VirTra Inc (VTSI)

[weedboy1]

After 10+ years of owning this stock, it finally seems like we may finally see some decent upside from a reasonable valuation. At the end of Q1 they had approx 102 employees, openings for 11 new positions (currently), 3/4 year of backlog already on the books, and over a years worth of cash on hand. Its hard to not see the writing on the wall of something big about to materialize. I've searched all over the internet and can't seem to find any info on a new potential large military contract even though Bob has insinuated something is brewing and likely may have already occurred... I did find a few STEP awards (not PR'd) as they were small (35-40k per year each). These will add up over time and you can't beat reoccurring revenue. The retail price on the parts, warranty etc, seem like they should have a high GM and be should be able to make a great longterm return on them.

I'm not a fan of small cap stocks, but over the years I've added shares several different times and with the gradual growth, its turned into a top 3 position so I'm now watching it closely which I never anticipated, lol!

Hopefully we all are presently surprised with a juicy contract by Q2 earnings.