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Tuesday, January 15, 2019 9:20:23 PM
Also, in today's news there is talk of 250million share buyback but at what price range? I ask this because there is a trick many use called,diversion. One bit of news happens/occurs (stock price plummets due to dilution) so to offset there is news of a 250million share buyback.
It was good to read the honesty of the upcoming two conversion dates. No set course but at least the investor knows they are coming.
Also coming, are news of acquisitions and such... Now this is where I answer the question.
IF i-f if the share price of vyst continues back to it's normal of .03-.05 then is it not plausible that those prices could be used as the various stock being used as payment for company(ies)???
Example: VYST purchases a banana rendering plant for $1mil with company stock/preferred stock as payment. We already know that 500 million shares are out there with the potential of twice that amount that can be used for whatever purposes the company deems beneficial.
So, if 500 million more shares are issued, I'm pretty sure the stock price will not soar much above the normal of .03 - .05
Then, after all the dust/acquisitions are over, the company could do the r/s, the buyback, etc... but I'm thinking that after this year is over the company will provide better and more accurate rev forecasts, and then announce the traditional "We are going to uplist after doing a r/s of..."
Of course, I could be wrong and it would not bother me if VYST 'went to the moon' with the stock price going to .50 or higher.
We'll see though.
Recent VYST News
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/15/2024 05:32:06 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/21/2024 08:06:53 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/29/2023 11:01:23 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/12/2023 10:21:13 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/28/2023 07:36:12 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 10/26/2023 06:46:25 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 10/26/2023 06:41:50 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 10/10/2023 09:14:55 PM
FEATURED Southern Silver Files NI43-101 Technical Report for its Updated Preliminary Economic Assessment for the Cerro Las Minitas Project • Jul 25, 2024 8:00 AM
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM
Kona Gold Beverages Reaches Out to Largest Debt Holder for Debt Purchase Negotiation • KGKG • Jul 17, 2024 9:00 AM