UNITED
STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
Commission File
Number 000-28381
NOTIFICATION OF LATE FILING (Check One):
[X] Form 10-KSB [_] Form 11-K [_] Form 20-F
[ ] Form 10-QSB [_] Form N-SAR for Period Ended: December 31,
2002
[_] Transition Report on Form 10-KSB [_] Transition Report on
Form 20-F [_] Transition Report on Form 11-K [_] Transition Report on Form
10-Q [_] Transition Report on Form N-SAR For the Transition Period
Ended:
Nothing
in this form shall be construed to imply that the Commission has verified any
information contained herein.
PART I - REGISTRANT INFORMATION
Full Name of Registrant: VIRTRA SYSTEMS,
INC.
Former Name if Applicable: N/A
Address of Principal
Executive Office: 440 North Center, Arlington, TX
PART II -
RULE 12b-25(b) AND (c)
If the subject report could not be filed without
unreasonable effort or expense and the registrant seeks relief pursuant to Rule
12b-25(b), the following should be completed.
(a) The reasons described
in reasonable detail in Part III of this form could not be eliminated without
unreasonable effort or expense;
(b) The subject report on Form 10-KSB
will be filed on or before the fifteenth calendar day following the prescribed
due date.
(c) The accountants statement or other exhibit required by
Rule 12b-25(c) has been attached if applicable.
PART III -
NARRATIVE
State below in reasonable detail the reasons why Form
10-KSB could not be filed within the prescribed time period.
The
issuer's auditors were unable to complete their audit by the due date for the
filing.
PART IV -
OTHER INFORMATION
(1) Name and telephone number of person to contact
in regard to this notification
L.
Kelly Jones (817) 261-4269
(Name) (Area
Code) (Telephone Number)
(2) Have all other periodic reports required under
Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the
Investment Company Act of 1940 during the preceding 12 months (or for such
shorter) period that the registrant was required to file such reports) been
filed? If answer is no, identify report(s). Yes X No
(3) Is it
anticipated that any significant change in results of operations from the
corresponding period for the last fiscal year will be reflected by the earnings
statements to be included in the subject report or portion thereof? Yes No
X
If so, attach an explanation of the anticipated change, both
narratively and quantitatively, and if appropriate, state the reasons why a
reasonable estimate of the results cannot be made.
VirTra
Systems, Inc.
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its
behalf by the undersigned hereunto duly authorized.
Date: March 31,
2003
By: /s/ L. Kelly Jones
L.
Kelly Jones Chief Executive Officer