VirTra Inc (VTSI)

[sbc357]

"I think it was a major blunder by management to ask for the whole 500 million shares because it appears a smaller request would have been approved easily."
I agree. And I think the general and others knew it was a risk, and they just decided to take the calculated risk and put us shareholders in the nutgrinder. I do not like it one bit.
As I said, I am voting yes, and I would ask all other shareholders to vote yes for the sake of us all. Also, please just VOTE, even if you sold after being a shareholder of record on the 10th of Oct..
As this moves forward, I think we all need to remind the management weekly that they OWE US shareholders something big after forcing our decision, I mean really inappropriately strongarming us, in a manner that should NOT have been chosen, on this issue when they could have easily asked for 300MM. I think we need to demand repeatedly that, ONCE THE CASH FLOW HAS TURNED POSITIVE to over $4MM net income for 3 quarters, or they have used over 200MM shares to "Grow" the company by means of M&A, etc., or to give incentives to employees for their years of hard work and loyalty, that management do a stock buy back of 10 to 20% of the Authorized shares and retire those shares - remove them from the treasury. No more M&A or employee share issuances until they meet this debt to us shareholders. If we get this 400MM approved, they really owe us big time. We should refuse to support any other move they make if they do not meet this agreement. OF course, likely they'll just pick up that ole nut grinder again and back us into another corner, but an honorable management would do everything they could to honor our request. They SAY they are honorable and we can trust them. They will need to prove it down the road, not just give us lip service.
I would like this to be the first and last words that managment hears from shareholders each and every time they have communications with us. They were so obnoxiously arrogant so as to put us in this corner, weighing us down with this EXCESSIVE raw meet burden to ward off their cancerous prey, they need to live daily with what we expect back from them to make this right.