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Tuesday, November 01, 2005 6:25:06 PM
THESE ARE NOT FROM KELLY OBVIOUSLY BUT....PURE PARODY MY ATTEMPT AT RESPONSES - ENJOY BUT SOME SOUNDS FAMILIAR
My questions. Meat for the wolves. Tear it up guys.
1. Kelly, at what point in the past 18 months did you finally realize that the share price is not reacting to lack-luster sales and your reorganization efforts and what actions will you take to increase shareholder value within the next 3 months? I relied upon the pipeline provided from my sales execs but at the end of every month when the actual sales came in far below expectations I knew we would not meet the target. I continue to being extremely enthusiastic about our prospects and I have never been more encouraged by the progress made to date. We will be profitable next quarter even though I said we would be for many previous quarters
2. Do you admit that this merger is a last-ditch tactic to improve the company balance sheets thereby increasing the company's chances of moving to a larger exchange, hence, improving company image toward getting those government contracts? I have no idea why they agreed to be acquired - they are very anxious to be part of a public company and we can provide that for them. Last ditch tactic - what kind of a question is that - please rephrase. I will NEVER give up - if we fail in this endeaver we will do whatever it takes to suceeed.
3. Virtra has tried many things to increase market interest in its stock. Virtra has changed business plans a few times, management cleaned house and hired the "right people", debt was reduced and many leaseholder lawsuits avoided, provided the best technology to the market, created 2 excellent websites, flooded the media outlets with your story, attended many trade shows, and now will begin the merger process. Whats left? Whats left that can be done to improve the foundation of this company? If everything is in place, what ideas do you have left to try? To be honest I wish we still were running the beer brewery because that was the best BEER in town and I still do not know why it did not succeed. After all the hurricanes if this fails have explored in the boardroom of opening up casinos - big $$$ in them. Two excellent websites? Thank you but they only cost us $100 to the local IT guy to make them. Flooded the media - we took out a couple ads and gave stock to some hype sites
4. What is the status of these "company changing deals"? Be honest, will it ever happen now that budget funds are dwindling? We have never lost a deal in our history!!!!!! There are coming - keep the faith
5. Many months ago, you blamed weak stock prices on ex-employees selling shares on the open market. What will happen to your reorganization plans in 2006 when ex-leaseholders begin to do the same thing? What can you do to stop the bleeding? GD leaseholders - we got them from the Ferris deal. Is it a year already - we have a ton more shares to chew through - we'll be ok though - trust me!
6. Were sales estimates within the last 18 months over-stated? Are your expectations too high? If not, when, in months, do you foresee reaching your expectations? See ans to #1 - please do not repeat yourself
7. Can you, Kelly, mentally step away from your position, take off your CEO cap and tell us, from an investor's point of view, if Virtra Systems is a good investment and why should we keep our money in this company. Answer - we have many irons in the fire - I have never been more excited about this company. An investor's point of view - this is a slamdunk - suggest you take out a 2nd as this stock is going to the moon!!!
I love answering shareholder questions and allowing you in the boardroom - this is a very exciting time for the company!!!
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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