Al, Yeah I also know the feeling on buying shares based on Industry, Bobs hopes and recent hires. Will this company meander along or does Bob have the BALLS to make some changes for the sake of the company and us shareholders. Here are a couple recommendations. Maybe more to follow....I don't really like to express my personal feeling on message boards...Keep it mostly factual, but things need to change for the better.
Get a real CEO, IMO Bob is not a manager of personel or visionary nor does he have the connections in the Industry. He needs to step down and do what he does best....Chief Technology Officer. We need someone who's business savy, Understands people, can build long lasting relationships, and drive sales. Military or law enforcement backround is a must.
Remove Brown from the BOD and replace him with an industry expert....Brown adds no value to the company.
Remeber this letter in september....I't sound good but nothing has come of it. Bob!!! whats Virtra's vision!!!!!!
letter from Bob Ferris 14-Sep-11 08:19 pm Dear Fellow Shareholders,
The news yesterday was clearly a significant event in the history of the
company. We should all be proud of the issuance of the first
simulation-related patent awarded to VirTra for one of our most innovative
and successful products. This tremendous success would not have been
possible without the vision and dedication of VirTra’s staff, customers, and
longtime shareholders.
I personally want to thank each and every shareholder who has supported
VirTra through the years and who helped make yesterday possible. With this
patent, VirTra will exclusively offer a substantial advantage for any agency
that wants realistic and effective life-and-death simulator training.
A patent can be a very powerful force when it comes to simulator sales.
Government customers who desire a patented device can legally and
appropriately submit a sole source contract to the patent holder, VirTra
Systems. In other words, if a customer decides they want VirTra’s
simulators with patented Threat-Fire™ devices, they can submit a sole source
contract to avoid wasted time –with a bidding process, when the contract can
only be legally awarded only to the patent holder (sole source). While
VirTra received a U.S. patent, the effect will be felt worldwide. The sole
source justification will also strengthen the position of our world-wide
distributors and assist in our development of distribution channels to new
markets in the months and years to come.
In recent months and years, a tremendous amount of work has been occurring
at VirTra to advance the value of our products to our customers, the value
of our business, and the value of our stock. Much of the work cannot be
made public until it has concluded. However, I look forward to sharing each
success as I am permitted.
As the largest shareholder, and also someone intimately familiar with the
inner workings at VirTra, I can tell you we have never been so blessed with
opportunities.
VirTra has some of the finest shareholders in the world and I thank each one
of you for staying the course. This patent issuing is a solid success for
VirTra, but there is still much more to accomplish.
Best regards,
Bob Ferris
CEO/President - VirTra Systems
