VirTra Inc (VTSI)

[Twister]

Failed CEO continues killing shareholder value!

Failed CEO took nearly 1/2 million dollars in compensation for last year.
Failed ERP transition, failed accounting and failed timely move into new building.
Wasteful expenses continue to mount needlessly supporting overhead for three buildings.

Inept CEO requiring a Co-CEO for filling void, thus additional huge compensation package adding to expenses. A competent BOD would have replaced rather than propped-up a failed CEO. Instead, the BOD spent their efforts initiating an additional compensation bonus plan.

Justified current share price hit would be even worse with more volume.
Abrupt financial officer departure following extended late filings compounds fails.
This organization continues to completely lack in basic professional operational direction.

All while aimlessly cast adrift in a perfect storm of swelled governmental spending nearly everywhere.