Quote: “The state of my emotions and your perceived diagnosis of my mood had nothing to do with labeling your post "the dumbest YTD 2012". “
Bill,
First off, let me apologize for getting personal with the “emotional” comments. Out of line and not my business, and there is no way I can make that kind of assessment with message board chatter. With regards to my “grateful” comment and your "the dumbest YTD 2012" comment; both are personal opinion, and for me the juice isn’t worth the squeeze to debate it. It is my opinion we will see a PR on the LM sale; Virtra has pretty much broadcasted that fact on their website’s PR calendar.
Quote: “As for your buying shares at these low prices, you will see that 72K+ shares were traded today. Apparently you and your bargain hunter friends were on the sidelines as usual.. Put your money where your mouth is, my shares will cost you a hell of a lot more than .072.”
I am a bargain hunter and I’m pretty good at it. I recently purchased some Virtra in the low 5s and flipped it for a quick profit, but I’ve continued to hold a substantial position that took me over a year to build. When I decided to invest in Virtra, I had a vision of what I thought was possible in a couple years’ time and that vision is coming to fruition. I’m prepared to throw a little more money at Virtra with confirmation of audit, appearance of a management team that has strengthened their vision and strategy, and the LM partnership as well as some other partnerships that appear to be emerging.
Quote: “We do agree on one thing. The LM relationship could provide a big lift to VIRTRA if anyone knew about it.. As for your comment that you KNEW that GM/VTSI was a loser from the beginning, I would really like to know how you arrived at that conclusion so quickly, because the rest of us dummies were really counting on a giant score...”
I’ve been to LM’s Global Training and Logistics Center and seen their toys. If Virtra is getting a gig at this facility, I can assure you the word will be out and people will know, PR or not. Most importantly, many people, many countries (mil and non-mil) will come to know Virtra’s products which equates to sales. The last time I was at LM’s facility in Orlando was early 2010, and they had nothing in their toy room for small arms simulation and range simulation. I suspect Virtra will be LM’s first display/demonstration in this arena at the Orlando facility.
With respect to GM, I never said it was a loser and I have been thrilled by that arrangement, but I don’t view the Virtra products as being optimized for commercial application in their current configuration. My DD on GM in order to come up with sales projections predicted the peak Virtra installations at 30-40 units based on local population, GM foot traffic and store revs. Additionally, GM is struggling financially and has been for a few years. The competition with Bass Pro and Cabellas is fierce, and GM just doesn’t have the capital to roll out dozens of these multi-million dollar facelifts, and the addition of an academy at $1.5M+. The talk on this board about 100+ Virtra installs with GM was way over the top IMO.
IMO Virtra could do 10-20+ systems a year with LM, with a potential for many more. GM wouldn’t and couldn’t ever achieve numbers like that. The only way Virtra can do that is through international LE and Mil sales. LM can help them do that. In my view, the best thing that came out of the GM deal is that they proved to themselves and others that they could ramp up the manufacturing capacity significantly. I’m sure that was an important factor to the LM relationship coming together, though I get the feeling, LM may take on some manufacturing if required. Peace and GL!
AI
