Tuesday, May 21, 2019 10:09:08 PM
Lol...ok now I see the confusion. The NOL discussion is in the context of their use by the subsidiary Rotman’s (post acquisition)...correct?
If that’s the case...then it is a moot discussion. Vystar is acquiring Rotman’s not the other way around. So why does it even matter?
And this goes to a specific comment you make:
“so the Rotmans can do the acquisition however they like”
Precisely.
The NOLs don’t bring value to the existing common shareholders because they are receiving no consideration for them. The Rotman’s are receiving the consideration for their business. That consideration will be Vystar equity...and the amount will be WHATEVER ROTMAN DECIDES IT WILL BE.
So they are still being used to pump the stock. But Vystar is not being acquired.
If that’s the case...then it is a moot discussion. Vystar is acquiring Rotman’s not the other way around. So why does it even matter?
And this goes to a specific comment you make:
“so the Rotmans can do the acquisition however they like”
Precisely.
The NOLs don’t bring value to the existing common shareholders because they are receiving no consideration for them. The Rotman’s are receiving the consideration for their business. That consideration will be Vystar equity...and the amount will be WHATEVER ROTMAN DECIDES IT WILL BE.
So they are still being used to pump the stock. But Vystar is not being acquired.
"Harsh reality is always better than false hope"
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