Vystar Corp (VYST)

[TipsyOnWhiskey]

EMAIL FROM GREG!

Hi Nick,

I hope you are having a nice long weekend. We are calling this a consolidation even though it acts like a merger in the traditional sense, which means Rotmans will be added into Vystar completely into one combined balance sheet. You have owners at Rotmans and they are selling their stock to Vystar based on what we disclosed in the last 10Q under subsequent events Note 12. The deal is half cash, half stock. The cash is being paid out of Rotmans over a long period of time so the cash part is not a concern for Vystar. The stock is going to paid out from Vystar. The shares are being done as a note, which can convert into shares, but only after the consolidation, (and other milestones are met), is completed and with a combined SEC filing posted. We feel this is the least dilutive, as the consolidation will have long occurred and Vystar should be trading with the market having the awareness of the combined balance sheets.

Here is a link to the 10Q for you, https://www.sec.gov/Archives/edgar/data/1308027/000138713118006316/vyst-10q_093018.htm
The buyback program the board okayed allows us to buy back up to 250 million shares. We don’t give out too much information on, what, how or when, we are going to buy back for obvious reasons. We have been actively seeking a brokerage firm to handle the program for us. We started with two firms. The first firm we made it through their compliance but the clearing house, Schwab, they clear through turned us down. We have some large insiders that have accounts with Schwab and they felt there could be an issue if we were both buying at the same time and the company got a better fill than they did.

The second firm seems to be okay so far but we don’t have a “Yes” yet. We have added one other firm as a backup as well. It’s not as easy as just setting up an account like you normally would. There are SEC rules, the firm’s own rules, DTC and clearing house requirements to fill as well. The firm we use also has to be equipped to get good delivery (DVP) of the shares and those need to be sent to our transfer agent and then canceled, ideally every two weeks.

I am not sure what you mean by the company has gone dark? We do try to get back to everyone timely but the is a large amount of correspondence to answer so it might take a few days to get a response back from us. We even hosted and gave a tour of Rotmans to some shareholders this weekend who took the time to come visit.

Please let us know if you need any more information. Happy Presidents Day!



Thanks



Greg


Forward-looking Statements: Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of VYST officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future VYST actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance, or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions made and expectations reflected in the forward-looking statements are reasonable, there is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and VYST has no specific intention to update these statements.

*We don’t mind if our correspondence is being forwarded or posted online but please post entire messages, no paraphrasing please, and please copy everything above the line below.

Link To all VYST (Vystar) Filings

https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001308027&type=&dateb=&owner=include&count=40

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On Feb 18, 2019, at 5:42 AM, Nick Lund <[e-mail]> wrote:

Hey Greg,

I am curious where the money for this expected merger will be coming from? It seems to be a hot topic on the message boards. Also I would like to know when the buy back will be starting - as we have not seen any Form 4s filed yet. Closing in after mid February and seems the company has gone dark. Please provide anything you can. Much appreciation.

Thank you,
Nick

Sent from my iPad
Show Quoted Content
On Feb 18, 2019, at 5:42 AM, Nick Lund <[e-mail]> wrote:

Hey Greg,

I am curious where the money for this expected merger will be coming from? It seems to be a hot topic on the message boards. Also I would like to know when the buy back will be starting - as we have not seen any Form 4s filed yet. Closing in after mid February and seems the company has gone dark. Please provide anything you can. Much appreciation.

Thank you,
Nick

Sent from my iPad

Greg Rotman
[e-mail]
508-751-1622 Cell
617-750-2781 Cell