Friday, June 03, 2016 4:28:59 PM
If Modern Round is a hit (I give it a 50/50 shot) then VirTra will benefit greatly simply from the money they will receive quarter after quarter. I would view it as frosting on top of the cake. Sort of a nice "kicker" each quarter.
The Gander Mtn thing never worked out because it wasn't a good fit for either company. Gander Mountain is in business to sell guns. That is the only thing they sell that they make money on (really!). VirTra's systems never had a chance there because they didn't help GM sell guns. Simple as that. VirTra AND Gander Mtn should have been smart enough to figure that out before even starting down that path.
Now my real wild speculation.....If Mod Round is even a little bit successful, they will do an IPO and become a public company on a major exchange. Then VirTra will merge into Mod Round and all our liquidity, valuation, uplisting issues are magically solved....and we all laugh all the way to the bank!
Have a great weekend Bill. (I am sort of serious about my last paragraph.)
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