News Focus
News Focus
Followers 3805
Posts 244703
Boards Moderated 0
Alias Born 07/30/2007

Re: doogdilinger post# 14840

Thursday, 01/31/2019 12:19:30 PM

Thursday, January 31, 2019 12:19:30 PM

Post# of 164196
They bought back at least 1 note so far out of the 3 that were left weeks ago. They plan on buying back these last 2 VYST notes also so 1 or more could already be gone or minimalized by now because they do not want any dilution to hit. Thus NO DILUTION! And also there is about to be NO DEBT! VYST DEBT FREE!
"Vystar paid off the remaining outstanding Peak One convertible note, due January 22, 2019 for $105,000 in cash on December 19th, 2019. Currently two notes with face values of $50,000 and $100,000 remain. The $50,000 note can convert no earlier than February 22, 2019. Vystar has the option to pay off that note with a substantial prepayment penalty or buy it back in the market. Vystar will determine which option is more accretive to the Company prior to February 22. The $100,000 note does not allow conversion before April 2019. It is Vystar’s intention to pay off that note given the minimal prepayment penalty. This will complete the pay off of all of Vystar’s convertible debt."


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