VirTra Inc (VTSI)

[ByloCellhi]

David

You said: "Its silly to even think about the "B" word. The company has enough revenue coming in to keep the paychecks coming and lights on."

Revenue??? they need an infusion of $$$ by selling stock in order to build the product from the conference call - you don't call that dire?

You are as WRONG as you ever have been with your statement. Credit is granted to companies with positive cash flow and Tangible Net Worth. VTSI has neither and as I have said many times there only real asset is stock and possibly the technology in the their product. The stock is getting less and less valuable - I mean we are talking a nickel for each share...

The employees are probably working for less than market salary and hoping to cash in on stock growth. The IRS could put the company under any time they wanted to but I agree they need to be appeased in some way. The old adage you want time you need to buy time - ie $$$$ of some portion to the creditors.

Dutchess will bleed them dry and continue to sell - short and sell...

Unfortunately these situations feed on themselves...