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Re: smit0745 post# 36394

Monday, 07/14/2014 5:09:37 PM

Monday, July 14, 2014 5:09:37 PM

Post# of 53697
There won't be any link because the buyout negotiations were never concluded. The company that wanted to buy Virtra's technology in 2006 was Smith & Wesson. Talks started within the company's board members and there were conflicts between the then CEO, Kelly Jones, and management. Ultimately Jones resigned causing S&W to back off.
At least that's how I remember it.

At the time, I was never able to find out what role Ferris had in the talks.

Either way, Virtra's technology has value, especially now that the company is essentially in the black. The company is easily worth 10c/sh.

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