Replies to post #30550 on VirTra Inc (VTSI)

[Virtual_Wealth]

Do you think they would have a conference call and be all upbeat and enthusiastically tell you they were about to take your money?

[magicatlast]

"To be clear, the fear mongers aere claiming that this proposal will not benefit the company and the company will not uplist because they did not come right out & say it."

To be even clearer, Ferris stated IN WRITING in both the proxy statement and the latest quarterly, that they had no plan to uplist to a better exchange, a FACT which you some how choose to completely ignore.

Why do you choose to try to distort the FACTS by referring to verbal allusions which are in direct conflict with official written documents submitted by the company?? Is it your position that we should rely on verbal hints in the CC, rather than the official written documents provided by the company? Really?? Surely you are more intelligent than that, so what is your real agenda here?

Magic

[Gordon Shumway]

Thanks for posting the link for the FAQ. Glad to see that have it on their site. It beats my ability to read my own "speed writing" from the conference call.

It also helps me review the stated intentions of management. I felt I got from the tone of the cc a definite indication that they are planning on a move to the NASDAQ relatively soon (6 months to a year or so). Wisdom (interpretation = lawsuits) would preclude management from stating so directly (I have given similar advice when helping build companies). But as I listened in on the cc, I felt the management did their best to say, "Yes we are planning on that asap, but we cannot tell you that!"

This has been an interesting, and awaited upon development.

I have been a shareholder since 2003 and have watched (and occasionally participated in) this board. I have found it at times interesting, educational, and amusing! Keep debating the issues.

Appreciation for all - especially the stock price!

[Klinkerhoffen]

Better put black on white that they are preparing for an uplist and this R/S is part of this plan.
But...

Au contraire :
"Although the Company does not now have any definitive plans to expand the trading markets in which the Common Stock is traded, the higher trading price that should result from the Reverse Stock Split should help pave the way for the inclusion in any additional trading markets that the Company may elect to pursue in the future."

Other examples from the FAQ :

"Upon completion of the proposed reverse stock split the company would likely be in compliance with every financial listing requirement for NASDAQ Capital Market contained under the Net Income Listing Standard Listing Rules 5505(a) and 5505(b).

Upon completion of the proposed reverse stock split the company would likely be in compliance with every financial listing requirement for NASDAQ Capital Market contained under the Net Income Listing Standard Listing Rules 5505(a) and 5505(b).

"prepare for a possible NASDAQ listing"

All this "might" "possible" "maybe" keywords are not convincing.
"will" "going to" are.

Its all in the details.

K