VirTra Inc (VTSI)

[fishhunter]

I love that sort of question and I wish I knew the answer with some degree of certainty. This is just my guess....I believe the company has not been bought out because the CEO does not want it to be bought out at this time. I believe he has quietly made several potential offers fade away in a variety of ways. The main way being telling the potential acquirer they would need to go hostile and that even then they could not force a sale because he controlled the shareholder votes.

I think the company would have already been sold if the buyer understand that the vast majority of shareholders would happily take $6 or $7 or $8 in a heartbeat right now.

My last guess is also that there is some sort of gentleman's agreement between VirTra and Axon that keeps Axon from scooping them up. Maybe both CEOs play golf at the same country club? Maybe their wives are friends and want to stay that way? Who knows.

It sure does puzzle me as well.

If I ever am on the BOD, these sorts of things would be handled far differently and for the benefit of all shareholders.