Replies to post #41194 on VirTra Inc (VTSI)

[dlewisfl]

billpr: They made an acquisition, the machine shop.

Buybacks are useless for small, growing companies. For something on the pinksheets, they scream SCAM as many a company say they put a buyback program in place with no intention to ever buyback shares. People know this. If VTSI did actually buyback any shares, I think you would only see a temporary gain in PPS only to have it fall in low volume periods like it does between earnings releases.

Spend the money to be SEC compliant, uplist, increase marketing/sales, hire more people (i.e. grow the business). That's where sustainable PPS appreciation will occur and attract the institutional buyers, IMO.

[Schneidku40]

But how much did Virtra actually spend on MR? Something like $200,000 for their minority interest? And how much did they make on the sale of simulators to MR and royalties? If they make more than that $200k, there's no issue. Even if MR goes under in a year and Virtra's stock in it is worth 0, they still likely made money on equipment sales and royalties. From where I sit I see the deal he struck as a fairly low risk proposition. The royalty is something Mr. Wonderful on Shark Tank would be proud of.