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grace period of five days for 10-Qs
Thanks...feel better now
:Ihub: they've been sued not once, but SEVERAL times for defamation. Investors Hub has been investigated several times by the SEC and Matt Brown the founder of IHUB saw a four year prison term for manipulation
Anything new here?? Estimates seem to be getting lower and lower for potential payout...
yes it does
1,000,000 moved up to .0336 bid
hmmm.1,000,000 at .033 bid
But no one can explain the fact that it was over $15million in volume...That is not the money you toss around for a paid promo...
Who bought millions and millions of dollars of this stock? More than a pump and dump. Not IHUBers, Not StockTwits, one paid promo wouldnt generate that many buys? Can anyone explain the dollar amount bought?
GTSM is all over LV 2... They trade for institutions as well as retail...might have some institutions backing to really help with production needs...if they are really trying of course
So what is company going to with millions of volume from the last few days??? They don't get cash for the trades...biggest p and d I have seen for a pinky...something afoot
Just go to .00xx so I can start averaging down...Going to be a long long time. Fukking feel for it again!
You will have new people with you this round.... Take forever to average down.
Dang I hope so....so many bagholders above .05 from yesterday....like millions and millions of shares
still cleaning out the low gene pool
Dump or stop loss attack?
Think we see that huge volume again today???
You think what is happening is the spin off??
MUCH MUCH BETTER than what I found!!
Maybe its the spinoff.
Vystar expects that any plan will proceed as follows:
Create a publicly traded subsidiary called RxAir, Inc. encompassing the UV400 air purifier product and related intellectual property (IP), tooling, websites and other assets, which will focus on the growth opportunities in the growing residential, healthcare and commercial markets.
Contract with an outside entity which will control 51% interest in RxAir, Inc., with an investment of $3-$5 million in production, tooling, inventory, and operations needed to run RxAir.
Vystar plans to award 39.1% of the RxAir shares as a pro-rata dividend to Vystar shareholders as of the designated record date.
Retain 9.99% of RxAir shares for Vystar Corporation
Vystar will retain all other currently held assets.
SCROLL TO CONTINUE WITH CONTENTAD
Vystar is currently entertaining offers as part of its fiduciary responsibility to shareholders in obtaining the best deal related to RxAir. Vystar has been in serious negotiations with a qualified healthcare group in manufacturing, and marketing for business-to-business (B2B) and business-to-consumer (B2C) products.
“We anticipate that this strategic initiative will enhance value for shareholders and attract new shareholders who will buy Vystar shares to reap the dividend. Investors generally appreciate an unexpected dividend bonus,” stated Steve Rotman, CEO of Vystar.
Vystar’s Board believes the spin-off would have multiple positive effects:
Valuation – Vystar anticipates the new entity will have a market capitalization of $10 million based on capital, assets and market track record. Vystar shareholders would receive 39.1% of the shares with an anticipated valuation of approximately $3.9 million and Vystar would retain 9.99% of the shares valued at approximately $1 million. Vystar would retain remaining asset value in the RX3000 of approximately $900,000, totaling approximately $6 million -- a healthy profit for Vystar and its shareholders over the $900K Vystar recently paid for these specific RxAir assets.
The Dividend – There generally are multiple positive effects from a dividend. Traditionally most shareholders will opt not to sell until after the ex-dividend date in order to receive the dividend since stock exchange rules require investors have their stock purchase completed (hold real shares) by the ex-dividend date, which is one business day before the record date. Vystar anticipates announcing the ex -dividend date in the next few weeks, where the ex-dividend date would be set 60 days following the announcement.
Among other things, the spin-off would be subject to finalization of the entity structure of the spun-off business, effectiveness of appropriate filings with the Securities and Exchange Commission, final approval of transaction terms from the Vystar Board of Directors, and other customary conditions. The spin-off does not require a vote by Vystar shareholders.
Looks like 1 billion float...they will need to clean that up
How so? They are looking at uplisting. $1 would mean they are worth 1.2billion at current share price.. don't think it will get to $1 with that much..
Do you know the public float?
What do you think PT is or do you think it is done?
Anyone think they will do a large reverse split?? I see 1.2 billion share structure.
Maybe govt contracts??
Last PR was May 2020???
Maybe they are trying to uplist????
Vystar has acquired a controlling interest in Rotmans for $2,030,000, comprised of 25% cash over 4-8 years and 75% in notes convertible into shares. Vystar desires to uplist to NASDAQ and expects any conversion of the notes into shares to take place after that event. All stock will be restricted.
Highly doubtful this is a Pump n Dump...$15million in volume for a pink sheet stock....Highly unlikely
Company buying back some shares???? 1.2billion share count
damn it it was a P and D. well holding above .06...Any chance it goes back???
Is this a P and D
Hi Everyone-
Whats happening here...They have a large contract or something....
Any chance of this ticket being reinstated?? Thinking about have my broker clear knock it out and use it to offset capital gains...
Where are my PVEC certificates!!!!!!!!
reading Stock Tits looks like a group has it running for a quick flip
Just looks like it. Not sure how they are making any money because their website doesn't even have a place to buy products. They are doing testing only.
Yeah, looks like it
Hey guys. Is this in the middle of a P and D scheme
Dang that knocks out the majority on the predictions list. What is that .6 payout to shareholders?