InvestorsHub Logo
Followers 400
Posts 48603
Boards Moderated 0
Alias Born 06/20/2011

Re: stervc post# 89968

Saturday, 06/01/2019 11:17:26 AM

Saturday, June 01, 2019 11:17:26 AM

Post# of 163972
A few things to comment on here...

Regarding Point #1

If Rotman told you an expected net profit margin of 19% he is in violation of Reg FD as that was non-public material information. Does not matter how it was taken or that he wasn't committing to it. He proffered the number. That is "guidance" and it was not, and has not been, publicly disclosed. If he is also denying to others he told you this, it would also be an indication that he knows he crossed a line.

Regarding Point #2

There was massive dilution in the first quarter and through May 15, 2019. The filings are quite clear on this.

OS on December 31 was 457,747,818
OS on May 15, 2019 was 1,041,770,559

Rotman's earlier statement led people to believe that it was unchanged.

The company diluted close to 600,000,000 shares. That was a surprise.

There was NO disclosure of that amount of dilution in January. It only became clear when they HAD to disclose in the 10K. Rotman's "explanation" rings hollow.

https://www.sec.gov/Archives/edgar/data/1308027/000138713119003733/vyst-10q_033119.htm

https://www.sec.gov/Archives/edgar/data/1308027/000138713119002804/vyst-10k_123118.htm

Regarding Point #3

The "buyback" in a penny pump narrative. Of course the company "authorized". Nobody has said they didn't. The company could authorize the acceptance of a buyout offer from Google for $10,000,000,000 IF it ever came. See how that works? The question is their ability to carry out one. They simply can't. But Rotman even went so far as to say they "bought back" a "small" amount in the first quarter. What some inferred from that was 10's or even 100's of millions of shares. So Rotman got the reaction he wanted. Did anyone buy stock thinking it was that much? But ONCE AGAIN, when the reality had to be revealed it was a $30 purchase from an individual. THIRTY DOLLARS. Not even an open market transaction. That is how these guys work...keep some element of truth...but mislead nonetheless.

Regarding Point #4

See Point #1 above.

Regarding Point #5


Yet another example of selective truth or only partial information. The fact is that there is NOTHING in the REGULATORY filings that support this notion of a $.15 share purchase by "institutional investors". I discuss this here:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=149115045

Nowhere in the 10Q is there ANY description that either supports or allows one to even "calculate" a $0.15 issuance. They ONCE AGAIN are playing games. The fact is the auditor would have reviewed the 10Q and the language used to describe the issuances. And the issuance price is easy to calculate...$0.0064 and $0.0032.

Regarding Point #6

The TA is gagged, and while the company may be willing to provide some sort of informal update on the OS while it is not changing, they have shown NO ability or intention to disclose a major issuance as they happen. One only needs to look at the OS "surprise" THREE MONTHS after the fact in the 10K to confirm this.

Regarding Point #7

See point #1 above. Regulation FD is a Securities Law, and they violated it when they told you what they believed the profit margin "could be". That is "guidance" and that sould only be disclosed to the market as a whole.

"Harsh reality is always better than false hope"

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent VYST News