VirTra Inc (VTSI)

[Schneidku40]

This is the kind of garbage going on. Look up ticker QTMM. They haven't had revenue since 2018 that I can see (even then it was $20,000). As of 2018 they had $3 million in debt and no cash and had doubled their share count between 2015 and 2018. Apparently recently they got into a financing and licensing agreement with a company but there are all sorts of red flags. The most recent 8k is a resignation letter from the Chairman of the Board of Directors basically saying there is all kinds of fraud and non-disclosure to investors of important aspects of the proposed merger, including how the financing is a convertible note, even that the agreement states the BOD will increase from 3 to 5, when it is already at 5 members, and he had asked for numerous board meetings to discuss the merger and the CEO denied them. And you think Ferris is bad?

And yet, what's the market cap of this company? Maybe $2m? No. It's $70 million! It's worth 50% more than Virtra!