To OTC Journal Members:
 

VirTra Systems (OTC BB: VTSI) Delivers Major New Business Win

VirTra Systems announced a major new business win just after the market closed today. The timing couldn't be better if you are looking to establish or add to a position, as the stock was about 25% higher two days ago.  Buy low and sell high is the plan - or at least tip the odds in your favor by identifying the ranges.

Since first covering the company in the July 15th edition, the stock has been range bound between $.09 and $.15. When the company announces progress in marketing its new "Use of Force" simulators, I fully expect the stock to break solidly out of its current range and head for higher ground. Violence seems to be escalating around the world, and VirTra Systems has developed the best 360 degree virtual reality "use of force" training simulator. The market is enormous, and their recent new management addition should bring in the business (click here to read the press release).

Today, the company announced it has added a third major customer to VirTra's other market, the entertainment and promotions side of their business. This new customer joins the Pennzoil "Vrooom" truck which is a virtual reality engine tour and NASCAR race car driving experience, and Red Baron Pizza, which offers a virtual reality World War I fighter plane flying experience.

The customer, who is unnamed for competitive reasons, has chosen VirTra Systems to develop a panoramic helicopter ride of scenic areas in the Southwestern US.

The press release goes on to disclose that VirTra Systems will be incorporating a new "state-of-the-art" technology that significantly enhances the users' field of view. President Bob Ferris states: “The process uses revolutionary delivery techniques and high-definition filming.  The new technology represents yet another quantum leap forward in what the user actually ‘sees’ during the experience, and opens up an entirely new channel of business opportunities."

As you can see from the support trend line I have included on the chart, VirTra Systems has been managing to set a pattern of higher lows since we starting covering the company in July. Each time investors bought on the trend line, they were rewarded with a surge to the upside. 

As with several of the companies I am currently covering in the low priced end of the market, management at Virtra Systems is extremely optimistic about the immediate future, and is experiencing a pick up in activity and order flow along with the general business climate.

If this company continues to provide positive fundamental developments, the stock will eventually break through the upper end resistance of $.15, and could scamper to $.25 in short order. 

I'm not sure when it will be, but if you're not on the helicopter when it takes off, you won't get to enjoy the ride.
 

Here is the complete text of today's news release for your review:
 

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