Yesterday afternoon we mentioned that VTSI.OB share prices were moving upward powerfully. Today the stock made an explosive move to $0.24 for 50% gains since just yesterday’s close and 300% gains from a low made towards the end of December.
In October of last year VirTra Systems launched a new mobile live-fire small arms training simulation trailer product. The simulation trailer is based on the Company’s successful IVR simulation technology, which offers a full-featured judgmental-use-of-force scenario and three-lane marksmanship/target simulator.
The VP of Simulation commented, “Demand for such mobile live-fire trailers is considerable both domestically as well as internationally. The military and law enforcement agencies have increasingly employed these mobile live-fire trailers as a cost-effective alternative to fixed installations because they allow live-fire training anywhere, at any time-of-day, in any weather. In addition, its mobility allows agencies to provide critical training to personnel over a wide geographical area.”
The CEO also added, “We remain committed to offering the training community innovative, high-tech, immersive small arms training simulation products at extremely competitive prices. VirTra Systems is now well-positioned to become the preferred vendor for fixed, mobile, laser-based, and live-fire immersive small arms simulation training.”
The new product has already received multiple bid requests and the company anticipates augmenting sales from both military and law enforcement agencies.
Let us hear your thoughts: VirTra Systems Message Board