VirTra Inc (VTSI)

[sharpchicity]

I'm fairly certain a company with 20M cash and no debt >>> a company with 20M cash and 20M debt. and the military probably sees things similarly when selecting vendors to help build a core functionality of their future.

Does it immediately hurt shareholders? Yes, obviously. But the hope is that the CEO chose this route because the opportunity has a high enough ROI to make the dilution worthwhile over the long term.