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dlewisfl

03/24/11 10:25 AM

#29604 RE: YukonKing #29602

Having read some of the bids for proposals on military projects for our equipment, I find it VERY HARD TO BELIEVE that share price is what these prospective clients would use to exclude VTSI. I don't know how many people looking to potentially spend millions of dollars are naive enough to put share price ahead of financial health. I believe these people are smart enough to analyze the company from the perspective of financial health. I don't doubt that there are some vain idiots out there, but I don't see this as being a serious hinderance to continued growth. Gander Mountain didn't seem to care about our .08 price, and that's a pretty significant contract win.

billpr

03/24/11 10:32 AM

#29605 RE: YukonKing #29602

What you say is true, but this "competitor" excuse doesn't wash. After going through the exercise of smoke and mirrors what happens when a competitor says 'they're really an .08 company that went to a 1:100 R/S to show their current stock price" plus the fact they do 6M in annual sales, my local grocery store does more than that, plus the fact they only have 40 employees.

If they lost sales because their PPS was .08, they are not going to sell 1.00 more of their gizmos because their PPS is 8.00