Anyone calling for a reverse split has no clue how growth and commercialization era's unfold, because VYST only acquired Rotmans so that they can begin immediately utilizing the dramatic increase in resources & leverage that Rotmans provides, to launch a growth and commercialization era based on the strength of their proprietary competitive advantage pipeline they're preparing to unlock right Go-Gold!
Which is why right now it's a total and complete unknown how many final stage R&D trials and talks are taking place with multiple big names, and how many of those trials/talks are preparing to be transitioned into full fledged commercialization endeavors right!
And VYST's CEO didn't just spend the past 19 months of life eliminating $4M of 3rd party convertible noteholders and 3rd party convertible aged debt completely off of VYST's books for nothing! He did so in order to make VYST attractive to the next tier of available friendly investment banking funders who will consider partnering with VYST to start unlocking the inherent potential in both the FEC and Vytex pipelines directly ahead!
So any and all talk about any eventual potential reverse split here in order to eventually qualify for a Nasdaq up listing is far too early and way too premature! Because right now we just finally completed the final key foundational Rotmans building block necessary to make VYST attractive to a new potential friendly financing dance partner! And when CEO Rotman does in fact secure the new friendly financing dance partner of choice, then and only then will we begin seeing how many final stage R&D trials and talks VYST is preparing to transition into full fledged commercialization endeavors that may consist of royalties, joint ventures, licensing deals, product rollouts, new major manufacturing partners, new asset purchases, more potential accretive acquisitions, branding and advertising endeavors etc etc etc. Basically all the things that make up a company's commercialization era!
A commercialization era that VYST just spent the past 19 months slowly but surely methodically preparing for! And a commercialization era that will now be launching from a pristine balance sheet with no remaining 3rd party convertible aged debt on the VYST books I might add...so the stage is definitely set for VYST to secure their friendly investment banking dance partner they've already told us is coming...while simultaneously embarking on their long awaited commercialization era by transitioning multiple final stage trials/talks into fresh valuation driving deals>>>$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
And depending on how many fresh valuation driving deals do in fact get launched over the course of these next 30 to 60 days, and who the friendly investment bank partner firm of choice soon gets proven to be! The new friendly financing dance partner will bring tons of creative options to the table pertaining to cleaning up VYST's capital structure and placing VYST onto the correct path of their up listing journey, including implementing VYST's long promised share repurchase program!
So let's see where VYST's ever increasing/evolving/emerging valuation metrics actually rise to over the course of the next 30 to 60 days shall we...before needlessly discussing the possibility of an eventual future reverse split that may or may not ever be required in order for VYST to eventually fulfill its up listing objective all the way onto the NAZ!
Because for all anyone knows, VYST may have a half dozen major deals heading down the pike valued at tens of millions of dollars each, all of which are going to put VYST on a $150M, or $200M, or even $250M per annum revenue run rate over the course of just these next couple of months...and if a growth trajectory that rapid does in fact get unleashed by CEO Rotman and team...much higher breeds of investors and firms are going to be slapping multiples on that kind of explosive growth curve unleashed that will make most joe retailers heads spin, making all the silly talk about an eventual R/S here a total and complete waste of time at this still incredibly early commercialization era stage, when VYST just yesterday finally completed the necessary foundation!
Never buy or sell based on my posts! My posts are just my opinion!
