Replies to post #30598 on VirTra Inc (VTSI)

[ztect]

you simply don't understand the argument and how w/. a r/s the possibility is much greater than w/o a r/s. that's your shortcoming...btw Don (if you believe the nature of the hastily filed form, he really didn't have to file as a pink sheeted company) just increased his holding almost 300%, yet the market didn't flinch because of the uncertainty of the pending r/s. While this stock languishes on the pinks post an r/s, without the required number of directors, and the company supporting the price, do you really not believe that there will also not be other opportunities to accumulate shares and not trigger runs since the stock will be trading such low volumes?

[pmaher]

Felix,
Not sure I understand your post. No shareholder would vote to take the company private. That's why I'm saying that if there was a desire to take Virtra private by an individual or small group, they would have to buy 46% of the company (to add to Bob's 5%) to ensure they had a majority (assuming the other amendments pass).

For the record, unless something happens to change my mind, I'm against all the amendments (but will vote yes on the A-S reduction, for safety). I can completely understand why some draw the conclusion from reading the proxy that this is the first step in a go-private. It's just that as I play the mechanics of implementing that in my mind, I can't see how it becomes possible without significantly impacting the price.
-Pat