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Understood. Would love to know more about the science. Maybe one day. We used to make can crushers using lenz law. Also made rail guns like the navy is using now.
Fun science and productive
$300k for a machine is a good deal. Technically there shouldn’t be much to it, it’s just Lenz’s law to a larger scale.
Nice summary.
No worries. The funny math is way out in front of a process that isn’t even proven to work in production.
I don’t doubt that a diamond can be made using the process but is it repeatable and cost efficient? I back-checked the feasibility with a professor from U of M, he said it could be done but it can’t be controlled. The amount of energy needed by the capacitors would be quite incredible. I suppose they’ve got diamond dust more often than not if anything.
Supposedly they produced a diamond certified by GIA but no one outside the company has seen the process in action.
I propose they demonstrate the machine for current investors over a certain share amount and those VCs that are willing to fund. If proven true then the money will flow.
I never said that... I just said it was unrealistic and unproven
Lol, No sh!t?
Not realistic... And not proven
Most of those calculations have yet to be determined since they’ve not ran the machine more than a handful of times. The measurement tech is still to be developed.
If they ran the machine “well” for investors I’m sure funding would not be an issue.
Since they are silent and under a chill.... we know little.
Personal aspirations. He’s very well taken care of.
Not to mention two 13F filings. One by IFP advisors and one by Chas P Smith Assoc as of 5-15-19.
Whales are buying here recently.
He’s up to 77 million shares now. More than the CEO at 36 million.
No worries. I agree. Need to see visibility on results.
He’s the only reason I stay invested... when will the wheels hit the road? Lol.
Story of his life... his corporate history is riddled with shysters screwing him over.
Doubtful. He’s never stepped in regardless of how crappy the business is ran.
I’d be curious to hear Snaper’s opinion as well. Smart guy but he lets the business side run wild
Not a surprise. I’m still siding with ignorance on CTDTs part.
I wonder if Snaper is even aware that this PR is out there.
True, spectroscopy is different but can they really use that miles above ground to infer a molecular structure? Seems far fetched. I can see that in a lab with no occlusion between the object and measurement device. I’d be surprised if it could be used in scouting mines.
Agreed 100% on the elements vs mineral. Could just be someone writing a PR that is choosing the wrong words to describe a measurement method and purpose.
I work in engineering and I cringe at the presentations by my sales force some days.
Once could deduce what mineral types it COULD be based on composition but it would not confirm anything.
Again, Snaper isn’t paying attention to how his company is being represented. If he is.... oh sh!t.
Given the history... anything is possible. I’m not judging either way.
I don’t know about Chaz but Snaper has been snookered more times than I can count. With this company and his previous ventures. He’s not a good judge of character given the past decisions.
I don’t know about the Apache deal. Seems like swamp land in the Everglades traded hands. Fraud implies attempt to deceive. They might be getting defrauded themselves. Given the past it wouldn’t surprise me.
The history is a mixed bag of failures to launch with high management turnover. If it was a share selling gig I’d say cut and run but right now they seem content to hang in the breeze.
If the chill were lifted I could almost bet they wouldn’t be interested in Apache.
My faith has been tested numerous times over the years but I’m still playing with house money and would like a higher PPs before I sell any shares.
This Apache thing is nothing compared to past questionable activity.
The acquisition leaves more questions than answers.
Naz was just pump talk... not realistic right now
Only after a RS. Likely this fall.
Over paid yes, but it happens with 2nd gens. The need for parents to protect their offspring tends to overpower good business sense.
They have the best of intentions and no one can argue against that, but business and finance have no feelings.
Tough world.... hence the protection.
They are pros at pumping and rookies at regulations. If it means long term profits and no SEC fines then they got away with it.
Good post and should be stickies.. I doubt it will.
It was end of May 2020.
Long way from $5
Let’s hope that trend continues. It’s easy to be a cynic.
Vystar just needs to deliver as promised. Stop the glam PRs and deliver revenue. Money talks and BS walks, cliche but true
Reality will show its hand soon. If the Qs show revenue then we know they know what they’re doing.
They have nothing to gain by PRing a scam under a chill. Plus they were not intending on PRing in the first place.
They must truly believe that this was a good business deal.
That’s a great explanation. TY. Looked really shady.
If true, are super sloppy, stupid or fraudulent. Could be all 3.
So many wtf’s some days.
Very nice! Hold for gold! I changed my last name to Rotman so I can get me some of those preferred shares as well.
Don’t hate the player, hate the game! Ready for liftoff.
Big week upon us?
Not sure of the date but it’s been over 4 years at least since the chill.
There’s been one hack after another trying to lift this magic Diamond company up.
Well... the company here had stated lack of revenue as a reason. I can’t find anything that supports that from a DTC standpoint.
Something legitimate is holding them back from getting it removed.
Maybe it’s less of a scam of the shareholders and more of a scam of the DTC to get the chill removed.
I don’t think the DTC cares, they are only looking to see fins showing revs and whatever else makes it a legitimate biz.
Ctdt cant sell shares under a chill effectively... so they must prove to the DTC they are legitimate...
It’s been very hard to do that.
OTC traders are the biggest FOMO bunch there is... group psychology chasing each other up a hill or over a cliff. Very comical.
Poor equity management painted themselves into a toxic debt corner.
We’ll see...