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MikeDDKing

09/18/14 10:06 AM

#271222 RE: MikeDDKing #271221

Here is a short VTSI thesis:

1. VTSI was just awarded a $6M contract - http://investorshub.advfn.com/boards/read_msg.aspx?message_id=106386095

2. VTSI received $2.2M in orders in August. For comparison purposes, VTSI revenue in the most recent quarter was $2.1M. - http://finance.yahoo.com/news/virtra-firearms-training-simulator-orders-110500314.html

3. Bellevue announced that they are purchasing $341K of equipment from VTSI on September 8th. - http://investorshub.advfn.com/boards/read_msg.aspx?message_id=106364983

4. VTSI made $0.01/share in the trailing 12 months on revenue of $9.8M. So, their trailing PE at the time of our purchase was 6. With the orders on hand I expect that they will well exceed their TTM revenue and earnings.