Followed/owned this stock for years.
Mostly boring, especially under the leadership of Doyle.
Did some thinking. Why did this company do such deals with conversions for so little money yet so much dilution?
Answer: So the conversions could take place and some bold investors bought millions at prices almost free. Those 'investors' are now making serious bank selling (notice today's activity/volume. those shares came from 'someplace')And so the insiders could enrich themselves at the price of misery for long-time investors such as myself.
Now, I'm glad my shares are worth at least what they are currently but definitely not happy with the manipulation for shares.
In the past, one of the main attractions for me was the constant insider buying... They purchased shares at prices the same or higher than normal. Proof of that can be researched. In fact, in the past I often posted and commented the satisfaction of faith by the insiders.
Now, enter the 'new' management. Interesting they got so many shares at .0007? NOT. Pure bullshit manipulation. I sure would like to have bought shares of VYST for .0007 especially if I were an insider and KNEW the real status of the company unlike those investors such as myself who were convinced something BAD was occurring, thus making the decision to purchase more as such low prices seem foolish.
As to the lawsuit and such foolishness... It is BECAUSE of their manipulation that allowed insiders to purchase at such low prices AND for others 'in the know' to also purchase.
Complaining? Yep. Justified? Yep. Will I be happy if this crappy company shares go to at least .30? Yep.
To me it seems the 'insiders' are playing a very interesting game. They will truly enrich themselves greatly and also people like me, the peasants who get to eat cake...
Have I learned more about greed? Oh you betcha.
Also, why did Rotmans post made here on this forum YEARS ago mysteriously get deleted? I pointed out the post a couple of months ago. Just went back to read it and it is now...gone. Huh, imagine that?
Games and more games.
I do like the products and shiny trinkets the management of vyst is dangling but definitely do not trust one of them, I only trust that their greed will allow me to MAYBE take some long-term capital gains.
Now, maybe I'll sleep better airing the putrid games those in penny stock companies play on the sheep like me. Oh, as for a reverse split coming this year or next? You can take that to the bank.
AI
