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There is clear intent in keeping the price down. Soon they won't be able to keep the lid on this.. they will shake the tree until then. the message for vyst rise from the merk of pinky to qb-qx and plan for NAZ people will jump in.. If you build it they will come!
Its so simple a caveman could do it!!
We have been through a storm of posters saying lofty numbers for the pps, sure.. We have also had people talk about the Rottmans store being photoshopped, along with the twitter account being fake. Oh and my favorite one "the Cake is a LIE" we have people claiming all kinds of things..
I will say this. Toxic debt gone. Management has followed through with what they have stated.. except the buy back.. They have their reasons but I can tell you a buy back at .000's would be alot more understandable than at current pps, heck even @ .039 your looking at 10mill to buy back 250mill shares @ .039.. Wouldnt you rather the use of work/capitol on product and advertising to help build revenue for further healthy growth? I see them working hard at trying to achieve some pretty big goals and they are on target to uplist. Bash the "Gagged" TA. A TA report is like paying for something that you dont have to while in pinky land just as your in launch mode with limited capital. fools errand to me. TA disclosure will be required at the first uplist to the QB. Oh by the way, statements of the OS on twitter is just as binding in court and to the SEC.
I know some bought at .15 pps for that I am sure you would have a bad taste in your mouth.. but face it they bought at the wrong time.. its the market. you can hold on or sell, but remember if you sell you lose for sure... there is alot of good DD here and if you do your own, you will find some ease with how this is playing out.
Good Moring VYST holders!! well the 10q was delivered on time.. the first part of a steady ride to NAZ. 1/3 of liabilitys removed and revenue is up %4760, production cost increased but that would be expected with new SKU's and the increase of production.. I believe we will see more action from the peanut gallery but that is to be expected.. If just a little DD and you KNOW what you have.. long and strong.. lets roll to naz!
Lets Go!
Just wanted to point out that the Twitter account is growing.. everyday.. other message boards are picking up in chatter. True story! Glta!
Kinda like here but I dont have to pay for Twitter.
Agreed, thanks chi. It's starting to unfold. I can't wait for pictures of someone eating a mattress.
No matter how you look at it. This is the third investor to buy in at .15pps..
After doing research in to the pricing of the NetSuite tools the least expensive per year cost netsuite mid market finincial edition to only two options selected, Financial Management Cloud Service, Inventory Management Cloud Service. came to... NetSuite License List Price / Year:$26,364. that not including the computer system requirments along with the network equipment or even the upfront cost of the software. Or even the training required to teach the staff to use it. Hitting a 100k/yr subscription is very easy.. If you want to build your own suite here is the link.. try thinking of the options that VYST would use.. remember have copyrights in europe if that helps you build a more accurate suite for an idea of the cost..
https://cloudsoftware.online/netsuite-license-price-calculator/
this is a link to the system requirements for the software just to train on the software..
https://system.netsuite.com/core/media/media.nl?id=30531851&c=NLCORP&h=69794e5146de5c424641&_xt=.pdf&addrcountry=US&ck=rBQ1ibfgAWRBpbO0
OTCQB eligibility Requirements:
U.S. companies must have audited annual financials by a PCAOB auditor. (Tier 2 Regulation A Companies are exempt from requirement to use a PCAOB auditor for their initial audit) In progress
Meet minimum bid price test of $0.01 CHECK
Not be in bankruptcy CHECK
Have at least 50 Beneficial Shareholders, each owning at least 100 shares CHECK
Have a freely traded Public Float of at least 10% of the total issued and outstanding of that security. CHECK
Companies with a freely traded Public Float of at least 5% (and $2 million in market value of public float), or a separate class of securities traded on a national exchange may apply for an exemption (see OTCQB Standards) CHECK
Have a transfer agent that participates in the Transfer Agent Verified Share Program CHECK
(US Companies only)
International companies must be listed on a Qualified Foreign Exchange (or SEC Reporting) and submit a Letter of Introduction from an approved OTCQB Sponsor NA
Reporting Requirements
Meet one of the following Reporting Standards: CHECK
SEC Reporting Standard
Regulation A Reporting Standard (Tier 2)
U.S. Bank Reporting Standard
International Reporting Standard
Alternative Reporting Standard
Timely disclosure of material news Twitter
Corporate Governance Requirements (Alternative Reporting only)
Have a board of directors that includes at least two Independent Directors TBA
Have an Audit Committee, a majority of the members of which are Independent Directors TBA
Verification Requirements
Maintain a Verified Company Profile CHECK
Post initial and annual verification and management certification CHECK
https://www.otcmarkets.com/corporate-services/get-started/otcqb
The next objective after the OTCQB is the OTCQX this will requier a higher PPS of > $1. For those that think there is some defined pps for the stock to achieve OTCQX or NASDAQ. Well there isnt. of all the requirements it varies in the definition of a pennystock but there is always exceptions to the rule.. but the base is >$1 and meeting a certian market cap >50 million as well as OTCQB standards.
I was unaware the merger was on 4/30. The only event I knew of on that date was the end of Q1 for Rotmans.
For those who do not know the game at hand.
VYST is in,
• OTC Pink, or Pink Sheets, is the lowest level and most speculative tier of the three marketplaces for the trading of over-the-counter stocks. This marketplace offers to trade in a wide range of equities through any broker and includes companies in default or financial distress. Since it has no disclosure requirements, categorization of OTC Pink companies is from information provided by the company. OTC Markets somewhat euphemistically advertises OTC Pink as “The Open Marketplace with Variable Reporting Companies.”
Companies may qualify for Current Information by making disclosure available pursuant to one of the following Reporting Standards:
• SEC Reporting Standard — Companies are in compliance with their SEC reporting requirements
• U.S. Bank Reporting Standard — Companies are in compliance with their Bank Regulator reporting
• International Reporting Standard — Companies are traded on a Qualified Foreign Exchange
• Alternative Reporting Standard — Companies that do not meet one of the above standards may make information available directly to investors on www.otcmarkets.com. Companies that choose to provide current information must publish their disclosure, including financial reports, as well as either an Attorney Letter or an Audit Opinion for review by OTC Markets Group's Issuer Compliance prior to being designated as "Current Information." For more information, please see the Pink Basic Disclosure Guidelines.
The Current Information category is not a designation of quality or investment risk.
VYST is working on or is qualified for,
• OTCQB, also known as "The Venture Market," which consists of early-stage and developing U.S. and international companies that are not yet able to qualify for the OTCQX. The company must be current in their reporting, undergo annual verification and certification, meet a $0.01 bid test, and may not be in bankruptcy to meet eligibility standards. Companies listed here report to a U.S. regulator such as the SEC or Federal Deposit Insurance Corporation (FDIC). The OTCQB replaced the Financial Industry Regulatory Authority (FINRA)-operated OTC Bulletin Board (OTCBB) as the main market for trading OTC securities that report to a U.S. regulator. As it has no minimum financial standards, the OTCQB includes shell companies, penny stocks, and small foreign issuers.
VYST requirements for OTCQB
Eligibility Requirements
• U.S. companies must have audited annual financials by a PCAOB auditor. (Tier 2 Regulation A Companies are exempt from requirement to use a PCAOB auditor for their initial audit)
• Meet minimum bid price test of $0.01
• Not be in bankruptcy
• Have at least 50 Beneficial Shareholders, each owning at least 100 shares
• Have a freely traded Public Float of at least 10% of the total issued and outstanding of that security.
• Companies with a freely traded Public Float of at least 5% (and $2 million in market value of public float), or a separate class of securities traded on a national exchange may apply for an exemption (see OTCQB Standards)
• Have a transfer agent that participates in the Transfer Agent Verified Share Program (US Companies only)
• International companies must be listed on a Qualified Foreign Exchange (or SEC Reporting) and submit a Letter of Introduction from an approved OTCQB Sponsor
Reporting Requirements
Meet one of the following Reporting Standards:
• SEC Reporting Standard
• Regulation A Reporting Standard (Tier 2)
• U.S. Bank Reporting Standard
• International Reporting Standard
• Alternative Reporting Standard
Timely disclosure of material news
Corporate Governance Requirements (Alternative Reporting only)
• Have a board of directors that includes at least two Independent Directors
• Have an Audit Committee, a majority of the members of which are Independent Directors
Verification Requirements
• Maintain a Verified Company Profile
• Post initial and annual verification and management certification
TRANSFER AGENTS
The Transfer Agent Verified Shares Program provides reliable share data to investors of OTCQX, OTCQB and Pink securities by allowing participating transfer agents to submit verified shares outstanding information on a regular basis for their clients directly to OTC Markets Group.
Display on OTCMarkets.com
Share data provided by participating transfer agents is displayed alongside a “Transfer Agent Verified” logo on www.otcmarkets.com, indicating that the information is reliable and trustworthy.
Market Data Products
This data is also disseminated through OTC Markets Group’s data products along with other security-related information to interested parties that rely on our data as the source for verified information on OTC securities.
• Worldwide Stock Transfer, LLC <--- CURRENT TRANSFER AGENT
Effective January 1, 2019, U.S. OTCQX and OTCQB companies will be required to provide verified share data through a transfer agent who participates in the Transfer Agent Verified Shares Program. OTC Markets Group will also use this data to confirm compliance with OTCQX and OTCQB market rules. NOTICE OTC PINK ARE NOT REQUIRED REPORT.
#SOURCED FROM WWW.OTCMARKETS.COM AND WWW.INVESTOPEDIA.COM
Did you ask if the company requested your so called GAG? or did your crayon break while taking notes? oh by the did you ask the agents name?
do you know how the hughs reactor works?
Not sure your right on that one. Got a link that states that?
I am sorry red fd?
From my conversation with greg, he stated the vyst 10-k or 10q cant remember ugh, will have to be replaced reflecting the combined 10k/q of each company. and If I am not mistaken they will go back a couple k/q's
Very nice! I literally was typing the same type of post you beat me to the punch.. nice job!
pfft
why pay for a service that your not ready to use? that like paying for internet and having no modem. once they move to the OTCQB then they will be required to. then they will.
but you didnt ask why he wont tell you!
I just talked to the TA. VYST isnt in a program the requires TA statments. up listing will make this a requirement that the company will have to subscribe to the necessary program for the TA to disclose such information.
TA isn't gaged and you dont know how the TA relationship works.
lol, pffft spit coffee every where...
LOL, Soo
Science! As per Greg insider holdings @ 80%. Try not to let pps trouble you, be awesome instead. True story...
Tell you what, Call the TA and offer to pay the Fee for Disclosure and see where that gets you.....
Soo, what. did you talk to him yet? what he said.
The variable is the SP when all is revealed. go bash shmp.
Talked to Greg... mind is at ease. hold on to your shares, buy if you can.
Do we know the size of the insiders position?
I guess the big question is when are they gonna announce the merger? q1 vyst or EOY for rotmans?
well Disney World does have "its a Stark world".. just saying..
https://www.themeparkinsider.com/flume/201812/6461/
yeah, they just made 1.2 billion in box office sales in the first five days of the new Avengers movie.
It's a Barney Stinson line.
You dumped a Porn star!!!!!!!! Friendship over...............
FRIENDSHIP OVER!!
GOOD DAY, SIR!
I am just messing with ya. VYST!! just waiting on pr news
HEY! Dont forget my gloves!
can you give me a clue? huh could ya?
the pickles have not fermented yet..duh
yep!