donor which paid for the purchase of a top-of-the-line VirTra V-300 five-screen, 300-degree police use of force training system. The V-300 uses real video featuring live actors to provide use of force scenario training simulations for officers and was selected through a review process after the donor asked the Foundation what police agencies in the area needed.
The system was tagged as the first choice of the St. Louis County Police Department and the donor agreed to make the purchase – provided the law enforcement use of force training system could be shared with other police departments in the area, building collaboration into the deal. The system was purchased and installed at the St. Louis County and Municipal Police Academy, where testing is underway and force options police simulator training use by officers is expected to begin by late August. More than 100 police departments and municipalities are members of the academy and can potentially use the police simulator system. Without the donor’s gift, the county would not have been able to afford the purchase, which will now benefit the area’s police departments.
Other options to buy such virtual reality training systems include community partnerships where groups of departments and municipalities can apply for neighborhood grants, which usually come from federal and urban development agencies. The grants, which usually total about $10,000 each, can be combined between grant applicants to make larger purchases together to initiate projects, including police simulator training technology.
Federal asset forfeiture programs, where assets and proceeds of criminals involved in federal crimes can be seized and distributed, are also potential sources of funding for such investments, as well as possible special assessments on traffic tickets and other fees and fines. State attorney generals can also potentially help procure funding for local departments through grants from the U.S. Department of Homeland Security.
Ensuring that officers and police departments have the right training tools to prepare for their work in their communities is a growing goal across our nation. Providing the best, most accurate realistic police simulator training is something we can all work to achieve to improve protections for the public and our officers as they do their jobs.
Article without pictures as written on Virtra website.
I also looked into govtribe. Virtra has multi million dollar contracts that are currently active. When sorted by company and date, you can see the impressive government contract stream which Virtra continues to have.
Thanks for the site.
It sure does. Unless the SEC work keeps it all a great secret.
Your post is right on the money. The next post that is not of quarterly earnings will be the first one this quarter. Extremely discouraging.
Teeroy-- your post is very encouraging. Thank you.
Just where is rock bottom here? I hope it is soon or we are there.
My level to vote yes would be $3.00, This downturn is getting stale.
A company needs to have POSITIVE Prs other than quarterly results. I do NOT believe that is unrealistic but a necessity. No wonder the stock price is now sitting at 2.00 a share.
Maybe privately. We must have some kind of public[/b] news. No news is mot good news.
That is the question. There is little to no response from VirTra.
We won't hear anything until after the federal budget gets passed, It has been a year since the military contracts were announced. I would like to think that it should not be much longer.
Kudos to the savvy trader who brought VTSI for 2 a share. I do not pity the sucker who sold at that price.
Seeing the balance sheet, I believe this stock will soon shake a poor 4th quarter. The Year to Year comparisons are fantastic. A record setting 1st quarter has already been prematurely announced.
I do not approve of the lack of transparency that has been displayed by management and the stock price has suffered accordingly. In a month or two that should be behind us and the stock should recover back to its higher limits of over $3 a share. I am personally hoping for #5 by the end of the year. I believe we would all like that.
In looking over this report, my belief is the company is growing at a rate of about 20%, fish appears to be right on. This documentation shows a year to year comparison. A great post for anyone who wants to take the time to read it.
Year to Year--Net income has grown from about 1.5m to about 2m. EPS is showing about 1.2 compared to 1.0 last year.
The company appears to be debt free.
Looks like this person changed their mind, the shares are not there at 2.20.
It looks like someone really wants out at 2.20. There are about 15500 shares there.
Do you believe the silence has to do with applying for SEC?
Anyone know the status of the $40 million split government contract?
Great video. VirTra has to keep expanding the product line to get the huge government contracts coming in. The last government contract we heard of was back in September or October.
How long does the SEC process take? That would be a huge step forward.
Welcome back fish!!
Let's keep the politics off the board. We are all in the same boat, with a lot of money tied up in this stock.
The election has been decided.
Thanks TEEROY- I did not know about this relationship. It is nice to have informed people on this board.
These are guess estimates off of the Yahoo message board.
OK guys (and gals). What's your prediction for the price of VTSI at the end of 2017? I'm putting in for $5.25. Other guesses?
Reply That is a reasonably good guess. 2017 revenue should be in the $22 to $25mil range with EPS of about 25cents.
Has anyone heard anything about the million dollar stock buyback?
I see someone bidding 2.65 for 300 shares again. I hope no one is foolish enough to sell at that price. The ask is only for 100 at 2.84.
I do not understand selling at this level. Once SEC reporting starts, VirTra shares will rise.
Happy Thanksgiving to all. Here's to the upswing soon coming our way.
I'm in long term. Over 61K shares. We have not seen much action lately in the government contracts. The 4th quarter should be better.
I was curious on that also.
VirTra is in a much better position.
Right again Fish. I don't care who is selling. I have been buying up some more shares.
I have been selling other stocks and bonds to get more. Sometimes I need to wait 3 days for the sell to clear.
VirTra seems to be an excellent LONG term investment!
Fish I also enjoy your posts. Your optimism is what a board like this one needs. There are many people who come on these boards to say negative things. Keep them coming.
It only reaffirms why I keep buying VTSI.