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Saturday, April 03, 2021 9:44:22 PM
The argument that VirTra and IR will make is that if these investors tried to buy the same percentage of the company in the open market it would be difficult and they might end up paying more than $6.
My counter to that is BS because I believe these 3mil shares are going into many accounts and none will be a 5% owner. Any one of them could have bought all the shares they wanted well below $6.
I believe, but don’t know for sure. that Roth knows why VirTra is doing the raise.
I also guess they shared that with the buyers.
And I bet there are confidentiality agreements in place everywhere
But it seems obvious that Roth or related parties traded on that info on Tuesday.
I don’t think VirTra or the CEO did anything wrong.
But Tuesdays trading is proof that someone(s) somewhere fid trade on info that was and is not available to you and I.
Recent VTSI News
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/30/2024 08:05:29 PM
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