Replies to post #38952 on VirTra Inc (VTSI)

[TEEROY]

Gregg,

This concerns me; this doesn't appear to be shareholder friendly. Why would they need to do this unless they plan on some acquisitions? Any thoughts



authority to issue is 1,250,000,000 shares, of which (1) 1,200,000,000 shares shall be Common Stock, par value $0.005 per share (the “Common Stock”), of which (a) 1,000,000,000 shares shall be Common Stock, par value $0.005, (b) 50,000,000 shares shall be Class A Common Stock, par value $0.005 per share (the “Class A Common Stock”), and (c) 150,000,000 shares shall be Class B Common Stock, par value $0.005 per share (the “Class B Common Stock”) and (2) 50,000,000 shares shall be Preferred Stock, par value $0.005 per share, which may, at the sole discretion of the Board of Directors be issued in one or more series (the “Preferred Stock”).