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Re: entrails post# 20882

Saturday, 01/27/2007 5:00:10 PM

Saturday, January 27, 2007 5:00:10 PM

Post# of 53791
entrails, Basically Virtra's SEC filing is based on private placements from before the summer and most of the filing was written prior to the Novemeber proxy. The grim outlook in the filing is a reflection of what would have happened had the proxy failed. Call it "worst case scenerio". The discaimers in the filing also relect the cautious attitude the General gave during his CC. Remember the "we may not be around" statement? Well now you know what they were reacting to when they said it. The filing just represents their making most of the recent bad news legal.

Moving on... production is shipping units as we speak. More interest is coming in. Invoicing is in progress and money will be coming in. The IRS situation is turning positive, among other items of interest.

10K is due out end of March and should be an improvement over last year. Keep in mind 1st and 2nd quarter are somewhat slow regarding PRs, but things usually kick up in the 3rd and 4th Qs.

As for my prediction in Dec that BC seems to throw in my face often? Well from what I can gather, there is a marketing strategy that I am not fully aware of and in many cases releasing news during a slow period and during that last filing would render any positive news moot. My prediction of 13c will come rue soon enough, probably toward spring/summer.

SF


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