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John it seems your always late to the pop??? Momentum is your friend if your here at the start. This momentum is boarderline downward trend.
I agree with Bill for the most part.
Not sure what is going on but I think our days of trading vtsi are over for the forseable future. Even look at this message board, its closing down and I think we will see something before Tuesday mornings session. I think the deal is already done just waiting for some sort of pr. My hope is that this has something to do with axon, but reality says this is bobs baby and hes taking her private. But a class action suit is in play depending on the price current holders get. will be interesting to see what happens, vtsi goes on Nasdaq two years earlier , price walks straight down , then bob takes it private. Suit not out of play.
Congrats to anyone who made a profit off virtra if that was even possible.
question for any , twister may have answer .
How did this message board post that a s3 was going to be filed 60 days before it actually was. From what I recall it was posted on this board before anywhere??? Is this even legal?
Please just close me out of this terrible company so I can move on. This company cost me endlessly. When I jumped back in vtsi before q1 thinking there is no way we fall after earnings. I decided between penn options at $4 or vtsi...
What a call by me huh
So bob isn't taking the company private? That never once crossed my mind until bill mentioned it and def makes sense. Thoughts twister, since I know you and bob keep it tight?
Definitely a bob move to lowball the shareholder after pitching them about how great of a company it is while continuing to miss price targets.
I'm not upset about my loses in this stock that honestly have been the only loses I have taken from a stock in the last two years.
I am upset that I had to stay around for two years getting absolutely nothing from the ceo of a 16 mill market cap except manipulation about the future. I agree with you about the vr, I didn't believe in the product yet and hoped they were working on something better and thought bob was smart creative person. I see some of the moves and I just think wow what are you thinking, lack of sales, lack of shareholder care. Nobody will invest in this company soon so he better figure something out and get this thing private asap.
Your 100% right this is a private company that I have no idea how is listed on the market.
I mean how ignorant do you have to be to say "their ability to go all in remains a strong statement" when your talking about diluting shareholder value that much with no plan in place and vtsi history of investments.
Business near me just opened back up, to no surprise it was exploding. Casino Morongo record numbers first night opens despite "twisters" lies about economy being crushed. Economy is fine as long as we open up like we are doing, consumers aren't afraid of the virus.
My statement about business risk is on point. If you think virtra insiders are taking any risk by risking shareholder value with no real plan in place beside to let it rot in bobs hands with virtra great history of investments.
Consumer demand has evaporated because business was shut down. Walmart, Home Depot, Amazon , Alibaba GREAT EARNINGS reports. Lets not forget about Axon.
I will not cut my loses just yet but I will be in talks with lawyers depending on how this plays out. I would love to suit up with some of these guys who really hate bob. As I never understood why, now I do.
How do you figure?
I have to disagree. Common sense to me says that bob is scared of losing his corrupt insiders and decided to hit shareholders with a flex play saying he is willing to do whatever it takes to make sure what happened to Kelly jones doesn't happen to him.
Nobody is coming to buy virtra as it is not even for sale. Also with this move killing 2 birds with one stone we see that is can support the balance sheet as twisters (bob) post alludes to while manipulating shareholders some more at the cost of shareholders.
The fact that bob is that ignorant toward the shareholder is next level. For them to issue 20 mill worth of shares when company is only valued at 16 mill we would need to have a 65-75 mill contract waiting in the wings which just is not logical. An acquisition would be very disappointing as arz addressed bob has trouble running this one. We need to come together as shareholders and have these corrupt insiders removed.
I went to the shareholders meeting last year to feel out some of these guys. Why they were very polite they gave us nothing we didn't already know as investors. The lack of transparency plays really bad for what I feel is taking place.
How could this outcome be positive???
I should of listened to you bill and stayed out. I take back all my harsh words of you and apologize. Instead I decided to donate to the ferris fund.
This is your response??? More doubt, twister 100% is bob.
Your response to threatening to dilute shareholder value 250% while insiders receive cash payment on potential buyout, is that it can be a valueable tool and shows commitment with "all in" mentality ???
All in mentality for who??? definitely not insiders but for shareholders who are forced into it without their say, I would agree.
Business risk is not increasing "twister". Business's are opening back up and we are restarting the economy. Like I said 2 months ago this is nothing more than a financial fraud virus and now vtsi is deploying their chance to rip the shareholder.
Maybe I am understanding this wrong. How twister can the S-3 be deployed properly when the shareholder is taking all the risk and the insiders are sitting back laughing???
Hey twister relay a message to bob for me and let him know I think he's a total fraud. I understand what all these guys were saying about bob having no clue how to run a company now.
Twister addressed it back march. He said there would be more shares issued to prevent a board push. I will agree with you that this feels different with the insiders buying in march. But that is thinking with my heart and not my brain. There is nothing going on here except stock dilution.
-Fish:
You tell me? I believe this move is in retaliation to a board push by you and you know this ends that chance?
Ive given bob enough time to makes some positive moves. This is the icing on the cake. I question if maybe there has been some fraudulent accounting going on when you need to raise 20 million when you are only bringing in 3mill a quarter and have 6 net mill on hand?
Its not like we have orders backed up because we cant get them out quick enough. That's not the case. This is a Mitchell Saltz special, bobs lack of transparency plays to this, burlends lack of shares, bobs anti-anybody on the board that will press him. I know bob would never manipulate the shareholder because he is "religious" man who loves his police and military but he isn't going to one over me.
If im wrong I miss out on 2x, I can live with that. I cant live with pumping a losing stock for 10 years like many of the people on this message board claim to have done.
Go back and look at twisters older post. Nothing is happening.
Agree on the ferris comments. Our problem isn't money this is a move by ferris to secure his seat even if he doesn't put up results while also securing paychecks for his insiders for the forseable future. This is a Mitchell saltz move.
If vtsi needs more working capital which we don't, then I am all for it. But that's not what this is about. Twister on here spinning it like that is what it is about is bullshit. Gfyourself twister.
As soon as opportunity arises I will be joining fish and gone for good from vtsi now
why do you think his advisors would push this on him?
I had 7k shares last year, dumped them mid rip to 5 then bought a little over 2k shares that I still have. Didn't dump off.
What do you think is going to happen? My opinion is insiders just trying to enrich themselves over long term prolonging a shareholder loss. You seem optimistic?
Legal action is in play depending on how this plays out. The fact that you are not more uspset or curious about what is going on seems strange to me. Maybe been lieing about position all this time???
MGM bag it. Penn $22 Q1 2021.
If vtsi needs 2 mill for something to invest in. Go out and sell product rather than taking it from the shareholders.
we will see what happens, voting time around the corner.
I don't think the bod deserve more pay, they deserve less in my opinion.
If money is raised through the pure basis of stock dilution and fear of losing control of the company with no real explanation to the shareholder. We need to lawyer up together and look at our options.
It is one thing if we are raising money to invest and make moves for the future, its another if your afraid that your lack of production will have shareholders push you out the door. Bobs close to the chest lack of transparency with the shareholder is coming back to bite him. Either produce or step aside and bring someone in who will. But your not going to try to flex on the shareholder.
-We will see what happens come Tuesday.
Bob turning this company into a biotech ran company is hilarious. Imagine not being able to sell product then blaming it on your lack of funding and not your piss poor product. Bill was right.
Bob is such a squid for this. We all need to meet up and begin talking with lawyers.
Funny how this comes out on a Friday before a 3 day weekend. Bob is such a loser.
I find it hard to comprehend why bob/burlend refuse to create an inferior product and find new sales avenues but would rather make there 1% profit gain per year and then manipulate and fight with the shareholder.
If you think anybody is coming to buy vtsi then you are playing right into bobs hands. There will be more shares issued by the end of this.
I find that hard to believe that all of a sudden you don't care.
If you think bob would sell his baby you must be drunk. This is a power play by bob anybody with half a brain could see it.
They cant sell up to 20 mill because they cant sell more than 1/3 of what is issued if im reading it correctly.
so you are for this fish?
The company is not going to be sold. Nobody wants VTSI and bob doesn't want to sell it.
He is raising 1 million dollars. Why does the company need 1 million dollars? They don't, bob is scared he is going to be pushed out like he did to that loser Kelly.
Raising money at $2.18 after buying back at $3.48 and manipulating the shareholder with insider buying at $2.80. Nothing good comes from raising money dork.
At what point has the shareholders had enough? Its time for bobs exit.
My post always age well or I don't post them. Check tape. If you know something I don't please inform me.
As I said before when this turn's out bad will others shareholders being looking at legal action? I will hop on the board if others do.
This is all bad for the shareholder. Axon has no interest in virtra the same way bob has no interest to sell virtra. He is issuing more shares for the company because he is afraid him and his useless team of bod is going to be pushed out. The fact Bob has been able to manipulate the shareholders this long speaks to it. I Just hope he knows he does have to answer to the shareholder. Not sure why this took place on a Friday, and a few months after insiders purchased.
Is anybody looking in to legal action when this goes horrible for your current holdings? ARZ,FISH, RUFF???
Can someone inform me what the s/3 is? Raising money?
HittinHeavy93 Analyst have downgraded this stock again to super sell with a price target of $0.53.
Def. Jealous of this post. I was talking with my buddies about getting options penn when it was sitting mid 4's strike it at 12-14 and got scared. Big regrets. But way overvalued now. $22 Q1 2021.