VirTra Inc (VTSI)

[ByloCellhi]

SBC

Outstanding Post!

Optimistic scenario: "In a couple of years, with ZERO debt and the new 40MM shares being placed in PIPES with shares restricted for two to three years, we will be working with basically a free-trading float of about 90MM to 100MM shares over the next two years - ASSUMING the company keeps its word to NOT USE THE SHARES to dilute us. So all the revenues from sales can go to operations of the company and the profits will be left over as net income. This will not be eaten up by paying off all the cumbersome debts and other financial obligations from long ago. So, in optimistic anticipation that the sales can continue on a pace to get at least $10 to 15MM in sales over the next two years with a profit margin of about 40%, that would be a profit of about $4 to 6MM. Give it another year of continued growth, and we should be able to get up to about $12 to 16MM in net income"

You are right there is no need to get to 300M to 400M shares. Unfortunately it is going to take more than 40M shares to to get this company to zero debt. Your scenario the company will get to positive cash flow which is need to stop the printing of shares.

300M shares IMO is way to many for a $10 to $20M revenue company - they will still need $$$ for working capital to fund growth. Positive cahs flow can fund it. In order to reduce the # of shares the company can buyback shares in the market and a reverse. IF the company can achieve + cash flow there are MANY options.

Obviously we are getting ahead of ourselves but the financial structure needs to improve substantially.

I say trust mgmt approve the shares - 500M outstanding means nothing it is THE ISSUED # of shares which is key....

Time will tell - good luck