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Re: billpr post# 38388

Saturday, 06/04/2016 9:29:31 AM

Saturday, June 04, 2016 9:29:31 AM

Post# of 53791
Hi Bill. On VirTra's website, click on NEWS near the upper right and it says proxy statements will be mailed to shareholders in late July.

Another thought I had is maybe they will do a large buyback of shares, even to the point of going into debt a bit. It would actually be super smart given the low borrowing rates. They could buy back $10mil worth of shares and take the share count down to 118million by offering to buy any and all shares at 25cents (for example). They could do it via tender rather than open market? With their cash generating ability they would still be debt free in 18 months.

Just some crazy talk while we await the proxy info.

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