CEO addressed his 10b5-1 plan. Sold 500k shares out of ~4.5M. Plan is now done. Anyone else catch that clarification?

Caught the VTIX webinar replay and a few things stood out.

CEO addressed the drop directly. Said the stock getting cut in half in a week was “gut wrenching.” No company-specific news. He pointed to increased short activity after being included in a sub-$10 stock list. Also clarified his 10b5-1 plan. Sold 500k shares out of \~4.5M. Plan is now done.

On the business side:

**Consumer**
Omni One is still the core product. Direct-to-consumer, priced roughly $2.1k to $3.5k depending on bundle. Targeting \~40% gross margin on hardware. Recurring comes from games and subscriptions.
Capacity isn’t the issue. Facility is \~40k sq ft, \~20 staff. Said they could get to \~3,000 units/month with a second shift, which they framed as \~ $100M annualized potential. The constraint right now is demand.

**Defense**
This is where most of the focus seems to be. Activity across all four branches. Marine Corps project with 4-person simulators, first delivery expected Q4. If it works, could expand to \~20 training sites.
Also pushing Virtual Terrain Walk, using AI to turn real environments into VR for planning and training.

**M&A**
New committee targeting defense training companies doing \~$10M–$50M in revenue. Idea is to get access to contract vehicles and recurring revenue faster instead of building it all organically.

**Other**
Some enterprise use cases mentioned, including a university project using the system to teleoperate a humanoid robot.

They’re guiding year-end results in the second half of June.

Stock is still sitting low $3s after the drop. Takeaway for me is pretty straightforward.
Consumer side depends on demand showing up.
Defense side depends on contracts actually scaling beyond pilot programs.
M&A could speed things up, but also adds another layer.

Curious if anyone else listened and how realistic the defense ramp looks near term. [1](https://finance.yahoo.com/quote/VTIX/), [2](https://investors.virtuix.com/), [3](https://stockresearchtoday.com/vtix/)