Some ponderings from off-grid:
Wonder why VirTra did not buy back any shares today? They were happy to buy at 3.80 or 3.90 a month or so ago so why didn't they buy some shares in the 3.20s today? They were there to be had.
Wonder why several of the pro-Ferris pro-VirTra pro-Fed Gov contract people that post here did not buy any shares today? Seems to me they too might be all talk, no action.
The military stuff is fine and if VirTra gets some contracts that would be wonderful. However, sales to USA police departments are 100% in control of VirTra. All it takes is persistence and effort and good sales people. 100% within the company control unlike the gov contracts. They should be doing it all but they can't seem to really do anything correct from a sales perspective.
3.00 x 7.75 = $23.25million. That is our market cap! Subtract the $4mil in net cash and the market says the company is worth $19.25million. The company is worth more than that.
On May 13th, Q2 was half over and 2019 fiscal year was 37% complete. And VirTra's current CEO promised during the cc Q&A that 2019 would have higher sales and earnings than 2018. Seems obvious to me that Q2+Q3+Q4 are certain to be at least $18million. That was clearly the implication.
Again, it is sad that the company is at $20mil in sales and not $200mil. Ridiculous.
If we had a competent (in terms of sales) CEO at the helm, this would already be a $1billion company.
