Gregg, Thank you for the reply. My opinion is that it would be insane for VirTra to have a secondary. Diluting current shareholders is ALWAYS a bad idea UNLESS the stock is crazily OVERVALUED. In other words, right now VTSI trades at a PS of about 1.8. Certainly not overvalued, perhaps fairly valued, perhaps undervalued. If VTSI were trading at a PS of 10 right now (that would be a share price of about $11), and they could find investors to buy 4 million shares at $9 then I would be all for it.
I think the last CEO that had a share buyback one month and then a secondary a few months later is still in prison.....I hope.