VirTra Inc (VTSI)

[imawswami]

AKFish...Concern? 4 not reaching 10X from here!?

AkFish, like your style, but heck, would be more than satisfied if, based on fundamentals, we first leveled-off at .10 for awhile.;^)

Would not normally touch a pricing post, or a TA one for that matter, with this exception: They ask, "your thoughts?"

Personal Thoughts:

Focus on astronomical price targets is missplaced. Price and performance (sales) in the land of the OTC is typically mutually exclusive. Thus, Lockheed contract would not be necessary to attain such a goal.

Look at what MOMONK's Den did to a stock this month:

Cascadia inc. (CDIV) without any corporate fundamentals, on a whisper of potential (buying an internet site), easily glided past the 10X mark.

This is all really rather rhetorical on this end, as am sure we all have seen this kind of stuff on the small boards. Just as am equally sure that you have not recently purchased this stock (or contemplated the act) in anticipation of a ...
MOMO play.

No, we are all here because NicoleMarie is absolutely right.

God bless'em, this stock has great financials. A sample:
--------------------------------------
Total Cash (mrq): 495.59K
Total Cash Per Share (mrq): 0.004
Total Debt (mrq): 12.65K
Total Debt/Equity (mrq): N/A
Current Ratio (mrq): 0.394
Book Value Per Share (mrq): 0.041

Operating Cash Flow (ttm): 566.03K
------------------------------------

So, if Nic is right, why does VTSI trade at less than book value per share (close of .04), on a trend of improving fundamentals? Answer: N/A -but that reality is why we are all here......

AKFISH, for myself, the real question being asked here is this:

"What could provide dramatic growth for VTSI's financials?"

You've eliminated the easy LM option, so short of receiving 10X the current orders from various law enforcement or international military entities in a condensed period of time....

VTSI would have to introduce their product into a new market channel which has:

1.) Limited to ZERO exposure to the type of product Virtra peddles.

2.) Handicapped to ZERO competition upon entry & for an extended period of time.

3.) Rapid & Strong consumer response that builds on itself longterm.

4.)Expandible offering existing or readily producible (line extensions) to feed/expand customer base.

5.) yada yada yada.....

AKFish, the Answer to our mutual 'concern' is.............

Threat Dynamics

http://www.threatdynamics.com/civilian/calendar/

No competition, rapidly growing, exclusively Virtra's
and God Almighty, am praying it's time has come!

AK, no disrespect intented with this post, just an honest answer.

And NIC -hope you hang in there with this company. Watch the industry along with those Virtra financials. Knowing what we hold will get us through the illogical point of holding a market leader (in product characteristics), in a high growth industry.....at below book value!

http://www.policemag.com/Print/Articles/2009/04/Virtual-Reality-Training.aspx


nite all.
p