VirTra Inc (VTSI)

[Portguyofva]

Good analysis Pat,
There are risks, but the conspiracy theory that management is out to screw the share holders, doesn't fly with me either.

Risks IMO:
- RS passes and there is a short duration drop in price from sellers that believe a VTSI RS play out like the majority of all others. I've been buying at current levels and I’m prepared to buy lower if RS creates the opportunity. I believe fundamentals will prevail, versus "all RSs are doomed to failure".

- Management fails to manage rapid growth effectively and margins continue to deteriorate. This risk would develop slowly and we will see it coming.

- We stay on the pinks and fail to get increased visibility which I feel is needed for VTSI to get priced its true value.

- Management makes a bad acquisition that results is dilution and reduced earnings.