Vystar Corp (VYST)

[doogdilinger]

All stock will be restricted and subject to a lock-up

The 2.5M Restricted 144 shares are also VYST insider shares davidsan, so if/when the future day ever does comes that Dr. Stone decides he wants to sell any of the 2.5M Restricted insider 144 shares, like all insiders on full SEC Reporting PubCo's he'll first have to file a Form 3 with the SEC informing the market that he's planning to sell, and will then be subject to the 1% of the O/S rule over any rolling 90 day period.

And since VYST is still a pinksheet stock that hasn't yet up listed to any higher tiered exchanges...all Restricted 144 Shares issued for asset purchases like FEC are automatically subject to a 12 month vesting period...so the mere fact that there's also a lockup period attached to the automatic 1 year vesting period on the 2.5M FEC shares suggests that Dr. Stone agreed to extend the automatic vesting period a further 6 or 12 months making the FEC shares the least of our concerns.