VirTra Inc (VTSI)

[Paul P]

Robo, there is no question that insiders make the most money by selling a company in a strategic, cash acquisition, where you have a premium share price and 100% liquidity for all shareholders. Those are most likely when your business is strongly focused with a compelling value proposition and the acquiring companies are much larger than you, i.e., able to pay cash.

I'm not going to put words in billpr's mouth (no need for that this week given his new-found loquaciousness) but I think what he strongly suspects is that this deal doesn't make business sense for VirTra in terms of advancing it in a direction that makes that scenario more likely. It looks more like a good-old-boy deal.

So the suspicion is that there may be motives associated with the transactions that are the result of situations that run contrary to what we have been hearing all this time.

My questions for you, and anyone else for that matter are:

1. Why do you think this gigantic and totally and completely unforeseen circumstance happened?

2. Do you see any strategic value to the mergers?

3. Why would VirTra essentially acquire companies that are 30 times its size, and why would they want to sell their companies for restricted bulletin board stock?

4. Is it fair to your shareholders and your creditors to completely change the rules on them? Here they thought they were invested in a training and simulation company, and now they are in the EMS business, along with brokering circuit boards built in China. Is that the way to treat your shareholders and creditors?