VirTra Systems, Inc. (VTSI.OB) Third Quarter Revenues Increase 164%
VirTra Systems, Inc. (VTSI.OB) has announced unaudited fiscal results for the third quarter that has ended September 30, 2007. During this period, total revenue totaled $1,222,325. This figure, compared to the value of $462,921 that was reported during the third quarter of 2006, represents an increase of 164%. Furthermore, net loss for this quarter was $318,388, or $0.00 per share. VirTra System's net loss reflects a onetime accounting charge for the 2007 Employee Stock Option Plan of $413,455; had it not been for this one time charge, the third quarter's balance sheets would have shown an overall net gain. Major…