Vystar Corp (VYST)

[cjstocksup]

Exactly the SS is very misleading at the moment and as the company does the share buyback those shares are going to be retired. Debt being paid off in full and the share buyback means big VYST dollars ahead.

Free Willy, to answer these VYST questions 1 by 1...

Two key things regarding the increase in the Authorized Shares (AS):

First:
The reason for the increase in the AS was because to account for past convertible notes that were paid off that will never hit the market. VYST had to show shares in their Treasury to account for the shares even though they were never going to hit the market.

Second:
Some have been throwing around the increase in the AS as if it is new news. It is actually very old news as it was done way back before VYST even started moving and getting noticed by the market back on Jan 4, 2019 which can be seen below:
https://ih.advfn.com/stock-market/USOTC/vystar-corp-pc-VYST/historical

The confirmed Jan 4, 2019 date from the filings from the Georgia Secretary of State is below:

Quote:

https://ecorp.sos.ga.gov/BusinessSearch/BusinessFilings