I will reply since I think I watch this tick by tick just like Ruffie.
VTSI is exactly flat verses one year ago. The stock has grossly underperformed the overall market even though the company has outperformed the overall market. Furthermore, avg daily volume is less today than it was in November, 2016. So, while we all believe the company has made strides on many levels, NONE OF THAT has been or is reflected in the stock movement or stock price. Also, the biggest of the moves (SEC reg and Nasdaq) haven't even happened yet.
It also appears that the company stock buyback was a charade, they never had any intention of buying back shares. This is obvious in the numbers reported last week and the fact the buyback is now canceled either forever or until VTSI is on Nasdaq. They bought less than $100,000 worth of shares even when the stock was faltering near $2. Shame shame.
Now, even if you believe your shares are worth $3.20, go ahead an try to sell them. Right, you cannot without cratering the share price. So what are they REALLY worth? For large holders, they are likely worth sub-$2 right now. And why? Because the CEO and BOD and Hayden IR do not care a lick about promoting the stock or putting their own money into it.
Ok, the above is obviously the glass half empty version but there is some truth to it.
Hayden always wants examples of what other companies do. Well, read the Aug 14th IVFH PR and the CEO quotes in there. THAT IS WHAT VirTra NEEDS TO DO.
Now that I'm rolling....I believe CEO and Hayden only care about placing the cap raise shares. They DO NOT care about getting those potential buyers to buy stock in the open market. Now I will cross the line into conspiracy theory nonsense....during my darkest moments I believe that Hayden is intentionally trying to drive the stock sub-$3 in order to get the cap raise buyers the lowest price possible and make their own jobs as easy as possible.
All of the above drivel goes away when trading volumes rise to 150,000 share per day. Then we have a real market and a real price for VTSI shares. Until then, every conspiracy theory and motivation and manipulation is plausible. That is why trading 10,000 shares a day with a 10% bid/ask spread is dangerous. CEO/BOD/Hayden can end this crap any time.....so why haven't they?
