InvestorsHub Logo
Followers 14
Posts 1180
Boards Moderated 0
Alias Born 11/10/2018

Re: TenKay post# 108779

Wednesday, 07/31/2019 3:11:50 PM

Wednesday, July 31, 2019 3:11:50 PM

Post# of 163972
LOL ever heard of a private placement?
Actually that could explain why the fins are not released yet. Vystar management might be in talks with several wealthy investors who have access to the Vystar financials (including Rotmans) and who can see that the company is way undervalued now.

Remember from the 10Q:
"A successful transition to attaining profitable operations is dependent upon obtaining sufficient financing to fund the Company’s planned expenses and achieving a level of revenue adequate to support the Company’s cost structure. Management plans to finance future operations through the use of cash on hand, increased revenue from Vytex division license fees, stock warrant exercises from existing shareholders, and raising capital through private placement memoranda (see Note 13, Subsequent Events)."
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent VYST News