InvestorsHub Logo
Followers 4
Posts 657
Boards Moderated 0
Alias Born 10/24/2004

Re: avocado post# 38552

Tuesday, 06/21/2016 1:47:59 PM

Tuesday, June 21, 2016 1:47:59 PM

Post# of 53842
So I asked Larry about MR:

"The agreement has not provided detail as to the consideration Modern Round will pay VirTra for the initial systems. Suffice it to say that there will be some payment for the systems, but that the vast majority of the gross profits will come from the royalties."

So I'm guessing Virtra supplies them at cost, making its profit on the royalties.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent VTSI News