VirTra Inc (VTSI)

[SirFelix]

The last time Virtra came out of their late 2003/2004 slump the company moved from 10c to 45c while doing 3 things:
1. Lots of new sales and from new customers.
2. Lots of promotion and publicity.
3. Got rid of the debt and improved the books.

Here is the 5 year chart:
http://finance.yahoo.com/q/bc?s=VTSI.OB&t=5y
Here are the PRs:
http://www.virtrasystems.com/pr_press_releases.cfm?refer=1

Here is one:

VirTra Systems Retires Debenture
December 16, 2003
Arlington, TX - December 16, 2003 - VirTra Systems, Inc. (OTCBB: VTSI) today announced that the company has fully retired its debenture obligation with Dutchess Private Equities Fund, L.P., of Boston, Massachusetts.

The financing arrangement, announced in July of 2002, totaled $5.45 million, in the form of a $450,000 convertible debenture and a $5 million equity line. Under the terms of the equity line, VirTra Systems, at its discretion, has the option, but no obligation, to require Dutchess to purchase up to $5,000,000 of common stock from the company from time-to-time in amounts determined by the company.

"We are naturally pleased to announce retirement of this obligation on the heels of our fourth consecutive quarter of improving financials," commented L. Kelly Jones, VirTra Systems' chief executive officer. "This is another milestone in our trek toward corporate profitability and solid shareholder value."