Vystar Corp (VYST)

[doogdilinger]

Because they clearly wanted a worst case insurance policy on their loan and what's the problem with that? If anything in fact, it shows how they too want to ensure that ALL the approaching next sequence of catalysts do in fact get unleashed, including the final key foundational Rotmans acquisition closing building block directly ahead...and condemning them for wanting worst-case insurance on their bridge loan is akin to condemning any money lender for having worst-case protective measures in place.

Are financiers/lenders just supposed to blindly trust even if their someones family members, best friends, biz associates etc...or are the VYST insiders who put up the bridge loan monies supposed to behave like the professional savvy biz men they are, and ensure that they have built in protection on their bridge loan in the event of any worst-case scenarios.

And you sure as heck haven't seen their notes, so stating that there's a supposed "auto conversion" feature that can convert after 6 months is just silly, because only VYST and the insiders who put up the bridge loan monies know what accelerated conversion features their notes possess, and what potential future accelerated events can result in any conversion window opportunities...and VYST wouldn't have taken the bridge loan monies from their VYST insiders in the 1st place if they weren't quite confident and comfortable in their abilities to pay them back prior to any future accelerated conversion feature windows of opportunity kicking in.

And if the VYST insiders participating in the bridge loan did ever convert and decide to sell, then the market would know it in advance anyways in accordance with the SEC's rules & regulations that govern the sale of all insider stock...so yet another complaint for the sake of complaint because VYST as an OTC PubCo continues to navigate their course out of the 3rd party toxic convertible noteholder debt that had been previously plaguing them...like that's a supposed bad thing, when nothing could be further from the truth:)