Sunday, May 05, 2019 8:51:01 PM
About the RxAir shipments:
"Can't comment on the past quarter with the upcoming 10Q, I can tell you we are shipping this week 100 units for to one distributor."
=> that s 500k$ for this week only!!! More than all of last year s revenue!!
Im repsonse to why they diluted 600 millin shares, I love Greg's answer:
"Approximate round numbers acquired 2 businesses worth about $3 mill, paid off $4 mill short term debt, acquired 6 more patents for Vytex, 2 more for RXAIR, raised about $1.5 mill in cash, paid off long term debt of $1.2 mill, inventory stands at about $700K..."
"completed most of the audit & legal work for Rotmans, 4 10Q’s and 2 10K’s, prepaid future expenses of $400K. In addition, put in a real accounting system with procedures and controls, hired & prepaid a COO for the merger with Rotmans, obviously much more but gives you an idea."
Go VYST !!!!!!
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