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Yes 1$ pps brings new eyes but it is not related to the QB status achieved today.
No, for every stock I ve been in, getting QB status did not create a buying trend or bring new investors. It s a good thing, dont get me wrong, but it is something that we expect from a reliable company like RELI. By seeing the pps action today it confirms it.
It s just one step in the right direction. Now lets get more PRs to continue our trend up from high .1's!
Not surprised by the volume, I ve seen that on other stocks, QB is not really a significant achievement. But I was expecting some "sell the news" profit taking but we re holding well above 0.8. This stock is solid, shareholders know there s more to come and QB is just a small step to bigger things.
NMGRF linked to tesla in an electrek.co article: https://electrek.co/2020/01/31/nouveau-monde-graphite-clean-tesla-ev-supply-chain/
Another awesome day to finish an awesome week !
Why dont you just say what changed, nobody could see what you meant...
Thanks, I thought the pps requirement for QX was 0.25. Makes more sense.
One question, maybe it was already answered but I do not follow this board much: Since the pps has been above 0.3 for some time now, why did they not apply to OTCQX? Or will they apply to QX after QB and before a major exchange?
Wow what a day here... AGAIN !!
Awesome day here! Glad I m holding since November 2018 !!
Hi SGW, thanks for the invite to this group, but since it s mainly talking about Trump I wont read it either, I dont want to have to dig through every post to find info about VYST, it s the same as finding good DD among bashers posts on the original forum... I guess Twitter is my only solution to find good DD...
Great post, thanks BBW.
Agreed 100%.
OK you have no idea what you are talking about.... Organic and allergy free are 2 different things... Organic means natural latex, but it will be allergy-free only if you remove the proteins which create allergies, and only Vytex does that!
OK... Vytex process removes all proteins so no allergy, that s a HUGE advantage.
OK so apparently you dont know what Vytex benefit over these is...
Who said they re not going to do it? I m not focused on that, but it s still on the table. Not at the moment, but later on it s still a possibility and they have not ruled it out.
LOL Rotmans revenues are higher than last year...
Again, we dont know if they are losing money or not.
And like you say, what would be the point of merging 2 businesses losing money? Well have you considered that Vystar products might be mature after so many years? Do you think they invested $20 million in it for nothing???
I actually do not really care about Rotmans revenue increasing or decreasing, $30 million or so is enough for me to know. I did not buy VYST for the furniture store but for their other products. Remember, the furniture store is only a first step but it s definitely not what will bring the growth. Management said PRs and contracts will come once the merger is completed. We re almost there. I m sure the first PR will be an update on the gloves test.
LOL OK the 3rd Q revenues do not include July for Rotmans....
How do you know it is 19.5 million? We havent seen the 8K yet.
At best you can say 19.5 in 8months (we dont have numbers for July) so that makes it close to 30 million per year, probably more since the second half of the year is stronger than the first.
LOL OK, any proof? It s all in the 10Q...
Cash was $64k on Sep 30th and there s been no dilution since so they do not seem to be in need of cash at the moment.
Also by reading the 10Q I can see that Rotmans is profitable: non controlling interest of 42% brings $63.8k net profit, which means Rotmans is profitable by $152k in 2 months. Revenue was about $6 million in the same period, so net prodit margin is 2.5%. Not much obviously, but profitable. And I m sure it is very conservative because the merger created additional expenses during the transition (reorganization, new software...).
Anyway I ve said that since the beginning, Rotmans is not what will bring growth to Vystar, it s their other products. But now that the filings for the merger are released (8K-A will follow), management will now be able to focus on the future contracts.
No, but Vystar once again delivered. With delay yes, but they delivered. Everything s going according to what they announced a year ago. Now the 8K-A, and then they will start releasing PRs about future contracts (gloves, mattresses, etc).
Patience is key here.
lol 6.4 million revenue in 2 months is bad?
Dump shares? LOL the recent daily volume is average (around 2 million). If they dumped, they did not dump much !
You got burnt big one time, but it does bot mean any OTC stock is a scam....
Just coming on boards to say that it s a scam too is beyond me... Dont you have a life?
LOL!
Have you seen the volume in the last 6 months or so? When did he dump his shares?
LMAO still scare tactics without anything to support them
New tweet, we ll see the filings today:
Accounting folks worked through the night changes updated by Edgar & XBRL. We anticipate release today. Auditor is in California so we should hear from them approx 11:30 AM EST or 8:30 PST. Will get you an update then. 8KA should follow quickly after 10Q is posted. $VYST
At the end of their message they talk about an "extra day" so their plan is to file today.
By late tomorrow it probably means after the 5:30 deadline for same day filing so it will be dated as filed on Thursday. I might be wrong though.
I m not brushing it under the rug, I m just saying it s not a negative. There s even more unrestricted shares owned by insiders as claimed by Vystar, but when you look at the volume in the last 6 months or so you can see that they did not sell because they know we re going up.
Float is still 609 million OTC, dated September 3rd. Yes we can assume it is now around 680 million. But seeing the recent volume, the people owning these recently unrestricted shares are not ready to sell yet, they know pps will be higher.
20 bucks is actually $2.8 million market cap, so yes we are definitely too low. around $4 million revenue with around $350k net profit per year, we should be much higher.
Then add Mondial Dubai and we are golden. The only question is how will Mondial Dubai be paid (they are worth $30 million if I remember correctly)?
Wow what happened here?
Another solid quarter for Woodbrook. Unfortunately, no mention of Mondial Dubai yet. I ll wait.
Agreed. But Monaker is the biggest contributor to the recent loss. But I prefer them selling now than at a higher pps, it forces them to sell more shares for the same amount of money.
They were on time for the last one but not for the previous ones so I dont know, we ll see.
Thanks a lot SGW for all your work.
Any update on the gloves side? Did Steve or Greg mention the results from the test done at medical facilities (in a tweet before the tour they said it would be addressed)? Will it be in the part 3 of the video? Thanks!