Replies to post #20800 on VirTra Inc (VTSI)

[SirFelix]

The last time Virtra came out of their late 2003/2004 slump the company moved from 10c to 45c while doing 3 things:
1. Lots of new sales and from new customers.
2. Lots of promotion and publicity.
3. Got rid of the debt and improved the books.

Here is the 5 year chart:
http://finance.yahoo.com/q/bc?s=VTSI.OB&t=5y
Here are the PRs:
http://www.virtrasystems.com/pr_press_releases.cfm?refer=1

Here is one:

VirTra Systems Retires Debenture
December 16, 2003
Arlington, TX - December 16, 2003 - VirTra Systems, Inc. (OTCBB: VTSI) today announced that the company has fully retired its debenture obligation with Dutchess Private Equities Fund, L.P., of Boston, Massachusetts.

The financing arrangement, announced in July of 2002, totaled $5.45 million, in the form of a $450,000 convertible debenture and a $5 million equity line. Under the terms of the equity line, VirTra Systems, at its discretion, has the option, but no obligation, to require Dutchess to purchase up to $5,000,000 of common stock from the company from time-to-time in amounts determined by the company.

"We are naturally pleased to announce retirement of this obligation on the heels of our fourth consecutive quarter of improving financials," commented L. Kelly Jones, VirTra Systems' chief executive officer. "This is another milestone in our trek toward corporate profitability and solid shareholder value."

[ByloCellhi]

David

You are the best. The stock is up 25% because it is up $.01 - yes one red cent or a cent and a fraction - OMG! Up to $.05 - that's awesome baby.

I think gloating would be due on a 25% move from $10 to 12.50 but that's just me...

In your example you referred back to 2003 - well in Nov 2003 there were only 47M shares oustanding versus what there is now.

Question to you or anyone what is the total shares outstanding right now?

Take care