VirTra Inc (VTSI)

[ByloCellhi]

Greg

Understand on the picks

Kelly said:

"we are utilizing the funds to bring on additional staffing to perfect items we know the military wants: our tetherless recoil weapons, our hybrid-CGI self-authoring software, our Razor-tracking weapon system, which will ensure that we have the most accurate weapons tracking system available, again something we know that the military wants, and to garner an array of training weapons for almost immediate delivery. The funds will also be built to produce a couple of smaller systems which are approaching being ready for immediate delivery. (Additional: A portion of the funds will go to) produce specifically-requested training scenarios."

You said: "True they will need working capital but their system is already superior to any training system out there. They are just increasing their technological lead with these changes."

If they are already superior to anything out there then where are the orders. In addition, Kelly's message says the products are being enhanced with additional features the army wants - sounds like they are not there yet. Superior based on what standard? Has an outside study been conducted or is this purely from the company literature? Do the companies getting the contract awards have the features required?

Take care