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Re: SirFelix post# 9800

Tuesday, 10/05/2004 11:24:04 AM

Tuesday, October 05, 2004 11:24:04 AM

Post# of 54005
VirTra Systems Gains 9.38% Despite TheSubway.com Endorsement


Oct 4, 2004 (financialwire.net via COMTEX) -- (FinancialWire) VirTra Systems
(OTCBB: VTSI), which produces custom promotional virtual reality systems for
clients such as General Motors (NYSE: GM), gained 9.38% Friday to close at $0.35
on volume of 153,641, just under its average volume of 164,459, on the strength
of its announcement that it had sold an additional simulator to the U.S. Air
Force for its MacDill base near Tampa.

The gain was despite the company being "Pick of the day!" by
TheSubway.com, which often results in high volume but plummeting price.


The SEC, at http://www.sec.gov/cgi-bin/txt-srch-sec?text=tamburello&x=1&y=3 ,
has accused TheSubway.com and its parent company Capital Research Group, Inc.,
and principal, Charles Tamburello, of "dumping too close to the pump,"
as one observer put it. It is accused of "scalping," defined as selling
shares received for a tout in close proximity to the promotion.

CRG disclosed it has been compensated $15,000 for VTSI.

VirTra Systems was enrolled in Investrend Research's unique and pioneering
professional analyst program, which facilitates independent analysts to provide
financial coverage for shareholders and investors in companies that otherwise
would have little or no analyst following.

Investrend Research analyst Justin Canivet, CFA, in an Update December 8, 2003,
assigned the company a "Speculative Buy / 4" rating and a 12-18 target
valuation of $0.75. The company has since withdrawn from analyst coverage, and
the research is stale.

The Investrend Research program is the largest in the world and includes a
number of safeguards to reduce or eliminate conflict. These systems, including
media coverage and endorsements, may be accessed at
http://www.investrendresearch.com

There is currently no independent professional analysis of the company's
activities.

Investrend Research subscribes to the "Standards for Independent Research
Providers" at http://www.firstresearchconsortium.com, and adheres to the
Guidelines for independent providers jointly endorsed by the National Investor
Relations Institute (http://www.niri.org) and the CFA Institute
(http://www.cfainstitute.org)
The Dow Jones Newswires has stated that independent research has been growing in
credibility over the past 18 months, specifically citing Investrend Research,
and the New York Times has reported a survey by Charles Schwab & Co. reveals an
astonishing 78 percent of active stockholders now "value research from
independent firms over analysis by Wall Street firms with financial ties to the
companies they are rating." A survey at Investopedia reveals that 74.7% of
investors say that "legitimate fee-based research is objective and useful," and
70.9% say that a company that enrolls for "legitimate fee-based research is
making a positive statement about its investment potential."

At the time of enrollment, enrollment fees for Institutional coverage were
$23,400, and the fees were paid by the company. There are never any fees
associated with FinancialWire, which independently covers a wide range of
corporate news, including but not limited to those that are or have been
enrolled in Investrend's platforms.

Complete information about any company enrolled in an Investrend shareholder
empowerment platform, including those of its affiliates and independent analysts
and webcasters, including disclosures and disclaimers, is available at the
company's InvestorPower page at
http://www.investrend.com/company/list.asp?sPathParam=yes , and on each report
and press release, and investors are advised to read those disclosures carefully
before trading in the equities of any enrolled company.





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