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Thankfully I'm not a lawyer but in my opinion IF GERS prevails, that alone would be a huge catalyst for the company and stock price, even if the moneys were not released IF there was an appeal.
We all watched what happened to GERS after the last round of legal decisions. It was not pretty. BUT, the US Patent office still sided with GERS and now here we are...
It will be nice to just get closure with GERS one way or the other.
In my opinion you took the correct action. Until the news from the company today, the past few months of investing in vyst were total gamble.
You could have bought the stock at a much lower price and lost just as you could lose after buying today, but with the news, that prospect is a bit dimmer.
Good adventures on your investment.
What no one has discussed, including management, is how many shares are the ex shareholders of UVFT getting in the deal.
Also, in today's news there is talk of 250million share buyback but at what price range? I ask this because there is a trick many use called,diversion. One bit of news happens/occurs (stock price plummets due to dilution) so to offset there is news of a 250million share buyback.
It was good to read the honesty of the upcoming two conversion dates. No set course but at least the investor knows they are coming.
Also coming, are news of acquisitions and such... Now this is where I answer the question.
IF i-f if the share price of vyst continues back to it's normal of .03-.05 then is it not plausible that those prices could be used as the various stock being used as payment for company(ies)???
Example: VYST purchases a banana rendering plant for $1mil with company stock/preferred stock as payment. We already know that 500 million shares are out there with the potential of twice that amount that can be used for whatever purposes the company deems beneficial.
So, if 500 million more shares are issued, I'm pretty sure the stock price will not soar much above the normal of .03 - .05
Then, after all the dust/acquisitions are over, the company could do the r/s, the buyback, etc... but I'm thinking that after this year is over the company will provide better and more accurate rev forecasts, and then announce the traditional "We are going to uplist after doing a r/s of..."
Of course, I could be wrong and it would not bother me if VYST 'went to the moon' with the stock price going to .50 or higher.
We'll see though.
Thanks but after owning this for years and watching loss after loss, it is easy to be highly doubtful.
Still not out of the woods but with all the recent exposure and buying/selling activity, it at least gives vyst some 'life'.
The next few SEC filings will truly be telling of the course of this company.
Now it remains to see if some investors are willing to hold for more than the .001 - .0001 changes.
Another well written and informative post as usual. Thanks for posting.
This is a new year with 12 months, and in some of these upcoming months there will be more news and progress on the legal front.
Maybe one of these coming months the news will really rock the boat for all those involved to include investors in GERS.
Nice to finally get some clarity from the CEO. Also nice to see the trading activity today. A lot of people made money selling today. A lot of people buying those shares have hope the stock price will go up. All in all, not a bad day for vyst.
After years of hibernation it was nice to see all the activity with the exception of a bit too much pump though leading to today's activity. But that is to be expected as those who were silently buying low in the past few months could sell and profit. A lot of those traders now have free shares and a lot of bank in their pocket.
Still have two more convertables so the stock price will swing around for a bit as traders hem and haw.
For me, very curious to see if any of the latex products gained any traction revenue wise. They haven't yet but maybe something will happen.
Actually bought a few shares today as with the news it felt a bitmore comfortable to average down after the past few months free-fall.
Still thinking .09 is my exit point providing the price is reached pre-split.
Thank you. If vyst can ever reach .09, I get my investment money back and then off to the next risky adventure.
Good luck to you.
The sleep division vyst once ran/owned was purchased from a doctor who after the business was deemed 'not profitable' was sued due to misrepresentation of facts. I don't know how it settled as I've not seen any results in the SEC filings. Not a big deal but a part of the company.
Interesting though that even though the sleep division lost money it did generate revenue.
If people doing DD look at the revenues for the company since the original Rodham deal (not the one made a few months ago when Doyle was sacked/resigned/quit (we'll probably never know the reason Doyle was pushed out) Anyway, look at the revenues from the mattress/pillow/latex. Yes, a slight uptick in rev but my neighbor down the road selling firewood as a hobby makes more than that.
I always have wondered why vyst latex is not a bigger/better seller since it is perfect for those with allergies to normal latex. I was briefly hoping the new CEO was on the right path but then the UV company purchase news. UVFT is the company VYST took over. UVFT is another small company with no profits. And we do not hear any news about that.
It was nice action for those shearing the new sheep today. Now the game of chicken is going to be played among investors. Some will think this current price is a deal and buy while those already owners at a purchase price much lower will decide to hold or sell for profit and then repeat as the price drops. The stock price reflected that today among the buyers and sellers. Healthy actually.
The main question: Does VYST have the resources/management/business plan to be a company where an investor is willing to buy and hold on for the ride? My opinion is, maybe?
For me personally, I'll bail at .09 pre split if it ever gets that high again. As for averaging down, that would depend on the next real SEC filing showing how much dilution and what magic bean the company announces that they are to plant.
For the current herd of 'investors' in vyst, good luck trying to play the game of .0001 price fluctuations, you will have earned it.
In the similarities, did the other company conduct reverse splits to get it to $6.00? Did the other company show positive revenue on their SEC filings?
You could be correct about vyst doing the same but in my opinion there is a 100% chance of the company doing a large r/s and a small chance of the latex gaining traction, afterall, the company has been marketing their latex for years and years filled with 'potential' companies using their latex.
At .09, (if it ever gets there pre split) I'm getting my money back and out.
Nice post. However I own 206,217 shares of vyst in my Schwab account. Cost of purchase: $3,183.99 currently down $2297.26 or down 72.15% along with my 100,000 shares in my D.A. Davidson account. Cost of purchase: .09/share or $9000.00. Total cost of investment $12,183.99
So, a bit jaded with vyst at the moment and the way management is running the company.
What you wrote in the post sounds nice but I've heard a lot of nice things about a lot of other companies also.
From my past experience in stocks, this company is like the others in that they langquish for years and then 'something' happens and the herd jumps in. Lot of volume, lots of hype, and mostly, a loss for many investors foolish enough to believe all the 'news'.
If vyst ever sees .09 again before a reverse split, I say "congrats ceo and management, and then sell and never look back. And if everyone posting lately is even close to their predictions, maybe I can sell this week when the price goes to .50, or heck maybe 5.00
Never shorted stock in my life. I always buy high and end up getting taken to the cleaners...VYST is the most current one in my portfolio that got hit once the new management took over.
And you raise and excellent point regarding VYST and all the other traders 'here'. Interesting that my shares in VYST were much higher in price BEFORE all the traders came here...
As for DD, did you know about the video put out by VYST? Did you know about the mattress's that were supposed to be sold in Asian hospitals? Did you know about the lawsuit? Or the patent updates?
I'll be glad if VYST ever see .09 again. It could given all the hype all the other 'traders' are trading. Almost like watching a wolf pack lick their chops watching a herd of sheep grazing in a meadow.
Interesting the the past ceo of vyst, Doyle, suddenly gave up the reigns after years of running the ship.
Also interesting how I was kinda glad of new blood as the stock price in vyst had been stagnant for years...then, the reality of diluton/conversion hit.
vyst takes over a UV company and not a word on progress. now Rodham flexes his muscles and the stock price plummets, and yet, some are saying this should move to .05 or higher. Now why would it do that with probably a billion shares of vyst floating around ?(I don't know the exact number but will when the next SEC filing comes out) and the price is supposed to go to .05-.50? Based on what? Magic mushrooms or Unicorn dust?
Must say though, some people have banked coin the past few weeks and most likely will in the weeks to come as the hype and hypola are in full swing.
Agree vyst is a 'real' company but all the SEC filings for the past many years show no real revenue.
The most revenue vyst ever had on the books were when they ran the sleep clinic which they closed and brought a lawsuit against the doctor they purchased it from.
I tooooooootally agree with you. And I'm glad the 'group' is here with VYST as someone had to purchase those diluted shares. That was/is a risk in itself.
And anyone who makes profit trading this company or any other should be rewarded for their profits and punished for their losses.
Actually think there is good for this company and have so for years. But a cooling off period with some better guidance from management will be a good thing.
Hopefully management is watching/watched the stock price activity along with all the other things and get their act together.
No, it's Sunday. A perfect day for potential new investors to really do their DD and learn the truth behind this company before next week..
1.Insiders once bought a lot of shares under the OLD management and very little under the new regime.
2.The company purchased an ailing UV company and there is no further discussion about it and no revenue from it presented.
3.The stock price dropped like a rock because of dilution. However this is a positive for those investors who jump in while there is blood in the water. They made/make a good bit of coin until reality sets in.
4. By the companies own admission they have the right to conduct a r/s and in my opinion will do so WHILE only impacting common stock shareholders and not all the 'new' shares they structured to protect management and partners.
5. The latex the company has the patents to is indeed, a good product. Yet sadly, it has not really gained traction in the mattress, pillow, condom, gloves, Asian markets, etc... It could change though if the company got it's act together.
If that were to occur then yes indeed, it would be nice... However, why did they make such decisions as giving their family business at the detriment of the shareholders? And why push the stock price basically to zero with all the dilution.
To me, that seems on par with building a building out of paper and wax and THEN buy a fire truck to put out the fire after they light the building on fire.
Blood in the water!
The sharks are swimming in VYST waters and feasting. Last week was a banner time for those taking money from new investors following the bloated hype.
For months the stock has plummeted. NO messages for months upon months (except mine)and NOW the frenzy is in mid gorge.
I've owned this stock for a loooong time. I know it well and what is going on at the moment is only geared for the management, partners, and those having fun pushing the buy sell button.
Common shareholders like me are getting punished, and rightly so! I should have never had faith in the company, but I do like the latex patents/product and PAST insider buying.
Sad to lose my investment. NEVER gonna think about 'averaging down' what with the pending r/s.
And nobody talks about the UV company VYST added to its holdings? I wonder why...
Why don't you all talk about the great UV company that VYST owns? I mean, just LOOK at all the revenue the company is raking in on the sales of the UV filter.
Wow!
What a great deal for VYST. I haven't seen the current sales but betting the next financial will show that VYST issued billions of shares to the shareholders of UVFT and revenue was about a hundred bucks with loss only 27 million dollars.
Sounds sarcastic? Not at all. The new CEO is only enriching his Rodham dynasty and not the common VYST shareholder.
Thanks for the great humor!
This stock will never get to .50 pre r/s...
The SEC 4 forms go back years... Back to when Doyle was in charge. Back when there was a sleep clinic.
Some more history for you. Years ago this stock took off due to a report from a lady who blogged stocks. In her blog she talked about VYST share structure being around ten million shares and the tons of insider buying at that TIME. The price rose, the volume rose and then it all fell apart.
The company sold the clinic. They took legal action against the doctor involved and then concentrated on a latex business that never has gained a lot of traction, even now, even though the mattress/pillow have been marketed for the past two years.
No revenue speaks volumes in the last few SEC filings going back years. Yet, a new CEO with family strings and a new share structure designed for insiders and NOT common shareholders is in place.
Only one insider continued to buy and he was the last one. I wonder what he's thinking now as millions and millions of shares have been dumped and now all the hype over what truly is , nothing.
This company is currently in the midst of a shark feeding frenzy. After the feast, the reverse splits will come, maybe a slight increase in sales though the debt will indeed drown any green.
This company is an excellent example of how greed and manipulation works. Not only from the company management itself but also the groups of investors who seek to profit from such.
Have fun sharks! Devour! Conquer! And watch for the next opportunity which ALWAYS exist in penny land.
Not a pump and dump... Nope, current trading in VYST is Dump and Pump.
History lesson: VYST used to have two business's. 1. Sleep clinic 2. Latex
Years of insiders purchasing stock, a great thing!
Sold the clinic and concentrated on latex.
SEC filings show almost zero revenue yet the expected losses, mounting losses.
Rodham comes along. Mattress. Condoms. Clear balloons. Once they even had a video shown to the public!
Insiders still buying but not like a few years ago.
Stop price was steady and very, very little volume traded. Many days, not one trade.
THEN, the saviors arrive! A new CEO! Wow! Doyle resigned and let the new management in place to start showing some real 'progress'.
Now, look at where VYST is. A stock price that plunged to the bloodies waters the penny sharks love to feast and swim in.
Tons more blogging and posting. Huge volume of shares traded. NEW shares, freshly minted. And wait, there's more! The management gets the right to reverse split AND issue millions upon millions of shares! WhooWho!
Talk of "look at how good this company is!" "The CEO is a financial god!" "Insider buying!"
Today it was fun to watch the sharks rip the money/flesh from those dreamers who are gambling on the .0001 moves, which at this level of pricing, 100% moves in price are very doable.
I would bet a lot that most 'traders' currently are just that, trading quickly in and out. Probably very few are betting on company fundemenatals or long-term investment (except some sharks who have 'free' shares now. They'll just let it all play out)
I applaud those current sharks. Heck, one of them even PM'ed me to tell me how VYST was going AND also show me a few of his other bloodied waters to entice my greed... HA! That's how sharks work.
In the end it is all about money. So go for it sharks. See who eats who before VYST steadies out and shows the investment world just how bloody the stock market ocean can be.And to the winners go the spoils.
Go flippers go!
A 'new' look to this blog, even a wonderful pic of the CEO! Oh, he's gonna make the shareholders millions! Millions? I meant, BILLIONS!
Billions of shares that is...
All the dilution dumped by conversions and other company 'needs' has flooded penny land with millions upon millions of 'flipper' shares.
And just think, the shareholders of the UV company that 'we' (ha ha ha) 'own' are gonna get royally screwed also!
Weeee!Weee!Weee! all the way to the common shareholder getting the shaft.
Now, here is the reality. The company management will make bank, the sharkies/expert penny flippers are going to make bank, the long-time investers (I've got over $10 invested here, for years) already are screwed.
As for 'averaging down'. What, ever try to catch a falling knife while naked and wearing a blindfold standing on a milkstool balanced on a peg leg? THAT is what investing in this (censored) company called VYST is.
I can hardly wait for the 'real soon' reverse split. Why I bet I'll own a whole 100 shares @ $5/share. Golly gee whiz!
Did I also mention, WeeeeWEeeeWeeeeWeee!
wanna bet?
I bet that a few savvy traders who relish the penny land will make bank... maybe ten people. The rest are going to get slaughtered especially when the SEC filing comes out showing no revenue for quarter, a LOT of dilution, and most importantly, a really nice r/s coming.
I'd say there is going to be a 'run to the bottom'.
Why would I say such? Because all the hype is designed to attract more sheep to the slaughter so those who push their computer buy/sell button faster than a gunslinger can take their money.
And I say, 'BRAVO!' on those gunslingers.
Today's action and 'chatter' are beyondcomical...
Having been a shareholder in vyst for years, and years, it was nice to see the company slowly plod along in the past.
Stock price steady. Insiders buying like crazy. Waiting for the latex connections to gain traction.
Rodham. Matteress. Etc... and then this crap happens.
A completely incompetent new management team who only care for themselves what with all those 'new' share structures for themselves and those other than common shareholders.
It is highly doubtful now that I will even get a fraction of my investment back and also highly doubtful that all the new dreamers taking a position in this company will profit.
Sure, there will be those sharks that graze and some lucky folks who take a little profit here and there but come on... over 90 million shares traded yesterday (sold/bought) and over 100 million today? So, where are all these shares coming from?
I've been reading that dilution is over, the bottom is in, and all
the false stuff only a dreamer could stomach.
Truth is, this company is in trouble. The average investor for sure should run and spend their money on something reliable like food or beer, definitely not VYST... UNLESS management proves the situation I just painted is wrong, but highly doubtful.
I wish I had never heard of VYST and definitely give both thumbs down to VYST management and especially the 'new' CEO.
And to the sharks and expert penny manipulators out there, enjoy whatever crumbs fall your way, you'll deserve every +/-.00001 of profit.
I'd say tons of selling... Where did the 90million shares come from? Mmm, let me guess. Dilution? Conversion? Magic beans?
Been here a looooot longer than all the new "Buy buy buy!" crowd of penny flippers
I wondered why Doyle stepped down as CEO and now I know, new management forced him out so they could play games and self-profit in the penny market of shady deals, dilution, etc...
Lost a lot of money here, or should I say, I will once they R/S and drive my over 10k investment to something like $100.
I don't trust the current management of VYST, I no longer like their RAH RAH condoms and clear balloons. SEC filings the past year that new product has been for sale reflect that sales are just about zero compared to what they did in rev years ago with NO product other than a sleep clinic.
Do like the technique of latex they have patented.
And finally, no one will make money here except some sharks and expert penny flippers. The average investor will get slaughtered.
Of course, management is the only entity that can prove me wrong... but they all are on the take. I wish Doyle was back in charge. He was boring but at least honest and tried to make the company work.
Breaking News!
The elusive Bigfoot was seen building a dam in Angola. When authorities cornered the Beast while it tried to hide in the middle of a goat herd, it was heard to day, "Crap. Busted. But Dominovas Energy made me an offer I could not refuse..."
Authorities further interigated Bigfoot (losing three investigators in the process as Bigfoot dismembered them)
However, they did learn that Bigfoot lived in a Condo in Atlanta Georgia and lived off-grid, powering his lucrative marijuana plant operation with the Rubicon, a fuel cell made by Dominovas. His plants needed a generator capable of producing 2 megawatts of power.
(Needless to say, Bigfoot was much happier living in Atlanta instead of trying to hide among some starving goats.)
Further updates about Bigfoot will soon be coming.
It is good when a company adds the caveat of "if".
When I read the various SEC filings of companies they all add the "if" on just about every aspect of the business. "If the price of commodities used go up." "If we experience employee shortage." "If it floods."
Now IF a company, (KK in particular) said "It's a no brainer that we're gonna win and all the shareholders are going to be happy and wealthy..." I for one, would run far and fast from such.
For the past year (s) volume in DNRG has been low and price locked. Mostly @ .0002-.0003.
Then, coming into the last month of trading for the year 2018, the .0002 level was cracked open and then over 100mil shares traded in one day.
Two reasons for the trades 1. Someone (s) sold for the tax loss but in that scenerio there had to be buyers also. 2. DNRG issued some shares and either a deal was made with a buyer for reasons most likely business related.
A lot of shares in DNRG traded recently. By the companies own past PR's, it stated that the company building the Rub should be ready next Spring, 2019.
Not much a long time investor here can do other than sell at a loss, hold for a gain or loss sometime in the future, or (ha) buy more!
I choose to hold and if some spare money drops out of the sky, buy more at .0001, unless the company officially closes the doors with some kind of announcement by Neal, such as, "Well. Uhm...As far as the ride we've all been on...Uhm, well, I like Vanilla ice cream!"
Me too. Though, thinking most likely some people selling to take tax loss and move on. Can't blame them. No news. Definitely nothing jumping up and down saying, "Buy,buy, buy!"
Still convinced the company sold some shares also in the past few days.
If it stays in the .0002 -.0001, I might buy a few more shares because I still think there is a chance something may still come of this.
Wouldn't recommend this stock to people looking to start investing in the market unless they loved going to Vegas or buy lottery tickets.
A billion dollars? I already own one that I got for free. It's called a television set. Why, just the other day I went back in time and watched, 'I Love Lucy'. They sure had crazy hair back then.
Thinking DNRG is selling shares along with a few people taking end-of-year tax loss.
Thinking a good time to buy at .0002 and even a few lucky shares at .0001
And then, if it all works out, I can look at my time machine next year and see on a financial tv show the day DNRG soared in price! Might even have to record it.
That's better.
However, I disagree with your statement as show proof of pumping; proof the company is not working behind the scene.
If this stock was being pumped the price would be going UP not down.
My thinking is the recent volume is the company selling more shares for 'something'. Over $30k worth in the past couple of trading sessions.
Guys? What about us ladies. Women can invest in the stock market also.
As a proud woman, I still think DNRG will do something positive for investors. Call it, woman's intuition...
DNRG is not a factory but has stated they have turned over the Rubicon to two entities. 1. Financing of the Rubicon 2. A proven manufacturer of fuel cells.
The names are all there in the past DNRG news releases.
A CFO with great computer skills (needed for the Rubicon while under operation. See the wireless aspect of Rubicon)
And Dr. Islam is still working for Dominovas.
It will be interesting to see just what this Rubicon actually looks like, and preferably before March of 2019
Agreed, worse than watching paint dry...
However, paint eventually and finally does indeed dry.
So too this 'many-years-long-case-of-infringement'.
Think of this to help soothe and pass the 'paint drying on the wall'.
IF i-f Greenshift would have gotten a positive judgement from McKinney, I think we'd still be in an appeal process from their side, ie. infringing companies fighting the 'settlement'.
Sure, shareholders at that time would have reaped a nice price increase and there probably would not have been all those many, many r/s.
But, for some investors such as myself and others, at least in the time between the McKinney crap and now, the US Patent office has reviewed and sided with Greenshift.
Not a legal beagle by any means but thought I read something somewhere that this current legal battle will be it with no more appeal (other than the Supreme Court)
Still thinking there will be a settlement offer made as soon as the infringing companies lawyers smell potential/pending loss.
In the meantime, there is pizza, jerky, and hot chicken wings dipped in buttermilk/ranch dressing\ along with other goodies to help pass the time.
Guess we'll all see some more progress of this paint drying, soon (or in the next year or so)
Don't know the particulars of the deal between VYST and UVFT but is it a coincidence both stock prices are almost identical?
On the AVL website it shows they are working on SOFC fuel cell that is scaleable, just like the Rubicon.
Hard to pin down if Dominovas and AVL are still working together after the Rubicon was not installed in South Africa, BUT, true, AVL is STILL listed on the Dominovas website.
Info on the the deal between Dominovas and AVL has been on the company website for awhile now.
Angola seems intriguing but thinking the fuel cell route will be of more near news than anything else. I say this because the company has a financing company AND a noted manufacture working on the Rubicon. Thus, the company can afford to be quiet while not spending any of the $300 of cash the 'company' could find in the sofa cushions at the CEO's house.
To those who don't know, one of the selling attributes for the Rubicon was computer related.
It makes sense that Olivier Fousse is the COO now as he has 18+ years of experience with 'computer' stuff.
As for the Rubicon and computer, one can research for themselves. It becomes obvious.
By using the word, 'they', you have pointed out that the company known as Dominovas Energy Corp exists. That could be carried out further to show that anyone that forms a company has built something, ie, a company.
DNRG is a publicly traded company and actually has built something.
1. Dr. Islam has patented technology,DNRG has received publicly stated financing from another company and has passed over the Rubicon to another company to build to industry-sellable standards and if their schedule is followed, is coming in the next four months.
Also, the company has built faith, abeit a strained faith, in many shareholders to include myself.
What fun it will be if my faith is justified. Not so fun if it is not. But, that is what sets people apart... those willing to take chances and those that don't.
Interesting (at least to me)
Dr. Shamiul Islam is still listed on, Linked in, as being a part of DNRG. Also, in the most recent news release (over a year ago) the Rubicon was supposed to be available within 24 months of March 2017. That makes March 2019 the endgame.
Of course, I heard that with South Africa.
What do I as an investor take from what I read today? Suppose it's that Dr. Islam is still a part of the company. And, that he has also held a low profile recently along with the CEO and such.
It sure would be nice getting some news from the company. Any kind of news. Even bad news.