InvestorsHub Logo
Followers 3335
Posts 60090
Boards Moderated 0
Alias Born 11/08/2012

Re: Homebrew post# 5042

Friday, 01/18/2019 7:22:06 AM

Friday, January 18, 2019 7:22:06 AM

Post# of 163972
Shameless "BuyBack" bullshit pumped by VYST. Stinky-Pinkies don't waste precious cash on their junk stock.  

They dump stock, not buy it back... 
 


Not only that HB, but if the company tries to buy back 250,000,000 shares at say 1 cent, that would cost them 2.5 MILLION DOLLARS. If they tried to buy them back at 2 cents, that would cost them 5 MILLION DOLLARS. And so on.... 

And yet in the same PR, they talk about having to pay off 2 notes totalling a mere $150 THOUSAND DOLLARS. 

LOL!!! 

So how is a company going to buy back 250,000,000 shares at say 2.5 MILLION DOLLARS if the share price stays at one cent, when they can't even pay off two notes totalling a mere $150 THOUSAND DOLLARS??? 


You can't make this stuff up. It's right there in the company's PR from from Tuesday:


https://globenewswire.com/news-release/2019/01/15/1691651/0/en/Vystar-Update-on-Convertible-Debt-Stock-Buyback-of-Up-to-250-Million-Shares.html

This is a classic pump and dump and it will only get worse for shareholders. 


$VYST 


BUYER BEWARE
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent VYST News