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Al4343

04/20/12 6:51 PM

#33770 RE: 5cap #33769

Yikes, Ferris had high praise for this guy and he seemed to be highly regarded...lasted what months??? Virtra came so far, but can't take the next step with the current CEO.

Al
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HN/C

04/20/12 8:06 PM

#33778 RE: 5cap #33769

Yes. Can't give very much info though. Rumor is Jeff nominated people to be on the board weeks ago. People with experience and connections to get this company going. Apparently you shareholders were going to get to vote on them.

Next thing you know Jeff's out and we all are being interrogated. At the time we didn't know why. Since then it's been nonstop drama. Accusations, interviews, execs holed up in their offices. Today people got told to sign noncompete agreements within the hour or they were fired. Whole frigging military side of the house walked out, John's not the only one. Developers, hardware folks, MIL SME. Not that many, but they were working some big things. Then we see the release from Hatalom - John's out.

None knows who is next. It's scary here.
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Carter10

04/20/12 8:53 PM

#33784 RE: 5cap #33769

I received a Google alert about Hinnant being gone, about 15 minutes before HN/C's post. I suspect others received the same alert without being close to the company or insider.

Too much technology and interest for Virtra not to be bought for at least .14-.17 cents, even on the **worst** of days. Virtra has amazing products that are gaining demand through more avenues than in the past. Clean house and now off to become a business unit of a much larger player in the market with doors open to many additional customers. In my opinion this is where we are headed in the next two months, and I see it as very good news at this point. Audit could/would have been done by mid May, sale of the company could not. Would be an awkward meeting in May without being able to say anything....and Ferris would at that point unnecessarily face the wrath of us angry investors demanding information about uplist.

We may have a short term drop in share price Monday, but those who realize that Virtra's technology/patents/interest haven't changed, will come in and buy. I suspect by June meeting we will be at least .11-.12 cents in anticipation. If buyout news/leak makes it out before then, that is a different story.