VirTra Inc (VTSI)

[ByloCellhi]

KP

Good questions:

And weren't they paying vendors with "cheap" shares? And if the family is selling shares, I wouldn't imagine they are going to be tapped for a loan. Did anyone ask Kelly or address where the funding will be coming from if Dutchess isn't drawn against? Did anyone ask Kelly if he has been putting more money in? Hearing they are capable of producing 100's of units a month would seem to imply that they have money to spare but has that ever been the case? I guess I just found it hard to believe that they have turned the corner and righted their financial ship so quickly. If that were the case it would be great news! The skeptic in me, however, finds that hard to believe LOL I mean, I am assuming they didn't say they were cash flow positive for December <g> ...did they project any further out than merely January?

From the company's SEC filing for Q3 ending 9/30/03 they did have to use overdraft to pay bills in Q3.

It is Verrry difficult for a company to move from the BB to a real exchange NASDAQ or AMEX (AMEX is the easier one to get to). The # of examples are very few who are able to make the move. Most companies get there via IPO direct to those exchanges then move up to NYSE once they qualify.

Many people were won over by many people during the irrational exhuberance bubble a few years ago. You need to understand Kelly has a major stake here and will always put a positive spin on things - like he has with his Letters to Shareholders over the last 4 years after every release??? But people don't question anything and drink the Koolaid. True DD is seeing what other companies products are as well. Now the timeframe is another 2 years out. What is the opportunity cost of having $ tied up here for the last 3 years or so. Just a thought.

The company needs profitable revenue and I look forward to the next filing and future press releases. Just a little dose of reason vs blind faith.