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SirFelix

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SirFelix

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Thursday, 06/26/2014 12:37:49 AM

Thursday, June 26, 2014 12:37:49 AM

Post# of 53673
A large gun manufacturer offered 6c per share for Virtra back in 2006 when the company was in deep debt and had very little sales.
So why not just put the company on the market? Take it private.
It worked for Meggit. $15M could buy the whole thing if Ferris wasn't so stubborn.

Anyone know why he ended up merging Ferris Productions? Is he repeating a mistake? Fear of failure?

Now that the company is in the black, what motivation does management have to increase shareholder value? They don't need the $$ from stock sales. In general, if management keeps getting paid salaries, why care about the value of the shares? I'm curious.

Hello

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