VirTra Inc (VTSI)

[Pinks]

W:

I respectfully believe you might be confused. They didn't apply all this expense against income. (These expenses had already reduced prior income.)

They capitalized all this expense, meaning that they unilaterally decided to add $6.6 million of intellectual property value to the company's assets (the balance sheet).

This would never, ever be approved by SEC financial auditors. But, it's not a problem if you're on the unaudited pink sheets.

I hope this stock goes through the roof, but it's difficult when the financials are based on quicksand.