Vystar Corp (VYST)

[stervc]

Regarding that VYST Report...

I'm a little surprised that one would create a report based off info that they have 100% gotten from InvestorsHub (IHub) with negative intentions. I think the report don’t understand that Greg Rotman is the IR for VYST and he is neither an Officer nor Director of the company. Heck, over 90% of penny stocks fail for whatever the reasons and there are lots of stocks out there with scammy intentions. So I respect and understand their logic for wanting to create such a website for people to go view. However, they are wrong about VYST as VYST is not a scam and is legit.

Let’s go over those 7 negative points they brought up. First and foremost, important to understand, everything within IHub is considered to be "opinion" and not factual per IHub rules regardless to who posted and regardless to what is posted. This is per IHub rules. So technically, what any of us post here within this forum is really not that important. What's going to be important is going to be what is actually going to be filed with the SEC and what the company releases in their PRs. See below:

IHub Terms of Service
https://investorshub.advfn.com/boards/terms.aspx

http://ihwiki.advfn.com/index.php?title=FAQ:Deletions_and_Restores#This_one_lady_never_uses_.22IMO.22_.28In_My_Opinion.29_.E2.80.93_she_states_everything_as_if_it.27s_fact_and_it.27s_not.21

Regarding Point #1
That 19% Net Profit Margin piece that's used in that article by the author originated from what I had posted here on IHub. Bottom line, Greg mentioned such to me, but I took it from both a possible perspective and a speculative perspective. Even though that's what he told me for what he believe such could be, he also told me that I should wait to see what is released from the audits for Rotmans because he was not 100% sure because he is not the Accountant putting the numbers together. When I spoke to Greg about what's the Net Income, that was a few months ago back in early to mid Jan 2019. He had also told other investors similar thoughts months later that were lower percentages from what I had learned and he told them the same thing in that he is not the Accountant and that investors should wait to see what is released in the audits for Rotmans for the final say so.


Regarding Point #2
The Outstanding Shares (OS) is still relatively the same since Jan 2019. The number was reported incorrectly, but the company confirmed that there has been any significant dilution since Jan 2019. Read below:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148377048
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148381446


Regarding Point #3
The company authorizing a share buyback was true and was approved by the Board members of VYST. The money for the buyback was not coming directly from the bank account of VYST. You can’t look at the company’s financials and claim that they won’t have the money for a share buyback. I don’t know the details, but the money was coming from sources connected to the company to support the buyback.

Regarding Point #4
The report stated that… ”Rotman repeatedly gives insider information to select shareholders in emails and on phone calls without announcing the information in a public press release.”

That is absolutely not true. Since they say “Rotman” in a singular form, I will presume that they are referring to Greg Rotman because Steve Rotman, the CEO, has almost always never spoken to or said much of anything to anyone. Steve is very hush hush and lets Greg do most of the talking to investors since Greg is the Investor Relations for VYST. Greg has always been very consistent with what he has informed shareholders throughout.

Regarding Point #5
Regarding the shares purchased at .15 by Institutional Investors, they are telling the truth about that too. I recommend all to read this post below courtesy of doogdilinger:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148848532

As for saying that such who bought the shares should not be considered an Institutional Investor, I'll just give you some definitions of what exactly is an Institutional Investor and you will see that what VYST stated in calling them such was correct:
https://www.investopedia.com/terms/i/institutionalinvestor.asp

Then read this post below:

VYST Pays All Toxic Debt/Institutions Pay .15 to Invest
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148070962


Regarding Point #6
As for the share structure, the company has provided updates via twitter below as there are no changes and the Outstanding Shares (OS) is the same as posted in the prior 10K plus an additional 666,667 shares were issues at .15 for a total of $100,000 USD:

Outstanding Shares Update. Balance as of today same as posted in the prior 10K, plus an additional 666,667 shares were issues at .15 for a total of $100,000 USD. This was a straight equity purchase no conversion features or warrants associated with the transaction.

— Vystar Corporation (@VystarCompany) May 10, 2019

Regarding Point #7
Point #7 is simply not true. Rotman clearly does abide by securities laws and the company does release 8-K reports detailing material events. The company also responds legally and legitimately to shareholders via twitter, email, or phone calls.

v/r
Sterling