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Wednesday, 08/10/2011 8:56:44 AM

Wednesday, August 10, 2011 8:56:44 AM

Post# of 53899
Record quarter continues the serious growth. I'm not sure some of your expectations are reasonable, because if you didn't notice VTSI just posted a quarter with record growth. Yes they had to hire and increase overhead to stay in front of the growth, so costs are higher...but this is still a profitable company even despite all of the build out!

Take a look at the much larger facility VTSI needed to move into recently because of the incoming orders. Take a look at some of the recent job postings that are hiring people for military scenarios and such. Take a look at the sales team expansion and their new manager. The writing is on the wall, the future is bright and things are different than they were in the past. VTSI is installing half million dollar simulators in Gander Mountain retail stores nationwide and the response from every direction within Gander (search online) has been positive. This will not only improve Virtra's financials, but it will also be a springboard into additional sales and exposure. I realize some here have baggage still from the past, but seriously try to look at the last few quarters where all debt was removed, cash increased, sales increased, facilities expanded, a controller was hired for plans to list on a better exchange, and realize that this is not the same VTSI going forward. The shake up with Don is fine and better for the company as it seems there was internal friction anyway between he and the sales team.
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