0001493152-19-003698.txt : 20190321 0001493152-19-003698.hdr.sgml : 20190321 20190321160523 ACCESSION NUMBER: 0001493152-19-003698 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20190320 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20190321 DATE AS OF CHANGE: 20190321 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VirTra, Inc CENTRAL INDEX KEY: 0001085243 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-AMUSEMENT & RECREATION SERVICES [7900] IRS NUMBER: 931207631 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38420 FILM NUMBER: 19697072 BUSINESS ADDRESS: STREET 1: 7970 S. KYRENE ROAD CITY: TEMPE STATE: AZ ZIP: 85284 BUSINESS PHONE: 4809681488 MAIL ADDRESS: STREET 1: 7970 S. KYRENE ROAD CITY: TEMPE STATE: AZ ZIP: 85284 FORMER COMPANY: FORMER CONFORMED NAME: VIRTRA SYSTEMS INC DATE OF NAME CHANGE: 20020628 FORMER COMPANY: FORMER CONFORMED NAME: GAMECOM INC DATE OF NAME CHANGE: 19991103 8-K 1 form8-k.htm

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): March 20, 2019

 

VIRTRA, INC.

(Exact name of Registrant as Specified in Its Charter)

 

Nevada   001-38420   93-1207631
(State or Other Jurisdiction   (Commission   (IRS Employer
of Incorporation)   File Number)   Identification No.)

 

7970 S. Kyrene Rd.    
Tempe, AZ   85284
(Address of Principal Executive Offices)   (Zip Code)

 

Registrant’s Telephone Number, Including Area Code: (480) 968-1488

 

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

[  ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
[  ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
[  ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
[  ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

 

Emerging Growth Company [X]

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [  ]

 

 

 

   

 

 

Item 8.01 Other Events.

 

On March 20, 2019, VirTra, Inc. (“VirTra”) issued a press release announcing that it has launched its driving simulator product line and, in conjunction, has secured a $1.9 million inaugural contract for driving simulators from the Department of State for the Republic of Mexico.

 

A copy of this press release is attached hereto as Exhibit 99.1 and incorporated herein by reference. The information contained in the websites is not a part of this current report on Form 8-K.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit No.   Description
     
99.1   Press release of VirTra, Inc. dated March 20, 2019.

 

   

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  VIRTRA, INC.
     
Date: March 21, 2019 By: /s/ Robert D. Ferris
  Name: Robert D. Ferris
  Title: Chief Executive Officer

 

   

 

 

EX-99.1 2 ex99-1.htm

 

Exhibit 99.1

 

 

Driving Simulators Added to VirTra’s Product Line and $1.9 Million Contract Award Secured from the Department of State

 

TEMPE, Ariz. — March 20, 2019 — VirTra, Inc. (NASDAQ: VTSI) (“VirTra”), a global provider of training simulators for the law enforcement, military, educational and commercial markets, has officially launched its driving simulator product line and, in conjunction, secured a $1.9 million, inaugural contract for driving simulators from the Department of State for the Republic of Mexico.

 

VirTra has worked in tandem with its strategic partners to develop a vehicle-based simulator, complete with next-generation graphics and a variety of other competitive features. The system is designed to provide a next-generation, safe and reliable environment for efficient skill transfer for law enforcement driver training. Under the terms of the agreement with the Department of State, VirTra will deliver 11 driving simulators to the Republic of Mexico over the coming year. The majority of the $1.9 million in revenue is expected to be recognized later this year.

 

“VirTra’s focus remains on effective training for our customers and our expansion into driving simulators for police is a natural extension of our product line,” said Bob Ferris, CEO and Chairman of VirTra. “It is incredibly encouraging to see our first significant order for this new simulator come from a long-standing customer. Previously, we have successfully deployed 54 simulators to the Republic of Mexico, and we are happy to be adding to that number with a new type of simulator. I’m incredibly proud of the work the team has done on this product, and we look forward to the many benefits our customers and stakeholders will receive from this new driving simulator.”

 

About VirTra

 

VirTra (NASDAQ: VTSI) is a global provider of training simulators for the law enforcement, military, educational and commercial markets. The company’s patented technologies, software, and scenarios provide intense training for de-escalation, judgmental use-of-force, marksmanship and related training that mimics real-world situations. VirTra’s mission is to save and improve lives worldwide through practical and highly-effective virtual reality and simulator technology. Learn more about the company at www.VirTra.com.

 

Media Contact:
Susan Lehman

Slehman@virtra.com

510-599-6555

 

Investor Relations Contact:

Matt Glover or Charlie Schumacher

VTSI@liolios.com

949-574-3860

 

   

 

 

 

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