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Good Morning VYST. Exactly R12! Very well said!
VYST
Big wall at .0049. Not a coincidence. Real news will go a very long way.
VYTEX RXAIR FEC NEW ROTMANS
Good Morning Vystar longs only! Fortunately no hub sewer for those real shareholders. The company has value and that value will prevail along with longs not sarcastic shorty.
VYTEX RXAIR FEC NEW ROTMANS
Then it’s time to move out of the Vystar garbage! GLTU.
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Good Morning VYST! Wasn’t me or anyone I know.
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Who would sell 100 shares of Vystar at .0038 at the open? I think I know. Stupid games as usual. Looks like I should buy 100 shares now at .0044. If I do that it will put my VYST holdings over 36M. Oh well why not! Good morning VYST! The games will be over before we know it.
VYST
What a shame. Vystar was up 5 percent today. Sorry to disappoint. The end of the month is coming.
VYST
Good morning VYST and real shareholders that refuse to sell their shares!
I’m sure the Doobie brothers were STONED when they wrote that song supposedly about Vystar. Just more sarcasm! Most VYST SHAREHOLDERS know nothing about the hub! Lucky them!
VYST
Well then, sounds like a GREAT TIME TO MOVE ON! GLTU. Good morning VYST longs!
Really? Sorry to disappoint to report but VYST is back in the 5's... BUY volume is also 2 to 1 OVER SELL volume! Darn say the non-shareholders. Steady as she goes in a BULL market. This one could be the surprise while all of the big names keep tanking! RIGHT? Never say NEVER!
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"So, how soon do we see trips?" Only if it's a Vystar wish and why would that be? Shareholders are looking for an upside not a downside.
VYST
Vystar is definitely having a much better morning than other companies/crypto etc. Much MUCH better. I know hundreds of VYST longs who are ok with the company as they wait silently not sarcastically. The difference is that they own shares!
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Good Morning VYST!
So much volume….don’t everyone SELL all at once.
Vystar Adds Vytex into RxAir Spin-off, Sets Spin-Off Record Date, Opens Opportunity for Reverse Merger Into Vystar/Rotmans
• Vystar/Rotmans would have singular focus on furniture/bedding industry to be attractive reverse merger opportunity
• RxAir NewCo would include RxAir®, Vytex® and Fluid Energy Conversion
• RxAir NewCo dividend record date set for June 30, 2022
• After 100% RxAir NewCo spin-off, NewCo will issue 9.5% equity to Vystar
Worcester, MA, Feb. 23, 2022 (GLOBE NEWSWIRE) -- Vystar® Corporation (OTCQB: VYST) announces that it plans to split into two companies via a dividend. In addition to the previously announced spin-off of RxAir® air purification and Fluid Energy Conversion subsidiaries into a separate, publicly traded company, Vystar plans to add a third subsidiary, Vytex® latex and rubber, into the spin-off. The parent company Vystar will retain Rotmans Furniture, one of the largest independent retail showrooms in the Northeast, as a retail furniture and mattress pure play. Vystar would retain a Vytex license that allows for the use of Vytex latex materials in the manufacture and retailing of mattresses, pillows, bed toppers and upholstered furniture for Vystar and Rotmans. Vystar desires to take this action after early discussions with companies interested in a potential reverse merger into the Vystar parent company and its Rotmans subsidiary.
“We have been approached by parties interested in different Vystar divisions,” stated Steve Rotman, Vystar CEO. “We always explore options, but after thorough analysis, we believe that a reverse merger by a significant furniture retailer or other manufacturer into Vystar could yield a four to six times multiple over a buyout. Rather than a one-time buyout payment, a specifically targeted reverse merger could create a combined entity that could have significantly higher revenue ($100 to $150 million), increased buying power to achieve greater economies of scale for enhanced profits ($10 to $15 million) and a higher PE ratio. Ultimately, we believe this would support a significantly higher share price and greater market cap.”
“Furthermore, Vystar keeping a Vytex license for manufacturing of mattresses, pillows, toppers and other products after the spin-off of Vytex could create an additional revenue stream (both manufacturing and retail) and add value over time if the merger partner chose to pursue that avenue,” Rotman continued. “The combination of furniture retailer and Vytex license to produce bedding and upholstery is ideal for a reverse merger candidate that is looking for immediate growth and a low cost entry into the capital markets.”
This type of merger would have the potential to bring valuable new assets, revenue and talent into Vystar that may be the foundation for further growth and a more dominant position within the industry. Vystar’s $34 million carry forward tax loss could offer significant tax advantages for the new merger partner and the subsidiaries within RxAir NewCo. After a spin-off, Vystar and its Rotmans subsidiary would intend to have a singular focus on the retail furnishings/mattresses market, making it more appealing for prospective furniture or bedding retailer merger partners desiring to become publicly traded, without the burden of additional subsidiaries unrelated to their core focus.
“Rotmans has a long, successful history thanks to our dedicated, talented employees,” Rotman pointed out. “The future of our employees and continuity are of paramount importance and will be driving factors in management’s choice of a merger partner. We expect to have the reverse merger complete mid-year of 2022.”
Vytex® Added to Spin-off of RxAir NewCo
After Vystar completes the spin-off of three wholly owned subsidiaries, RxAir NewCo would be an independent publicly traded company consisting of:
1. Vytex, a developer and licensor of patented latex and rubber formulations;
2. RxAir UV light air purification systems; and
3. Fluid Energy Conversion (FEC), a developer of patented ultrasonic technologies.
Additionally, after the spin-off, RxAir NewCo would issue shares to Vystar, so that Vystar will have a 9.5% ownership in RxAir NewCo.
“We have more changes afoot to increase shareholder value now at Vystar than ever in our history,” stated Rotman. “We want to create a catalyst for growth for all of our subsidiaries, and we believe that a combination of placing Vytex into the RxAir NewCo spin-off, independent of Rotmans, creates a cleaner, publicly traded, higher valuation entity that will be better positioned to expand research and development of all three subsidiaries’ intellectual property across multiple industries. Vytex continues to progress its R&D, and explore new opportunities that have arisen across multiple industries. We will provide further information in future releases.”
Vystar decided to delay the previously announced time frame for the RxAir NewCo spin-off to facilitate the addition of Vytex into the spin-off that, in turn, creates the singular focused Vystar-Rotmans entity in preparation for a potential reverse merger. Vystar plans to execute the spin-off prior to the reverse merger. Those holding shares of Vystar stock on the dividend record date would receive a dividend of RxAir NewCo shares on the dividend effective date. Vystar has set the dividend record date as June 30, 2022. Vystar will announce the dividend effective date and ratio of the dividend once details become finalized and have passed regulatory review.
Additional Activities
In preparation for the above planned and potential activities and transactions, Vystar and its subsidiaries plan to conduct a number of corporate transactions to facilitate a smooth transition. These may include issuances or conversions of common and preferred stock, debt settlement, restructuring of debt and other activities that will be disclosed to shareholders in accordance with SEC requirements.
For inquiries regarding Rotmans, the reverse split or RxAir NewCo dividend, contact Steve Rotman at 508 438 4143, or srotman(at)vytex(dot)com.
Follow us on social media:
Twitter: @VystarCompany @RxAir
Facebook: @RxAir
Instagram: @rxair_air_purification
Keep waiting. The swamp is full of NON VYST SHAREHOLDERS.
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Good Morning VYST! Mostly EVERYBODY involved in the hub do not have the real shareholders best interest in mind. A few longs here do. Hundreds of longs not present DAILY is what is really going on! Mark those words. Company supporters will re surface when positive events unfold and unfold they will.
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CORRECTION-I don’t believe a Vystar word of that.
LOL Correct-Only 1 shareholder here (HUB)...ME!
Great Time to leave VYST and go home! Why wait in the sewer? Bye bye! GLTU.
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Good Morning VYST! Nothing sarcastic to offer here today. ONWARD!
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Good morning VYST! Only good thoughts can and will create good developments.
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Huge Vandalizing going on aimed at Vystar. Unnecessary waste of energy and time. Good morning VYST!
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Highly likely the VYST swamp will be drained this summer!
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Good morning VYST!
Good Morning VYST! Stay cool and don’t drink the swamp water. The company will be serving champagne to respectful longs.
$VYST
Good Morning Vystar!
Good Morning Vystar! No Joke.
Many things in life are not what they appear to be. I and most other countless longs continue to hold our large Vystar positions as evidenced by the lack of selling. They are enjoying themselves and their investment while they stay far away from the dreaded sewer hub. The gains will take place when least expected and the disappointed faces will change. Sorry to disappoint!
VYTEX RXAIR FEC NEW ROTMANS
Quote: “Does Vystar need a "Hell Mary" to find a White Knight?” All self explanatory. Nothing else needs to be said. Hell says it all. Bless decent longs with hard earned money invested here in VYST that still believe. We don’t need a miracle but we will get one. Sorry to disappoint.
$VYST
Good Morning Vystar! Ya BS as usual. Longs are good!
VYST.
Good Morning Vystar real shareholders/non-Hubbers!
Everyone who owns Vystar stock wouldn't talk about the greatness of Vystar on the hub. They don't even know it exists. Even if they did, they wouldn't bother wasting valuable time… They already know what they need to know about the company. At TWO THIRDS OF A PENNY they are ok until the quite period breaks. Then watch what happens.
$VYST
Many of the Vystar $10hr minions have lost their jobs with unknown company enemies. VYST vs EMA and many other events still hang in the balance. When it’s least expected meaningful developments will appear and shock non Vystar shareholder. Longs knew this all along.
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Can’t and won’t make Vystar $ thinking like that. All longs are quiet and resolved that things will come together. If not maybe it’s time to retire and move on? GLTU.
$VYST
Good Morning VYST! Fortunately real shareholders will wait until the change comes. Sub penny will be long gone and so will the swamp.
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Good Morning VYST! At this juncture anyone promoting Vystar company doom is stuck without a boat load of shares and has nothing better to do. Free will investing is still alive and well. Many$ longs are perfectly happy holding Many$ Millions$ of shares and will be just fine in the coming days. Actually much$ more$ than fine! Carry on longs and ignore the pitiful noise. Changes are coming.
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The VYST trading day ain't over yet. LMFAO
$VYST
Good Morning VYST! Yes $10 an hour investigating doesn’t yield much. The silent smart VYST SHAREHOLDERS will get the very big yield. Much MUCH bigger than the investigators are predicting.
$VYST