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Re: SirFelix post# 35186

Thursday, 05/02/2013 7:24:22 AM

Thursday, May 02, 2013 7:24:22 AM

Post# of 53792
Then the obvious reality is that Virtra never becomes more than a two bit player in the worldwide marketplace unless its swallowed up by a much larger entity that has the connections.

Virtra's technology has been out for long enough so that most potential users already know about it. They've done the shows, word gets around, yet sales don't really go anywhere compared to their competition.

Add in the inevitable decline of defense budgets and state and local cutbacks as the economy slows and where does that leave Virtra?

Annual sales, 000's.

2007 2008 2009 2010 2011 2012
2015 2424 4349 6419 7862 8829

Profit in 2012 of $113,000 is unnoticeable with the number of shares outstanding.

Definite growth, but the SP has gone nowhere over that time frame.

So where does Virtra get the revenue and profit to make us some REAL money?

Andy
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