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Re: billpr post# 40951

Tuesday, 04/18/2017 1:13:28 PM

Tuesday, April 18, 2017 1:13:28 PM

Post# of 53798
Bill, There is tons of money out there. MR will have no issue raising as much as they want. VirTra is not in a mess. They get paid CASH for each system sold to MR. While this 10k is bad, if they had about 4 locations they would be break-even on a cash flow basis.

MR is just a distraction for VTSI shareholders. Best case, it gooses earnings a bit in a few years. Worse case, it costs VirTra nothing. It is a reasonable thing for VirTra to support. Their agreement is heavily skewed in favor of VirTra.
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