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LOL, these tours stay OUTSIDE of the building, you need special access tonget inside!
LOL, so let me see what you re saying here.
Insiders invested $20 million in this company (all proven in the files). If it was meant to crash, why didnt they start selling at least some of their shares? Show me ONE form 4 about an insider selling, there hasnt been one in 10 years! Do you think they dont care losing these millions? Insiders know they will make that money back (and much more), and that is why the company made all the effort to pay off all toxic and convertible 3rd party debt the last 6 months, because their business is now ripe and ready for huge growth!
Where did you see these shares were not bought? Especially when the price is what was the market price on that day. Sounds like you re bullshitting here.
Awesome post, thanks! Deserves a sticky !
LOL, still thinking Vystar is a furniture company?? LMAO!
LOL who cares about one red day, look at the trend...
Actually 5 forms A were filed and 5 directors bought on October 7th for a total of about $1 million ! Definitely good news!
Haha good catch Doog!
Check the stats: all furniture stores make more money in the second half of the year. These 6 month numbers are meaningless.
Looks like people dont want this ticker to fly.... Patience will pay big time here!
? Which fins? Quarterly report is only due mid November, not mid October.
The merger is already priced in based on what we know ($30+ million revenue), we have a market cap of $30-35 million. That is why the pps does not go below 0.025 and has been staying around 0.03-0.04. As long as nothing else is confirmed, no reason to pay more.
Now we re waiting for news about the other Vystar products, THESE will bring a pps increase, and I m confident we will get a lot of nice PRs once the merger is confirmed in a couple of weeks.
Yes, the test could have been completed by now, and that could be part of the update Greg promised on Tuesday.
That s an optimistic assumption obviously, but so far I have not been disappointed in the products so I think this will lead us to some good news.
Seriously?
I just sent the link....
Also he talked about 250,000 gloves but it does not mean he did not have a portion of it to start tests...
The test has already started, apparently you forgot that tweet from August 29th...
Absolutely, we are testing the gloves now and have one partner interested in catheters. With the allergy issues, Vytex is an ideal replacement in almost every sector of the medical industry i.e. plastic tubing... $VYST
— Vystar Corporation (@VystarCompany) August 29, 2019
No update on the tour? It s supposed to be before the 7th of October (according to the rules announced on twitter, see link below), so are you going this weekend?
We think it’s important that people get a perspective from the outside & not just management. We will pay for & book tickets (Continental US), round trip for 2, come & visit our corporate headquarters in Worcester MA, take a tour, meet the CEO & other staff. Terms in Image. $VYST pic.twitter.com/LbOGLd1Dpy
— Vystar Corporation (@VystarCompany) August 25, 2019
What you dont understand is that revenue is now coming (mattresses, RX Air... all will appear in Q3 10Q), and profit will be used to finance future products. All 3rd party debts were paid off, so now all their money is dedicated to the products. RX3000 is coming too.
It all makes sense when Greg says that "we have enormous revenue growth built-in for the next 12 months".
Agreed, communication has never been a strength for VYST, but at least they delivered on what they said, which is more important!
Great news!
Just did the math from the 10Ks:
2019 377,230 (6 months)
2018 342,049
2017 16,754
2016 122,456
2015 378,666
2014 650,991
2013 332,692
2012 540,168
2011 347,250
2010 861,982
2009 50,933
Total 4,021,171
So next quarter will clearly be above this because Rotmans will bring at least $7.5 million.
Now I m waiting for the RX300, FEC and Vytex news!
LOL
Personally I dont care about YoY growth or net margin, because in the big picture it does not matter and it s not what will bring the pps up. I just want these filings to be released to make the acquisition official so that we can move on to the next era with contracts and licensing fees.
Very interesting video, thanks for sharing!
For me the most probable scenario is that insiders will convert their common shares into preferred shares at (for example) a 100-to-1 ratio (so 500 million common shares would become 5 million preferred shares). Then upon conditions to determine (uplist to a major exchange would be the best one) they could reconvert them to common at the same ratio.
That would have the same effect as cancelling shares and no insiders would give away money, and it would benefit them too with the pps going up.
Nice move up here! News or filings coming today?
Be careful Sterling, this afternoon the mamagement denied these 2 PRs im 2 tweets, see below. Not saying what is in them is false, but apparently they were not official PRs:
This morning's press release on DKSC was not authorized by the company and its contents are untrue. There is no deal on an equity line and the company does not have any debt or toxic financing.
— whitechapelusa (@whitechapelusa) September 26, 2019
There was a second (or a first rather) false press release in relation to the company's revenue. The company is working on sorting the issue out. The company will issue an updated press release once corporate counsel gives the draft the green light.
— whitechapelusa (@whitechapelusa) September 26, 2019
.03% is nothing (300k shares), are you sure about that?
Very interesting post, thanks for sharing!
Great post detailing what happened so far and why it happened. Management is doing a great job for bringing us to NASDAQ, day to day price action is not important when you see the big picture.
You wont get your 2.5c shares. VYST is holding well, and patience is the key here. But we wont have to wait much longer, filings have to be released before Oct 1st. Only 6 trading days away! And of course it could also be before that.
Yes, I m expecting SEC re-registration soon, details about the Mondial acquisition announced in July, and combined fins of the 2 companies.
Can anybody point me to where it says CBD Proscience LLC make $4 million per year? Thanks
The hunt has started, I just checked it this morning, all hunt targets have been positioned. Now it s up to people to find them!
Wow highest volume in 3 months. PR on Monday with Mondial Dubai acquisition filings?
Boom finally some action here
Nice buys today!
How do you know they make $4 million per year?
I had a phone call with Pedro the CEO yesterday, for about 20 minutes. He called me because I m from Montreal too and he got my number from a discussion with the IR (not sure if Pedro is also IR) after I started following @TaminoMinerals.
To summarize what he said: there is a convertible note (I think he said 15,000$ but I might have misunderstood) but it cannot be converted as long as the stop sign is up. He said it is easy to remove the stop sign (by providing fins) but he wont do it now to make sure the note does not convert. His focus now is the exploration, and he insisted on that. I asked him about the NI 43-101 report and he said he would relewse it in a few months.
He said his family owns several gold mines, I need to check that. He also said he did not have any friends in Montreal anf that his coworkers tell him he is antisocial so he should make more efforts for communicating. He then proposed me to meet him for a lunch or dinner and told me to invite my trader friends too. He gave me his cell phone number, so I might text him later on.
He seemed like a good guy but there was something odd, not sure how to describe it. I ll see how it goes.
What s going on here? News out?