VirTra Inc (VTSI)

[ByloCellhi]

The Real Facts

Don't let the facts get in the way of a good discussion. The figures below were taken from the company's SEC filings

You said: "the fastest way for a small company to become big is through mergers and acquisitions. Gamecom merged with Ferris they became Virtra a bigger company."

So based on this statement the revenue over the last 5 years or so should have increased dramatically I would assume...

Gamecom acquired 9/01

Revenue since 2000

2000 $3.4M
2001 $2.5M
2002 $2.3M
2002 Restated $1.1M (after sale of amusement park business)
2003 $1M
2004 $1.3M
2005 $700K to date - Estimate $1M??

Growth??? Looks like a reduction in revenue to me along with a ton of dilution

Outstanding shares:

12/31/01 32,931,842
12/31/02 37,331,448 4.4M share increase
12/31/03 48,568,628 11.2M share increase
12/31/04 60,438,152 11.9M share increase
3/1/05 60,859,064
11/4/05 64,201,398 31M share increase since 12/01

As of November 4, 2005, the Registrant had outstanding 64,201,398 shares