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Re: Jack_of_All_Trades post# 1932681

Monday, 01/21/2019 10:15:48 PM

Monday, January 21, 2019 10:15:48 PM

Post# of 2342727
VYST must read OCM had a conversation with our CEO today. I will post my copy and paste it but go to the link at the bottom and read it also.


OCMillionaire Member Level Monday, 01/21/19 09:45:23 PM
Re: OCMillionaire post# 1052 0
Post # of 1054

VYST UPDATE on my call this AM:


spoke with Mr. Rotnam today and asked a few questions regarding a number of things.

1. Are they going Nasdaq this year? A. Yes

2. Are they still on track for the buyback and have they started yet? A. Yes, still on track and have not purchased any shares yet but we will see soon enough. We will file form 4's for all the 250 million share's and issue a press release regarding the initial start of the buy backs.

3. Is their a particular price at which the company completes the purchases or does that not matter to Rotman's? A. The share price is not a factor.

4. When do you think will be the soonest start of the purchases?
A. We are working on compliance right now with the broker but plan on having everything completed and ready for next week.

5. Any plans of expansion or things looking out into the future as far as growing the company? A. We are in talks with a multi-billion dollar company that does furniture. We want to take the companies products that don't sell and buy them from them for pennies on the dollar and sell them. Wayfair Inc, ever heard of them? We have a large lot and are thinking about building out another facility twice as big as our current one to meet the need for that business plan. :O

6. Is the company thinking of doing this for any other companies or have a target companies it is looking at? A. Yes, we have several satellite companies that we want to take over and are in that process as well.

7. The debt, its a big issue for some but honestly, a 50,000 and 100,000$ note are a joke compared to the trash out here in the otc. Is this the only debt you have left and aren't they due in a few months? A. Yes, it isn't a lot and we are definitely going to pay one of them off and the other one we are working on with the debt holder because they want 50% pre payment penalty and we will probably just buy that one out of the open market but we will see. These two piece are the only debt that are left within the company and aren't an issue with how much Rotman's makes a year.
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