VirTra Inc (VTSI)

[ByloCellhi]

My theory? NO - THE FACTS!!!

Here's the history of the Shares Outstanding:

As of 5/10/01 13,292.095
As of 7/31/02 35,771,931
As of 11/4/03 47,618,629
As of 11/15/04 52,261,235
As of 11/4/05 64,201,398
As of 5/10/06 68,313,600
As of 8/1/06 88,992,401
As of 8/20/07 108,395,712

Now that's dilution...

This does not include the shares going to L Kelly from the settlement to be issued, more needed for Dutchess and the debt due from the filings. Other than that all is well.

With the current # of shares as of 8/20 the company needs Net Income of almost $1.1M to make a penny a share of EPS. When will the company be profitable???

I post the facts from the company SEC filings and make opinions based on them not pie in the sky.

Take care