Vystar Corp (VYST)

[nbhitter22]

Deciding to move common shares to preferred shares could be a risky move by Vystar. Not saying this is impossible but really the only way I forsee this happening is if they are well in net profit at the end of the year (fiscal year end as of 12.31) with Rotmans numbers included in the adjustment can be made. They would then obviously have to pay dividends to shareholders. It makes the share structure on there end a little more tricky but you’re right it could help the OS but if there is any sign of financial trouble there will be no transfer of common shares to preferred. This will play out depending what the consolidated 10-K says when it is released and if it ever becomes released. Time is ticking but small signs it’s coming soon IMO. Hoping they don’t go till the last day with it - to me that is a bad sign per what has happened when they come down to the end of the timer on anything (it never turns out good). For example the past years 10-K. It was late and horrible. Time will tell