A reverse split will not work. For 95% of the companies out there who attempt this it does not work. Virtra is no different. I really don’t know why some of you feel that Virtra would be different in that aspect. I feel I can vouch for most of us when I say I am already down on my original investment and with a R/S it would just make it that much worse. The price will not stay above a dollar. There isn't enough momentum nor investor confidence in this stock to keep it above a dollar. We need to see a CEO care about his investors first. We need to see a company who is much more consistent in revenue growth and a company who is much more transparent and informative to its investors.
When Virtra sells a shooting range or screen simulator do they also sign the customer up to a quarterly maintenance plan or a monthly video rental plan that allows them to download new scenarios? I think this would be a steady source of income each quarter.