InvestorsHub Logo
Followers 4
Posts 302
Boards Moderated 0
Alias Born 02/02/2019

Re: NagStocks post# 81198

Friday, 05/03/2019 12:48:12 PM

Friday, May 03, 2019 12:48:12 PM

Post# of 163967
It's funny how many turn a blind eye to this very fact.

I was bullish before but when you make everyone shares decrease in value after mentioning you would increase it with share buy back.


A throwback quote from the share buyback PR.
https://www.globenewswire.com/news-release/2019/01/15/1691651/0/en/Vystar-Update-on-Convertible-Debt-Stock-Buyback-of-Up-to-250-Million-Shares.html

"Vystar’s Board of Directors felt that the convertible debt artificially lowered Vystar’s share price and, at the current share price, it was in the best interest of all shareholders to authorize a buyback and return the shares to Vystar’s treasury,” stated Steve Rotman, CEO of Vystar. “As we enter the next phase of the company’s business plan, part of which is acquisitions earning substantial revenues, earnings per share will become a primary goal, so it behooves us reduce the number of outstanding shares."

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent VYST News