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Agreed. It’s a shame the Board has let the sham IR run amok. It’s cost them significant equity. But the OTC market has little memory. Bag holders are forgotten and new money is always out there who don’t know the history and don’t care, they just want an ROI.
I wish I had Greg’s job, we’d be at a dime still easy if what MadeMillions says is true... maybe even a quarter.
In some of my other stocks the CEO responds to me personally via emails. It’s amazing how much thought is considered. Now as they grow I’ll be forgotten but so be it. We used each other to make money.
IHub and Yahoo have very savvy people looking for the next 10bagger. I would easily bet they are much more educated and wiser than the BoD Steve has assembled. Steve is wasting a great resource pool in his shareholder stiff arm tactics.
... and that’s why I sold 75% of my stake here. I’ve already bagged 10x over in the past week with that money so that’s why I can forgive the Sham IR here.. lol.
Good luck VYST... but I think your time is just about up. Covid is a golden opportunity.
Company has to move or this goes back to below a penny, likely even farther. If the company does not release a PR within a month the Covid crisis will have passed and it will fall below a penny, no doubt.
I still believe the fake PR was released because the share price was in danger of falling below a penny. For some reason (QB?) the IR people do not want this below a penny again.
Solution? Oh that’s easy. Communicate with the shareholders in a consistent and factual manner! CEO needs to have monthly conference calls. It happens in the OTCs and is professionally moderated by companies like ProActive or Wall St Reporter.
This is common sense Steve!
If the company does what you say it will do... all the transgressions will be forgotten (at least by me). Onward and upward, after all wouldn’t long positions “long” for a higher share price. Yes, what Greg did was extremely fraudulent and likely cost me $80k but let’s see what the CEO and board can do to right the ship.
I appreciate your positivity, presence and staying on message. It reminds us why we invested here in the first place and is needed here. I think if other Longs did what you have done most would not have sold. The company does need to address Greg as he’s a liability to company reputation.
Keep it up please, we need to see both sides of the mysterious VYST coin.
Need a margin call for the short positions.
Yep. Yeah. I saw the comms that they were moving production back to MA. Lol, yeah right. FDA won’t certify what I saw in the videos.
Hard to sort the BS Greg puts out vs what’s actually happening with the company.
I’d only trust what’s in the Edgar filings. Everything else is BS IMO.
Looks like RXAir is made here now...
http://www.boi.com.hk/factory.htm#:~:text=Blue%20Ocean%20Innovation%20Limited%20(BOI,production%20facilities%20in%20Dougguan%20China.
If they were smart they’d partner up with another FDA approved facility to make RXAir. They aren’t capable of making these themselves at 1,500 per week. Bobby the forklift driver can’t see over his belt only makes one per week and it’s not an fda approved facility.
The manf space has to be somewhere else.
I know the demand is there, I can’t quantify it personally. I can only go off the PR that states they are targeting capacity for 1,500 per week. Which in Covid times for the 3000 and up models is quite possible. Normally, no... they’d be lucky to sell 5 a week before this Covid crisis.
Every place I’ve called asking to buy and Rx3000 is sold out and they can’t say when they’ll get more. The personnel on the phone Claim that VYST is working on meeting demand.
My bet is they can’t find parts to meet demand. If they are improving the units that’s fine and it makes sense to if they have to reinvent the supply chain. Which my guess is they are... Greg would have no knowledge of this. He’s too busy working on his tan.
If they improve the units then they’ll have to go through testing all over again to get FDA medical device 510k etc. That will take a year. So IF they did start in 2019 it’s possible and that’s why the PR talks about testing.
Clock is ticking though. Based on them just finding the molds for production it sounds like they were way behind. FDA will want to see the manufacturing space, quality controls in manufacturing and engineering etc.
Rotmans are in way over their heads here... but if they get the right brains involved they could pull it off.
I just don’t know the status of production, redesign goals, and what phase they’re in with the FDA in recertifications. Plus supply chain issues.
1,500 per week, 52 weeeks, $8,000 per unit.
That’s $624 million. Now I don’t think they’ll get $8,000 per unit. Maybe $3,000 in a crisis.
So that’s roughly .25pps with a 1:1 P/E.
If true demand and they have capability then boom.
That was Greg BS. Now that we have Covid the demand is real and urgent. I think the 2020 PR was the real start. I don’t think the company authorized any of those PRs anyway. That’s just Greg pumping and twittering from Cali with limited information about what is really going on. He’s black sheep and he only gets enough info to pump and sell shares.
EMA better start buying their 30mil shares now if they haven’t.
I estimate this should be at .25 if the Rotmans have a clue. That’s the scary part.. do they? I’m keeping a half mil of shares just in case. If it goes to .25 I’m out.
Pretend you’re a buying customer and ask what the backlog is before you’ll get your product. Depending on who answers the phone and what number you call you’ll get some insight into what’s taking so long.
Most of whom I’ve talked to have said they are “ramping” up production but the supply chain is very difficult to revive. Parts are hard to get since the history of buyout and shitty past management have let the RXAir product die on the vine.
Greg brought RXAir to VYST but likely only as a play to sell leftover inventory to pay his debt. Now the board and Steve are trying to leverage it in the middle of a
pandemic. From what I can tell they are making progress but they aren’t near meeting the demand.
Re-establishing the supply chain isn’t easy on a defunct low volume product. Think about the marketing phrase “trusted by 400 hospitals”... that’s mom and pop volume. Now they have to meet world demand...
Yep. The Covid “cure” is moving much faster behind the scenes then the news would have us believe. Trump kind of hinted at that Thursday when he said had a Covid therapy surprise that was “faster than anyone could have imagined”
My concern is that Vystar does not know of this (leronlimab) and are strategizing with the premise that Covid will be holding down the world economy for years. That’s just not true.
The world does need better air filtration but the urgency will disappear quickly. Whatever money they are putting into manufacturing now is a risk if their volumes drop when Covid isn’t a threat anymore.
Tell Greg/Steve they have about 2 weeks tops to make a Move or PR something. If this is a Covid play they are running out of crisis time.
An effective therapeutic is wrapping up clinical trials now. Once announced the “Covid threat” will be 1/5 of what it was. They’ve lost leverage at that point.
Somehow get this message to Greg as it appears he’s sleeping at the wheel and Steve is AWOL.
I see...
Seems as though this company will need some help... they are struggling to get product to market.
I can view it on Amazon TV. I don’t see it in AppleApp Store yet.
I promote the Channel on social media as much as I can.
GNUS (like many Small companies) sucks badly at promoting product on social media.
If they can buy them in Robinhood. They generally can’t.
If all Robinhooders would turn on Kartoon channel and leave it on, it would help drive ad revenue. Hell just leave it on overnight,
you don’t have to watch it,
It’s not click based. I know I will.
My fear is the FDA asks for more data in the S/C trial so as to let an aggressive buyout play out in the open market.
If the FDA asks for more data on S/C we’ll get that drop. The market will panic a bit but it doesn’t mean that the data was bad, it just means certain factions just aren’t ready to announce. Since it would drop the buyout becomes easier.
I have about $10k-20k ready if it does drop. It shouldn’t but this CYDY is in play. It made the Yahoo finance board of top gainers due to market being panicked over Covid. People are asking who is CytoDyn.
The only thing in our corner is Covidiots and Trump needs to save the markets. Quite an exciting time.
Wow, good to be on BoD OF CYDY.
That’ll bring the talent to the company. Very much like recruiting. Show me the money.
That explains the instability. Without catalysts to support the extended cap it will get top heavy and shorts know it. Easy money.
Dangerous game though.
I’m voting with the board recommendations.
Well Trump already knows, which means Congress knows... and they removed the rules against their trading oversight.
Corruption trades before news. That’s a given.
Tell the CEO to just chill out and maybe... the constant pump is not helping. He needs to focus on content and revenue. Show us some incoming cash and not the wallet. Smh.
Nah, they are soaking up the hype still. Give it 6 months and if VYST doesn’t bank on RXAir then this company will be a significant joke.
They seem to have a gold mine fall into their lap with Covid. Can they actually do anything With it?
This could easily be at .25 if so
Whoever called the gap fill at 2.1 was dead on correct. Granted he had help from an overzealous CEO who likes to pump. Lol.
Smart, if someone asked to borrow shares against CYDY right now I’d do the same.
Looks like they already got their short today.
I would agree... they have to be out by 2ish.
Agreed. This CEO seems to be looking for a pump now rather than just waiting for Arnold and Co to deliver the product.
They will let it drop to a penny and maybe lower to let their pals reload. Greg knows this game. Plus he doesn’t get another free PR until July anyway.
Shorts know to jump in around lunch and cover by 3P. It’s the daily cycle.
Would love to see that get burned but it likely won’t.
Macro question... If Trump does know he has leronlimab in his back pocket how long will he kee his mouth shut? He’s already hinted yesterday at a big surprise and he’s teased the “HIV vaccine” as a treatment.
He loves to tease markets and you know he wants to drop a hint to correct the Market decline in panic mode.
Called Chas, no answer. We’ll see if he responds.
I’m ready to promote if he has legitimate news. (Not dead mines)
I could show him some things on how to properly use that tool. He’d reach more people than a PR.
Give me some meat and I’d run ads for him, I’d make money in the stock to cover my costs, lol.
He doesn’t need to advertise RXAir.... or maybe he does? Lol... again they suck at communication and investor outreach.
That is likely more probable and predictable.
Maybe that’s the expected closing date of a buyout and stock will be halted anyway.
They can't keep up with demand... Covid crushed them. They need RXAir manufacturing capability and resources ASAP! But that's hard to do in a pandemic. Now that the world is sensitive to respiratory disease they'll have demand for years but now is the time to make the RXAir brand name worldwide. See link for inventory status... in the MiddleEast.
https://1outlets.ae/air-purifier-2-speeds-gray/pid/15126264963153/?SID=d67ef66a2097a893a58715a7e0d4be9c&___store=storeview_1outlets_ae
The original spinoff was Greg’s idea. He tried that at UVFlu as well.
Now that we have Covid the board likely cancelled the “spinoff” and is keeping the commercial business as a revenue hog.
Problem is they weren’t prepared for Covid and now they are scrambling to meet demand while under company silence.
Recent volume is all around RXAir production, nothing else.
Clock is ticking ... Covid crisis won’t last much longer. Great therapeutics (CYDY) are months away. Better hurry Steve...
Yep, NP hinted at that many times. Most did not believe him. I personally believe that started around 2.80 mark as well.
Let’s hope his Bod gives him good counsel, NP is out of his league here. He can’t be his arrogant self right now. Has to be cold and calculated.
It’s $30b with HIV and Covid. Both are likely. BigPharma knows it.
Whoever is running this up is absorbing the short shares like a pro. Expert trader that’s in a hurry, racing to get 35million shares before mid-July or before a buyout.
Him not paying attention to the science could explain why he would short it now. He is a chart and catalyst guy. I tried to tell him and his crew this is a multi day runner.