VirTra Inc (VTSI)

[fishhunter]

Wow, we learned quite a bit in the just completed shareholder meeting! Awesome really.

- Quarterly conf calls will start in 2017 with the late March FY2016 report.

- BOD is close to greenlighting the SEC registration.

- They will reverse split and uplist to OTCQX.

- VirTra owns 5% (1.7mil shares) of Mod Round today and value it on the VirTra bal sheet at $137,000 which is likely soon to be too low. VirTra has options to purchase 1.8mil more shares at 20cents each.

- Did I understand him correctly to say VirTra will get a royalty stream equal to 7% of Mod Round revenue? Holy Smokes.

- Sounds like most of the 40mil IDIQ stuff is in the next 3 or 4 years since not much awarded yet.

I wish some of those in attendance had asked questions. Then Ferris would have had to go off script a bit. Maybe during the social hour right now someone will learn something and post.