Vystar Corp (VYST)

[stervc]

Churak, respectfully, with this NOL thought...

Respectfully, it's not incorrect. An Accumulated Deficit is synonymous to be an accumulation of losses since inception. Yes, Net Operating Losses (NOLs) are available for tax purposes, but those loses are derived from Accounting Losses. Heck, everything evolves around the Accounting.

The only thing that I will give you is that the total amount for the Tax NOL might not be the entire $31,319,398 as that would be the best-case scenario. This is because Congress enacted a code through Section 382 within the IRS Code where it was modified to limit the losses of a corporation ability to carry forward and set off NOLs if an ownership change has occurred. Still, it's predicated on a certain percentage of ownership that changed.

I'm fairly confident that VYST will have a substantial amount to be applied for a Tax NOL. I'm not an Accountant so this is just based on my little research as a shareholder.

v/r
Sterling