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Also pretty cool how EVERYONE here have supported the COL cheerleading to date. We have made an impression and they fully understand the issues and opportunity. I do not know anything new or any details on timing but the tone feels positive/promising.
$12 to $18 in 12 to 18 months!
Enjoy
While your post is nice, why no PR from VirTra?
Truly amazing. Every network and internet news site is featuring USA city violence and police/policing issues. It is the #1 story in the country for a second consecutive month yet Ferris says No to press releases, says No to interviews, and instead hides from shareholders. The entire BOD needs to be replaced. Ferris must be removed as it is now obvious he is intentionally trying to destroy the company.
The company MUST issue a press release to announce the day and time. Until that happens No One knows. Think/Swim and all those sorts of services are simply guessing, same as me.
No they have not.
I guess everyone has a different threshold of pain or amount of patience or varying expectations. No two of us are alike so I understand varying opinions. Everyone is free to post here, not sure why they seem not to be.
Another factor is they are all “very nice” people and are smart and successful. Really good guys all around. I’m sure they badly want Bob to succeed. So do I but my patience has run out.
Here is another prediction for Aug 11th. There will not be any questions due to technical glitches!
VTSI is the very definition of low hanging fruit for the right activist group. And if several large shareholders had spines, that activist group could be us.
Just think about the opportunities and potential that was (and is) in front of VirTra this Summer with all the unrest and focus on police in the USA this Summer due to Covid and Floyd and BLM. It is really beyond belief to think that Ferris/ VirTra have squandered/wasted this opportunity. Selling police training right now is like selling heaters in MN in December or ac units in FL right now.
And then think about how Ferris is going out of his way to mislead shareholders in an effort to get more FOR votes. He pulls in the annual mtg by a month so that he can issue the likely terrible Q2 results on Aug 13th two days after the meeting. That is a sleazy move by any measure.
Maybe a bunch of shareholder lawsuits will get his attention? Hopefully it doesn’t come to that but it appears likely.
By the way, it was not me selling today. I have not sold any for a few weeks.
Yes and yes!
I did sell some. I still have some....a lot. Likely still a top five shareholder.
I voted all my shares today AGAINST the BOD recommendation.
Please call COL Investments and help get the ball rolling.
Chain of Lakes Investments. I encourage everyone here to call them and encourage them to take a stake in VTSI and “do their thing”. They are great and do it the right way. One of their recent companies in which they took on the activist role is pcti.
About 1 year ago they shied away due to low daily volume but since then that has improved and we are now in a post George Floyd world. This would be a grand slam for them and home run for each of us.
If Ferris wanted shareholders to have up to date info on which to base their vote, he would have prereleased Q2 numbers.
Until a legit activist files a Sched 13 this stock is dead.
Ferris is still apparently missing in action. He has quit on VTSI shareholders.
There, now it can go up. I dumped my last shares. I hope it skyrockets under CEO Burlend’s leadership.
$7.25
National news on right now abc, cbs, nbc. It is story after story of police shootings and people protesting shootings. If VirTra can’t get 20 orders a day in this environment then there is no hope.
Strong day. Fair value is $5.
Looks like Ferris told his loving followers not to post. Sheep.
Any of you VTSI bulls have a theory on why Ferris has gone quiet in this post George Floyd era?
Where is the giant military contract he has been teasing for a year now?
My theory on annual mtg date is he needs to have it before they release Q2 results. Otherwise he would ensure each item would be rejected.
If he cared about the company and its shareholders he would prerelease they Q2 numbers now so people would have more info on which to base their vote.
In an incredibly strong day for small caps, VTSI is again down.
Ellington.....Nothing I say about Ferris is personal. He is a decent man, smart, savvy. I’m sure he has a great family and kids which is the ultimate compliment. Nothing matters more than that.
My gripe with Ferris is based 98% on VirTra’s year over year revenue growth since 2009. He also fails to deliver what he promises or implies and tends to spin poorly during conf calls. But again, when your company grows at 7% per year in an industry/market that is growing at 54% per year then you are open to criticism.
If they were growing at 50 - 80% per year then everything is forgivable and he could literally get away with anything. We would all be fat, dumb, happy.
I said 98%. The other 2% is when he offered me an Adv Board position and used the word “enemy” to refer to VTSI shareholders. I ultimately turned him down because I believed he was trying to control us rather than solicit advice or evaluate for future BOD seat.
Please vote AGAINST all items on annual mtg agenda. Do it electronically via your brokerage account.
Buckle up ladies. $2bil of fed money may be coming.
July 10th and no update.
Ferris again appears to be AWOL.
BOD MUST Replace him ASAP.
Great day to buy more shares. Stock will head up!
This uptrend will accelerate and go on for several years. Great ride in progress.
Lumber up from 200 to 500
Analyst estimates starting to tweak upward
Some bullish option activity
If pulp turns up, the stock will explode upward
A couple points Bill. You were right about Ferris long before me. But I truly believe that the day he gets replaced the stock will triple ....and then triple again over the following year. He is a big negative to the company. Adds zero value.
I have sold enuf shares and bought enuf shares over last few months to know something is different right now with the way it trades. It is easy to buy/sell 10k or 20k shares on any day and at any time. That is the one encouraging thing now.
Not too surprising that Ferris has zero supporters. Perhaps shareholders are starting to understand how truly terrible the revenue growth has been for the last decade. He achieved about 1% of what was possible.
Go online and vote AGAINST each item on annual meeting agenda.
Fireferris
In the last decade they have never gone this long between PRs!
FireFerris
Opgn will skyrocket on their June Q results and forward outlook. Chart too is beautiful.
It could really turn into an ugly annual meeting if Ferris remains silent between now and then. His current silence is indefensible.
I read what he wrote. He is a lawyer and uses language precisely. He did not deny. I know for a fact he is on the advisory board. FACT. 100% certain. I too am careful with my words.
Three people who read and actively post on this board will not even agree with us. These 3 own about 12%....joelawyer, coachjim, Teeroy.
None of these 3 seem willing to take any sort of stand against Ferris. So, ARZ, start with them. I would guess each is on the VirTra advisory board.
By the way, the only reason I keep tweaking Ferris is because he reads this board and the share price has been flat for 12 straight years BECAUSE he has not been able to grow revenue and earnings at an acceptable rate. In fact, over the last decade the growth of VTSI has simply been a bit better than inflation.
A tiny company like VirTra should be EASILY growing at 50% per year. And in this post Floyd era growth should be 200 to 300% over next 12 months.
CEO should be on every network and tv show and radio doing live interviews. Yet he runs to his basement and hides, afraid to talk, afraid to promote the company, afraid to sell product, afraid to grow.
And if any of you really want to puke today, go back and read the transcripts for the last few years of conf calls. Hindsight is 20/20, our CEO misleads at best and I would say lies often.
Had Ferris been replaced with a good CEO 3 years ago, 2020 sales would be $500million and market cap $4billion. Yet here we sit unable to sell even 1 system per day. Pathetic.
For him to apparently walk away from this company in the post George Floyd era is unforgivable and perhaps criminal.
What he deserves is a jail cell.
Man or Coward? Will Ferris release Q2 results on or before Aug 11th?
So here we all are. Q2 is complete, Q3 is underway. Our CEO remains silent or perhaps worse. Pathetic.
Thanks! You made my day, maybe my whole year! Take care.
You’re joking right?
He is worlds worst CEO.
His performance has resulted in a ZERO return on his own investment over the last 13 years.
He needs a competent CEO to lead the company and just yesterday he looked in the mirror and realized “I ain’t it”
I read it on ihub a couple posts ago.
Rumor is Bob quit. No wonder stock is up!