VirTra Inc (VTSI)

[magicatlast]

Stockguy, if you recall, I was probably the biggest rah-rah guy when the GM deal was announced, and valued it at up to $100MM. I haven't changed my thinking about that. I too like the management team, at least Ferris, for the product they have brought to market and their ability to market it.

If they do, in fact, have plans for uplisting to NASDAQ, then they shouldn't be denying it in writing in the proxy statement, and there is no reason they couldn't state it openly. That said, how can they then justify the proposal to basically eliminate the governance provisions in the corporate by laws??

I vehemently disagree that a RS under these circumstances should increase the share price, as you state. I actually expect that this RS, if approved, will cut the market cap of this company in half, at least, and I don't want to be holding if that happens. Thus, I again ask the mods to put up a straw poll to see where the board count stands and give an idea of the likelihood of passage. Hopefully management will see the wisdom of withdrawing it before hand.

Magic