Thursday, August 04, 2005 2:36:50 PM
The mention about a beer referred to the company's original business "brewpub/microbrewery". See portion of their SEC filing below - 15 minutes vs 18 mos. LOL
You said: "No US government purchasing agent lost their job by maintaining status quo. Only when the end user points out the need for new, better technology will the purchasing agents begin to fill out paperwork for VirTra. Changing customer behavior (especially US government behavior) will take time.
I AGREE AND HAVING BEEN SAYING THAT FOR QUITE SOME TIME - MY LOCKHEED MARTIN ANALOGY
BEER REFERENCE:
From the company SEC fuling:
"Overview. The Company was capitalized in 1996 to develop, own, and operate theme brewpub/microbrewery restaurants. Until March of 1997 when the Company acquired, and July 1, 1997 when the Company began operating, the former Hubcap
Brewery & Kitchen in Dallas, Texas, the Company had no operations or revenues and its activities were devoted solely to development. However, since the acquisition was accounted for as a pooling of interests, the results of
operations of Hubcap Brewery & Kitchen were carried forward into the Company's financial statements and accordingly the 1997 financial statements reflect a full year of operations of that business. In January, 1999, the Company terminated its brewpub/microbrewery restaurant operations. It is anticipated that the Company will in the near future place First Brewery into voluntary liquidation under Chapter 7 on the Bankruptcy Act."
These are my personal comments, observations, opinions and should not be relied upon for any investment decisions, and as always read the SEC filings for the facts of the company
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