Replies to post #843 on Wrap Technologies Inc (WRAP)

[fishhunter]

As an aside, VTSI is a great stock to buy right now.
I like WRAP but the sky high PS ratio due to lack of revenue scares off a value investor like me.

[uksausage]

from what I See Virtra sells training on how to shoot guns, that's exactly the opposite of what WRAP does (or even AXON for that matter)

WRAP does need to establish additional revenue streams, the Bola wrap will not fund a global company so will either get bought (most likely) or merge/take over smaller companies with complementary technologies like Taser did to grow into Axon.

I don't see VirTra being one but who knows if their management has a desire to not be about gun training they could.

AXON only made it when Taser moved into cameras and cloud storage and court reporting software which is where they get their revenues and margins from. Tasers are very small part of the business

AXON is the obvious buyer of WRAP, but since the founder founded both companies but left AXON for some reason he may not want to sell back to them. May be forced to though, or at least artner in some way - incorporate the AXON technology to activate cameras when Bola Wrap is picked off the belt , single contract to supply AXOn cameras, Taser or Bola Wraps would get much wider business very very quickly