$YSTR is probably moving to dollars in 2017. They have an all-star management team and tied in with some major players. Currently at $.12. Long-term hold with major appreciation value potential...
Ystrategies (OTCMKTS: YSTR) today confirmed its intent to register with the SEC as a Business Development Company (BDC). The filing process will commence in the fourth quarter of 2016.
Upon approval, Ystrategies will become a publicly traded BDC and a regulated investment company (RIC), with investor advantages enabling more effective investment in early stage businesses. As such, Ystrategies would be required to distribute at least 90% of its net income to investors in a pass-through structure, with Ystrategies paying minimal corporate income tax.
“This is a key component of our long term strategy,” said Jim Kiles, Chairman and CEO of Ystrategies. “BDC status will give us access to capital to support growing companies. Regular dividend distribution and quarterly investment value reporting will give investors an accurate picture of our progress.”
"One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute." - William Feather.
