InvestorsHub Logo

billpr

07/23/18 6:43 PM

#44737 RE: dlewisfl #44729

Perfect: Not only insanity, but incompetence. I wonder what "head hunter" keeps finding these guys. He or they should be axed too.

avocado

07/24/18 11:34 AM

#44743 RE: dlewisfl #44729

Just got off the phone with Matt Glover. Didn't pull any punches about Virtra. Did tell him to look at this board as of all of the boards I've looked at over the years this one is the most useful and professional.

Did point out the most glaring shortcoming is communication with the shareholders, either existing or new. Can't promote the company if you don't talk to people.

Did discuss what Virtra should do with their pile of cash. $4-5 million for the last 2-3 years. Are they a bank?

Either find something useful to invest in or distribute to the shareholders.

Not sure they can find another company similar to themselves, sure don't want them to do a GE.

I did point out that its very hard to promote investment in Virtra when earnings are up and down, quarter to quarter. Wall Street is trained in rising quarterly earnings. How do they overcome that?

Andy