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Thursday, 08/11/2005 11:39:54 AM

Thursday, August 11, 2005 11:39:54 AM

Post# of 53845
Ceres

Yesterday:

I changed my mind. This stock is f**ked. It seems that the CC (over one month ago) was just a load of B.S. I don't care who you are -- all of Kelly's optimistic statements (I don't need to list them all) and what happens???....$500k equity line draw from Dutchess b/c VirTra has been duped by competition and missed out on Supplemental Budget dollars/orders for simulators. To say that Kelly Jones is simply optimistic is ridiculous. He is either a bold faced liar or a naive moron. So are his shareowners, including me, who swallow his b.s. every time he opens his mouth. If Kelly is such a good communicator, how come he doesn't let shareholders in on why practically all projections for July have been inaccurate? The fact is, Kelly is not a good communicator. He keeps everyone in the dark about what really is going on. Has he ever admitted to losing a contract or being unrealistic in his projections? No. He passes the buck whenever anything does not come to fruition. (EXAMPLE: How long did he use the supplemental budget excuse for the delay on "promised" system sales?) Every explanation is "VirTra has not LOST any contracts" or "Delays are common for these orders". Let me say one thing, Kelly Jones and VirTra's days are numbered. Insolvency and/or the equity death spiral is soon to take hold. Good luck longs...

Today:

I want to apologise for my rant yesterday. Please understand that my views at any time are not how I feel on the aggregate --but merely thoughts which are on my mind. I simply HATE the thought of being misled or patronized in business. I have high hopes for Kelly Jones and VirTra Systems. I still hold my investment in VTSI, and plan to keep it for the long term.

What a difference a day makes...time will tell - your original thoughts are probably what most think but obviously do not want to criticize their investment. The natives are restless with bacically no news since the 6/30 con call. The interesting part to me is most would have sold their position prior to ripping the company a new ahole - lol






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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