Thursday, March 18, 2010 8:33:34 PM
Last I reported, I attended ITSEC and met Ferris and JT Shaeffer. Good guys and a business focus approach--no glitz or glam but did get a few cool Virtra t-shirts I wear proudly. Entered the 300 degree sim and found it a genuine top-notch product. Many competitors used computer-generated graphics and some weapons had little joysticks on them. Ours is no video game.
Living in Central Florida, we are the hub of the Sim world. We have LMT here and a host of other sim companies. I see stories about orders for so many companies here. So in today's Orlando Sentinel, there is an article speaking of the Saudis ordering sims from Cubic, a company here in Orlando. $30 million dollar order for small arms sim for the Saudis, called the Engagement Skills Trainer 2000-Supposedly, there are 1000 units sold to US military amd other customers already. Cubic even partnered with a Saudi company to provide buildings and maintenance support.
30 million dollars and we see orders for 250k and we are excited.
I have always spoken of patience but I question how long can we be patient when all around us, companies are making these large deals and we are not? I am not selling my shares but just figured I would comment on the competition.
Lawyerboy
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