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I was just asking a sincere question about what sort of backlog number you would consider to be good. IThe number they report will likely be the June 30th number. My hope would be a number of $20mil or higher.
Great backlog = ?????
Teeroy....You know who I am and I know who you are And Ferris reads this message board 5x per day. So I understand you need to be careful with your words. That is smart. However, you are smart and a savvy stock guy so you have to know there are several big important things that Ferris does not do well. They are obvious and will again be made obvious by tonight’s crappy numbers. It is a miracle the stock is where it is. I own more shares right now than any other person on the planet.
We apparently have vastly different definitions of pops and dips but your point is obviously correct.
I just needed the emotional reassurance that at least a few smart people were still "in". THANK YOU!
Twister gone!, Teeroy gone!, Bill gone!, Coach gone!, Joe gone!
It is lonely at the bottom.
Hard to believe the consensus is that high.
Stock will fly!!!
The #1 hope for the stock and company is Chain of Lakes Investments or some other activist. Need to take over the BOD and install a good CEO.
This is my guess for Q2:
Revenue of less than $3.0 Million, EPS of -20cents, June 30th backlog of $15million.
I suspect lots of optimistic talk of a strong Q3 and Q4 but without any specific guidance. I hope there will be some sort of big important/impressive news but I am not expecting any. Ferris has been stone cold quiet for several months now and that is not going to change.
Like ARZ said, the vote will be 52/48 in favor of Ferris and current BOD.
They must get the peer review published
Beautiful!....48cents and Q3 looking great! Homerun
His fatal flaws are that he is not smart enough to know what he is not good at AND he is a terrible judge of people/hires.
His massive ego also prevents him from improving and learning from his mistakes and taking the advice of those smarter/better than himself.
While he might have been the perfect CEO for this company 15 years ago when they were struggling to breath, he is not the right CEO to capture massive opportunity and grow this quickly to $100mil in revenue. He could be considered a genius if he would simply hire a great CEO and step back into a COB or CTO sort of role. But EGO prevents the smart decision.
I know I throw plenty of junk out on this board. Some is for fun, some for feedback, some for entertainment.
This post is none of those, it is what I truly believe:
Advisor Gregg Johnson and CEO Bob Ferris HATE the current long term VTSI shareholder base. They HATE people like me that have purchased large positions in the stock. They have decided to do everything within their power to discourage shareholders and get us to sell. They want ALL the shares in the hands of several friendly institutions. They DO NOT understand why people like me are unwilling to sell but they know many have so strategy is working.
Furthermore...Ferris does not understand how to grow sales and does not believe sales growth matters. He is absolutely clueless about stocks and valuations and public markets. And worse yet, he has surrounded himself with some nasty biased self centered people like Manny laundry guy.
Again, I pray that Ferris makes me eat every word I just typed.
No matter what happens tomorrow, Ferris has proven that he is a terrible CEO based on his squandering the national opportunity presented by G Floyd and others.
There is no reason for him to have crawled into a bunker and hide. Just bizarre behavior and not in the interest of shareholders.
I would like nothing better than to be proven wrong. But my expectations for tomorrow are zero. As in zero revenue for Q2 and zero growth in backlog. Zero.
So, who had been the big buyer of shares over the last month?
Me? You? COL? CG? Axon? Meggit? Burlend?....oops, strike that last one
Me and Ruffle now own 83% of outstanding shares! Twistie wanted in but we said no. It is over for this bod and ceo and abcd. We are flipping a coin to see who runs meetings next week. Kendall will be our spokesperson. Doesn’t even have to talk!
Completely understand and likely a smart move. There are many better stocks to buy. I hope to eventually sell and just keep a little bit to follow along. But I’m still in deep.....just not as deep as I was 6 months ago. Hope the market stays strong!
Bobby afraid of success. Prefers BLAH.
Word on the street (2nd ave) is that VirTra got a $38 Trillion order from the Podunk department.
I always wonder how the other long term shareholders are feeling?
For Ferris to be this quiet this long the news on the 11th is going to be either spectacular or horrific.
But knowing him, and based on trailing performance, BLAH is most likely.
The fact that the default is For is difficult to overcome. But we were close two years ago and maybe a few here are more motivated to vote. One never knows.
Of those votes cast, I bet the vast majority is anti-Ferris.
Even today, stock price is 22cents. Pathetic.
And even worse, look at trailing sales and eps, Terrible.
Good thing the end is coming.
I would guess the activists would swarm.
Wonder what (and when) happens to BOD if the “Against” votes defeat the “For” votes?
Hopefully we get some answers and insight on Aug 11th.
Orders have to be surging!
Would be nice to know current backlog vs June end.
Is anyone here expecting big news on Aug 11th?
Or in later Aug/Sept?
By big I mean....buyout or merger or Activist filing or CEO retirement or big acquisition or...
We know at least one activist firm is nibbling.
We know insider shares are listed in the S3.
We know a huge increase in backlog is likely.
Trading volumes are now healthy.
It sure feels like something coming.
Nope, none of this recent volume can be insiders. They are locked out until 2 trading days after the earnings announcement. Their lockout starts with two weeks left in the quarter so they have not been able to sell since mid-March......of course maybe the S3 negates that?
I am pretty excited by the number of shares that are trading hands. Bodes well
I sorta thought my WILL NOT in all caps would tip my attempt at sarcasm and self-deprecating "humor".
I was happy to read the PR and chuckled when I saw it.
Who dumped 70k shares today? If you are swinging that much Schneid, good for you! Awesome really.
The good thing is that it doesn't matter!
It is on either the 13th or late on the 14th.
It WILL NOT be on the 11th.
The fact that Ferris has yet to issue a PR or SEC filing with the Q2 earnings date is reason enough for his termination. He sure seems to have lost it.
The results were very good.
It was only 1003 shares so maybe just a manipulation attempt. Or someone hoping for a good reaction to tomorrow morning’s earnings.
Q2 numbers should be ok.
Q3 could be super good.
Should be a fun ride up over next 2 or 3 years.
Happy to see your post.
I need to relax about Vtsi and take a chill pill.
In the S3 that was issued during the dark of night on the Friday of Memorial Weekend, all of Ferris shares and BOD shares are listed as being available to sell via the defacto atm defined by the S3. Not even any of the pros I’ve met with understand why Ferris would do this or why the other insiders would agree.
Very simply......I want to know what Judy Henry was told to get her to agree to list her shares. That should be the number one question on Aug 11th.
Q2 earnings in the morn!
They have been given a ton of info.
So fun to speculate!
The possibilities are endless.
It would be awesome if Interim CEO Jim Richardson lead the Aug 13 earnings cc.... if that is when it is.
Pure hope based on zero facts.
Pure conjecture (neat word).
I have been hard on Ferris of late because I CANNOT IMAGINE a CEO of this sort of company going absolutely silent during and after the George Floyd tragedy. USA policing is at the forefront of every news article and tv show and special. It is all talk about training and de-escalation and training......AND WHAT DOES OUR COMPANY DO?
Where is the CEO?
Why the silence?
Why no update?
He has invited the speculation.
He is apparently fine with activists taking the BOD.
He has listed his own VTSI shares as for sale. What a moronic move.
He should be 100% dedicated to INTERVIEWS and PRS.
He should cancel the S3.
What is wrong with him?
Dht will trend upward for a couple three years