VirTra Inc (VTSI)

[rut2k9]

If you want to do a little homework yourself, take the number of shares the company bought between Nov 19, 2018 and Dec 31, 2018 and divide that by the total volume during the same timeframe. Then you will know exactly how much they care about "the rules." My guess is you will be shocked by the result.

And finally after November 14th, the date the window opened after we reported Q3 results, we repurchased 382,000 of our common stock. In January of this year our Board of Directors increased the amount authorized under the stock repurchase program from 1 million to 2 million. We have purchased an additional 261,000 of common stocks since year-end bringing the aggregate amount of common stock repurchased since November to approximately 643,000. That concludes my prepared remarks. I will now turn it back to Bob.

VTSI traded 1,138,500 shares during that period, from 11/14/18-3/28/19
They repurchased 643,000 shares, which represented 56% of the total trading volume.

I'd note a few things:
The stock barely moved, from $4.21 to $4.33
That only about $4.5M traded in that 4.5 months is pretty pathetic
That the company had to make more than half of that happens speaks to the lack of interest in this stock.

Otherwise, I think my point stands. You are free to disagree. My point remains that the company cannot manage the share price with a buyback. Period.