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MrDanMan

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MrDanMan

Re: None

Tuesday, 10/10/2017 2:07:27 PM

Tuesday, October 10, 2017 2:07:27 PM

Post# of 53734
VTSI is currently meeting most of the Nasdaq listing requirements. See page 9 under Equity Standard or Net Income Standard......

https://listingcenter.nasdaq.com/assets/initialguide.pdf

Virtra still needs 300 shareholders. As of June quarter, they had 161 (see Q2 report). This is probably why they are doing a capital raise using the RegulationA rule. Increase the number of holders to 300+

Minimum $3 bid price is now also in play since they've had revenues of $6M+ in last three years.

Of course, the company still has to start filing with the SEC rather than OTC markets.
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