To OTC Journal Members:
 

VirTra Systems (OTC BB: VTSI)- The First Big Step to Sales Traction Announced Today

What a week. August is generally dead. This August is very much alive. The companies I am currently reporting on are delivering some very exciting developments, especially in light of the normally slow time of year.

It seems as if there is an enormous pent up energy for business expansion. After a three year bear market and economic recession, low interest rates coupled with a noticeable lack of horrifying geopolitical tragedies have worked their magic. It's as if someone said "gentlemen, start your engines", and then waved the checkered flag. Small companies are accelerating off the starting line and jumping back on the investment/expansion bandwagon after three years of merely surviving. I have spoken with every one of the CEO's at the companies I currently report on, and all are very optimistic about the immediate future. If they execute, it will eventually translate into price appreciation in their stocks. 

Last week it was Irvine Sensors with the most ambitious product launch in their twenty year history. This week Network Installation and Imaging Technologies delivered major new contracts. Today, it is VirTra Systems, delivering an announcement concerning the key component they needed to get traction in their new line of business: Judgmental Use of Force Training Simulators using the virtual reality technology the company has perfected.

The Use-of-Force simulator market is huge and growing along with terrorism and the international turmoil. Competitors with inferior products who were earlier to market have seen sales grow dramatically in past years. Firearms Training Systems, with their simple two dimensional simulator, does about $40 million in annual sales. Interactive Training, Inc does business in 40 countries and also enjoys millions in annual sales.

Pictured here is the portable version of VirTra System's new 3d use of force training simulator; the only one on the market providing a true 360 degree training environment, complete with sight, sound, smell, and the trainee's ability to use the actual weapon to be used in the field, not some plastic version. They have the product. The next step is sales coupled with price appreciation in the stock. Today, they made a major step in that direction:
 

VirTra Systems Hires "Best of Breed" Sales Manager

Today, VirTra Systems took a quantum leap towards getting the new Use of Force Simulators to market. VirTra announced it had hired Michael Kitchen to head up the national and international sales force for this brand new product line.

According to the press release, Michael Kitchen jumped ship from competitor Interactive Training, Inc to join VirTra Systems. The press release further stated that "Mr. Kitchen and his worldwide distributor network have sold several hundred simulators to military, security, and law enforcement agencies in over 40 countries."

Apparently, Mr. Kitchen feels the VirTra has developed a "better mousetrap". In the press release, he states that "I'm convinced the company will soon lead the industry with our 360° multisensory situational awareness and judgmental use-of-force firearms training products.”

I'm still a believer that Virtra Systems can easily find its way into the $.20 to $.25 range if and when they begin to sell these new systems. The stock tripled off the lows after they unveiled this new line of products. They now have a sales manager with an extraordinary track record in 40 countries including the United States. The stock will undoubtedly gain traction along with the company. Along the way you look for little clues which could lead to success. The company delivered a pretty big clue today.

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

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