VirTra Inc (VTSI)

[fishhunter]

I had also read your recent email and I haven’t a clue (hold your jokes!).

Switching subjects....

If you take Ferris at his word, the direct offering was simply VirTra taking advantage of the crazy reaction to the Q4 report.

At the time I thought no way was that the case but now I am starting to think that is all there was to it. The $6 offering price suggests it was as Ferris said, VirTra being opportunistic. Had igg the been prearranged no way would the sharks have agreed to the $6 price. The biggest thing that suggests this was not the case is the 159mil volume day as it suggests prior knowledge of the direct offering by those who bought the shares. Because it took time and thought and planning to schedule and pull off the big volume day.

The irritating thing with VirTra and it’s CEO is that he could clear up every aspect discussed on this board. He chooses not to because he does not care about shareholders AT ALL. In fact his own actions suggest he doesn’t even care about his own shares. Why dilute himself? Why bring questionable person like Sabby into the mix? Why list his own shares for sale in the S3?

Again, the fundamental problem is a CEO who is still patting himself on the back for saving the company 20 years ago and one who would seemingly rather grow at 10% per year than 50% per year. And worse than all this is a CEO who would rather pick the shiny red apple at the top of the tree than the shiny red apple on the low hanging branch.

I truly hope for my own sake that Ferris had struck gold with some sort of whale contract but I doubt it. Someone with time to kill should make a chart of employee count verses date. I think it would leave us all depressed.