Stervc...something still bothers me about this whole thing...perhaps you or someone else can clear it up, if possible...
As I read this filing, if EMA were not greedy and stopped their conversions as soon as the total proceeds reached $80,976 ($72,300 note + 12% or $8,676 as int.) or 37,350,000 shares, all would be hunky dory...in other words, they would have had 12% of the total O/S of the company !!! Instead, if the judge agrees, they would have to buy back 35,000,000 shares on the open market (?) at say 0.10/share or about $3,5000,000 worth and return the shares to VYST...what I do not understand is that the company was desperate enough to have let these guys possess 12% of the O/S of this company when they only owed them $80,976 !!! For a company with a CEO that boasts his father runs a business with >35 million in annual revenues, this would have been pocket change to pay off BEFORE allowing such a calamity to occur...don't you think ? Something does not compute...of course, if the judge rules favorably for the company now, all is well and good...but this company was in dire straits (worth <700k) as late as Jan. of this year !!!
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