VirTra Inc (VTSI)

[Ellington]

People seem to have different takes on Kelly's likely purposes and sensibility.

Can we agree that some kind of clarity about the events of Kelly's leaving would be a good thing to gain from the conference call? Weo, it is not quite on target to say "I don't care about the past." We are discussing an event in the recent past that directly speaks to whether the board members should be trusted with more shares than they need to handle the current situation. Actually, it might even speak to whether we should "love it or leave" the investment.

What happened that caused some insiders to want to sell a chunk of the assets and others to perceive that the idea was crazy? Are the assets as valuable as Kelly thinks? Is it true that some insiders went behind Kelly's back? Is it because they had a superior understanding or because they had a misunderstanding or because (by some stretch of the term) there was corruption?

This is not meaningless wallowing in past events. ("How do you really feel about all this?") No, this is exactly relevant to whether management is sensible, to whether the assets are valuable, to whether the investment is appropriate.

We should try to draw out what happened. Who did what to whom? And why?