VirTra Inc (VTSI)

[GregginAZ]

It is not an issue of truth its an issue of change. The 500,000,000 authorized number you are referring to is the old Texas company capital structure which was correctly reported in the second quarter report (for the period ended June 30). As you may recall, VirTra had a shareholder vote to redomesticate from Texas and into Nevada - this move was only just recently completed and so the new share capital from Nevada has not been reported yet in any filing. I expect the company amended its capital structure as a part of the move to Nevada in anticipation of later undertaking a reverse split. The current capital structure is entirely sound with 120,000,000 common authorized and approximately 15,800,000 outstanding, together with 5,000,000 preferred authorized and NIL outstanding. I am certain that this number will be reported in November when the third quarter report comes out for the period ended September 30, 2016.