VirTra Inc (VTSI)

[ByloCellhi]

Ever feel like a Pawn?

The jury is out to see where we go from here...once the shares are issued and the massive debt resolved then the reverse will happen. So much for all the proxy vote talk...82% to 17% ...not even close!!!

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VirTra Systems' Shareholders Approve Authorized Share Increase
Tuesday November 28, 8:19 am ET
HOUSTON, Nov. 28 /PRNewswire-FirstCall/ -- VirTra Systems, Inc. (OTC Bulletin Board: VTSI - News) today announced that its shareholders have approved a proposal to increase the Corporation's authorized shares of common stock by 400,000,000 shares.
VirTra Systems' shareholders voted to increase the number of authorized shares of its common stock at a special meeting held at the company's headquarters yesterday in Houston, Texas. Shareholders passed the proposal with 82.5% voting for the proposal, and 17.5% voting against it.

Major General Perry V. Dalby (USA-Retired), VirTra Systems' chief executive officer, commented, "I am pleased to have received the overwhelming support of our shareholders for this proposal, and am grateful for their participation in this important process.

"A small portion of the newly authorized capital will allow us to satisfy previous financing commitments, and secure needed capital to assist in the manufacture of over $2.5 million of new small arms training simulator orders received this fall.

"In addition, projections for 2007 are extremely encouraging as our sales efforts continue to secure new and repeat business, and we introduce new initiatives designed to improve our overall corporate efficiency," Dalby concluded.