TEMPE, AZ – June 30, 2009 – VirTra Systems, Inc. Bob Ferris, VirTra Systems’ CEO and president (OTC:VTSI.PK), today announced VirTra has just purchased 5,000,000 shares of its common stock.
The stock was originally issued to General Perry Dalby, who sold it to Pine Springs Capital. VirTra Systems purchased the shares from Pine Springs Capital. The shares are to be retired and therefore will decrease the number of shares outstanding.
In an unrelated transaction, VirTra recently sold 1,000,000 shares of stock for proceeds of $35,000. Revenue from transactions like this will likely go toward fees associated with upcoming tradeshows.