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The electoral map these days is very difficult for a Republican- my fear is that after Trump, Another Republican will not be able to bridge all the disparate groups needed to get enough electoral votes - and with a lot of movement of dems from the northeast and Midwest to the south - those states are becoming purple not red - by 2024 the likelihood of a Republican President will be diminishing - and that scares the crap out of me - I fear for my children and my grandchildren
Well I took a chance that you would behave- sort of against your nature - but I took a shot - lol
BTW - the Dems have lost their minds - thank god for that - lol
That’s the conundrum for all of us - there are no crystal balls to consult
Now that made me laugh - you are correct though - that would uplift the stock - lol
I think it would be great for us to have a Fox in the hen house - so to speak.
Ahh, 1975 Game 6 vs. Reds. I remember it like it was yesterday. He was a real character. The home run set up the Carlton Fisk game winner in the 12th.
One of the best World Series.
Boy that new Governor has really hit the ground running on raising taxes - tough state to live in - worse taxes than taxachussetts
Will do - I have my marching orders - lol
I will reach out and try to get there in the next few weeks - need some furniture anyway - lol
Wow didn’t know that - that is an awesome story - I bought in Yyst because I know of the Rotman family - I live about 30 minutes from Worcester- they are icons and family royalty there - I get so friggin mad at some of those aholes on that board - I hope he sues their ass for the things they have said about him
I have traded a lot of communication with Greg and actually almost showed up when you were there but still working and schedule conflicted
You have my approval to be abusive to them - lol
I am 70 and have seen in person a lot of great ones - Teddy Ballgame, Yaz, Pedro, Boggs (until he was a Yankee - lol), Russell; Bird, Orr, Bourque, Brady - I have missed others but I have been a very fortunate fan - it’s been a hellava great ride.
You a Yaz guy - looking at your handle
He is getting a lot of pressure to toe the line - if he goes against the grain he will pay a steep price - money will not flow to him.
Agreed - but unfortunately there are too many in that murky swamp called Washington
I was talking about him last night as a matter of fact - wasn’t a fan of his from the get go - two faced POS
He’s an embarrassment as well - so disappointing
He was actually not a bad governor but in Mass a republican is really just a RINO - most of the time
I think I am the only conservative in my state of Mass - talk about embarrassed about representation - Warren, Kerry, Moulton, and the new rep Pressley - yikes
Went to a Trump rally in 2016 - awesome
Than you for the invite SGW - it’s refreshing to get away from all the negative energy at so many iHub boards.
just trying to uplift the depressed.
Then you only need two more days like today and you can sell out and break even.
To coin a poker term - I am all in - all the chips are in the middle - now let's what unfolds.
I like the dice myself - but a lotto ticket is faster cash - let’s see this start to move and watch the kaching
This could be the lotto ticket
Well it's pretty clear something is up. Not sure if a reverse merger is in play or not, but the level of interest sure is there.
TY for your message - don’t have PM.
Agreed.
My first buy was 9/24/2010 - been waiting a looong time on this one.
Own millions and would obviously like to see those turn into something. Not asking for a $1 here - pennies from heaven would do the trick.
Vystar 10Q thru June - stand alone lost $4.2M. The Q-3 Consolidated showed another $1.6M loss - would seem to me that the loss was less (not that I think that is good)and so I could make the case that when you back out all the costs for the merger etc. that including all those related costs, that the loss came down and sets the stage for better results next quarter - so no, I don't agree that Rotmans is losing money hand over fist.
My suspicion is that if Vystar reported stand alone - the loss would have been more like $2M for the quarter.
JMO - to each his own.
Yup - keep up that narrative - I will wait for a few quarters- the Cust to get this enormous task done is reflected in all those numbers - I’ll hold
Because Rotmans is a. a natural outlet for sales; b. has market/industry knowledge/expertise - despite what is written on this board; distribution and contacts; c. and hopefully some cash flow to support growth.
VYST was/is undercapitalized - there may be some surprises in terms of their ability to get funding for their growth plans.
A 1% market share in the US replacement market would yield sales of over 350k units annually - @$1K/unit that is $350M in annual Revenue - 1% - that's it.
I am sure 1% is achievable - even in this crowded market. But let's say 1/2% - that still is $175M.
Focusing on Vytex product advantage is required - hence the spin out of a piece Rx Air. You could see the similar strategy for FEC.
We shall see, but all the tough work is being wrapped up - now they can focus on strategy and growth. Cash (for Investment in growth) is an issue - will have to see how that is addressed.
Good luck to all still holding.
You would see it when they report sales by “division”. So Rotmans would have their sales and then Vystars other groups like Sonnett or vystar mattresses and gloves etc would show how on a different revenue line because they are sold w/o rotmans involvement. We are in the infancy stage of development- let’s see how they report moving forward - they absolutely need to break those sales out to demonstrate growth.
I think you miss an important point - Vystar is an OEM as well as as a supplier. Gold Bond as an example uses their product as do other Manufacturers so they can play both ends.
Sonnett can be a brand as well. The fact that it is biodegradable is huge for the disposition and the folks worried about the environment will look at that.
It is an uphill climb - but so wasn’t Amazon and a lot of others.
Not saying by any stretch a comparison but just saying it’s an open opportunity
Filed Oct 18 - came out of bankruptcy in Nov 18 with 2600 stores - 900 less than in October - looks like your area didn’t need stores.
They came out stronger and still operating - so ragging on Mattress Firm for their realignment is shortsighted.
Just a thought - if they carried Sonnett in all stores and sold just 1 per week - that would be 2600 units X 52 weeks or 135K units - or over $100M in revenues- more like about $135M but just showing the potential.
So if I am Vyst - go for it.
I am sure the net was a loss given the extensive work required to get the 4 to 1 merger done and restating everything to be in line with proper reporting. The fact that they had to restate assets and add back to the balance sheet would impact the expenses overall but a necessary activity.
Important items.
Rev was $6.4M for 9 weeks - that is a quarterly run rate of $9.2M and an annual of almost $37M. And a piece of the growth is VYST products that have greater margin.
Gross Profit was about 41% - not bad but I am sure there is impact in there for the restatement of inventory.
Great asset base to work from.
Share count unchanged - NO matter who owns them.
While the detail will provide further scrutiny, I think the take away is that everything is complete and now they can move forward and implement their overall strategy.
One item I will look for is their cash position and how they intend to finance growth.
One can only hope that this ticker can rise from the burn of Val.
not privy to those details - you would have to ask them - but it looks like it was done to be a "friendly" transaction - only the future will tell if this was worth the effort or a shot in the dark. They have a hell of a lot more to lose than you and me.
Never said anything about a moon shot - only their possible motivation/ reasoning.
Where it goes - anybody's guess - but I laugh at all you experts - full bore speculators and self-absorbed.
My view is the opposite - this was a legacy transaction - an opportunity to create a family legacy greater than just Rotman's - my opinion only.
Lol - you read my mind - my actual first thought was how are they going to pay this person - and like you I said - I hope it isn't with shares.
We both know this is going to cost a lot of money - so let's see if it's a low salary with an escalator of some sort on company success (profitability). Seems like this person would have earned enough money to take a risk on his/her ability to turn this company around.