I generally agree with you Gregg, however....
If Ferris and BOD is unable to attract insti res coverage as an OTC stock, they will also be unable to do it as a Nasdaq stock. Attracting coverage and buyers is not exactly difficult in this day and age. It is very easy IF one WANTs to do it, and I have my doubts.
Acquisitions - Sure, nothing wrong with doing some manageable accretive acquisitions. I hope they do. That said, I would rather see someone buy VirTra so we can end our misery as shareholders. Does Ferris not understand he is risking the entire company by going along with this $2 share price? Someone could buy the company for $2.50 right now. Shareholders would approve it. In 2 weeks, we might be really happy to get $1.50.
The last thing that is clear to me is that Modern Round has failed. Stick a fork in it, they are done. They need $5mil in revenue per site to breakeven and they are not close to that sort of number. They don't even have the funding in hand to open site #2. Ferris should sever all ties right now.
What a clown show.
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