VirTra Inc (VTSI)

[imawswami]

Learned...am just as pleasantly perplexed.

And the reason was apprehensive about posting this stuff from the beginning. What a fantastic structure, and the computer renderings of the office interior make quite a statement to me.


Is this an envisioned project for way down the road?
A nearterm remodel of an existing structure?
Have they started?
Have we grown that much?
etc.

L, what is known:

Virtra's lease on the current building is up in November.

This rendering is for 30,000 sq. ft., which is nearly 4X current digs. Even if this project never sees light, there has to be a reason for establishing the parameters of size.
Anticipated growth defines projected production space.

Virtra's current bill on facilities is $8000 a month. That equates to $1 dollar a square foot, or just under $100K a year. Looked at another way, the gross profit from the recent sale to Bellavue W. (including threat fire belts) would cover the majority of that cost.

Have no idea what it would run to lease a pad like we just viewed, but it sure looks like it would take a lot of system sales to cover that nut...lol.

So maybe that won't be such a biggee in the Future for Virtra