Vystar Corp (VYST)

[stervc]

Key Point #1**No Reverse Split

I reached out to the company and confirmed that there is no reverse split. I was informed by the company that the only way that VYST would do a reverse split would be if they needed to do a small one to meet NASDAQ requirements which was why such was given an honorable mention within their last 10-Q:
https://www.otcmarkets.com/filing/html?id=13070644&guid=kjy8UWUD04sjm3h

I was also informed that if such is the case, VYST would announce a no higher than a 1-10 reverse split at the same time of announcing their application submission to trade on the NASDAQ. If such was to happen, it would be after their upcoming closing of their acquisition of Rotmans that was listed within their last 10-Q under Note 12 Subsequent Events which would immediately make them a NASDAQ company because of the Revenues and Profits that they are generating:
https://www.otcmarkets.com/filing/html?id=13070644&guid=kjy8UWUD04sjm3h

The company totally understands that a reverse split is not good for the market and would never do such unless VYST needed to meet the NASDAQ requirement of having a minimum $4.00 Bid. Based on the logic from my conversation and the ratio of no higher than a 1-10, they plan to see VYST trading at .50+ per share before such is needed to graduate the company to the NASDAQ or a reverse split would never happen. The company also told me that there will be a share buyback in the near future.

To reiterate… The company informed me that they are going to qualify for NASDAQ with their Revenue and that if they ever did a reverse split, they would be filing for the NASDAQ and a small 1-10 reverse split on the same day.

v/r
Sterling