VirTra Inc (VTSI)

[ByloCellhi]

The PR

Please note the language in the PR:

VirTra Systems to Acquire Three High Technology Companies

ARLINGTON, Texas, Oct. 26 /PRNewswire-FirstCall/ -- VirTra Systems, Inc. (OTC Bulletin Board: VTSI) today announced that it has signed a letter of intent to acquire three private electronics companies, Altatron, Inc., Dynalyst, Inc., and Suntech, Inc.
Under the terms of the anticipated definitive agreement, VirTra Systems will acquire the three companies in a stock-for-stock or merger transaction. Terms of the transaction were not disclosed. The agreement will be subject to a number of conditions, chiefly VirTra Systems' due diligence review and approval by its shareholders.

Talk about out of the blue - the terms are everything - transaction to be done purely on stock. This gives the opportunity for these 3 private companies to become public and VTSI is the conduit. Amazing to me they announce all 3 companies in 1 PR and not separate.

Time will tell on this one...