VirTra Inc (VTSI)

[KauaiPI]

Al~tftr~logical and concise...to the point... I like that!

We all agree VTSI needs to consumate substantial sales within the coming months. We all agree they have a superior product. Most believe Kelly has assembled a competent sales team with Jerry Long running Domestic and Mike Kitchen International. The 6 million dollar acquired debt (from Ferris) was acknowledged as an "800 lb. gorilla". It is a fact that a major rift in the original management team has created 3 million + shares in selling pressure, along with highly questionable actions by Messrs. Aleckner and Loesberg.

I think we all in agreement on these points...

Where we differ is I sense that Kelly & company firmly believe they can orchestrate sales to overcome these obstacles, along with the "Dutchess financing" that you find untolerable. How do the emerging companies you invest in overcome their funding needs at VTSIs stage of development??

We don't differ here... I also feel that Kelly & company firmly believe they can orchestrate sales to overcome these obstacles .... and I don't feel the "Dutchess financing" is "untolerable". I do feel that when it (2M+ shares) is dismissed as being a small factor in the downward share price that it should be re-examined and that Kelly's comment about not feeling it is a factor should be questioned and also examined. I never said they were not a "good partner" nor that the deal Kelly arranged wasn't in the best interest of the shareholders. At least I don't recall saying such. Where did you see in my posts that I thought the "Dutchess financing" is intolerable?

How do the emerging companies you invest in overcome their funding needs at VTSIs stage of development??

Truly I try to avoid emerging companies that are under financed and highly leveraged and those that are merely "story companies". In so doing I usually avoid risk and problems... and sometimes large profits lol ... VTSI is one of the few I have a position in. I have worked hard in understanding their story and product and what I have seen I like. I hope I have made that clear and that I am currently LONG and rating them a hold. Where we differ, I think, is that you consider them a buy while I do not. One of us is wrong. If I am wrong, I will still prosper. If you are wrong...

As I have stated previously, at .25/share with a moderate OS, superior product, focused management team, in the initial stages of marketing their product, is worth following and IMHO accumulating.

Definitely worth following.... as to accumulating, well, that again is where we currently differ. Holding is were we agree.

Based on the share volume today, would you agree that more people are holding than accumulating? As I said, Kelly's "presentation" at the CC was good based on the hand he held. Even with his comments to the effect it will get worse before it gets better was IMO valid and should there be not the sales (time line) you have projected then with all the other factors I have mentioned, I see downward pressure. Do you see it differently?

best!
kp
PS Al; since you seem more like an investor who "likes" emerging companies rather than a speculator that is merely "gambling" on a venture's story... have you ever calculated the enterprise value of this company? I know it is not entirely fair to use such a matrix with most emerging companies but if we agree this is not like "most" then may I ask what figure you came up with?