VirTra Inc (VTSI)

[TEEROY]

Since we're talking about SEC registration and possibly the reason for the lack of transparency.

What do you think Greg?

SEC Filings
When companies file paperwork with the U.S. Securities and Exchange Commission, it is customary for the applying company to enforce a status of silence. The quiet period is lifted once the paperwork is reviewed and accepted by the SEC. Contrary to popular belief, this quiet rule isn't an SEC regulation, but it is a common practice among the corporate community. One reason a company would file with the SEC is corporate restructuring. Before large-scale mergers or acquisitions may occur, the parent company must file with the commission.

Guidelines
During a Quiet Period, a publicly listed company cannot make any announcements about anything that could cause a normal investor to change their position on the company's stock. Normally, that means the company does not discuss any of the following:

New deals or wins signed in that current quarter. Announcements about previously sold implementations going live are allowed but must be explicitly described as such.
Management changes
Progress against company goals
Major product or service announcements
Major partnership announcements