VirTra Inc (VTSI)

[sharpchicity]

Looks like the job posting is still active on linkedin https://www.linkedin.com/jobs/view/2631283780/ although not on Virtra.com/careers. A couple of us are keeping a list of jobs @ https://docs.google.com/spreadsheets/d/1AbQ5LFvHxAZE1uqDjE_xZad9yHPzTFYe3_xk77RfAUs/edit#gid=723033868 if anybody ever wants to add things along the way. Additionally there is a list of news articles announcing deliveries or orders for VirTra. Your docs for STEP agreements would be a great addition!

I don't know how to read into the temp job beyond that it seems like VirTra wants to take extra steps to ensure their product is well built. It would make sense that a company does this at the beginning of a new manufacturing process, or the beginning of a larger order such that they are ramping production, or maybe to oversee quality after the addition of new hires. It would also make sense to hire this role if they've faltered in building products. The "Work towards our goals of 100% On-Time Delivery and 100% Quality" could, from a negative perspective, indicate they aren't/weren't hitting their goals. But taken with all of their other hiring, you'd probably want to take this is a positive and that VirTra is going the extra mile to ensure customer happiness. And in this case, it makes sense that the customer is the Army with their new training solutions with IVAS.

and all this is just solo research. I had some time away from work that allowed me to do lots of reading and while I initially thought IVAS was all software when I first saw OWT. Once i read more into what IVAS actually entailed, it was pretty obvious to me that new training hardware would be required. Then it was just a matter of spending the days/weeks to wrap my head around the IVAS program while tying company commentary to Army updates. I never found a single comment from the company that didn't align with Army/IVAS commentary which helped build confidence in the story from the beginning. I have some friends who already had conviction that the law enforcement business was more than enough to justify their current valuation which made the optionality and ultimate timing of the military opportunity even more worth fully understanding as basically any profits from it would be immediately additive to the share price while simultaneously likely to increase the company's multiple as well. And feeling confident in the timing of it all meant derivatives became a viable investment strategy. Kind of the perfect storm of the research being worth the time investment.