Vystar Corp (VYST)

[SooS416]

I provided numbers before and was berated for it.

Most companies in the sector or associated sectors trade at about 1x-2x revenues, some higher but that is due to dividends, high profitability and great balance sheets.

I do not think Rotmans and VYST combined will be profitable. I also don;t think a 19% margin is correct either, especially for a public company and the additional associated costs incurred.

Industry average is around 5%, so let's even bump it to a massive 10%.

That would put them around $3.5M net income assuming $35M in revenue, combined with VYST would put them at a loss.

So I'd say 1.5x revenues based on currently known facts is a reasonable valuation until more is known such as cash balance, current ratio's and so for and what is the realistic forward looking revenues, not what can happen but what will happen in the next 12 months.

So that puts PPS right where it is trading currently with a market cap around $50M give or take.