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Not trying to be negative here, but I don't like that they raised the AS another 500 million. If they do a R/S, does that include their preferred shares, because I'm afraid that's where we're headed. I can't see getting to NASDAQ with 1.5 billion shares.
Can I ask why the Q said there was no potential mergers at this time? Were they lying or because it's not official, they don't have to mention it? Just trying to understand what's going on.
So, it's not just the ones I pick? Every one I'm in now is in the toilet.
Thank you. That is all very informative, but it talks a lot about listing on the OTC and Nasdaq, but doesn't mention taking over a U.S. company already listed on the OTC. How sure are you that EMPM is definitely the vehicle they are using to bring Saean to the U.S. market? I already have some shares and am considering getting more, but I'm a little concerned considering all the things we always here about OTC companies doing, but they never follow through. I want to believe this is real, but I'm just not sure.
I just got in this a couple days ago and the more I read, the better it sounds. Do you, by chance, know how they plan to pay for these 2 new acquisitions?
Where did you find that out? If you're going to state something as fact, you should state your source.
Just curious, why would GSCG allow themselves to be a part of this scam to help LAHO? Unless their PR's and everything on their website is a lie, they seem to be a pretty successful company that just wants to go public.
Hey all, I just got into EMPM and I'm trying to figure out what's going on. If I understand the 8-K correctly, Saean, Inc. bought the majority of shares of EMPM, so how does that enhance the share value of EMPM? Is it stated anywhere that they plan on merging Saean into EMPM? I assume that's what the plan is, but I haven't been able to find that anywhere.
Is it not vaguely possible that when the consolidation hits, the share price shoots up to close to a dollar or even a little more and then when the inevitable sell-off occurs, it nosedives and settles somewhere a little higher than it is now, until they start signing contracts with manufacturers to use Vytex and FEC? I only say that because of recent experiences seeing FUS2 shooting to $3.07 and then going back down to around 30 cents, SHM? shooting to around 90 cents and then going back down to around 20 cents, and I've seen other people mention several others that have rocketed and fizzed in recent years. I'm not saying it's guaranteed to happen, but I don't think it's out of the realm of possibility.
Not sure what's funny about that, but ok.
My wife volunteers in the cafe at our church and the lady who runs the cafe told her that a group was going to the shelter, so we offered to go with them. It was fun and our kids got to spend time with the homeless kids and see what it's like to help the less fortunate. It was a great experience for all of us.
You aren't kidding. My wife and I helped serve food at a homeless shelter last weekend and we had to wear vinyl gloves. I went through probably ten pairs, to get a pair on 2 or 3 different times because they kept tearing. All I could think is if Vytex gloves are as good as they say, I hope this place gets them when they come on the market.
I'm of the opinion that they are 2 different companies, until someone proves otherwise, but honestly, I don't think it makes that big of a difference. I think Vystar is going to be plenty successful whether they sell plumbing tubes or not. I'm more anxious to see what women's apparel company they are working with for bra straps and cups, what company they are working with for tires, if anything is going to happen with FEC in Davita clinics, among other things. I think they have a lot of things cooking that we probably aren't even aware of, so I have very little doubt that things are going to be taking shape soon after they finalize the Rotman's consolidation.
Our Vytex has the R symbol, which means Registered Trademark. The Vytex tubing has the TM symbol, which just means Trademark, but it isn't registered. They are different companies.
I think that's a different Vytex. It says it is vinyl and doesn't mention natural rubber latex.
One down, one huge one to go.
8-K for the FEC acquisition was just filed.
That sounds awesome. I had no idea about the vape pens and the RxAir should be great along with all the other applications.
I've explained that before. Most companies when they are launching new products lose money at first because they are starting new manufacturing products and doing new marketing. Once all of that is established, they will start bringing in products. Do you really not know how things are done in businesses?
Why is a company called a scam because they don't get everything done in 2 seconds? I would imagine the things they are doing take time to make sure all of the t's are crossed and i's are dotted. I don't like the share price going down, either, but people are probably selling because they're scared. Once the company starts announcing things, people will start buying again.
If it's a pump, the Rotman's are morons for combining their family business with it.
You're forgetting that there are huge catalysts that will be happening soon. If the OS only changes a little, the catalysts will push this way up.
I would love to buy more if I had any money left. I have bought pretty much all I can and it's nowhere near as many as some have, which is why I will probably try to hold longer than some.
The cool part is, Mr. Rotman probably doesn't even feel the pressure, because he's done this his whole life. It's probably second nature to him.
Isn't that the case a lot when companies are building new manufacturing lines and marketing new products? Once they have processes in place and sales avenues established, costs will go down and profits will go up.
The word previously is used a lot in there meaning it is from the past.
Why would they consolidate their decades old family business with a company that's about to go out of business. Doesn't make any sense no matter how you spin it.
With shares and financing. Isn't that how all companies buy other companies?
Yes, I know. I was talking about the .0006 shares. The .15 shares are different.
So, I've been thinking about this revenue thing. Assuming the company at a minimum can almost break even with the Vytex, RxAir and FEC, they should be getting at least 4-5 million in profits from Rotman's per year to carry them, which should being the share price a lot higher. Now, in reality, from seeing the tweets about the RXAirs being shipped and the new mattresses coming out and Vytex being tested by different manufacturers and FEC being tested in dialysis clinics, I think it is more likely that the other divisions of Vystar will more than hold their own in the future.
Weren't those conversions from loans from the previous CEO?
And how many years did it take for Amazon to make a profit? You have to spend money to make money.
It seems like they are just starting the manufacturing process and probably figuring out distribution. They probably don't want to advertise until they are prepared to move the product. The worst thing they could do is advertise and not be ready and give a bad first impression.
One of the things I am most excited about is Vytex being tested by a women's intimate apparel company. If that pans out and it is a big name company, it could bring in huge revenues. People will always buy underwear. I'm also anxious for their medical gloves to come to the market. That is a huge category, also.
The 80 year old has been CEO of Rotman's Furniture for around 30 years and he ran NHS for a few years. How is that Zero experience? Just because it's a private company doesn't mean the experience doesn't count.
Ok, so what is the point of having an investor's relations number to call. Also, I have never seen anything from Greg where he has disclosed anything like earnings data. He only says things like "it will be done soon" or "it is on track". Those are general statements that don't really give anybody an advantage.
So, I've been reading all these messages saying that the information Greg is giving to investors is illegal and I got to thinking, then what is the point of investor relations, so I did a little research and from what I found, there is absolutely nothing wrong with what Greg has told anybody. I found this article and I will copy and paste some of the most significant snippets. You can read the whole thing if you would like.
https://www.bloomberg.com/opinion/articles/2015-07-31/when-can-investors-talk-to-companies-
I have a serious question for you. You claim that VYST is doing all of these bad things that are going to hurt the stock and bring down the share price. Looking at all of the form 4's and other filings, it shows how many shares the Rotman's and other board members/insiders have purchased or been given in lieu of salary. Also, unless we have been fed a bunch of BS and let's assume that we haven't, the Rotman family, including Steve, his kids, his siblings, and possibly other family members have agreed to take their family business that they have built over several decades, with what seems to be an impeccable reputation in their community, and roll it into Vystar and make it part of the VYST stock. So, with all of this being said, what reasonable and logical explanation would there be for them to make the company and stock almost worthless?
So, I just took the time to read some of the text in the 10-K and I have to say I got a little excited. Here are some of the lines that made me happy.
"Vystar has initiated a scale up to lab production of all three newer versions of Vytex NRL and has commenced a sample fulfillment mode with a significant manufacturer of women’s intimate apparel who is in the final testing stages of two of the grades (no ammonia and ultra-low ammonia) as possible replacements of their current raw materials."
"Recently at the Nuremberg Toy Show (Speilwarenmesse) Vytex NRL was a targeted product for manufacturers of balloons, masks, etc."
"We now have several licensing agreements in place for global distribution that have allowed us to focus on and transition to sales and marketing with a technical oversight."
"New specialized formulations are projected to come to market over the next year with trials in ultra-low ammonia, pre-vulcanized and low nitrosamine versions currently taking place. Vystar has used its technology to work with customers to solve production issues and provide them with a point of difference and guidance as research using Vytex has headed into directions previously thought to be off-limits to natural rubber latex. It appears to be the removal of the vast majority of the proteins, the carotenoids and the non-rubbers that affords Vytex NRL this opportunity."
"Vytex is available in many offerings such as low/no ammonia and low/no nitrosamine formulations, which are now being required in certain countries and by certain manufacturers. Vystar anticipates fulfilling this multi-billion-dollar market need with Vytex."
"These facts, coupled with the uncomplicated transition to the utilization of Vytex NRL, make it very attractive for processors to regain lost business by switching to Vytex NRL. We believe our unique patented technology offers a viable alternative to the marketplace. The licensing model will allow the message to spread through more sales channels than we could reach in the past."
That can only happen if the audit is complete. Any word on that?