VirTra Inc (VTSI)

[GregginAZ]

RStevens:

Let's assume for sake of argument that VirTra wants to buy a competitor or enter a new line of business. Even a relatively small business will require $20 - $30 million or more in purchase price. In no world known to me will VirTra currently be able to finance that large of a (small) buy with the current balance sheet.

I have to remind you that VirTra is NOT on a national exchange and until it is VirTra's stock is next to worthless as a means to pay for a target acquisition!!!!

What everybody seems to be missing is that dilution is often a very good thing. More shares means more liquidity (just look at the reduction in share liquidity - both volume and price post R/S). If the capital raise can be done at levels higher than where the BOD determined that it needed to buy stock -- at some tipping point a reasonable business decision will be made that the use of the funds from a capital raise and the benefits to be derived therefrom outweigh the negative dilutive effects.

It is healthy to have a NASDAQ listed VirTra with more stock outstanding. This will enhance liquidity -- especially if management is capable of deploying the capital in an accretive fashion. I am shocked that supporters of management (and their 9 years of successes) now turn because the company wants to grow for the benefit of shareholders? Would it not be safe to assume that the same level of conservative reasoning and decision making was applied to VirTra's decision to raise capital and grow up? I think so.