Replies to post #52835 on VirTra Inc (VTSI)

[fishhunter]

Why would anyone have faith in VirTra?

Q3 shows falling revenue. Annual revenue growth is only slightly higher than inflation.

Company is not consistently or predictably profitable. Breakeven at best and negative free cash flow.

Company has wasted most of the $18mil from the cap raise. If you don’t like the word wasted, how about net cash has fallen from $25mil to $5mil in less than 2 years.

Revolving door at CFO and late SEC filings. COO let go.

Inability to timely install ERP software.

CEOs that have teased a big Military contract for over 3 years. Overpromise, underdeliver.

Modern Round….
Gander Mountain…..
Advisory Board……
Do nothing BOD…..

The real mystery is why the stock trades at $4 and not $2.