VirTra Inc (VTSI)

[fishhunter]

Think about the extraordinary high price VirTra paid to raise a net $16.x million dollars.
They paid over $1mil in fees/expenses.
They diluted shareholders.
They gave up some level of contriol.

The Ferris family stake went from 9.x% to 6.x%. Amazing.

But they did what most other ill-informed and insecure companies do. They suck up to firms like Roth and believe the rubbish spewed from 3rd tier advisors.

There are so many better options.....borrow from your local bank, borrow from one or two individuals, or how about getting your stock price up to a crazy multiple like Axon and then do it.

Banks right now are eager to lend. They are literally begging and competing for borrowers. I close next week on a multi million dollar (ok, only $2mil) and TOTAL fees and expenses are $684. My interest rate is locked at 3.75% for 5 years. I can pay back anytime I want and use the money as I wish!

Why isn’t VirTra more savvy?.......or is it sabby