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Good Night!
Can't say we didn't warn everyone. After all, selling used furniture was a game changer...LOL
The sad part is...there will be investors who will still believe they can make a buck here.
I would look for a BK filing after they liquidate the store.
RJ, correction.
LOL!
Noticed that the board's nay Sayer hasn't been posting since your great PR updating Altitude's purchase of the resort.
Always great to see posters informing the little people, like myself.
Call them like I see them.
Interesting L2 action again this morning. The ask is looking really thin here and looks like we could see a continued climb.
Something tells me we have a number of shareholders who are waiting on the Nerdland news here...LOL
Correct, like what I'm seeing on L2 today. The number of shares available are looking REAL thin here. This is setting up nicely for a large increase in the PP IMHO.
Couldn't have said it any better, nicely summarized.
You are correct, the stars are aligning nicely with this management team.
Agreed!
When this moves, it will move quickly.
Interesting!
Nice fine RJ.
No surprise here. The rooms will likely see a 100% occupy for several months to come. RV and trailers will also be in high demand or the ability to rent open space at the resort to house workers as well.
For the record, Resorts/Hotels are structured a 60% occupy in order to set their financing support with the financier. The fact that these guys will be at 100% plus out the gate is impressive.
I wouldn't be surprised to see this level maintained for several months to come, based on the photos I've seen.
When we see a large than normal spread, it can signal a run is about to take place.
It tells me for sure that the number of shares available are not in play. MM have a 3rd level that retailers can't see. We either have a large buyer hiding his purchase (only MM see) or the number of shares available is really thin. Meaning traders have pulled their offerings because someone is talking about the Nerdland closing.
Either way, when I see a spread increase, I place the stock on a closer watch level.
Hope this helps.
Something would "appear" to be up this morning.
Noting a larger than normal spread on the bid to ask. Things that make you say Humm.
Hope everyone got to pick up their free shares last week ;)
Hope everyone on the East side is doing well and is ok.
I know a number of posters that live in Florida.
So, Tatoo is out!
After all these years of carrying the company's water, he has thrown in the towel.
For the record, no one here wanted the company to fail. Do the math, when an investor puts up cold hard cash, they believe the company will make it happen.
However, when the CEO has hired family and can't justify a return, post other company's product and claim it for themselves, you're going to get investors who make sure others don't fall for the lie.
OTC, The School of Hard Knocks!
Wow just looked at the update filing.
Knew it would be ugly, but with declining revenues, more debt than remaining stock, this has RS written all over it. Assuming they don't file for a BK first.
Looks like the sunshine boys are going to need to find a new "white" knight.
Last one out, turn off the lights.
All in good time my friend.
Roger that!
Really hasn't been much to talk about here until the recent news.
Love how they are quietly lining up the ducks here.
Meta is not Zuck's only problem.
With the board stepping down, it pretty much tells us everything.
We could be waiting a long time to see the company dust this one off.
So glad to see a couple of my other picks lining up nicely.
Looks more like longs looking for an exit ahead of the grey listing.
How many weeks has it been since the SEC filings were due?
Majority of the longs have already thrown in the towel and have given up on a furniture store that is now looking to sell "used" furniture.
Guess what happens when the furniture market sees a quick job pull back. Reading some interesting news on the appliance companies that have seen a large pull back.
Well Mr. D
Nice to see you're still in the shallows here.
There has been a number of us old dogs hanging in here. I wouldn't be surprised to see some of the old gang start posting here again.
Nice uptick in volume today.
Roger that!
I'm down well over six figures (on paper) here and will be adding as I see the team pulling this one together.
When I saw the new management team come on board, it told me it was for a reason. I believe we are going to see a lot more follow through, in the months to follow.
Given the recent structure of the new management team, it is possible IMO.
All good is correct!
Stepping into a live revenue stream with OTC shares is always a good thing.
We are just getting started.
I'm also on board that more news is coming here.
Not a word!
ITYS, thanks for posting the Definitive link.
Love it when I see no real timeline to close these deals. Tells me that all the leg work is done here.
Someone is slapping the ask this morning.
Doesn't take much to make this one move...LOL
Whatever happened to that RM?
https://www.otcmarkets.com/stock/VYST/news/story?e&id=2137643
Vystar Adds Vytex into RxAir Spin-off, Sets Spin-Off Record Date, Opens Opportunity for Reverse Merger Into Vystar/Rotmans
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.
Vystar has set the dividend record date as June 30, 2022.
I'm guessing that regulatory review is taking longer than planned.
This ends up in the Greys and the "good morning" gang is going to need to find a new job. My gut says we are closer to the Greys than a RM.
Penny, best of luck to you.
I'm not in the camp of no sales on the TCG/GG parcels. Being in development, I understand that it will take some time for the company to pull this off in a big way.
The 15-day extension against the need to position a private placement is likely a safety net. Meaning, I still feel the Nerdland sale is the real deal and likely to happen. If the buyer had walked, we wouldn't see them only ask for 15-days IMO.
On the other hand, it's not a done deal and the company is smart to set up a back door.
I'm a buyer here and see this one running when they slip a parcel past escrow.
Agreed!
This is really thin.
We are setting up for a dime IMO.
Should they continue to buy up other companies with revenue streams, it is very possible.
Kind of what I was thinking...LOL
Agreed!
Love the risk reward with this one.
Nice to see this one waking up.
https://twitter.com/megolacorp
You are correct.
However, seeing the VIX up 14% today tells an even more troubling outlook for investors in the DJIA or Nasdaq.
Brace for impact if your in Dow right now.
Contracts, we don't need no stinking contracts...LOL
Actually, your statement is not "totally" correct.
You are spot on!
If you want to dance!
My post made it real clear, that it was lease option.
Today's news related to Nerdland is GOOD.
Here is why, when a buyer is only asking for a 15day extension, they are not waiting for approval of the loan. A 2-week extension is only 11-business days. Which tells me they are waiting on the final loan docs or paperwork on the buyer.
A two-week extension is GOOD news for investors here.