InvestorsHub Logo
Followers 0
Posts 1321
Boards Moderated 0
Alias Born 05/14/2003

Re: SirFelix post# 20384

Tuesday, 11/07/2006 2:31:04 PM

Tuesday, November 07, 2006 2:31:04 PM

Post# of 53787
David

No flip here...

You said: "If you have a good paying job, but want to buy some land, build a house and pay off that 28% credit card balance, you could just save up the money for 30 years first or look into maybe borrowing the money at a good rate. Which way do you prefer to do it? Virtra is in the same position any of us would be in if we wanted to get our lives moving in a positive direction financially."

Your analogy is not reality - the days of down payments like the past are gone. You can buy a new car with no down payment and roll the sales taxes into the loan same with buying a house used to be you needed 10 to 20% down payment now you can do it with 5% or less.

One thing you do need to credit or a FICO over 700...to get the best rate

The company had said they could not do the savior financing - PO Financing (Tar Heel touted and knew so much about) as it was "usury"....

Dutchess is tapped out and they are cashing in every day it seems...

Let's see how it plays out ok

By the way is your expertise in corporate - credit finance or banking??? I think you are over your head in this analysis.

Looks like you chased ole Rose Bowl away - Kelly your $.02 on the company's current status??? Are you selling to try to get something from all the blood and sweat over the many years of hard work?

These are my personal comments, observations, opinions and should not be relied upon for any investment decisions, and as always read the SEC filings for the facts of the company

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent VTSI News